U.S. Post Laser Recovery Products Market Size, Share & Trends Analysis Report By Product Type (Cream, Gel, Serum), By Distribution Channel (Online, Offline), And Segment Forecasts, 2023 - 2030

Report Overview

The global U.S. post laser recovery products market size was valued at USD 138.1 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030. Newer small-molecule technologies have made it possible for laser professionals to create focused strategies to speed up wound healing. The goal is to provide the skin with crucial elements that stimulate cell proliferation, migration, and protein synthesis, hence boosting the wound-healing process. The post-laser recovery products are typically prepared in the form of topical creams, ointments, serums, or gels. These topical treatments are very advantageous for patients because they improve cosmetic outcomes, hasten wound healing, and lessen side effects such as erythema and dyspigmentation.

The increasing prevalence of skin problems and growing demand for skin-resurfacing procedures are the major factors contributing to the market growth. Furthermore, in the current environment, people from all demographic groups place a high value on improving their visual appeal. Complete skin rejuvenation enhances a person's aesthetic appeal, and as women are more concerned about their physical appearance than men are, this population group dominates the market in terms of demand for aesthetic products.

Around 85% of the population between the ages of 12 and 24 faces at least some acne problem. The International Society of Aesthetic Plastic Surgery reported that more than 465,354 procedures of laser skin resurfacing (both full-field ablative and micro-ablative) were performed globally in 2020. This represents an increase of more than 150% from just a decade ago, showing the rising popularity of this procedure. According to the American Society for Aesthetic Plastic Surgery, laser skin resurfacing is one of the most popular cosmetic procedures in the United States. Its popularity is rooted in its minimal recovery time, and numerous benefits such as promoting wrinkle improvement, reducing the appearance of age spots, and others. In addition, technological advancements in laser systems are anticipated to drive market growth. The use of laser technologies for the treatment of skin disorders became popular around the 1960s, and continuous-wave CO2 lasers were used for effective skin resurfacing by the 1980s. However, these lasers caused skin scarring, infection, pain, discomfort, skin eruptions, depigmentation, and erythema, thereby increasing the need for better alternatives. As the skin laser market is developing rapidly due to growing awareness about aesthetic treatments, the demand for post-laser recovery products has also witnessed growth.

The Covid -19 has affected all the markets including the aesthetic industry as there was a complete lockdown imposed by the government as a precautionary measure. All elective and aesthetic procedures had been canceled or deferred by government-mandated quarantine measures in 2020, hence the market showed a dip in value. The COVID pandemic has affected every aspect of one’s life, even the skincare routine, there was a disruption in the supply chain due to global restrictions. Many had to stop their laser treatments abruptly owing to the lockdown. This in turn had impacted the post-laser recovery products market.

Product Type Insights

Based on product type segment, the post-laser recovery products market is segmented into cream, gel, serum, and others. The cream is expected to dominate the market in terms of revenue with a market share of 41.2% in 2022. Creams such as moisturizers and sunscreen are the most widely recommended products for post-laser care as they help in retaining the moisture in the skin and protecting it from ultraviolet rays for further irreversible damage. According to aestheticians, using ceramide creams help in restoring the skin barrier that gets weakened after laser treatments and allows skin regeneration of the skin to heal faster. Active ingredients like ceramides also help reduce redness and inflammation post-laser treatments.

However, serum segment is expected to exhibit the highest growth during the forecast period. Nowadays, as the skin loses hydration, the use of Hyaluronic Acid (HA) serums is also recommended for post-laser care. HA is well known for its excellent water-holding ability, in addition to providing tissue architecture of the extracellular matrix, controlling skin elasticity, and participating in cell migration and differentiation processes during wound healing and inflammation.

Distribution Channel Insights

Based on distribution channel, the post-laser recovery products market is segmented into online and offline. The offline distribution channel segment accounted for the largest share 57.3% in 2021. A large number of consumers still opt for offline distribution of post-laser recovery products as they believe in finding the best fit for their skin needs by a trained professional. Therefore, the offline mode of selection has a high market share. Many luxury skincare brands have collaborations with cosmetic clinics and pitch their products to professionals based on the active ingredients & clinical studies, which assist them in making educated decisions for patients. Thus, the offline segment holds the largest market share in 2022.

However, there has been a growing demand for online channel as companies are increasingly using the online method because it allows patients to choose from a diverse portfolio while also providing the benefit of affordability.

Key Companies & Market Share Insights

In the fiercely competitive market for U.S. Post Laser Recovery Products, there are both small and large companies. These companies are always emerging and introducing new items in the market in an effort to improve their market position and grow their market share. For instance, NeoGenesis product recovery serum is a breakthrough serum that speeds the healing process, improves anti-aging results, and reduces inflammation. Furthermore, the presence of companies such as Koru Pharma makes the market even more competitive in nature.  A multinational pharmaceutical company, Koru Pharmaceuticals Co., Ltd., is dedicated to offering cutting-edge medical and cosmetic treatments to assist individuals to keep their young and well-being. The rapid advancement of technology in the field of aesthetics is one of the main causes of boosting competition among market participants. Some prominent players in the U.S. Post Laser Recovery Products market include:

• NeoGenesis

• CALECIM Clinic

• LA CLINICA

• Synergie Skin

• RAI Aesthetics

• Bynacht

• Koru Pharma

• Elixir Cosmeceuticals

• OxygenCeuticals

• Gio Pelle

U.S. Post Laser Recovery Products Market Report Scope

U.S. Post Laser Recovery Products Market Segmentation

This report forecasts revenue growth and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the U.S. post-laser recovery products market report on the basis of product type and distribution channel:

• Product Type Outlook, (Revenue, USD Million, 2018 - 2030)

  • Cream

  • Gel

  • Serum

  • Others

• Distribution Channel Outlook, (Revenue, USD Million, 2018 - 2030)

  • Online

  • Offline