Allied Market Research published a report, titled, “Cosmetic Laser Market by Product (Ablative, Non-ablative), Modality (Pulsed Dye Laser (PDL), YAG laser, Carbon Dioxide Laser (CO2), Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, and Others), Application (Hair removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal, Body Contouring, and Others), and End-User (Hospitals, Skin Care Clinics, and Cosmetic Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global cosmetic laser industry garnered $1.81 billion in 2018, and is estimated to generate $5.41 billion by 2026, growing at a CAGR of 14.5% from 2019 to 2026.
Which market holds the maximum market share of the cosmetic laser market?
The North America market held a major share in the cosmetic laser market in 2018 and is expected to continue the trend in the forecasting period. This is attributed to increased incidence of turner syndrome in this region.
What are the market values / growth % of emerging countries?
Emerging countries of Asia-Pacific region are growing at a growth% of 16.2%. India, China, Australia, are expected grow at a CAGR of 19.2%, 22.2%, 12.4% respectively.
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- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
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- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
Cosmetic Laser Market Research has offered exhaustive analysis of Manufacturers, Suppliers, Regions, Type and Application, Forecast to 2027. And also provides essential study on the current status of the market, cover market size with respect to valuation as sales volume and providing a precise prediction of the market scenario over the forecast period.
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YAG Laser Segment to Maintain Revenue Domination in 2026 –
Based on modality, the YAG laser segment had the highest share of the global cosmetic laser market in 2018, contributing nearly a quarter of the total, and is expected to -maintain their income capacity throughout the policy. This is due to the increase in cataract surgery. On the contrary, the erbium segment is expected to grow at the highest CAGR of 18.0% from 2019 to 2026. As the main advantage of erbium laser resurfacing is the minimal burning of the surrounding tissue. and reducing downtime for patients.
North America to contribute largest share during the forecast period –
Based on region, North America has the largest share in 2018, accounting for more than two-fifths of the global cosmetic laser market, and will lead during the forecast period. This is due to the presence of major players such as Hologic, Inc., Bausch Health Companies Inc., Cutera, Inc. While Asia-Pacific will experience the highest growth rate, registering a CAGR of 16.2% from 2019 to 2026. This is due to factors such as increasing disposable income and increasing support services related to the use of cosmetic lasers.
Major Key Market Players in the Industry –
- Hoyoconbio
- Lumensis
- Palomar and Syneron
- Aerolase El.En. Spa Lumenis Ltd
- Aerolase Corporation Sciton, Inc
- Sharp Light Technologies
- Fosun Pharmaceutical
- Alma
- Candela Cutera
- Syneron Medical Inc
- Cynosure
- Deka
- Solta Medical
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Market: By Region Outlook
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
Important Questions Being Answered by This Market Report Are –
Q1. What is the total market value of cosmetic laser market report ?
Q2. What would be forecast period in the market report?
Q3. What is the market value of cosmetic laser market in 2019?
Q4. What are the Key Industry Leaders opinion for the cosmetic laser market?
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Key findings of the study –
- By type, the non-ablative segment achieved the highest market share of 65% in 2018 and is expected to grow at a rapid pace during the forecast period.
- By region, North America is the largest shareholder and achieved the largest share of 42% in 2018.
- By application, the body care segment is expected to grow at a CAGR of 14.4% during the forecast period.
- From the end user perspective, the hospital sector dominated the market in 2018 and is expected to maintain its dominance during the forecast period.
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