Global Laser Aesthetics Market 2017-2021
About Laser Aesthetics
Laser aesthetics devices are used to treat skin and body defects. These devices use minimal or non-invasive techniques. Laser-based devices focus a beam on the inner layer of the skin for treatment. They are used for a wide range of applications such as hair removal and skin rejuvenation. They are also used for other light applications such as fat reduction; varicose veins treatment; and removal of pigmented lesions, tattoos, and scars.
Technavio’s analysts forecast the global laser aesthetics market to grow at a CAGR of 7.87% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global laser aesthetics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laser Aesthetics Market 2017-2021
Technavio recognizes the following companies as the key players in the global laser aesthetics market: Cutera, Cynosure, Lumenis, and Syneron Medical.
Other Prominent Vendors in the market are: Allergan, Alma Lasers, Body BeneFits, Energist, Deka Laser Technologies, Ellman International, Ellipse, Erchonia, HCbeauty, Merz Aesthetics, Sciton, and VCA LASER.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is popularity of laser aesthetic procedures. Laser-based aesthetic procedures offer shorter hospital stay and reduced the chances of infections when compared with surgical procedures. Laser aesthetic procedures are used to remove tattoos, facial vein, and unwanted hair.”
According to the report, one driver in the market is increase in demand for laser-based aesthetic procedures. Advancements in technology such as laser-based aesthetic procedures have created a plethora of applications in the field of medical aesthetics. This has resulted in a significant rise in the number of procedures that are carried out using lasers. Less pain, smaller incisions, reduced hospital stay, and faster recovery are some of the benefits of laser-based aesthetic procedures. Laser-based aesthetic procedures are less expensive when compared with conventional surgeries.
Further, the report states that one challenge in the market is threat from alternatives. Laser aesthetics face direct competition from microdermabrasion, collagen injections, chemical peels and sclerotherapy. Alternatives such as microdermabrasion and chemical peel are at a nascent stage. However, they are gaining popularity rapidly as they have limited side effects when compared with laser-based aesthetic procedures. The cost of laser aesthetic procedures is also high when compared with other procedures such as chemical peel.
Cutera, Cynosure, Lumenis, Syneron Medical, Allergan, Alma Lasers, Body BeneFits, Energist, Deka Laser Technologies, Ellman International, Ellipse, Erchonia, HCbeauty, Merz Aesthetics, Sciton, and VCA LASER
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