According to a new market report published by Lucintel, the future of the aesthetic/cosmetic laser device market looks promising with opportunities in hospitals, private clinics, and medical spas. The global aesthetic/cosmetic laser device market is expected to grow with a CAGR of 9% from 2020 to 2025. The major drivers for this market are growing adoption of non-invasive aesthetic procedures, changing lifestyle, rising incidence of skin damage, and growing medical tourism.
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An aesthetic/cosmetic laser device is a device used for minimizing signs of aging, such as skin laxity, wrinkles, and liver spots. In this market, standalone laser and multiplatform laser are the major device types of aesthetic/cosmetic laser devices. Lucintel forecasts that standalone laser will remain the largest device type segment over the forecast period, as it is less time consuming and non-invasive in operation.
Within this market, hair removal will remain the largest application segment over the forecast period due to increasing prevelance of polycystic ovarian syndrome, in which excess hair growth is observed in a patient’s body.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to rising prevelence of skin problems, like acne, pigmentation, and scaring, which are intrigued due to hectic life schedules in the region.
Cynosure, Syneron Medical, Lumenis, Cutera, Solta Medical, El.En, Alma Lasers, Sciton, Aerolase, and Sharplight Technologies are among the major suppliers in the global aesthetic/cosmetic laser device market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global aesthetic/cosmetic laser device market by device type, application, end use, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Aesthetic/Cosmetic Laser Device Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global aesthetic/cosmetic laser device market by device type, application, end use, and region as follows:
By Device Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Standalone Laser Devices
Carbon Dioxide (CO2) Lasers
Erbium YAG Lasers
Diode Lasers
Pulsed Dye Lasers (PDL)
Nd:Yag Lasers
Alexandrite Lasers
Others
Multiplatform Laser Devices
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Vascular Lesions, Acne, & Scars
Pigmented Lesions & Tattoos
Hair Removal
Skin Rejuvenation
Leg Veins & Varicose Veins
Others
By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:
Hospitals
Private Clinics
Medical Spas
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.