Aesthetic Lasers And Energy Devices Market Size, Growth Factors, and Forecast for the Market 2023 to 2031 Supply Chain Analysis

U.S (New York) – Report Ocean has recently published a comprehensive research report titled Aesthetic Lasers And Energy Devices Market ” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.

The global aesthetic lasers and energy devices market was valued at $3962.4 million in 2018 and is expected to reach $9534.6 million by 2026, registering a CAGR of 10.5% from 2019 to 2026. Aesthetic lasers and energy devices are widely being used for several cosmetic and medical applications including skin treatments and body defects. These devices offer minimally invasive treatments. They help in reduction of wrinkles & ageing skin and are used by people across the globe, who wish to rejuvenate their looks. There are many technical procedures employed for the rectification of the aesthetic treatment process. The aesthetic devices available are fully automated, for instance, Sciton uses optical coherence tomography to pre-look at the skin from inside out.

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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.

The major factors that drive the market growth include approvals of these devices by FDA for medical treatments and technological advancements in these devices. In addition, increase in demand for minimal invasive procedures or non-invasive procedures, lower cost of these procedures compared to surgeries, and fast pace of procedures contribute to the market growth. However, social stigmas and lack of appropriate reimbursement policies restrain the market growth. Furthermore, increase in disposable incomes 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.

The aesthetic lasers and energy devices market is segmented on the basis product, technology, application, and end user. By product, it is divided into laser resurfacing devices, body contouring devices, and aesthetic ophthalmology devices. By technology, it is segmented into laser-based technology, light-based technology, and energy-based technology. By application, it is classified into hair removal, scar removal and skin resurfacing, skin rejuvenation, skin tightening, and others. On the basis of end user, it is bifurcated into multi-specialty centers, standalone centers, and cosmetic surgery centers & clinics. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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KEY BENEFITS FOR STAKEHOLDERS

– The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
– It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
– Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
– Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Allergan plc, Bausch Health Companies Inc, Candela Medical, Hologic, Inc., Energist Medical Group, Fotona, Inc., Lumenis, Ltd., Lutronic, Inc., Sisram Medical Ltd., and Sciton, Inc.

– Allergan plc
– Bausch Health Companies Inc.
– Candela Medical
– Hologic, Inc.
– Energist Medical Group
– Fotona, Inc.
– Lumenis, Ltd.
– Lutronic, Inc
– Sisram Medical Ltd.
– Sciton, Inc.

KEY MARKET SEGMENTS
By Technology
– Laser-Based Technology
o Light-Based Technology
o Dynamic Pulse Control (DPC) technology
– Intense Pulsed Light (IPL) technology
o Energy-Based Technology
o UV technology
o Infrared technology
o Radiofrequency technology
o Low temperature-based technology
o Suction-based technology

By Product Type
– Laser resurfacing devices
– Body contouring devices
– Aesthetic Ophthalmology Devices

By Application
– Hair removal
– Scar removal/skin resurfacing
– Skin rejuvenation
– Skin tightening
– Others

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By End-users
– Multi-specialty Centers
– Stand-alone Centers
– Cosmetic Surgery Centers/Clinics

By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o UK
o Germany
o France
o Spain
o Russia
o Rest of Europe
– Asia-Pacific
o China
o Japan
o Australia
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Middle East
o Africa
o Rest of LAMEA

Why Choose Report Ocean Reports?

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Key Highlights:

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Five Forces Analysis: To enhance market understanding, we conduct a comprehensive five forces analysis that includes evaluating the bargaining power of buyers and suppliers, the threat of new entrants, the threat of substitutes, and the level of rivalry within the market.

Competition: We study leading players in the industry based on their company profile, product portfolio, capacity, product/service pricing, sales performance, and cost/profit analysis.

Demand & Supply and Effectiveness: Our reports provide insights into distribution channels, production, consumption, and, if applicable, import and export activities.

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We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

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