Global Cosmetic Lasers Market Trends And Strategies Of Major Players In The Cosmetic Lasers Market 2021-2030
3 Jun, 2021
The cosmetic lasers market consists of sales of cosmetic lasers by entities (organizations, sole traders, and partnerships) that manufacture cosmetic lasers used during cosmetic surgeries. A cosmetic laser is a device used to reduce facial wrinkles and skin irregularities, such as acne scars or blemishes. Cosmetic lasers are also used for removing unwanted hair from the body by beaming highly concentrated light into the hair follicles. It is used to treat In medical conditions, it is used to treat such as sagging eyelid skin, aging skin problems, and wrinkles on the face birthmarks, fine lines, and dark circles.
Global Cosmetic Lasers Market Size And Drivers:
The global cosmetic lasers market is expected to grow from $1.64 billion in 2020 to $1.93 billion in 2021 at a compound annual growth rate (CAGR) of 17.7%. The growth is mainly due to the increase in beauty and health consciousness and the popularity of the non-invasiveness nature of treatment which gives quick results, causes lesser discomfort and has a shorter recovery time as opposed to traditional methods. The market is expected to reach $3.28 billion in 2025 at a CAGR of 14.2%. The upraising medical tourism industry is predicted to augment the demand for cosmetic lasers.
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Trends In The Global Cosmetic Lasers Market
The companies are increasingly focusing on developing innovative and technologically advanced products to meet the requirement of end-users, expand the company product portfolio, and maximize company sales. 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. In 2019, India based medical and aesthetic solutions company, Alma Medical launched a novel device for hair removal named Saprano Titanium, which is quicker, painless and covers greater area using multiple wavelengths.
Global Cosmetic Lasers Market Segments:
The global cosmetic lasers market is further segmented based on type, modality, application, end user and geography.
By Type: Standalone Lasers, Multiplatform Lasers
By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Others
By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar And Acne Removal, Body Contouring, Others.
By End User: Hospitals, Skin Care Clinics, Cosmetics Surgical Centers
By Geography: The global cosmetic lasers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cosmetic lasers market in 2020.
Read More On The Report For The Global Cosmetic Lasers Market At:https://www.thebusinessresearchcompany.com/report/cosmetic-lasers-global-market-report
Cosmetic Lasers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cosmetic lasers market overviews, analyzes and forecasts market size and growth for the global cosmetic lasers market, cosmetic lasers market share, cosmetic lasers market players, cosmetic lasers market segments and geographies, cosmetic lasers market’s leading competitors’ revenues, profiles and market shares. The cosmetic lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.