The term LASER is an acronym for amplification by stimulated emission of radiation. It is a single wavelength of one colored light source of very high energy, which is precisely aimed to the light on a small constricted area. Cosmetic lasers are also known as aesthetic lasers which are used in dermatological segment for wrinkled and aging skin. These lasers particularly focus on the physiology of skin makes use of technical-based methods for rectifying the skin. The medical professional of the aesthetic science are trained and competent in both invasive and non-invasive procedures, and usually use a mishmash of both the methods to cater to the needs of the patients. Cosmetic lasers have multiple applications such as to rectify fine lines and wrinkles (ablative laser such as a CO2 laser or Erbium YAG), skin tightening, pigmented lesions (for sun spots, hyper-pigmentation, age-related spots), precancerous lesions, vascular lesions, tattoo scars and removal, hair removal, and acne and acne-related scars. Cosmetic lasers are gaining immense popularity amongst ever population who wish to nurture and rejuvenate their appearance. The cosmetic laser technology has tremendously evolved since the start of 1990 and has been through drastic and swift change since then.
Top Manufactures Analysis of Cosmetic Lasers: Cynosure, Inc., Syneron Medical Ltd., Lumenis Ltd., Cutera, Inc., Solta Medical, Inc., El.En SpA, Alma Lasers
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The global cosmetic lasers sales’ estimated market value was US $697.6 million in 2016, and is anticipated to reach approximately US $1,132.7 million by 2021 and therefore probably growing at a CAGR of 10.2% during the forecast period owing to several factors such as senescent baby boomers coupled with superfluous income with the bourgeoisie to spend on cosmetic surgeries. Factors such as predominating obesity, geriatric population, and variety of effective treatments along with safety are boosting this market’s growth further. Technological enhancements which have resulted in more of needle-less procedures are fuelling the cosmetic lasers sales market globally. Increasing awareness pertaining to the safety and effectiveness along with user-friendly usage is predicted to impel the overall cosmetic applications. Rising number of younger population is going for aesthetic procedure which involves cosmetic lasers just to avoid premature aging and this has led to a considerable growth of this market. Not just the female, but even the male population across the world has been adapting to cosmetic procedures and are getting more conscious to boost self-confidence. In fact, over the last five years, the cosmetic industry has witnessed around 43% of the male population opting for various cosmetic procedures. However, rigorous regulations for the cosmetic laser products are proposed to ascertain increased efficiency of the devices and treat the skin without any kind of negative reaction. Also, the cosmetic laser manufacturers have to abide by the Federal Food, Drug, and Cosmetic Act apart from the radiation safety performance standards which have been set by the Federal Regulations.
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The cosmetic lasers sales market depending on the type has been segmented into multiplatform lasers and standalone lasers. Of which, multiplatform lasers have accounted for the most rapidly growing segment owing to the supply of upgradable and scalable hybrid systems which can treat various indications. Some of the key market players of the global cosmetic lasers sales market are Cynosure, Inc., Syneron Medical Ltd., Lumenis Ltd., Cutera, Inc., Solta Medical, Inc., El.En SpA, Alma Lasers, Sciton, Inc., Aerolase, and Sharplight Technologies.
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