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Photorejuvenation Market

Photorejuvenation Market Market Research Report – Segmented By Product (Intense Pulsed Light, Laser Equipment, LED Equipment), By Modality (Standalone, Portable), By End User (Hospital, Dermatology Clinics, Others) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Photorejuvenation Market was valued at US $2,190.35 million in 2021 and is projected to grow at 7.01% CAGR over the forecast period to reach US $3,289.61 million by 2027. Photorejuvenation Market represented US $277.70 million opportunity over 2019-2021 and estimated to create US $1,099.26 million opportunity in 2027 over 2021.

Photorejuvenation Market Size (2019 - 2027), USD million

Photorejuvenation from Consainsights analyses the Photorejuvenation Market in the Life Sciences industry over the forecast period to 2027.

Photorejuvenation research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Photorejuvenation segmentation includes Product, Modality, End User and Geography.

Based on the Product, the Photorejuvenation analysis covers Intense Pulsed Light, Laser Equipment, LED Equipment.

In Product segment, Intense Pulsed Light segment has highest cagr growth of 6.21%.

Revenue Share (%), By Product (2021)

Based on the Modality, the Photorejuvenation analysis covers Standalone, Portable.

In Modality segment, Standalone segment has highest cagr growth of 6.21%.

Revenue Share (%), By Modality (2021)

Based on the End User, the Photorejuvenation analysis covers Hospital, Dermatology Clinics, Others.

In End User segment, Hospital segment has highest cagr growth of 6.21%.

Revenue Share (%), By End User (2021)

Based on the region, the Photorejuvenation analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Candela Corporation, Cynosure Inc., Cutera Inc., Fotona, LISA Lasers, Lumenis, Lutronic Corporation, Lynton Lasers Ltd., Venus Concept and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product

Introduction

In 2021, Intense Pulsed Light segment has the highest revenue of US $1,033.71 million and is expected to grow at CAGR of 6.21% by 2027 Intense Pulsed Light segment has highest cagr growth of 6.21%.

Photorejuvenation Market Y-o-Y Growth (USD million), By Product 2019 - 2027
Photorejuvenation Market Size, By Product, 2019-2027 (USD million)

Intense Pulsed Light

Intense Pulsed Light segment was valued at US $902.65 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $1,552.49 million by 2027. Intense Pulsed Light segment represented US $131.05 million opportunity over 2019-2021 and estimated to create US $518.78 million opportunity in 2027 over 2021.

Intense Pulsed Light - Historical, Forecast Market Sizes (USD million), 2019 - 2027

Laser Equipment

Laser Equipment segment was valued at US $695.22 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $1,195.72 million by 2027. Laser Equipment segment represented US $100.94 million opportunity over 2019-2021 and estimated to create US $399.56 million opportunity in 2027 over 2021.

Laser Equipment - Historical, Forecast Market Sizes (USD million), 2019 - 2027

LED Equipment

LED Equipment segment was valued at US $314.79 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $541.41 million by 2027. LED Equipment segment represented US $45.70 million opportunity over 2019-2021 and estimated to create US $180.92 million opportunity in 2027 over 2021.

LED Equipment - Historical, Forecast Market Sizes (USD million), 2019 - 2027

Modality

Introduction

In 2021, Standalone segment has the highest revenue of US $1,582.35 million and is expected to grow at CAGR of 6.21% by 2027 Standalone segment has highest cagr growth of 6.21%.

Photorejuvenation Market Y-o-Y Growth (USD million), By Modality 2019 - 2027
Photorejuvenation Market Size, By Modality, 2019-2027 (USD million)

Standalone

Standalone segment was valued at US $1,381.74 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $2,376.48 million by 2027. Standalone segment represented US $200.61 million opportunity over 2019-2021 and estimated to create US $794.12 million opportunity in 2027 over 2021.

Standalone - Historical, Forecast Market Sizes (USD million), 2019 - 2027

Portable

Portable segment was valued at US $530.92 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $913.13 million by 2027. Portable segment represented US $77.08 million opportunity over 2019-2021 and estimated to create US $305.13 million opportunity in 2027 over 2021.

Portable - Historical, Forecast Market Sizes (USD million), 2019 - 2027

End User

Introduction

In 2021, Hospital segment has the highest revenue of US $1,218.53 million and is expected to grow at CAGR of 6.21% by 2027 Hospital segment has highest cagr growth of 6.21%.

Photorejuvenation Market Y-o-Y Growth (USD million), By End User 2019 - 2027
Photorejuvenation Market Size, By End User, 2019-2027 (USD million)

Hospital

Hospital segment was valued at US $1,064.05 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $1,830.07 million by 2027. Hospital segment represented US $154.49 million opportunity over 2019-2021 and estimated to create US $611.54 million opportunity in 2027 over 2021.

Hospital - Historical, Forecast Market Sizes (USD million), 2019 - 2027

Dermatology Clinics

Dermatology Clinics segment was valued at US $841.25 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $1,446.88 million by 2027. Dermatology Clinics segment represented US $122.14 million opportunity over 2019-2021 and estimated to create US $483.49 million opportunity in 2027 over 2021.

Dermatology Clinics - Historical, Forecast Market Sizes (USD million), 2019 - 2027

Others

Others segment was valued at US $7.36 million in 2019 and is projected to grow at 6.21% CAGR over the forecast period to reach US $12.66 million by 2027. Others segment represented US $1.07 million opportunity over 2019-2021 and estimated to create US $4.23 million opportunity in 2027 over 2021.

Others - Historical, Forecast Market Sizes (USD million), 2019 - 2027