Fractional Laser Market Analysis and Size
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.
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.
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.
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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.
The fractional laser market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fractional laser market.
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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