Sarasota, FL -- (SBWire) -- 07/23/2018 --Cosmetic Laser Market by Type (Standalone Laser Devices and Multiplatform Laser Devices), by Modality (Carbon Dioxide Lasers, Erbium YAG Lasers, Diode Lasers, Pulsed Dye Lasers, ND: YAG Lasers, Alexandrite Lasers, and Others), by Applications (Vascular Lesions, Acne & Scars, Pigmented Lesions & Tattoos Removal, Hair Removal, Skin Rejuvenation, Leg & Varicose Veins, Body & Face Contouring, and Others), and by End User (Hospital, Private Clinics, and Medical Spas) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024
Global cosmetic laser market expected to generate revenue of around USD 1,591.58 million by the end of 2024, growing at a CAGR of around 12.15% between 2018 and 2024. Cosmetic lasers function on the principle of selective photo thermolysis, where photo refers to light frequency. It is a treatment used to reduce skin irregularities and wrinkles.
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The report covers forecast and analysis for the cosmetic laser market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the cosmetic laser market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cosmetic laser market on a global level.
In order to give the users of this report a comprehensive view on the cosmetic laser market, we have included a competitive landscape and analysis of Porter's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product and regional expansion of major participants involved in the market.
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The study provides a decisive view on the cosmetic laser market by segmenting it on the basis of product type, component, end user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further divided into major countries including the U.S., UK, Germany, France, China, Japan, India, Brazil, etc. This segmentation includes demand for cosmetic laser market based on all segments in all the regions and countries.
The report also includes detailed profiles of end players such as Solta Medical Cutera, Inc., Aerolase, Cynosure, Inc., Lutronic, Alma Lasers, Ltd., Lumenis Ltd., Sciton, Inc., Syneron Medical Inc., and SharpLight Technologies.
This report segments the global cosmetic laser market as follows:
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Global Cosmetic Laser Market: Type Segment Analysis
Standalone Laser Devices
Multiplatform Laser Devices
Global Cosmetic Laser Market: Modality Segment Analysis
Carbon Dioxide Lasers
Erbium YAG Lasers
Diode Lasers
Pulsed Dye Lasers
ND: YAG Lasers
Alexandrite Lasers
Others
Global Cosmetic Laser Market: Application Segment Analysis
Vascular Lesions, Acne, and Scars
Pigmented Lesions & Tattoos Removal
Hair Removal
Skin Rejuvenation
Leg & Varicose veins
Body & Face Contouring
Others
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Global Cosmetic Laser Market: Sales Channels Segment Analysis
Hospital
Private Clinics
Medical Spas
Global Cosmetic Laser Market: Regional Segment Analysis
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
Global Cosmetic Laser Market to Surpass US $1,591.58 Million by 2024
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa are the regional segments of the global cosmetic laser market. North America is anticipated to dominate the market over the forecast period due to a rapid increase in disposable income, the presence of laser-based treatment clinics, and training initiatives by companies. Europe is expected to show a significant growth in the forecast period due to increased melanin deficient population, rising medical tourism, and rapid advances in technology. The Asia Pacific is expected to show a high growth rate due to the increase in obese and overweight population, increase in accident and burn cases, and change in lifestyle. Latin America and the Middle East & Africa are also expected to show a steady market growth due to an increase in awareness about cosmetic laser surgeries and an increase in disposable income.