Back to All NewsAesthetic/Cosmetic Lasers Market Value
Posted By American Med Spa Association, Friday, October 28, 2016
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According to a new market research report "Aesthetic/Cosmetic LasersMarket by Type (Standalone (CO2, Er:YAG, Diode, Nd:YAG, Alexandrite, Pulsed-Dye),Multiplatform), by Application (Acne, Scars, Tattoo Removal, Varicose Veins), by End User (Hospitals, Medical Spa, Private clinics) - Forecasts to 2021" published by MarketsandMarkets, The global market is projected to reach USD 1,132.7 Million by 2021 from USD 697.6 Million in 2016, growing at a CAGR of 10.2% during the forecast period.
This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, currentmarket trends, and strategies impacting the Aesthetic/Cosmetic Lasers Market along with the estimates and forecasts of the revenue. Growth in the adoption of non-invasive cosmetic procedures, changing lifestyle and increasing disposable income, advancements in technology, and rising medical tourism are the major drivers of the Aesthetic/Cosmetic Lasers Market. However, lack of reimbursement will restrain the growth of this market.
The Aesthetic/Cosmetic Lasers Market is segmented on the basis of type, application, end user, and region. Based on type, the aesthetic/cosmetic lasers type market is categorized into standalone lasers and multiplatform lasers. In this market, multiplatform lasers form the fastest-growing segment as they provide scalable and upgradeable hybrid systems that can treat multiple indications. Furthermore, the standalone lasers market is divided into carbon dioxide (CO2) lasers, Er:YAG lasers, diode lasers, pulsed dye lasers, nd:YAG lasers, alexandrite lasers, and other standalone lasers (argon, ruby, krypton lasers, and erbium:glass lasers).
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This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, currentmarket trends, and strategies impacting the Aesthetic/Cosmetic Lasers Market along with the estimates and forecasts of the revenue. Growth in the adoption of non-invasive cosmetic procedures, changing lifestyle and increasing disposable income, advancements in technology, and rising medical tourism are the major drivers of the Aesthetic/Cosmetic Lasers Market. However, lack of reimbursement will restrain the growth of this market.
The Aesthetic/Cosmetic Lasers Market is segmented on the basis of type, application, end user, and region. Based on type, the aesthetic/cosmetic lasers type market is categorized into standalone lasers and multiplatform lasers. In this market, multiplatform lasers form the fastest-growing segment as they provide scalable and upgradeable hybrid systems that can treat multiple indications. Furthermore, the standalone lasers market is divided into carbon dioxide (CO2) lasers, Er:YAG lasers, diode lasers, pulsed dye lasers, nd:YAG lasers, alexandrite lasers, and other standalone lasers (argon, ruby, krypton lasers, and erbium:glass lasers).
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