Global Aesthetic Lasers Market: Increasing Product Launches by Renowned Players to Fuel Growth
The global aesthetic lasers market is expected to gain impetus from a rise in the demand for non-invasive aesthetic treatments across the world. In a published report by Fortune Business Insights, titled, “Aesthetic Lasers Market Size, Share & Industry Analysis, By Application (Hair Removal, Pigmentation & Tattoo Removal, Body Shaping & Tightening, Skin rejuvenation, Acne Reduction, and Others), By End User (Hospitals and Specialty Clinics) and Regional Forecast, 2019-2026,” the global aesthetic lasers marketis projected to reach USD 6.06 Billion by 2026, exhibiting a CAGR of 16.6% during the forecast period. However, the global market was valued at USD 1.78 Billion in 2018.The global aesthetic lasers market will also register growth due to the increasing prevalence of skin diseases and sedentary lifestyle
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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Increasing Number of Laser Treatment Clinics to Propel Spas and Specialty Clinics Segment
In terms of end-user, the global aesthetic lasers market is grouped into hospitals and medical spas and specialty clinics. Out of these, the medical spas and specialty clinics sub-segment is projected to dominate the global aesthetic lasers market during the forecast period. It will occur due to a rise in the number of businesses, such as skin clinics and laser treatment clinics across the world.
Demand for Hair Removal Treatment Options Likely to Boost Global Market
The International Journal of Reproduction, Contraception, Obstetrics, and Gynecology mentions that in October 2018, a rise in the incidence of the polycystic ovarian syndrome (PCOS) in India is from 3.7% to 22.5% and even up to 36% in youngsters.PCOS causes abnormal hair growth, which is increasing the demand for hair removal treatment options. It will,in turn, contribute to a rise in the global aesthetic lasers market sales in the forthcoming years.
Hologic LaunchesTempSure Firm Handpiece and Petite Mask for SculpSure Submental Treatment
Hologic, Inc., a prominent medical device company, headquartered in the U.S., announced the launch of two new products for effective treatment of aesthetic treatments in June 2019. The products were launched under the company’s Cynosure division. The two products are a petite mask and a TempSure Firm handpiece for SculpSure submental treatments. The FDA has approved the SculpSure submental treatment for patients whose body mass index is up to 49. It is the highest BMI clearance in the market for the treatment procedure. The TempSure Firm handpiece provides monopolar radiofrequency energy from unique message heads to decrease the appearance of cellulite and heat the tissue gently. It is a 60mm handpiece that allows the clinicians to treat larger portions of a patient’s body efficiently without any downtime or surgical procedure.
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