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North America Cosmetic Laser market is tremendously growing to reach USD 457.89 million by 2021

(Medical-NewsWire.com, January 17, 2018 ) The North America Cosmetic Laser market size was approximately USD 279.2 million in 2016. It is estimated to grow at a CAGR of 10.4% to reach USD 457.89 million by 2021. It is the largest market worldwide capturing 40% of the global market share.
Cosmetic lasers devices are used in medical field. They are based on the principle of Selective Photo Thermolysis. These techniques are user-friendly and least invasive. Thermo refers to produce heat, photo to the frequency of light and lysis means to destroy.
Cosmetic lasers surgery is on the verge of changing the dimension of the beauty. This has resulted in attracting the attention of a lot of women which is the primary factor driving the growth of this market. Further, they are pain less and least invasive which are secondary factors.
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High risk factor is the primary restraining factor of this market. It can lead to deformations in the body. Further the paucity of skilled surgeons in this field is the secondary factor hampering the growth of this market.
The North America Cosmetic Laser market can be categorized into three categories: by type, by application, by end user. On the basis of type, Cosmetic Laser market is classified into Standalone Lasers (Carbon Dioxide (Co2) Laser, Er:YAG (Erbium YAG) Laser, Diode Lasers, Pulsed Dye Lasers, Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser, Alexandrite Lasers, Other Standalone Lasers) and Multiplatform Lasers. Standalone lasers are advantageous in many ways for example, ease of use and simplicity of functioning which has significantly increased their adoption and commands the highest market share of the cosmetic lasers market in 2016. If we go by application, Cosmetic Laser market is segmented into Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne, and Scars, Pigmented Lesion & Tattoo Removal, Leg and Varicose Veins, and Other Applications. The hair removal category is estimated to command the largest share of the market in 2016. Last but not the least, on the basis of end user the market is segmented into Private Clinics, Hospitals and Medical Spas. The private clinics segment is estimated to develope at the highest CAGR, because of the rising disposable income and increasing number of clinics in emerging economies such as China and India, acceptance and widespread usage of new technologies, growing preference for non-invasive procedures, and reduced cost for laser based treatments.
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By geography, the North America Cosmetic Laser market has been categorized into US and Canada. It is the largest market in the world. Aging and other related problems like wrinkles, contour hair loss, facial contour body, acne etc. are attracting more people to this market. In addition, increased number of cosmetic surgery procedures among the older group is also expected to result in higher demand for cosmetic laser market globally over the aforementioned forecast period. US is the leading market in the region.
Major companies in the Cosmetic Laser market are Aerolase (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), El.En. SpA (Italy), Lumenis Ltd. (Israel), Sciton, Inc. (U.S.), SharpLight Technologies (Israel), Syneron Medical Inc. (Israel), and Solta Medical (U.S.).
Market Segmentation:
• Type
• Application
• End User

Key Players:
• Cynosure, Inc
• Syneron Medical Ltd
• Lumenis Ltd.

The global Cosmetic Laser market can be categorized into three categories: by type, by application, by end user. On the basis of type, Cosmetic Laser market is classified into Standalone Lasers (Carbon Dioxide (Co2) Laser, Er:YAG (Erbium YAG) Laser, Diode Lasers, Pulsed Dye Lasers, Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser, Alexandrite Lasers, Other Standalone Lasers) and Multiplatform Lasers. Standalone lasers are advantageous in many ways for example, ease of use and simplicity of functioning which has significantly increased their adoption and commands the highest market share of the cosmetic lasers market in 2016. If we go by application, Cosmetic Laser market is segmented into Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne, and Scars, Pigmented Lesion & Tattoo Removal, Leg and Varicose Veins, and Other Applications. The hair removal category is estimated to command the largest share of the market in 2016. Last but not the least, on the basis of end user the market is segmented into Private Clinics, Hospitals and Medical Spas. The private clinics segment is estimated to develope at the highest CAGR, because of the rising disposable income and increasing number of clinics in emerging economies such as China and India, acceptance and widespread usage of new technologies, growing preference for non-invasive procedures, and reduced cost for laser based treatments.

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By geography, the global Cosmetic Laser market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, North America accounts for the largest market share closely followed by Europe while Asia Pacific has the highest CAGR.

Major companies in the Cosmetic Laser market are Aerolase (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), El.En. SpA (Italy), Lumenis Ltd. (Israel), Sciton, Inc. (U.S.), SharpLight Technologies (Israel), Syneron Medical Inc. (Israel), and Solta Medical (U.S.).

About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com

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