This Global Aesthetic/Cosmetic Lasers Market report contains all the market drivers and restraints that are derived using SWOT analysis while explaining the market definition, classifications, applications, and market trends. The report also includes the CAGR values for the historic years, 2016 the base year 2017, and forecast for the years 2018-2025.
Medical laser treatments for aesthetic or cosmetic surgeries are in demand. The demand for the laser treatments is growing rapidly due to the aging baby boomers and the growing rate of consumers that spends to the cosmetic surgeries. The growing adoption of the noninvasive procedures, the rising cases of skin damages, rising medical tourism, changing lifestyles and reduction in the procedural costs drives the market. This Global Aesthetic/Cosmetic Lasers Market report comprises of a deep knowledge and information on what the market’s definition, classifications, applications, and engagements and also explains the drivers and restraints of the market which is derived from SWOT analysis.
Market Analysis: Global Aesthetic/Cosmetic Lasers Market
The Global Aesthetic/Cosmetic Lasers Market accounted to USD 696.95 million in growing at a CAGR of 10.4% during the forecast by 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast by 2024.
Major market drivers and restraints: Global Aesthetic/Cosmetic Lasers Market
- Increase in adoption of non-invasive aesthetic procedures
- Changing lifestyle and growing disposable income
- Technological advancements in the aesthetic or consumer lasers
- Increasing beauty consciousness and aesthetic concepts
- Severe safety regulations for aesthetic procedures
- Lack of reimbursement of cosmetic laser based procedures
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Major Market Competitors: Global Aesthetic/Cosmetic Lasers Market
Some of the major players operating in global aesthetic/cosmetic lasers market are Cutera, Lumenis Ltd., Hologics Inc., Aerolase Corp., Alma Lasers, El.En. S.p.A., Sciton, Inc., SharpLight Technologies Ltd., Syneron Medical Ltd., Valeant, Cosmeditech Innovations Ltd., SENTIENT LASERS, LLC, Erchonia Corporation, TJS Lasers, Inc., LINLINE, Hyper photonics s.r.l., Fotona d.o.o., Asclepion Laser Technologies GmbH, BISON MEDICAL and NBW among others.
Competitive Analysis: Global Aesthetic/Cosmetic Lasers Market
The aesthetic/cosmetic lasers market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aesthetic/cosmetic lasers market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation: Global Aesthetic/Cosmetic Lasers Market
Global Aesthetic/Cosmetic Lasers Market by Type (Standalone Lasers, Multiplatform Lasers), By Application (Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne & Scars, Pigmented Lesion & Tattoo Removal, Leg & Varicose Veins), By End User (Private Clinics, Hospitals, Cosmetic Centers, Medical Spas), By Geography – Industry Trends and Forecast to 2024
Points to pounder in the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
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