The Global “Aesthetic/Cosmetic Lasers ” Market is expected to gain impetus from a rise in the demand for non-invasive aesthetic treatments across the world. In a published report by Fortune Business Insights, titled, “Aesthetic Lasers Market Size, Share Industry Analysis, By Application (Hair Removal, Pigmentation Tattoo Removal, Body Shaping Tightening, Skin rejuvenation, Acne Reduction, and Others), By End User (Hospitals and Specialty Clinics) and Regional Forecast, 2019-2026,” the global aesthetic lasers market is projected to reach USD 6.06 Billion by 2026, exhibiting a CAGR of 16.6% during the forecast period.
However, the global market was valued at USD 1.78 Billion in 2018. The global aesthetic lasers market will also register growth due to the increasing prevalence of skin diseases and sedentary lifestyle.
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COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations travel bans and quarantines restaurants closed all indoor events restricted over forty countries state of emergency declared massive slowing of the IT Spending market volatility falling business confidence, growing panic among the population, and uncertainty about future.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Aesthetic/Cosmetic Lasers Market. Please visit: https://www.fortunebusinessinsights.com/industry-reports/aesthetic-cosmetic-lasers-market-101530
Leading Players operating in the Aesthetic/Cosmetic Lasers Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Lumenis
- Candela Corporation
- Cynosure, Inc.
- Ellex Aesthetic Lasers Ltd.
- Cutera
- Alma Lasers
- Aerolase Corp.
- Solta Medical
- Lutronic
- Lynton Lasers
- El.En. S.p.A.
- Sciton, Inc.
Reasons to Purchase this Report:
- Comprehensive analysis of the Aesthetic/Cosmetic Lasers Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
Increasing Number of Laser Treatment Clinics to Propel Spas and Specialty Clinics Segment
In terms of end-user, the global Aesthetic/Cosmetic lasers market is grouped into hospitals and medical spas and specialty clinics. Out of these, the medical spas and specialty clinics sub-segment is projected to dominate the global aesthetic lasers market during the forecast period. It will occur due to a rise in the number of businesses, such as skin clinics and laser treatment clinics across the world.
Demand for Hair Removal Treatment Options Likely to Boost Global Market
The International Journal of Reproduction, Contraception, Obstetrics, and Gynecology mentions that in October 2018, a rise in the incidence of the polycystic ovarian syndrome (PCOS) in India is from 3.7% to 22.5% and even up to 36% in youngsters. PCOS causes abnormal hair growth, which is increasing the demand for hair removal treatment options. It will, in turn, contribute to a rise in the global Aesthetic/Cosmetic lasers market sales in the forthcoming years.
