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Increasing Incidence Of Skin Problems Fueling Demand For Facial Skin Ablative Treatments
The popularity of facial skin ablative treatment procedures is growing explosively all over the world, primarily because of the rise in the global geriatric population. As old age is commonly associated with the formation of wrinkles and the occurrence of skin sagging and pigmentary alteration because of the loss of fibrous tissue, the increasing population of geriatric people is causing a sharp surge in the worldwide demand for facial skin ablative treatment procedures.
As per the United Nations Department of Economic and Social Affairs (UNDESA), the number of individuals in the age bracket- 65 years and above is predicted to rise to 356.6 million, 225.4 million, 84.8 million, and 52.0 million in China, India, the U.S., and Brazil, respectively, by 2050. Besides this, the increasing disposable income of people in several countries is also fueling the popularity of skin treatment products and procedures such as facial skin ablative treatment methods across the world.
As per the findings of the U.S. Bureau of Labor Statistics (BLS), in the U.S., the personal disposable income of people increased from $10,935.0 billion ...
... in 2008 to $15,521.8 billion in 2018 and it is further predicted to grow to $23,132.7 billion by 2028. Apart from these factors, the growing public awareness about various aesthetic procedures is also pushing up the demand for facial skin ablative treatment procedures around the world.
A large number of exhibitions, seminars, and conferences are being organized and held in several countries across the world for raising awareness among both healthcare practitioners and the general public about the various aesthetic and cosmetic treatment procedures. For example, in April 2019, the Aesthetic & Anti-Aging Medicine World Congress (AMWC) was organized by EuroMediCom (Informa Group) in Monte Carlo, Monaco. This event included five sessions on anti-aging and aesthetic treatments.
Depending on technology, the market is divided into dermal fillers, mesotherapy, radiofrequency (RF) microneedling, and laser skin resurfacing categories. Amongst these, the RF microneedling category will exhibit the fastest growth in the facial skin ablative treatment market in the forthcoming years, due to the ability of this technology to significantly reduce the occurrence of wrinkles and fine lines, especially around the cheeks, mouth, and eyes. Furthermore, these procedures help in mitigating the formation of stretch marks, acne scars, and pores.
Globally, the facial skin ablative treatment market registered the highest growth in North America during the last few years and this trend will continue in the forthcoming years as well, as per the forecast of P&S Intelligence, a market research company based in India. The factors driving the progress of the market in this region are the growing incidence of skin diseases such as various facial skin problems and the existence of several industry players in the region.
Browse In-depth Facial Skin Ablative Treatment Market Research Report@ https://www.psmarketresearch.com/market-analysis/facial-skin-ablative-treatment-market-trends
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.
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