Aesthetic Lasers Market Insights, Analysis and Segment Forecasts to 2024: Hexa Reports

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Hexa Reports

Market Research Reports and Insightful Company Profiles

Aesthetic Lasers Market Analysis, Share and Size, Emerging

Trends, Growth, Overview And Segment Forecasts To 2024

The global aesthetic lasers market is expected to reach USD 1.8 billion by 2024, according to a new

report by Grand View Research, Inc. The demand is expected to upsurge due to aging population, high

prevalence of obesity, and wide range of safe and effective treatments. Moreover, growing awareness

about the safety and efficacy of lasers coupled with its ease of use is also expected to propel its cosmetic

applications.

Advancement of technology has made needle-free procedures possible, thus boosting the rate of

adoption of laser treatments. Young population also opts for cosmetic procedures as preventive

measures for and to slow down the aging process.

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Companies operating in this market are making huge investments in research and development of new

products and holding patents. For instance, in 2014, Cutera (provider of energy-based medical Aesthetic

technologies) invested USD 10.5 million for pure research purposes and holds 34 patents along with5

patent applications in the pipeline.

Stringent regulations for the cosmetic laser products are projected to ensure increasing efficiency of the

devices while treating the skin without any adverse effects. The manufacturers of laser devices have to

comply with the Federal Food, Drug, and Cosmetic Act in addition to radiation safety performance

standards defined by the Federal Regulations.

Hexa Reports

Market Research Reports and Insightful Company Profiles

In April 2016, Oculus Innovative Sciences, Inc. received the FDA approval for Microcyn-based Lasercyn

Gel, intended for post-non-ablative laser therapy procedures management

Further Key Findings from the Study Suggests:

Hair removal is the fourth most common...