Fractional Laser Market to Observe Utmost CAGR of 9.00% by 2030, Key Drivers, Development Trends and Competitive Outlook

Fractional Laser Market report offers better solution for refining the business strategies to thrive in this competitive market place. A number of trustworthy sources such as journals, websites, and annual reports of the companies, white papers, and mergers have been referred for assembling the data and information mentioned in this industry report. Information and data provided through this industry analysis document can be very decisive for HEALTHCARE industry when it comes to dominating the market or creating a  mark in the market as a new emergent. The research study performed in the realistic Fractional Laser Market business report also helps to understand the various drivers and restraints impacting the market during the forecast period.

Data Bridge Market Research analyses that the fractional laser market which is USD 1.50 billion in 2022, is expected to reach USD 3.0 billion by 2030, at a CAGR of 9.00% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Increased adoption of non-invasive aesthetic procedures will propel the fractional laser market in the forecast period of 2023-2030.  A device that delivers a laser beam split into thousands of minuscule treatment zones that only focus on a portion of the skin at a time similar to how a photographic image is improved or changed pixel by pixel is used in the non-invasive fractional laser treatment procedure. Fractional laser therapy has bridged the gap between ablative and non-ablative laser treatments for sun-damaged and ageing skin. While ablative laser treatments focus primarily on the epidermis (surface skin cells) and non-ablative treatments focus solely on dermal collagen (the skin’s mid-layer), fractional laser treatments target both the epidermal and dermal layers.

Market Overview:

The fractional laser, also known as fractional laser resurfacing, is anti-aging treatment. Multiple laser sessions are required to treat wrinkles, fine lines in the skin, age spots, uneven skin tone, and other skin damages. With each subsequent laser session, the skin problems begin to fade. Fractional lasers are used in laser skin resurfacing and acne scar treatment to improve skin elasticity and texture, fine lines, wrinkles, acne scars, sun damage, melasma, and other skin discolorations. Unlike other types of laser skin resurfacing, fractional lasers only target small areas, leaving surrounding areas unaffected.

Drivers

• Rise in usage of 3D laser technologies

3D laser technologies, which are precise and accurate by design and enable a contamination-free procedure, have reduced the cost of producing prostheses while increasing production speed. The surface of the material is unaffected, and the UV laser leaves no raised markings. At the same time, laser technology has enabled manufacturers to significantly increase their production capacity in order to meet the ever-increasing demands of hospitals and private care. These are the certain factors which propel the market growth.

Opportunities

• Technological advancements

Photonics technology advancements, increased oil and gas demand, medical, favourable government investments, increased demand for lasers in the military and defence sectors, and new applications are all driving up demand for laser technology. For instance, Lumibird, a laser technology developer, acquired Saab AB, a Swedish aerospace and defence company, in March 2021 to take over its defence laser rangefinder business. Lumibird Group’s presence in the European defence market is likely to be beneficial. All of these measures contribute to the growth of the fractional laser market.

Recent Developments

• In 2021, Coherent Inc. announced that it had accepted the acquisition proposal for II-VI Incorporated, which was received on March 17, 2021. As a result, Coherent Inc. is terminating the March 9, 2021, merger agreement between Coherent Inc. and Lumentum and paying Lumentum the USD 217.6 million termination fee contemplated by their merger agreement in order to enter into a new merger agreement with II-VI Incorporated.

Some of the major players operating in the fractional laser market are:

• Cynosure, LLC (France)
• Quanta System (Italy)
• Asclepion Laser Technologies GmbH (Germany)
• LUTRONIC (South Korea)
• Alma Lasers (Israel)
• Sciton (U.S.)
• Lumenis Be Ltd. (France)
• Lasering s.r.l. (Italy)
• Candela Corporation (U.S.)
• Deka M.E.L.A. S.r.l (Italy)
• EC21 Inc. (South Korea)
• Cutera (U.S.)
• Coherent, Inc. (U.S.)
• FANUC UK Ltd. (U.K.)
• Aerolase Corp. (U.S.)
• Solta Medical (U.S.)
• SharpLight Technologies Inc. (Canada)

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Investing in this study would grant you access to valuable information, including:

• Comprehensive coverage of the Fractional Laser Industry, both globally and broken down by region.
• Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
• Country-specific market size splits for the most important countries with major market shares.
• Market share and revenue/sales data for the industry’s leading players.
• Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
• Detailed market size data, including breakdowns by application/industry verticals.
• Projections and forecasts for the market’s future growth and development.

Fractional Laser Market Scope

Device Type

• Ablative
• Non-Ablative
• Micro Ablative

Laser Type

• Fractionated
• Non-Fractionated

 Site

• Face
• Neck
• Chest
• Arms
• Hands

 Application

• Fine Lines
• Wrinkle Resurfacing
• Hyper-Pigmentation
• Stretch Marks

 End User

• Hospitals
• Medical Spa
• Private Clinics

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