Press release
Aesthetic Cosmetic Lasers Market is expected to reach USD 1,400.0 million by 2029
Over the years, there has been high demand for popular aesthetic procedures due to growing appearance conscious population. Over the course of past five years, the male involvement increased by 43% projected to show substantial growth over the forecasted period. With this rate of increment in the aesthetic/cosmetic procedure, the market will gain traction within the forecasted period.Global Aesthetic Cosmetic Lasers Market was valued at USD 536.46 million in 2021 and is expected to reach USD 1,400.0 million by 2029, registering a CAGR of 11.3% during the forecast period of 2022-2029. The "multiplatform lasers" accounts for the largest type segment in the aesthetic cosmetic lasers market within the forecasted period owing to the scalable and upgradeable hybrid systems, the flexibility and versatility of several standalone systems in a single package. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Cosmetic or aesthetic lasers are basically the medical devices that are used for cosmetic treatments utilizing the selective photothermolysis approach, which uses a brief and focused light beam of a specific wavelength to create a thermal effect that destroys undesirable cells. These lasers are used for a variety of operations, including tattoo removal, wrinkle removal, acne and scar removal, hair removal, and skin rejuvenation. Treatment for the elimination of various forms of scars, such as sun damage, melisma, and age spots, is part of the acne and scar removal segment, which is expected to develop in the future. An ablative laser, which vaporizes the injured skin's top layer, and a non-ablative laser, which works deeper into the skin without destroying the surface layer, are the two types of laser treatments employed. Aesthetic lasers are used to remove wrinkles, hair, pigmented lesions, and tattoos, among other things.
Access full report: https://www.databridgemarketresearch.com/reports/global-aestheticcosmetic-lasers-market
Drivers
Growing Aesthetic Procedures
The growth in various procedures such as the tattoo removal, skin rejuvenation, hair removal, wrinkles, acne and scar removal, among others are the most significant factor driving the growth for this market. Surge in awareness regarding the physical appearance, which inclines population towards these cosmetic procedures are also expected to accelerate the overall growth of the market.
Growing Investments and Advancements
Moreover, the various technical advancement in the field of aesthetic/cosmetic lasers and rise in the medicinal tourism are estimated to generate lucrative opportunities for the market. Increase in the research and development activities in the market and rise in the technological advancements will further expand the aesthetic cosmetic lasers market's growth rate in the future.
Furthermore, the expanding healthcare sector, soaring demand for non-invasive aesthetic treatments along with the modernization in the healthcare techniques are also expected to fuel market growth. Surging awareness regarding benefits of laser procedures, increase in the healthcare expenditure and rise in the demand from emerging economies are also projected to cushion the growth of the market.
Restraints/Challenges
Stringent Guidelines
On the other hand, the rise in the strict safety guidelines for aesthetic procedures and safety regulations for aesthetic devices is expected to obstruct market growth.
Also, the communal disgrace related with cosmetic treatments and the high cost of the aesthetic or cosmetic treatment are projected to challenge the aesthetic cosmetic lasers market in the forecast period of 2022-2029.
This aesthetic cosmetic lasers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aesthetic cosmetic lasers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The aesthetic cosmetic lasers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aesthetic cosmetic lasers market.
Some of the major players operating in the aesthetic cosmetic lasers market are Aerolase Corp (U.S.), Alma Lasers, (Israel), Mindray DS USA, Inc., (U.S), Cutera, (U.S.), Cynosure, (U.S.), El.En. SpA (Italy), Lumenis Be Ltd. (Israel), Sciton, (U.S.), AMI INDUSTRIES, INC. (U.S), CANON MEDICAL SYSTEMS CORPORATION (Japan), CHISON Medical Technologies Co., Ltd., (China), SharpLight Technologies Inc., (Canada), Aerolase (U.S), Bausch & Lomb Incorporated (Canada), Candela Medical (U.S), and Bausch Health Companies Inc., (Canada) among others.
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