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Some of the notable business players operating in photorejuvenation devices market include:
The market players are adopting various organic and inorganic strategies in order to increase their geographical presence and market share in the industry.
The market size of photorejuvenation devices exceeded USD 1.6 billion in 2018.
Robust product offerings and technological advancements in North America have made the region a favorable investment destination in photorejuvenration devices industry.
Proliferation in technology and increase in the adoption of IPL devices for scar rejuvenation, hair removable, wrinkle reduction, and acne control will serve as a catalyst in spurring the traction of IPL products in the industry landscape.
Some of the factors such as favorable regulatory approval, trend for non-invasive surgical procedures and rising burden of skin disorders are likely to fuel the demand for photorejuvenration devices globally.
The industry share of photorejuvenation devices is expected to witness 6.6% CAGR from 2019 to 2025.
Leading companies are focusing on portable photorejuvenation devices owing to the increasing trend for portable devices among stakeholders pertaining to the fact that they reduce the number of sessions needed for treatment.