The latest trending report published by Crystal Market Research titled, Aesthetic Lasers And Energy Devices System (ITS) Market, approximates that the Aesthetic Lasers And Energy Devices System market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
Market Scenario:
Medical aesthetics is a comprehensive term used for enhancing cosmetic appearance through use of various surgical and non-surgical procedures. Medical aesthetics devices are used to treat impairments associated with individual aesthetic appearance such as scars, skin discoloration, wrinkles, hair loss, and excessive fat. According to a study conducted by International Society of Aesthetic Plastic Surgery (ISPAS), in 2015, around 31,337,924 aesthetic/cosmetic procedures were performed worldwide. Aesthetic lasers technologies have changed the traditional methods available to dermatologist for getting rid of unwanted hairs, minimizing body scars, pores and acnes. Although lasers are single wavelength of light, they are capable of inducing strong improvements and changes in skin with relatively low time and complications. Some aesthetic lasers are classified as non-ablative lasers which have ability to particularly target a specific skin area that allow users to treat problems such as sunspots without affecting the surrounding undamaged skin. Whereas other types of lasers are classified as ablative lasers that vaporize skin to induce production of new collagen to reduce skin aging and to improve skin texture. Aesthetic lasers are also used in treating vascular conditions such as varicose veins, birthmarks, facial redness, and port wine stains by using non intense heat energy sources.
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Key Players:
· Mentor Corporation
· Solta MedicalInc.
· Lumenis Ltd.
· Cynosure Inc.
· Syneron Medical Ltd.
· Valeant Pharmaceuticals Inc.
· Lutronic Inc.
· Energist Aesthetic Solutions
· Allergan Inc
Rise in incidence of obesity, growing demand for minimal invasive surgeries, and increasing geriatric population are expected to drive the global market for aesthetic lasers and energy devices. In addition, increasing awareness about aesthetic procedures, and growing demand for these procedures among male population will propel the market growth. Furthermore, technological advancements such as blade-free way to create flap (IntraLase FS laser) and creation of 3D map (Wavefront LASIK) and increasing adoption rate of aesthetic lasers among dermatologist will fuel the growth of the market. However, unfavorable reimbursement policies will hamper the growth of the market.
Aesthetic Lasers and Energy Devices Market Segmentation:
By Technology
- Laser Based Technology
- Light Based Technology
o Dynamic Pulse Control (DPC) Technology
o Intense Pulsed Light (IPL) Technology
- 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
o Fractional Ablative Skin Resurfacing Devices
§ Invasive Devices
§ Non-invasive Devices
- Conventional Laser Resurfacing Devices
o Invasive Devices
o Non-invasive Devices
- Body Contouring Devices
o Liposuction Devices
§ Ultrasound Aided Liposuction Devices
§ Laser Aided Liposuction Devices
§ Radiofrequency Aided Liposuction Devices
§ Water Jet Aided Liposuction Devices
§ Micro-Cannula Aided Liposuction Devices
- Fat Reduction devices
o Cryolipolysis Devices
o Energy Assisted Fat Reduction Devices
- Cellulite Reduction Devices
o Lipomassage Devices
o Mesotherapy Devices
o Energy Assisted Cellulite Reduction Devices
- Non-Surgical Skin Tightening Devices
o Laser Based Devices
o Ultrasound Based Devices
o Light Based Devices
o RF (Radio Frequency) Based Devices
- Aesthetic Ophthalmology Devices
By Application
- Hair Removal
- Scar Removal/Skin Resurfacing
- Skin Rejuvenation
- Skin Tightening
By End User
- Multi-specialty Centers
- Stand-alone Centers
- Cosmetic Surgery Centers/Clinics
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