Saudi Arabia Skin Resurfacing Market Size & Outlook
Saudi Arabia skin resurfacing market, 2016-2027 (US$M)
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Saudi Arabia skin resurfacing market highlights
- The Saudi Arabia skin resurfacing market generated a revenue of USD 2.5 million in 2020 and is expected to reach USD 4.1 million by 2027.
- The Saudi Arabia market is expected to grow at a CAGR of 7.1% 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 2.5 million |
| Market revenue in 2027 | USD 4.1 million |
| Growth rate | 7.1% (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, Saudi Arabia accounted for 1.1% 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 Middle East & Africa, South Africa skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.2 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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% in 2020. Horizon Databook has segmented the Saudi Arabia skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
Majority of the population in Saudi Arabia is young and mostly resides in urban areas. Some of the most prominent urban areas are Mecca, Jeddah, Riyadh, and Medina. Officially, the country’s total population was nearly 33.5 million in 2018, with approximately 50% belonging to the age group of 30 & below.
The high percentage of young population, which is highly conscious about their appearance, is opting to invest in grooming products, thereby driving the market. However, ambiguous regulatory framework and high security concerns are some factors impeding market growth.
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Target buyers of Saudi Arabia skin resurfacing market databook
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Saudi Arabia skin resurfacing market size, by type, 2016-2027 (US$M)
Saudi Arabia Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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