Cosmetic Laser Market Industry Size, Global Trends, Market Forecast – 2019-2025


Posted November 11, 2019 by pranshusingh

The cosmetic laser market is anticipated to show steady growth during the forecast period. Cosmetic lasers are medical devices used for cosmetic treatments.

 
The cosmetic laser market is anticipated to show steady growth during the forecast period. Cosmetic lasers are medical devices used for cosmetic treatments. Increasing awareness of individual physical appearance associated with increasing preference for minimally invasive cosmetic surgeries is one of the major factors that drive the growth of the global cosmetic laser industry. There are various minimally invasive procedures that can be performed using cosmetic lasers, including skin rejuvenation, treating lines and wrinkles, tattoo removal, hair removal, acne, and scar removal. Technological advancements in laser technology have a significant contribution to the growth of the cosmetic laser market.

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The introduction of technologically advanced and the procedure specific laser systems are inducing the population especially females to undergo aesthetic procedures such as skin rejuvenation, acne removal, scar removal, and hair removal among others. As per the American Society of Plastic Surgeons (ASPS), a number of cosmetic procedures are continuously growing as there were around 17.7 million cosmetic procedures performed in the US including both, surgical and minimally invasive procedures in 2018, which is increased by 2% as compared to 2017. Among the total cosmetic procedure, around 15.9 million were cosmetic minimally invasive procedures in 2018.

The growing demand for procedure-specific cosmetic laser treatment is influencing the major market players of the cosmetic laser market to launch novel energy-based aesthetic laser systems in the market to make a significant contribution to the growth of the cosmetic laser market. For instance, in April 2019, Alma Lasers had launched Soprano Titanium which is a hair removal device. The device combines three most effective laser wavelengths including 755 nm, 810 nm, and 1064 nm to treat different types of skin with 40% increased efficiency. In December 2018, Cutera had introduced Pico Genesis for the treatment of skin pigmentation for enhancement of patients' skin complexion. In February 2018, Lumen is Ltd. launched Pico Fractional, a photo acoustic fractional laser system that is used to perform skin resurfacing procedure.

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Current Market Trends Covered in the Market Report
• Increasing medical tourism in emerging countries to offer major growth opportunities for the cosmetic laser market.
• New product launches are the key focus of major market players to remain competitive in the marketplace.
• Lack of reimbursement and highly inflexible health insurance policies for cosmetic procedures are the major restraints for the market growth.

Global Cosmetic Laser Market Segmentation
By Product
• Nd: YAG Laser
• Pulse-dyed Laser (PDL)
• Erbium YAG lasers
• Others (Intense Pulsed Light (IPL) Laser, Alexandrite Laser’s and Q Switch Laser)

By Application
• Hair Removal
• Skin Resurfacing & Tightening
• Vascular Lesions
• Scar & Acne Removal
• Body Contouring
• Others

By End-User
• Hospitals
• Dermatology Clinics
• Medical Spas

Global Cosmetic Laser Market – Segment by Region

North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle-East Africa

A full report of Cosmetic Laser Market is available at: https://www.omrglobal.com/industry-reports/cosmetic-laser-market

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Tags cosmetic laser , market opportunity , market share , market trends
Last Updated November 11, 2019