Australia Skin Laser Market Size, Share & Trends Analysis Report, By Technology Type (Ablative, Non-ablative), By Product (Laser Skin Resurfacing Machine, CO2 Skin Laser Scanner Machine), By Application, By Region, And Segment Forecasts, 2022 - 2030
Australia Skin Laser Market Growth & Trends
The Australia skin laser market size is anticipated to reach USD 48.1 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 10.9% from 2022 to 2030. 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.
The emerging technologies, such as the combination of laser resurfacing technologies with other treatment options, are anticipated to further drive the 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 market for skin laser in Australia is developing rapidly due to 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, anti-wrinkle injections, fillers, liposuction, and laser & Intense Pulsed Light (IPL).
The COVID-19 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, in turn, is expected to boost the growth of the market during the forecast period.
Australia Skin Laser Market Report Highlights
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