Huge Growth Expected in Facial Skin Ablative Treatment Market in Future

Nowadays, people have become more conscious of their appearance and are willing to pay for energy-based aesthetic treatments, including laser skin resurfacing. Both women and men are undergoing aesthetic and cosmetic procedures to enhance their facial appearance. For example, the American Society for Aesthetic Plastic Surgery (ASAPS) states that liposuction and eyelid surgery/blepharoplasty were among the top five cosmetic surgical procedures opted by the female population of the U.S. in 2019. Whereas, the male population of the country mostly opted for liposuction, nose surgery, and eyelid surgery/ blepharoplasty.

Men and women across the world are increasingly opting for aesthetic and cosmetic surgeries due to an exponential rise in their disposable income. Among the various skin issues, wrinkles, aging, hyperpigmentation, acne, and scars are becoming increasingly prevalent among the populace. Acne and other scars are caused by stress, a sedentary lifestyle, which that triggers hormonal changes, and an imbalanced diet. Owing to the rising prevalence of such disorders, the facial skin ablative treatment market is expected to advance at a CAGR of 7.8% during 2020–2030. The market stood at $4,134.6 million in 2019, and it is expected to reach $8,394.3 million by 2030.

Geographically, North America registers the maximum number of facial skin ablative treatment procedures, and it will witness the same trend in the future. This will be due to the increasing consciousness among people regarding their physical appearance, growing awareness about the latest technologies, and rising cases of skin disorders, especially acne and other types of scars. As per the American Academy of Dermatology (AAD), nearly 50 million Americans are affected by acne annually. Moreover, the presence of major companies in the region will promote such treatments and procedures in the coming years.

Thus, the strong focus on physical appearance and rising awareness regarding aesthetic and cosmetic procedures are encouraging people to undergo facial skin ablative treatments.