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Cosmetic Lasers Market 2023 - By Size, Share, Industry Growth Analysis Report By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Cosmetic Lasers Global Market Report 2023 identifies rising medical tourism as the major driver for the Cosmetic Lasers market's growth in the forecast period. The wide availability of better quality and low costs treatment options is increasing demand for medical tourism which provides better facilities and experienced doctors for better treatment and care, at an economical price. The rise in medical tourism, especially the cosmetic surgery medical tourism is likely to escalate the demand for cosmetic lasers.
The global cosmetic lasers market size grew from $2.42 billion in 2022 to $2.93 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cosmetic lasers is expected to grow to $5.89 billion in 2027 at a CAGR of 19.1%.
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Major competitors in the Cosmetic Lasers market are Cutera Inc., Cynosure Inc., Lumenis, Aerolase Corporation, ALMA LASERS Ltd., Sciton Inc., Syneron Candela, Solta Medical International Inc.
A key trend in the Cosmetic Lasers market includes developing innovative and technologically advanced products. For instance, in January 2020, Lumenis, an Israel-based manufacturer of minimally invasive clinical solutions for aesthetic, surgical, and ophthalmology markets launched LightSheer Quattro, a product that offers hair removal treatment for all skin types.
Read More On The Global Cosmetic Lasers Market Report Here:
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The Cosmetic Lasers market is segmented -
• By Type: Standalone Lasers, Multiplatform Lasers
• By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Other Modalities
• By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Other Applications
• By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cosmetic Lasers market.
The Business Research Company's "Global Cosmetic Lasers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cosmetic Lasers Market Include:
1. Executive Summary
2. Cosmetic Lasers Market Characteristics
3. Cosmetic Lasers Market Trends And Strategies
4. Cosmetic Lasers Market - Macro Economic Scenario
5. Cosmetic Lasers Market Size And Growth
……………………………………
26. Africa Cosmetic Lasers Market
27. Cosmetic Lasers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cosmetic Lasers Market
29. Cosmetic Lasers Market Future Outlook and Potential Analysis
30. Appendix
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