Top Emerging Trends Of Australia Skin Laser Market Progress Forecast 2030 |Grand View Research, Inc.

Posted by Mrudula Anil Karmarkar on August 9th, 2023

San Francisco, 09 August 2023: The ReportAustralia Skin Laser MarketSize, Share & Trends Analysis Report, By Technology Type (Ablative, Non-ablative), By Product (Laser Skin Resurfacing Machine, CO2 Skin Laser Scanner Machine), By Application, And Segment Forecasts, 2022 - 2030

The Australia skin laser market size is anticipated to reach USD 566.2 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2022 to 2030. The growing aesthetic consciousness and increasing awareness about physical grooming in the country have led to high demand for skin laser procedures. In addition, the rising incidence of skin conditions, such as wrinkles, skin pigmentation, and acne, coupled with a growing obsession with flawless skin in Australia is anticipated to drive the market growth.

Emerging technologies, such as the combination of laser resurfacing technologies with other treatment options, are anticipated to further drive market growth. Emerging therapies, such as laser-radiofrequency therapy, laser ablation incorporated with platelet-rich plasma, and laser-assisted drug delivery, are anticipated to reduce downtime & adverse effects of ablative resurfacing without compromising on the efficacy.

The skin laser market in Australia is developing rapidly due to the growing esthetic awareness. In the current scenario, the population of all demographic segments lays great importance on enhancing their esthetic appeal. According to Plastic Surgery Statistics Report, in Australia, the top cosmetic procedures carried out are breast augmentation & reduction, antiwrinkle injections, fillers, liposuction, and laser & IPL.

The pandemic had imposed severe restrictions on Australia’s aesthetic market, which also hampered the in-office laser procedures in the country as of the first and second quarters of 2020. However, many aesthetic clinics around the country have resumed aesthetic services under strict COVID-19 guidelines and patient safety, which will in turn is expected to boost market growth during the forecast period.

Growing esthetic consciousness and increasing awareness about physical grooming have led to high demand for skin laser treatments in Australia. In addition, with the introduction of effective and safe laser resurfacing devices, the preference for non-invasive techniques in aesthetics is increasing. Rapid technological advancements have also led to novel product development. The Australia Ablative Skin Laser segment is expected to witness compound annual growth of 6.1% during the forecast period.

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The outbreak of COVID-19 led many aesthetic facilities to completely halt their services and permanently cancel appointments as they were considered non-essential and high contact in nature. Esthetic treatments like laser resurfacing also witnessed a setback and the number of procedures declined due to the pandemic. However, the number of people willing to undergo cosmetic treatments has increased, which might drive the demand for skin laser treatments in the country.

Australia Skin Laser Market Report Highlights

• The ablative laser technology segment held the largest market share in 2021 as it can be used on a range of skin conditions, including scars, deep wrinkles, fine lines, sun damage, etc.
• The non-ablative laser technology segment is expected to gain remarkable popularity in the forecast period, as it is effective on all skin types, is non-invasive, and is a low-risk procedure
• The laser skin resurfacing machine product segment is also expected to be boosted significantly during the forecast period, as these machines are most commonly used for the treatment of photo-damaged skin & acne scars
• The wrinkles application segment is expected to lead the market in the forthcoming years due to the high demand for anti-aging and wrinkle treatment procedures

There has been a drastic shift from using conventional products to technologically advanced equipment, which is assisting in better diagnosis, prevention, & treatment of various skin diseases and improving aesthetic appeal. The advent of technologically advanced non-invasive laser therapies has led to high demand for laser skin treatments in the country. According to the Australian Laser Clinic, Alexandrite GentleLase Laser by Candela is the fastest-growing laser system in the country for laser treatment, as it has an in-built cooling device that offers pain-free and effective treatment.

Australia Skin Laser Market Report Scope

List of Key Players in the Australia Skin Laser Market

• Alma Lasers GmbH
• Altair Instruments
• Cynosure, Inc.
• Cutera, Inc.
• Syneron Medical Ltd.
• Lutronic Corporation
• Sciton, Inc.
• Lumenis Ltd.