UK Skin Resurfacing Market Size & Outlook, 2020-2027
UK skin resurfacing market, 2016-2027 (US$M)
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UK skin resurfacing market highlights
- The UK skin resurfacing market generated a revenue of USD 7.1 million in 2020 and is expected to reach USD 10.7 million by 2027.
- The UK market is expected to grow at a CAGR of 6% 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 7.1 million |
| Market revenue in 2027 | USD 10.7 million |
| Growth rate | 6% (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, UK accounted for 3.1% 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 Europe, Germany skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 25.3 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 57.75% in 2020. Horizon Databook has segmented the UK skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
According to the Office for National Statistics, geriatric population is also increasing in the UK with 18% of the total population being 65 and above in 2016. The geriatric population is more susceptible to dry skin, loose skin, wrinkles, fine lines, and other skin conditions. Thus, growing geriatric population is expected to fuel market growth.
Moreover, increasing consciousness about body image & outward appearance in the UK is expected to boost the market demand. According to a YouGov poll of about 4,505 adults in the UK, ~57% of adults aged between 18 & 24 years, ~30% aged between 45 & 55 years, and ~20% aged 55 years & above are unhappy with their body.
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Target buyers of UK 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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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 UK skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into UK skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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UK skin resurfacing market size, by type, 2016-2027 (US$M)
UK Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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