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Australia Skin Laser Market Future Growth Prospects, Demand, Technology Advancement, Regional Outlook and Key Players to 2030

Australia Skin Laser Industry Overview

The Australia skin laser market size was estimated at USD 328.9 million in 2021 and is expected to expand at a CAGR of 6.3% from 2022 to 2030. 

Growing esthetic consciousness and increasing awareness about physical grooming have led to high demand for skin laser treatments in Australia. In addition, with the introduction of effective and safe laser resurfacing devices, the preference for non-invasive techniques in aesthetics is increasing. Rapid technological advancements have also led to novel product development. The Australia Ablative Skin Laser segment is expected to witness compound annual growth of 6.1% during the forecast period.

The outbreak of COVID-19 led many aesthetic facilities to completely halt their services and permanently cancel appointments as they were considered non-essential and high contact in nature. Esthetic treatments like laser resurfacing also witnessed a setback and the number of procedures declined due to the pandemic. However, the number of people willing to undergo cosmetic treatments has increased, which might drive the demand for skin laser treatments in the country.

Gather more insights about the market drivers, restrains and growth of the Australia Skin Laser Market

There has been a drastic shift from using conventional products to technologically advanced equipment, which is assisting in better diagnosis, prevention, & treatment of various skin diseases and improving aesthetic appeal. The advent of technologically advanced non-invasive laser therapies has led to high demand for laser skin treatments in the country. According to the Australian Laser Clinic, Alexandrite GentleLase Laser by Candela is the fastest-growing laser system in the country for laser treatment, as it has an in-built cooling device that offers pain-free and effective treatment.

The increasing prevalence of skin conditions is a significant factor leading to an increase in the demand for laser resurfacing devices, thus driving the market growth. Skin conditions most commonly affect immunosuppressed individuals who are easily infected by bacteria, fungi, and other disease-causing organisms. There have been much research data published on the prevalence of skin diseases in Australia.

In general, the conditions seen in dermatology clinics and general practices are similar in scope to other Western countries. However, various studies show that skin cancer and other related conditions are more prevalent in Australia and New Zealand than in the UK, presumably primarily due to the high environmental exposure to ultraviolet radiation.

The rising exposure of social media platforms and increasing awareness of advanced as well as effective laser resurfacing treatments are boosting the growth of the market. According to Yellow Social Media Report 2020, around 15% of Australians were more likely to buy a product or a service from brands that are promoted by celebrities or social influencers, while 63% said that celebrity/social influencer endorsements reduce their purchase likelihood. Moreover, the study revealed that around 23% of Australians use social media to get information regarding a brand, business, or product.

The pandemic affected the global aesthetic industry as governments in many countries mandated temporary shutdowns of aesthetic facilities the same was the case in Australia. Most of the dermatology and aesthetic clinics, including the Australian Laser Clinic, Result  Laser Clinics, and Skin Laser Clinic, were closed in line with the lockdown announced by the government. Beauty and aesthetic clinics were shut in Queensland, New South Wales, Western & Southern Australia, and Victoria until the end of August 2021 due to increasing per day cases.

Browse through Grand View Research’s  Medical Devices Industry Research Reports.

  • Aesthetic Lasers Market – The global aesthetic laser market size was estimated at USD 969.5 million in 2021 and is expected to expand at a CAGR of 16.6% from 2022 to 2030. The demand for lasers is projected to grow rapidly due to aging baby boomers and the prevalence of surplus income with the middle class to spend on cosmetic surgeries.
  • Carbon Dioxide Market – The global carbon dioxide market size was valued at USD 3.68 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2030. Increasing utilization of Carbon Dioxide (CO2) for Enhanced Oil Recovery (EOR) and its surging usage in food & beverages and medical industries are anticipated to fuel the growth of the global market during the forecast period.

Australia Skin Laser Market Segmentation

Grand View Research has segmented the Australia skin laser market on the basis of technology type, product, and application:

Australia Skin Laser Technology Type Outlook (Revenue, USD Million, 2018 – 2030)

  • Ablative
  • Non-ablative

Australia Skin Laser Product Outlook (Revenue, USD Million, 2018 – 2030)

  • Laser Skin Resurfacing Machine
  • CO2 Skin Laser Scanner Machine
  • Laser Tips

Australia Skin Laser Application Outlook (Revenue, USD Million, 2018 – 2030)

  • Wrinkles
  • Acne & other scars
  • Skin Pigmentation
  • Aging
  • Others

Market Share Insights

  • July 2021: Alma Laser received USFDA 510k approval for its Alma Hybrid, a laser platform that includes an ablative 10,600 nm (CO2) laser and non-ablative 1570 nm laser for skin resurfacing. The introduction of both ablative and non-ablative techniques will provide physicians with a high level of treatment flexibility and allow patient customization based on skin conditions.

Key Companies profiled:

Some prominent players in the Australia skin laser market include

  • Alma Lasers GmbH
  • Altair Instruments
  • Cynosure, Inc.
  • Cutera, Inc.
  • Syneron Medical Ltd.
  • Lutronic Corporation
  • Sciton, Inc.
  • Lumenis Ltd

Order a free sample PDF of the Australia Skin Laser Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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