Market Trends of Pigmented Lesion Treatment Industry
Lasers and Energy Based Devices are Expected to Witness a Significant Growth
Lasers are gaining significant attention in the aesthetic devices industry, as several procedures are performed using lasers. Laser resurfacing helps reduce facial wrinkles, blemishes, acne scars, and skin pigmentation. These treatments can be performed on the face, neck, chest, arms, and hands.
As per the data from SpringerLink Journal published in May 2021, it was observed that devices used at home to treat dermatological diseases and cosmetic issues are becoming increasingly popular. Examples of commercially available equipment are intense pulsed light, laser diodes, radiofrequency, light-emitting diodes, and ultraviolet B phototherapy.
Additionally, the radiofrequency-based aesthetic device is gaining attention across the global market due to its ease of application and the growing demand for RF-based procedures such as skin tightening and body contouring among the geriatric population. In June 2021, one of the key players in the market, Cutera, launched a radiofrequency (RF) micro-needling device named 'Secret PRO' for skin rejuvenation procedures.
Therefore, with the increasing significance of energy-based devices in pigmented lesion treatment and new product launches, the segment is expected to grow strongly over the forecast period.
North America Dominates the Global Pigmented Lesion Treatment Market
North America dominates the global pigmented lesions treatment market due to rising pigmentation disorders. Presence of well-established healthcare infrastructure and major market players providing effective treatment options to patients suffering from post-inflammatory hyperpigmentation in North America.
The key factor contributing to the growth of the market studied is the increasing older population in the nation. The Population Reference Bureau, in its report on Aging in the United States published in December 2021, indicated that more than 55 million people living in the United States were above the age of 65 years. The market studied is expected to grow as the older population is prone to develop pigmented lesions.
Furthermore, increasing aesthetic skin procedures in the United States contributes to market growth. For instance, as per the report from the Aesthetic Society published in April 2022, there were around 44,479 skin rejuvenation procedures performed in the United States, which was a significant rise compared to previous years. Therefore, rising skin rejuvenation procedures augment the demand for pigmented lesion treatment, boosting the market growth in the United States.
