Global Cosmetic Laser Market Report 2021 – ResearchAndMarkets.com

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DUBLIN – (COMMERCIAL THREAD)–The “Global Cosmetic Laser Market Report 2021: Growth and Change Related to COVID-19” report was added to ResearchAndMarkets.com offer.

The global cosmetic laser 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 market is expected to reach $ 3.28 billion in 2025 at a CAGR of 14.2%.

The growth is mainly due to the increased awareness of beauty and health and the popularity of the non-invasive nature of the treatment which gives rapid results, causes less discomfort and has a shorter recovery time by compared to traditional methods.

The cosmetic lasers market includes sales of cosmetic lasers by entities (organizations, sole proprietorships, and partnerships) that manufacture cosmetic lasers for use in 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 to remove unwanted body hair by projecting highly concentrated light into the hair follicles. It is used to treat medical conditions, it is used to treat sagging skin on the eyelids, aging skin problems and wrinkles on the face, birthmarks, fine lines and dark circles.

The main types of cosmetic lasers are stand-alone lasers, multi-platform lasers and models include pulsed dye laser (PDL), yttrium aluminum garnet (YAG) laser, carbon dioxide laser, l ‘erbium, intense pulsed light (IPL), radio frequency, infrared, etc. Autonomous lasers have a single wavelength and a small variety of applicators used to process a narrow range of indications.

Multiplatform lasers use a handpiece with a small laser rod positioned inside having different wavelengths for a range of indications. Cosmetic laser is used by hospitals, skin care clinics, cosmetic surgery centers and is applied in various fields including hair removal, skin resurfacing, vascular damage, scar removal and acne, body contouring, etc.

The strict regulation of cosmetic laser products with regard to approval is expected to be a constraint on the market during the forecast period. Manufacturers of laser devices must comply with a number of regulations relating to radiation safety, device efficacy and performance, and other FDA guidelines on major hazard classes. Strict regulatory processes and standards for cosmetic lasers are delaying the time it takes to get the device to market, which could be a constraint during the forecast period.

In December 2019, US-based private equity firm, Potomac Equity Partners, through its holding company, Laser MD Medspa, acquired Laser Gentle Medspa for an undisclosed amount. With this acquisition, Laser MD Medspa expands its geographic presence and accesses a full range of cosmetic and aesthetic treatments, including laser hair removal services. Laser Gentle Medspa is an American company specializing in laser hair removal, skin rejuvenation, body contouring and others.

The rise in medical tourism has supported the growth of the cosmetic laser market during the historical period. The wide availability of better quality and lower cost treatment options increases the demand for medical tourism which offers better facilities and experienced doctors for better treatment and care, at an economical price.

The increase in medical tourism, especially cosmetic surgery medical tourism, is likely to increase the demand for cosmetic lasers. Therefore, the boom in the medical tourism industry is expected to increase the demand for cosmetic lasers.

Companies are increasingly focusing on developing innovative and technologically advanced products to meet the needs of end users, expand the company’s product portfolio and maximize company sales.

The main players in the cosmetic laser market are Cutera Inc., Cynosure Inc., Lumenis, Aerolase Corporation, ALMA LASERS LTD, Sciton Inc., Syneron Candela, Solta Medical International Inc., ElEn SpA, Lynton Lasers Ltd, Medicure Group Of Companies , Thermage, ALLTEC GmbH (FOBA), Mentor, Fotona, Allergan Inc. and Galderma Laboratories LP.

Main topics covered:

1. Summary

2. Characteristics of the cosmetic laser market

3. Cosmetic laser market trends and strategies

4. Impact of COVID-19 on cosmetic lasers

5. Size and growth of cosmetic laser market

5.1. Global historical cosmetic laser market, 2015-2020, billion

5.1.1. Market pilots

5.1.2. Market restrictions

5.2. Global Cosmetic Laser Forecast Market, 2020-2025F, 2030F, Billion

5.2.1. Market pilots

5.2.2. Market restrictions

6. Segmentation of the cosmetic laser market

6.1. Global cosmetic laser market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Autonomous lasers

  • Multiplatform lasers

6.2. Global cosmetic laser market, segmentation by modality, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Pulsed dye laser (PDL)

  • YAG laser

  • Carbon dioxide laser

  • Erbium

  • Intense Pulsed Light (IPL)

  • Radio frequency

  • Infrared

  • Others

6.3. Global cosmetic lasers market, segmentation by application, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

6.4. Global cosmetic laser market, segmentation by end user, history and forecast, 2015-2020, 2020-2025F, 2030F, billion

  • Hospitals

  • Skin care clinics

  • Cosmetic Surgery Center

7. Regional and national analysis of the cosmetic lasers market

7.1. Global cosmetic laser market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, billion

7.2. Global cosmetic laser market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, billion

Companies mentioned

  • Cutera Inc

  • Cynosure Inc

  • Lumenis

  • Aerolas Company

  • ALMA LASERS LTD.

  • Sciton Inc

  • Syneron Candela

  • Solta Medical International Inc

  • ElEn SpA

  • Lynton Lasers Ltd.

  • Medicure Group of Companies

  • Thermage

  • ALLTEC GmbH (FOBA)

  • Mentor

  • Fotona

  • Allergan Inc

  • Galderma LP Laboratories

For more information on this report, visit https://www.researchandmarkets.com/r/g0w5zu


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