According to a new report published by Allied Market Research, titled, “Aesthetic Lasers And Energy Devices Market by Product, Technology, Application and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028,” the global aesthetic lasers and energy devices market was valued at $ 2.25 billion in 2014 and is expected to reach $ 10.30 billion by 2028, registering a CAGR of 10.2% from 2021 to 2028.
Aesthetic lasers and energy devices are increasingly being used for performing various cosmetic procedures. Aesthetic devices improve the physiology of wrinkled & aging skin. These procedures are gaining traction among individuals seeking to rejuvenate their skin. There are many technical based procedures employed for the rectification of the aesthetic treatment process. Moreover, these devices aid quick recovery post procedure and also minimize post-surgical complications.
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Technological advancements in these devices such as their ability to resurface, rejuvenate, and treat vascular lesions of all types boosts the growth of the aesthetic lasers and energy devices market. In addition, surge in demand for minimal invasive procedures, lower cost of these procedures in comparison to surgeries, and past procedures, further contribute toward the market growth. However, high cost of these devices and lack of appropriate reimbursement policies restrain the market growth. Moreover, significant increase in disposable incomes, rise in baby boomer population, and the budding trend of body altering in developing countries, such as India and China, are anticipated to create lucrative opportunities for the market in the future. In addition, manufacturers are continuously focused toward the improvement of their products to help users gain improved results in a shorter time period with minimal or no incisions.
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COVID-19 Impact Analysis:
Due to COVID-19 pandemic, the aesthetic lasers and energy devices market is negatively impacted, as health care resources have been prioritized to cater for patients affected by COVID-19, routine health care services have remained suspended. In an effort to slow the spread of SARS-CoV-2 virus, the all countries adopted lockdown which came into effect on the March 23, 2020. Since then, clinics offering laser, light based and intense pulsed light services have remained closed for treatments. As the rate of COVID-19 infection slows, the all government has issued guidance for lifting of the lockdown in a cautious and phased manner. With this view many countries are allowing safe reopening of laser, light and energy based services. For instance, the British Medical Laser Services has issued guidance document, based on best available and current scientific evidence.
Key Benefits:
- Quantitative analysis of the current trends and future estimations from 2014 to 2028, which assist to identify the prevailing aesthetic lasers and energy devices market opportunities.
- In-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current
- A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
- Region-wise and country-wise market conditions are comprehensively analyzed in this report.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
- Key market players within the aesthetic lasers and energy devices market are profiled in this report and their strategies are analyzed thoroughly
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Questions Answered in the Report
Q1. What is the total market value of Aesthetic Lasers and Energy Devices market report?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Aesthetic Lasers and Energy Devices market in 2028?
Q4. Which is base year calculated in the Aesthetic Lasers and Energy Devices market report?
Q5. Which are the top companies hold the market share in Aesthetic Lasers and Energy Devices market?
Q6. Which is the most influencing segment growing in the Aesthetic Lasers and Energy Devices market report?
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