How Will The Cosmetic Lasers Market Grow In 2022?
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The cosmetic lasers market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 14%, as per The Business Research Company’s market report!
Read More On The Cosmetic Lasers Market Report 2022 – https://www.thebusinessresearchcompany.com/report/cosmetic-lasers-global-market-report
The Cosmetic Lasers Market Size In 2022 And Forecast
The global cosmetic lasers market is expected to grow from $1.64 billion in 2020 to $1.93 billion in 2021 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The cosmetic lasers market is expected to reach $3.28 billion in 2025 at a CAGR of 14.2%.
The cosmetic lasers market consists of sales of cosmetic lasers by entities (organizations, sole traders, and partnerships) that manufacture cosmetic lasers used during cosmetic surgeries.
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Rise In Medical Tourism Is Driving The Growth Of The Cosmetic Lasers Market
For instance, according to Japan Foreign Ministry, the medical visas issued to international patients increased from 70 in 2011, to almost 1700 in 2018. Medical visitors come to the country for its top-line cancer treatment centers and expertise in cosmetic surgery. Therefore, the upraising medical tourism industry is predicted to augment the demand for cosmetic lasers.
Competitive Landscape And The Regional Analysis Of The Cosmetic Lasers Market
Major players in the cosmetic lasers market are Cutera Inc., Cynosure Inc., Lumenis, Aerolase Corporation, ALMA LASERS LTD, Sciton Inc., Syneron Candela, Solta Medical International Inc., ElEn SpA, Lynton Lasers Ltd, Medicure Group Of Companies, Thermage, ALLTEC GmbH (FOBA), Mentor, Fotona, Allergan Inc., and Galderma Laboratories LP.
The Cosmetic Lasers Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cosmetic lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cosmetic lasers market.
Developing Innovative And Technologically Advanced Products – A Key Trend In The Cosmetic Lasers Market
Companies are increasingly focusing on developing innovative and technologically advanced products to meet the requirement of end-users, expand the company product portfolio, and maximize company sales.
Cosmetic Lasers Market Segmentation By The Business Research Company
1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Others
3) By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal, Body Contouring, Others
4) By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre
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