- Report ID: BMRC 1350 | Number of pages: 200 | Publish Date: Sep 2020
Status: Published | Category: Chemical And Materials | Delivery Timeline:
Cosmetic Laser Market is valued at USD 2182.69 Billion in 2019 and expected to reach USD 5296.19 Billion by 2026 with the CAGR of 13.50% over the forecast period.
Global Cosmetic Laser Market: Global Size, Trends, Competitive, Historical &Forecast Analysis, 2020-2026– Increasing adoption of aesthetic treatments as well as healthcare sector and rising demand of non-invasive cosmetic procedures are expected to boost the growth of cosmetic laser market over forecast period.
Cosmetic lasers are medical devices that are utilized for aesthetic or cosmetic treatments by using the technique of selective photothermolysis where light source emitting definite wavelengths is used to produce a thermal effect. The thermal effect which leads to the lysis or destruction of unwanted cells. However, the Cosmetic laser devices are mainly functioning on the principle of selective photo thermolysis whereas, photo refers to the frequency of light, thermo to produce heat and lysis means to destroy. Cosmetic laser techniques are least invasive and user-friendly. Here, the Cosmetic lasers-based application has been classified into hair removal, skin resurfacing, vascular lesions, scar & acne removal, body contouring, and others. Recent medical aesthetics technology has come a long way since it was first introduced nearly two decades ago. There is a constant and growing demand amongst men and women for this type of service in an attempt to combat the effects of aging.
Global cosmetic laser market report is segmented on the basis of product type, application, and by regional & country level. Based on product type, global cosmetic laser market is classified as the ablative and non-ablative. Based upon application, global cosmetic laser market is classified into hospitals, skin care clinics and cosmetic surgical centers.
The regions covered in this cosmetic laser market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of cosmetic laser is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Lumenis Launches Next-Generation MOSES™ 2.0 Holmium Laser Technology.
July 12, 2020: - Lumenis Ltd the world’s largest energy-based medical device company for aesthetic surgical and ophthalmic applications has been announced the launch of MOSES 2.0 the next generation of the versatile patented MOSES platform that is redefining urology care. Hence, the MOSES 2.0 builds on the already clinically proven advantages of the MOSES technology platform to continue to push the boundaries in terms of procedure outcomes, efficiency and economics. In addition, the MOSES technology is designed to greatly improve the efficiency of urinary stones and enlarged prostate (BPH) procedures by optimizing the laser energy transmission. Moreover, the MOSES has demonstrated clinically superior outcomes in dozens of clinical papers, including 20% faster procedures and 33% faster stone ablation while minimizing incidents of urethral stone migration into the kidney.
Currently MOSES 2.0 is unleashing the full potential of laser lithotripsy, providing up to 85% greater stone ablation with ultra-speed stone dusting at 120Hz in small core MOSES fibers. This used ureteroscopically or percutaneously, MOSES 2.0 provides superior ablation at distance for all stones locations and compositions. These advantages add up to savings of thousands of dollars in OR time per procedure. In BPH, MOSES 2.0 represents a major paradigm shift, transforming the clinically validated gold-standard therapy, Holmium Laser Enucleation of the Prostate (HoLEP), into an outpatient procedure with same day discharge, catheter-free. Because it simultaneously cuts adenoma and cauterizes blood vessels, MOSES 2.0 provides 15% faster prostate enucleation and 40% faster hemostasis, which significantly reduce overall surgery time, anesthesia use and bleeding1. These results in shorter length of hospital stay, better surgical outcomes and higher patient satisfaction, and translate into thousands of dollars of contribution per procedure to the healthcare provider’s profitability.
Global Cosmetic Laser Market Dynamics –
Rising implementation of non-invasive aesthetic processes is contributing to the growth of the market. The rapid development in emerging economies and technological advancement is expected to create revenue generation opportunities for the manufacturers of cosmetic lasers. According to cosmetic procedures ethical issues in 2017, the estimate of the UK cosmetic procedures was £3.6 billion in 2015, up from £720 million in 2005. In the US, the cosmetic surgery market alone was assessed in 2015 as $20 billion. Besides, the increase in innovative product launches and growth of medical tourism across the globe is supporting the growth of the market. However, high cost and stringent regulatory requirements for aesthetic procedures are the key factors hampering the growth of the global market.
The future technology cosmetic lasers are the ultimate game changer in the future of skin care. The combination of always-advancing cosmetic laser technology and cosmeceutical products such as vitamin C or glycolic acid work in conjunction to create a super skin service that reveals better, faster results. The constant improvement and evolution of these treatments is helping the market growth. The new technologies continue to develop, shape, lift and rejuvenate the skin. The patients are increasingly preferring low-risk and pain-free non-invasive procedures over surgery and will continue to do so in the future because they have those options.
Global Cosmetic Laser Market Regional Analysis –
Geographically, North America is dominating the global cosmetic lasers market. Hence, the increased awareness and accessibility to advanced technologies. Moreover, increasing prevalence of skin problems including acne, pigmentation and scarring drives the market growth. Furthermore, increasing rate of cosmetic surgery procedures among the older group is also expected to result in higher demand for cosmetic laser market globally over the forecast period. Asia Pacific region is at second position in dominance is expected to be the fastest growing region in global cosmetic lasers market. The factors such as the aging population, disposable incomes and low procedural costs are driving the market growth. There are also rise in the incidents such as acid attacks and burn injuries making people opt for the aesthetic procedures.
Key Benefits for Global Cosmetic Laser Market Reports–
By Product Type
By Regional & Country Analysis:
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Global Cosmetic Laser Market Size By Product Type (Ablative, Non-ablative) Forecast 2020-2026