DUBLIN--(BUSINESS WIRE)--The "Middle East and Africa Aesthetic Medical Laser Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis ByType, Application, and End-User" report has been added to ResearchAndMarkets.com's offering.
Hair Removal Segment Held Largest Share of Application in Middle East and Africa Aesthetic Medical Laser Systems Market in 2019
Middle East and Africa Aesthetic Medical Laser Systems Market is expected to reach US$ 70.79 million in 2027 from US$ 39.03million in 2019. The market is estimated to grow with a CAGR of 8.0% from 2020-2027.
Based on application, the aesthetic medical laser systems market is segmented into hair removal, acne and scars, skin rejuvenation, pigmented lesions, leg and varicose veins, and others. The hair removal segment held the largest share of the market in 2019, whereasthe skin rejuvenation segment is anticipated to register the highest CAGR in the market during the forecast period.
The hair removal segment's growth is fuelled due tothe rising application of intense pulsed light (IPL) tools. Thus, due to the growing demand for hair removal treatment by laser and their precise hair removal techniques, it contributes to the market's growth. On the other hand, the skin rejuvenation segment is expected to grow at the fastest CAGR during the forecast period as various companies have a broader range of skin rejuvenation laser systems. In addition, older people are significantly adopting this therapy for their younger-looking appearance.
The growth of this market is estimated to grow owing to key driving factors such as a high growth in aesthetic medical laser systems and rising government initiatives regarding aesthetic procedures. However, the market growth is likely to be hindered owing to the rising price of aesthetic medical laser procedures.
Bausch Health Companies Inc., Candela Medical, Cutera Inc. are among the leading companies operating in the Middle East and Africa aesthetic medical laser systems market.
Market Dynamics
Market Drivers
- A High Growth in AestheticMedical Laser Systems
- Rising Government Initiatives Regarding Aesthetic Procedures
Market Restraints
- Rising Price of Aesthetic Medical Laser Procedures
Market Opportunities
- Increasing Awareness Regarding Dermatology Treatments and Rise in Beauty Standards
Future Trends
- Rising Presence of Market Players and an Increase in Product Launches and Approvals in the Aesthetic Medical Market
The report segments Middle East and Africa Aesthetic Medical Laser Systems Market as Follows:
By Type
- Standalone Lasers
- Multiplatform Lasers
By Application
- Hair Removal
- Acne and Scars
- Skin Rejuvenation
- Pigmented Lesions
- Leg and Varicose Veins
- Others
By End User
- Hospitals
- Clinics
- Medical Spas
- Others
By Country
- Middle East and Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/a09rde
