Industry Background:
Cosmetic Laser is the device used for facial treatment. Facial treatments includes facial wrinkles, skin irregularities and acne scars. There are various techniques are used for cosmetic laser treatment such as Directs short, concentrated pulsating beams of light at irregular skin and precisely removing skin layer by layer. Cosmetic laser devices are included two type of devices such as standalone laser and multi platform laser Devices.
According to AMA, the market for Cosmetic Laser is expected to register a CAGR of 10.96% during the forecast period to 2026. This growth is primarily driven by Fueling Demand of Non Invasive Cosmetic Processes, Rising Facilities of Health Care Procedures and Increasing Dependency of Women’s on Cosmetic Laser.
Globally, a noticeable market trend is evident Introduction of Medical Tourism
. The Health Care Technology sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Deka (United States), Actavis PLC (United States), Valeant Pharmaceuticals International Inc. (United States), Johnson & Johnson (United States), Syneron (United States), Aerolase (United States), Alma Lasers, Ltd. (Israel), Cutera, Inc. (United States), Cynosure, Inc. (United States) and El.En. SpA (Italy) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 20th November 2018, Alma, leaders of energy-based medical and aesthetic solutions has completed first step acquisition Nova Medical from Israel for enlargement of business.
On 31st July 2018, Cardiovascular Systems, Inc. (CSI) and Aerolase Corporation are signed agreement for developed new laser device. Which is able to treating multiple forms of arterial disease.
Market Drivers
- Fueling Demand of Non Invasive Cosmetic Processes
- Rising Facilities of Health Care Procedures
- Increasing Dependency of Women’s on Cosmetic Laser
Market Trend
- Introduction of Medical Tourism
- Fast Development in Technical Innovation of Devices
Restraints
- Strict Regulation for Cosmetic Product
- Lack of Availability of Cosmetic Laser Devices
Opportunities
Technological Advancement in Emerging Countries
Challenges
Up Surging Demand of Branded Product and Increasing Competition
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cosmetic Laser Study Sheds Light on
The Cosmetic Laser Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cosmetic Laser industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cosmetic Laser industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.