Dermatology Excimer Lasers Market Overview
Laser treatment is gaining popularity for dermatological diseases and skin disorders treatment. Dermatology excimer laser is used for several skin disorders such as vitiligo, psoriasis, alopecia areata, atopic dermatitis folliculitis, allergic rhinitis, Lichen planus, Leukoderma, granuloma annulare and many other dermatological disorders.
Dermatology excimer lasers used an intense beam of focused laser light. Dermatology excimer lasers offer selective application of ultraviolet radiation on the lesions and surrounding healthy tissue left unexposed. Dermatology excimer laser is suitable for the treatment of UV sensitive skin disorders such as psoriasis and vitiligo.
First FDA cleared excimer laser system XTRAC was introduced in 2000 by PhotoMedex Company. Currently, the manufacturers are focusing on the launch of dermatology excimer laser systems in different regions and countries, therefore, companies are aiming towards to get regulatory approvals. For instance, in April 2017 Ra Medical Systems was received regulatory approval from China Food and Drug Administration (CFDA) for its Pharos excimer laser.
Dermatology Excimer Lasers Market: Drivers and Restraints
Increasing dermatological disorders and growing treatment rate expected to favour the growth of the dermatology excimer lasers market. Growing prevalence of psoriasis and vitiligo is the major driving factor of the dermatology excimer lasers market.
According to the World Psoriasis Day consortium, around 125 Mn people worldwide are suffered from psoriasis. Growing demand for the laser treatment in the dermatology treatment stream expected to boost up the growth of the dermatology excimer lasers market.
Increasing technological advancement, improving treatment affordability and growing per capita healthcare expenditure flourish the growth of the dermatology excimer lasers market. Increasing new product launches and regulatory approvals expected to propel the growth of the dermatology excimer lasers market.
Moreover, product recalls related to excimer laser expected to hamper the growth of the dermatology excimer laser market and negatively impact the image of the manufacturers.
Dermatology Excimer Lasers Market: Overview
Dermatology excimer lasers systems or devices are available in table top, hand held and trolley mounted devices modalities. Based on application, dermatology excimer lasers market is segmented into psoriasis, vitiligo, atopic dermatitis, allergic rhinitis, leukoderma, others segment.
Psoriasis and vitiligo segment expected to represents high market value in the dermatology excimer lasers market as high adoption of excimer lasers for psoriasis and vitiligo treatment. Based on end-users, dermatology excimer lasers market is segmented into hospitals, dermatology clinics, skin care centers and plastic surgery centers.
Dermatology Excimer Lasers Market: Region-wise Outlook
North America is the most dominating market for dermatology excimer lasers market due to the high demand for dermatology excimer lasers for several dermatological disorders treatment. Western Europe expected to contribute the second largest market share in the dermatology excimer lasers market as technological innovations and increasing adoption of laser therapy for skin problems management.
Moreover, Asian countries such as India, China, and South Korea grow with a higher growth rate as improvement in healthcare technologies and growing demand for laser therapy. South Korea and China market expected to grow with a high growth rate as growing demand for laser therapy to improve facial appearance and availability of low-cost treatments.
Dermatology Excimer Lasers Market: Key Market Participants
Example of some market players participants in global dermatology excimer lasers market find across the value chain are PhotoMedex, Inc., Alma Lasers (Shanghai Fosun Pharmaceutical Group Co., Ltd.), Ra Medical Systems Inc., DEKA Research & Development Corporation, Shenzhen GSD Tech Co., Ltd. and other companies.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (India, China ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Dermatology Excimer Lasers Market: Segmentation
On the basis of product type, dermatology excimer lasers market can be segmented as:
- Table top Excimer Lasers
- Hand-held Excimer Lasers
- Trolley Mounted Excimer Lasers
On the basis of application, dermatology excimer lasers market can be segmented as:
- Atopic Dermatitis
- Allergic Rhinitis
On the basis of end users, dermatology excimer lasers market can be segmented as:
- Dermatology Clinics
- Skin Care Centers
- Plastic Surgery Centers