According to a recent Research and Markets report, the global aesthetic laser market is expected to reach USD 1,867 million by 2026. It is predicted that the market will grow at a CAGR of about 12.9% during the forecast period 2019-2026. The report highlights that the market is primarily driven by the adoption of non-surgical aesthetic procedures (Hair Removal, Skin Tightening, and others). Aesthetic laser devices can efficiently remove facial hair, scar treatment, spider veins and skin coloration. Laser liposuction in NYC is an advanced plastic surgery technique that has transformed the way body contouring is performed. Expert plastic surgeons perform this laser liposuction procedure using FDA approved Smartlipo Triplex. This laser workstation uses patented multi-wavelength (1440, 1064 and 1320 nm) technology to effectively address stubborn areas of fat, tighten skin, and provide attractive results.
The report segments the market based on type, application, end user. Aesthetic laser types are divided in to Standalone Lasers and Multiplatform Lasers. The application segment is further sub-segmented into hair removal, skin rejuvenation, vascular lesions, pigmented lesion & Tattoo removal and others. Hair removal leads the application segment in terms of revenue in the market with around 28% market.
End-users of this market are – private clinics, hospitals, medical spas and others. The private clinics market is expected to grow at the highest CAGR during the forecast period due increasing disposable income and adoption of new technologies in countries such as China, Japan etc.
Companies mentioned in the report include Aerolase, Alma Lasers, Cutera Inc., El.En. SpA , Hologic (Cynosure), Sciton, Inc., Sharplight Technologies, Solta Medical, Syneron Candela and XIO (Lumenis). Product launches, joint ventures, mergers, and acquisitions are some of the crucial strategies adopted by the key market players to gain competitive advantage.
The report also cites statistics from the International Society of Aesthetic Plastic Surgery (ISAPS) that indicate the shift of patients towards non-surgical procedures, which in turn, is driving the global aesthetic laser market.
Geographically, the global aesthetic laser market is segmented into North America (United States, Canada), Europe (United Kingdom, Germany, France, Russia, Rest of Europe), Asia Pacific (China, India, Japan, Australia), Rest of Asia Pacific, and Rest of World (ROW) (Latin America, Middle East & Africa).
The Asia Pacific region is expected to be the fastest growing market region with the highest CAGR in the forecast period. This is due to the increasing geriatric population in countries such as India, Japan, China etc. which has led to the increased demand for aesthetic lasers. Some of the driving forces expanding the market in the APAC countries are changing lifestyles, skin problems, aging problems and rise in medical tourism.
North America has the largest market share in terms of revenue at around 32%. The market in North American region is primarily driven by high disposable income per capita in the region, coupled with high demand for non-invasive cosmetic surgeries. Another key factor driving the market growth in this region is the increasing awareness about cosmetic surgery and beauty consciousness, mainly among women age 25-50.
There are many facilities in NYC providing body contouring procedures. For safe and effective treatment, patients need to do their research well and choose an AAAASF accredited NYC liposuction center that provides services of skilled liposuction surgeons.