According to the latest market research report released by Technavio, the global laser aesthetics market is expected to accelerate at a CAGR of close to 8% during the forecast period. The rise in the number of working professionals is one of the key factors triggering the growth of the market.
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Technavio market research analysts forecast the global laser aesthetics market to grow at a CAGR of almost 8% during 2017-2021. (Graphic: Business Wire)
This research report titled 'Global Laser Aesthetics Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global laser aesthetics market into the following products:
- Body contouring devices
- Laser resurfacing devices
In 2016, body contouring devices accounted for more than 41% share of the market. This was due to the growing demand from people to enhance their appearance and look healthy.
Global laser aesthetics market: Top emerging trend
The growth in medical tourism initiatives is an emerging trend in the laser aesthetics space. Medical tourism initiatives taken by governments have played a major role in the growth of the healthcare industry. Vital treatment areas of focus for medical tourism include cosmetic surgery, dentistry, cardiovascular, orthopedics, reproductive, cancer, and weight loss. These initiatives have allowed people to seek treatment in various countries due to factors such as cost, quality, and downtime of the procedure. Some countries that are popular for medical tourism initiatives include Costa Rica, Mexico, Singapore, India, Taiwan, Israel, Malaysia, South Korea, Thailand, and Turkey. These countries have witnessed many medical tourists over the years seeking treatments related to different areas such as cosmetic surgeries.
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Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio's report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Laser Aesthetics Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (body contouring devices and laser resurfacing devices)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Cutera, Cynosure, Lumenis, and Syneron Medical)
About Technavio
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180905005990/en/
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