Dermatology Excimer Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Dermatology Excimer Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Report Digest
Global Dermatology Excimer Lasers Market – Overview
Dermatology excimer lasers are available different modes or systems such as hand held, table top, or trolley mounted devices. These dermatology excimer lasers are gaining huge popularity across the globe as the preferred choice for the treating skin disorders such as rhinitis, Lichen planus, folliculitis, atopic dermatitis, granuloma annulare, and Leukoderma among others. These lasers are suitable for treating UV sensitive skin diseases such as vitiligo and psoriasis as well. The leading players in the market are now focusing on developing new products to cater to the growing demands in the market.
Global Dermatology Excimer Lasers Market – Notable Developments
Some of the notable developments in the global dermatology excimer lasers market are listed below:
- In July 2019, Ra Medical Systems announced that the company has launched a new versio of its excimer laser product Pharos. This is an optimized dermatology excimer laser is the next generation of the flagship company product to provide faster and more efficient treatment to patients.
- In February 2016, PhotoMedex announced that the company has entered into an agreement to sell its consumer and professional product businesses to the DS Healthcare Group. The ratio of the takeover would see PhotoMedex hold 43% of the share, whereas DS Healthcare will own the remaining 57%.
Global Dermatology Excimer Lasers Market – Drivers and Restraints
The main driving factor for the growth of the global dermatology excimer lasers market is increasing prevalence of skin disorders. The amount of people opting to undergo treatment for such diseases is also increasing day by day and thus is another important factor for market growth. Among the most common skin diseases prevailing are vitiligo and psoriasis. As per the recent study conducted on the World Psoriasis Day, nearly 125 mn people across the globe are suffering from this disease. Naturally, such high number of patient base is an encouraging factor for the development of the dermatology excimer lasers market.
In addition to this, people are now more aware of the new methods and therapeutics available in the market for treating such disorders. With their growing economic conditions, end-users are willing to undergo treatment and pay premium for receiving the same. This has also helped in developing the market in recent years.
Along with the above mentioned factors, the launch of new products and therapeutics have also played an important role in driving dermatology excimer lasers market growth.
Global Dermatology Excimer Lasers Market – Geographical Outlook
Geographically speaking, the global dermatology excimer lasers market is divided into five key regions namely Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Of these, currently the dermatology excimer lasers market is led by North America. The growth of the regional market is due to the growing demand for these excimer laser for treating wide range of dermatological disorders.
On the other hand, Europe too is expected to contribute significantly in terms of revenue and volume growth of the global dermatology excimer lasers market during the given forecast period. With the growing popularity of laser therapy for treating skin problems and early availability of latest technology, the Europe market is projected be among the leading regional segments.
The Asia Pacific region will also experience its fair share of the market growth. With developing healthcare infrastructure in emerging economies such as India and China, the dermatology excimer lasers market in the region is expected to achieve stellar growth in coming years.
Dermatology Excimer Lasers Market Segmentation
Device Type
- Table Top
- Hand Held
- Trolley Mounted
Application
- Psoriasis
- Vitiligo
- Atopic Dematitis
- Allergic rhinitis
- Leukoderma
- Others
End-users
- Hospitals
- Dermatology clinics
- Skin Care Centers
- Plastic Surgery Centers
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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