The global aesthetic laser market is progressing in terms of revenue, with an anticipated CAGR of 11.24% during the estimated period of 2019-2027.
The advancements in laser technology, rising demand for minimally invasive procedures in dermatology and rising elderly population are boosting the market growth globally.
Moreover, the significant reduction in recovery time after surgery and increasing disposable income are expected to drive the growth of the market during the forecast period.
However, stringent regulations to use laser in the medical field and delusion pertaining to cosmetic surgeries are top restraining factors in the market.
The aesthetic laser market is segmented on the basis of application, type, and end-users. The various applications of the aesthetic laser are skin rejuvenation, vascular lesions, hair removal, pigmented lesion & tattoo removal, and other applications.
The aesthetic laser market encompasses five main regions, which include Latin America, North America, Europe, Asia-Pacific, and Middle East & Africa.
North America has the largest market share in terms of revenue in the global aesthetic laser market, which is attributed to the rapid advancement in technology, flexible medical reimbursements policies and aesthetics awareness among the population.
On the other hand, Asia-Pacific is the fastest progressing region in the global market. This growth is due to the growing elderly population and rising disposable income in the region. As Japan has a large proportion of the aging population, the government has given some relaxation for the laser applications.
Major companies mentioned in the market are Viora, Cynosure (Acquired by Hologic), Sciton Inc., Sharp Light Technologies Inc., Lynton Lasers Ltd, Alma Laser Inc., Inmode Aesthetic Solutions, Alltec Gmbh, Lumenis Ltd. (Acquired by Xio), Lutronic Corporation, Medical (Valeant Pharmaceuticals), Fotona, Cutera, Inc., Syneron Candela, Strata Skin Sciences Inc., Aerolase, and Solta.
Key Topics Covered
1. Aesthetic Laser Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Porters Five Forces Model
2.2.1. Threat of New Entrants
2.2.2. Threat of Substitute Products
2.2.3. Bargaining Power of Supplier
2.2.4. Bargaining Power of Buyer
2.2.5. Intensity of Competitive Rivalry
2.3. Vendor Score Card
2.4. Aesthetic Laser Evolution
2.5. Estimation Outlook
2.6. Key Buying Outlook
2.8. Supply Chain Outlook
2.9. Key Insights
2.10. Market Drivers
2.10.1. Rise in Elderly Population
2.10.2. Changing Lifestyle and Increasing Disposable Income
2.10.3. Growth in Medical Tourism
2.10.4. Surging Adoption of Non-Invasive and Minimally Invasive Aesthetic Procedures
2.11. Market Restraint
2.11.1. Limitations in Laser Systems Demonstration
2.11.2. Delusion Related to the Cosmetic Surgeries
2.11.3. Strict Government Guidelines
2.12. Market Opportunities
2.12.1. Advancements in Technology
2.12.2. Less Prone to Human Errors During Laser Surgeries by the Sensors Usage
2.13. Market Challenge
2.13.1. Large Market Competition
3. Aesthetic Laser Industry Outlook - By Types
3.1.1. Standalone Lasers
3.1.2. Multiplatform Lasers
4. Aesthetic Laser Industry Outlook - By Application
4.1.1. Hair Removal
4.1.2. Skin Rejuvenation
4.1.3. Vascular Lesions
4.1.4. Pigmented Lesion & Tattoo Removal
4.1.5. Other Applications
5. Aesthetic Laser Industry Outlook - By End-users
5.1.1. Private Clinics
5.1.3. Medical Spas
5.1.4. Other End-users
6. Aesthetic Laser Industry - Regional Outlook
6.1. North America
6.1.1. Market By Types
6.1.2. Market By Applications
6.1.3. Market By End-users
6.1.4. Country Analysis
184.108.40.206. United States
6.4. Latin America
6.5. Middle East & Africa
7. Competitive Landscape
7.2. Cutera Inc.
7.3. Alltec GmbH
7.4. Alma Laser Inc.
7.6. Inmode Aesthetic Solutions
7.7. Cynosure (Acquired by Hologic)
7.8. Lynton Lasers Ltd.
7.9. Lumenis Ltd. (Acquired by Xio)
7.10. Lutronic Corporation
7.11. Sciton Inc.
7.12. Solta Medical (Valeant Pharmaceuticals)
7.13. Sharp Light Technologies Inc.
7.15. Strata Skin Sciences Inc.
7.16. Syneron Candela
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