NEW YORK, Nov. 29, 2021 /PRNewswire/ — Technavio’s latest offering, the Cosmetic Lasers Market report provides a detailed analysis of the competitive scenario and the market growth across various regions. The cosmetic lasers market size is expected to increase by USD 1.42 billion, at a CAGR of 10.22% from 2020 to 2025 as per the latest report by Technavio.
For more insights on the Cosmetic Lasers Market –Download a free sample now!
31% of the market’s growth will originate from ROW. Brazil is the key market for cosmetic lasers in the region. The growing prevalence of obesity will facilitate the cosmetic lasers’ market growth in ROW. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
Market Dynamics
The market is driven by factors such as the increase in demand for cosmetic laser procedures and the rise in the number of working professionals. However, the adverse effects of cosmetic lasers are hindering the market growth. The cosmetic lasers market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.
Company Profiles
The cosmetic lasers market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The cosmetic lasers market report provides complete insights on key vendors including AbbVie Inc., Alma Lasers GmbH, Bausch Health Companies Inc., Candela Corp., Cutera Inc., Cynosure Inc., El.En. Spa, Fotona d.o.o., Hologic Inc., and Lumenis Ltd.
Few Companies with Key Offerings
- AbbVie Inc., – The company offers cosmetic lasers that are used for improving the appearance and profile of moderate to severe fat below the chin, under the brand name of Kybella.
- Alma Lasers GmbH – The company offers cosmetic lasers that are used for a wide range of aesthetic needs which include hair removal, skin remodeling, scars treatment, body contouring, skin contouring, and many more, under the brand name of Alma.
- Bausch Health Companies Inc. – The company offers cosmetic lasers that utilize two wavelengths to provide a customizable and comprehensive treatment protocol for patients of all ages and skin types as well as it includes a user-friendly touchscreen, a simple training mode to simulate treatment without emitting laser energy, and a smart charting assistant that automatically tracks treatment progress with the ability to export patient treatment charts, under the brand name of Bausch Health.
Competitive Analysis
The competitive scenario provided in the cosmetic lasers market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
- By Product, the market is classified into Non-ablative and Ablative. The cosmetic lasers’ market share growth by the non-ablative segment has been significant. The report provides an accurate prediction of the contribution of all the segments to the growth of the cosmetic lasers market size.
- By Geography, the market is classified as North America, Europe, Asia, and ROW. ROW will have the largest share of the market.