Laser aesthetics, also known as skin therapy or face laser resurfacing therapy, can help reduce blemishes, wrinkles and pigmentation, such as sunspots and feckles, by using brief, immediate, pulsating, focused water rays. This skin resurfacing method is also known as the lasabrasion method, laser peel, and laser vaporisation. It treats a wide range of skin problems, including dark spots, face ageing, pigment alterations, redness, and other skin diseases. Depending on the laser or light-based device utilised, they also differ in terms of downtime and aggressiveness.
MARKET SCOPE
The "Global Laser Aesthetics Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the laser aesthetics market with detailed market segmentation by type, application and end user. The report provides key statistics on the market status of the leading laser aesthetics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmented as, standalone lasers, multiplatform lasers.
- Based on application the market is segmented as, hair removal, skin rejuvenation, vascular lesions, acne, scars, varicose veins, others.
- Based on end user the market is segmented as, private clinics, hospitals, medical spas.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of skin and realted disorders is the key driving factor for the market growth.
- Growing demand for non-invasive and minimally invasive surgical procedures is also expect to fuel the market growth.
- Technological advancements in laser aesthetic procedures and devices.
- Growing use of aesthetic lasers in cosmetic centers and aesthetic clinics.
- Rising disposable incomes is also likley to spur the market growth.
Restraints:
- Whereas, presence of stringent regulatory framework for use of laser aesthetics and high cost of laser aesthetic procedure are likely to hamper market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The laser aesthetics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the laser aesthetics market in these regions.
IMPACT OF COVID-19 ON LASER AESTHETICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the laser aesthetics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from laser aesthetics market are anticipated to lucrative growth opportunities in the future with the rising demand for laser aesthetics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the laser aesthetics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- STRATA Skin Sciences
- Bausch and Lomb Incorporated
- Alma Lasers
- Sciton, Inc
- Aerolase Corp
- SharpLight Technologies Inc
- Cynosure Inc
- Candela Medical
- Lumenis
- Cutera
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