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Aesthetic Lasers Market To Reach USD 1.93 Billion By 2026
Market Summary The growth of the market is driven by the growing adoption of non-invasive procedures, increasing occurrence of skin damage and increasing usage of oral contraceptives among female. Market Size – USD 798.4 Million in 2018, Market Growth - CAGR of 10.8%, Market Trends – Aging baby boomers and middle-class surplus earnings to spend on cosmetic surgery.
Our Approach Our Approach Market Summary The Aesthetic Lasers Market is forecast to grow from USD 798.4 Million in 2018 to USD 1.93 Billion by 2026, at a CAGR of 10.8% during the forecast period. The market is primarily driven by increased global warming resulting in severe skin damage and sunburn, increased use of oral contraceptives among women, and phototoxic drug use. Technology advancement has enabled needle-free procedures, thereby boosting the rate of laser treatment adoption. As a preventive measure, young people also opt for cosmetic procedures and slow down the aging process. Strict regulations are projected for cosmetic laser products to ensure increased device efficiency while treating the skin without adverse effects. In addition to the radiation safety performance standards defined by the Federal Regulations, laser device manufacturers must comply with the Federal Food, Drug, and Cosmetic Act. The increasing adoption of energy-based devices and market player’s low focus on aesthetic devices restrict this market's growth. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1366
Our Approach Our Approach Market Summary Further key findings from the report suggest • The Aesthetic Lasers Market is forecasted to grow from USD 798.4 Million in 2018 to USD 1.93 Billion by 2026, at a CAGR of 10.8% during the forecast period. The market is primarily driven by increased global warming resulting in severe skin damage and sunburn, increased use of oral contraceptives among women, and phototoxic drug use. • The market for laser hair removal is expected to grow the largest at USD 502.3 Million in 2026, at a CAGR of 11.3% during the forecast period. Growing esthetic awareness and changing concepts of beauty are the main drivers of this segment's growth. Conventional hair removal techniques are time-consuming and in the current fast-moving lifestyle they are not feasible. Laser hair removal provides customers with a permanent solution, increasing their popularity. • The market for private clinics is expected to grow the largest at USD 801.7 Million in 2026, at a CAGR of 11.3% during the forecast period. This is mainly attributed to increasing awareness of various esthetic procedures and their benefits, increasing patient preference for minimally invasive cosmetic surgery, increasing the number of private clinics and surgeons providing these treatments, and increasing number of aesthetic procedures globally. To identify the key trends in the industry, click on the link below@ https://www.reportsanddata.com/report-detail/aesthetic-lasers-market
Our Approach Our Approach Market Summary Key participants : Lumibird (France), IPG Photonics (US), Coherent (US), Lumentum (US), Epilog Laser (US), Jenoptik (US), Novanta (US), Trumpf (Germany), LaserStar (US), MKS Instruments (US) and others. Type (Revenue, USD Million; 2016-2026) Multiplatform Laser Devices Standalone Laser Devices Alexandrite Lasers Carbon Dioxide (Co2) Laser Diode Lasers Er:YAG (Erbium YAG) Laser Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser Pulsed Dye Lasers (PDL) Others
Our Approach Our Approach Market Summary Application (Revenue, USD Million; 2016-2026) IPL Laser Treatment Laser Skin Resurfacing Noninvasive Tightening Laser-Assisted Lipoplasty Laser Hair Removal End User (Revenue, USD Million; 2016-2026) Hospitals Private Surgery Centers/Clinics Medical Spas & Centers Others Order Now @ https://www.reportsanddata.com/checkout-form/1366
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