Global Laser Aesthetics Market 2017-2021

Global laser aesthetics market forecast

According to Technavio’s market research report, the global laser aesthetics market will grow at a CAGR of close to 8% during the forecast period. Laser-based aesthetic procedures are gaining popularity because they involve less pain, smaller incisions, reduced hospital stay, and faster recovery. This will boost the demand for laser-based aesthetic procedures among people suffering from obesity and drive the laser aesthetics industry growth during the predicted period. The market is witnessing a high influx of patients because laser-based aesthetic procedures are less expensive in comparison to conventional surgeries. Furthermore, non-invasive laser-based aesthetic procedures are also gaining popularity in various fields such as dermatology, ophthalmology, cardiovascular, cosmetic surgery, dentistry, and oncology.

One of the key laser aesthetics market trends that will gain traction in the market is the growth in medical tourism initiatives. Medical tourism includes various treatment areas such as cosmetic surgery, dentistry, cardiovascular, orthopedics, reproductive, cancer, and weight loss. Factors such as cost, quality, and downtime of the procedure encourage people to seek treatments such as laser aesthetics procedures. 

Competitive landscape and key vendors