Pacific Cosmetic Laser Market Size and Growth:
Pacific Cosmetic Laser market size was approx. USD 170.46 million in 2018. It is likely to grow at a CAGR of 10.9% to reach USD 285.94 million by 2021.
Pacific Cosmetic Laser Market Overview:
It is the fastest growing market capturing a market share of 20% globally. Physiology of aging and wrinkled skin are the primary focus of the Aesthetic laser and energy devices market. These devices use technical based procedures for rectification of these processes. Physicians skilled in both non-invasive and invasive procedures, work on aesthetic science and typically utilize a combination of both to meet the needs of the patients.
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Pacific Cosmetic Laser Market Drivers and Restraints:
Rise in the cases of obesity, shift in the preference of patients from hospital-home care since the former provides fast and effective non-surgical cosmetic procedures are the primary factors driving the growth of this market. Lack of reimbursement and cumbersome administrative framework and are the primary restraints of this market.
Report segmented as
By Type:
• Standalone (CO2, Er: YAG, Diode, Nd: YAG, Alexandrite, Pulsed-Dye)
• Multiplatform
By Application:
• Acne
• Scars
• Tattoo Removal
• Varicose Veins
By Disease Indications:
• Hospitals
• Medical Spa
• Private Clinics
Pacific Cosmetic Laser market Geographical Analysis:
By geography, the Asia Pacific Cosmetic Laser market has been categorized into India, China, Korea, Japan and others. It is the fastest growing market. Augmenting geriatric population and comparatively lesser procedures costs are the primary reasons attributable to the observable trend mentioned above. China is the leading market in the region.
Pacific Cosmetic Laser Market Key Players:
Major companies in the Cosmetic Laser market are Aerolase (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), El.En. SpA (Italy), Lumenis Ltd. (Israel), Sciton, Inc. (U.S.), SharpLight Technologies (Israel), Syneron Medical Inc. (Israel), and Solta Medical (U.S.).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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