Canada Skin Resurfacing Market Size & Outlook, 2020-2027
Canada skin resurfacing market, 2016-2027 (US$M)
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Canada skin resurfacing market highlights
- The Canada skin resurfacing market generated a revenue of USD 12.1 million in 2020 and is expected to reach USD 18.8 million by 2027.
- The Canada market is expected to grow at a CAGR of 6.5% from 2021 to 2027.
- In terms of segment, ablative was the largest revenue generating type in 2020.
- Non-Ablative is the most lucrative type segment registering the fastest growth during the forecast period.
Skin resurfacing market data book summary
| Market revenue in 2020 | USD 12.1 million |
| Market revenue in 2027 | USD 18.8 million |
| Growth rate | 6.5% (CAGR from 2020 to 2027) |
| Largest segment | Ablative |
| Fastest growing segment | Non-Ablative |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ablative, Non-Ablative |
| Key market players worldwide | Alma Lasers Ltd, Cynosure, Altair Engineering Inc Class A, Cutera Inc, Lynton Lasers, UltraShape Ltd. (Syneron Medical), LUTRONIC, Sciton, Quanta, Lumenis |
Other key industry trends
- In terms of revenue, Canada accounted for 5.2% of the global skin resurfacing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- Canada is the fastest growing regional market in North America and is projected to reach USD 18.8 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada skin resurfacing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to skin resurfacing market will help companies and investors design strategic landscapes.
Ablative was the largest segment with a revenue share of 57.02% in 2020. Horizon Databook has segmented the Canada skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
According to Statistics Canada 2019, data, the percentage of senior citizens is expected to increase from nearly 17% of total population in 2018 to nearly 30% in 2068. The rise in aging population is anticipated to increase the demand for anti-aging treatments and thereby facilitate market growth.
In addition, according to the Canadian Dermatology Association, nearly 20% of the country’s inhabitants live with acne and thus, the high prevalence of acne is anticipated to fuel the market demand in the country.
Moreover, according to the 2018 Canadian Medical Association Masterfile, nearly 37% of the dermatologist in the country have solo practices, thus, ranking highest amongst the other dermatology practice organizations such as hospitals, multispecialty clinics and others.
Furthermore, in 2019, wait time was nearly 5 months for nearly 12 medical specialties across the country. Furthermore, the wait times vary across the provinces and territories, with wait time of nearly 2 years in case of certain dermatologists in Northern Ontario.
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Our clientele includes a mix of skin resurfacing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into Canada skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Canada skin resurfacing market size, by type, 2016-2027 (US$M)
Canada Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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