China Skin Resurfacing Market Size & Outlook, 2020-2027
China skin resurfacing market, 2016-2027 (US$M)
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China skin resurfacing market highlights
- The China skin resurfacing market generated a revenue of USD 9.4 million in 2020 and is expected to reach USD 17.5 million by 2027.
- The China market is expected to grow at a CAGR of 9.3% 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 9.4 million |
| Market revenue in 2027 | USD 17.5 million |
| Growth rate | 9.3% (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, China accounted for 4.1% 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 Asia Pacific, Japan skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11.2 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 56.38% in 2020. Horizon Databook has segmented the China skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
The COVID-19 outbreak in the country and resultant lockdown significantly affected the business of several prestige beauty stores and salons in downtown and travel-retail locations. However, As of April 2019, China has started its recovery from COVID-19 outbreak, and the retail beauty industry is projected to regain its normalcy by mid- July.
Moreover, social media apps such as Meitu, Instagram, WeChat, and Snapchat have changed the way how people in China perceive their appearance. As per a report by So-Young, a NASDAQ-listed online plastic surgery marketplace in China, in 2018, there were about 20 million medical aesthetic consumers, of which ~64% were born after 1990 and ~19% were post-millennial in the country.
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Our clientele includes a mix of skin resurfacing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into China skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China skin resurfacing market size, by type, 2016-2027 (US$M)
China Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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