Aesthetic/Cosmetic Lasers Market: Overview
The demand for the laser treatments is increasing rapidly owing to the aging baby boomers and the growing income of the consumers that help them to spend on the cosmetic surgeries. The factors that help the market to grow are the growing adoption of the noninvasive procedures, the rising cases of skin damages, rising medical tourism, changing lifestyles and reduction in the procedural costs. In the recent times, people are more conscious about their beauty and health and hence are ready to spend money to maintain it.
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Aesthetic/Cosmetic Lasers Market by Segmentation: The aesthetic/cosmetic lasers market is globally segmented into its application, type, end user, and regions. On the basis of the type, the global aesthetic/cosmetic lasers market is segregated into stand-alone laser devices and multi platform laser devices. The standalone laser devices segment is further sub-segmented into carbon dioxide lasers, diode lasers, Nd: dyedYAG lasers, erbium YAG lasers, pull dye lasers, alexandrite lasers and other devices such as argon, erbium, krypton, ruby glass lasers. Based on the different applications, the global aesthetic/cosmetic lasers market is categorized into pigmented lesions and tattoos, skin rejuvenation, vascular lesions, acne and scars, hair removal, leg veins and varicose veins and other applications such as gynecological conditions and onychomycosis. On the basis of the end user, the global market is segmented into hospitals, medical spas, and private clinics. The aesthetic/cosmetic lasers market is diversified into regions such as Europe, Asia Pacific, North America and the Rest of the World.
Aesthetic/Cosmetic Lasers Market by Growth Factors: The aesthetic/cosmetic lasers market is growing on a large scale and is going to continue this trend in the coming years. The laser hair removal segment dominates the aesthetic/cosmetic lasers market in terms of the volume of the procedure. The growing beauty consciousness and aesthetic concepts are the main factors that are driving the growth of the market. The traditional hair removing techniques are not feasible and are time to consume, thus the consumers are turning towards the laser hair removal treatment which is a permanent solution. The laser hair removal treatment is also cost effective as compared to other cosmetic surgeries, thus contributing to the market growth. The skin tightening procedure is popular among the consumers of the age group 35 to 50 years. The benefits such as the noninvasive nature, quick results and shorter recovery time make it a better option than the dermal implants and fillers. The factors such as development in the laser technology, high disposable income, high adoption of aesthetic procedures and increased consciousness both among men and women regarding their beauty are driving the market growth.
Aesthetic/Cosmetic Lasers Market by Regional Analysis: North America dominates the aesthetic/cosmetic lasers market owing to the consciousness among the aged population and the increasing technological developments. Due to the absence of professional training for the aesthetic procedures, the organizations are initiating their own training using their own products thus driving the market growth. Asia Pacific region is also having a large share in the aesthetic/cosmetic lasers market. The factors such as the aging population, disposable incomes, and low procedural costs are driving the market growth. There are also rise in the incidents such as acid attacks and burn injuries making people opt for the aesthetic procedures. The countries such as Brazil, India, Mexico, and China have increased in demand for the laser-assisted septoplasty due to the rise in fats in areas such as thighs, stomach area due to pregnancy and obesity.
Aesthetic/Cosmetic Lasers Market by Competitive Players: Some of the key market players in the aesthetic/cosmetic lasers market include Alma Lasers, Ltd., Cynosure, Inc., Lumenis Ltd., SharpLight Technologies, Solta Medical, Aerolase, Cutera, Inc., El.En. SpA, Sciton, Inc. and Syneron Medical Inc.
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