![]() Most governments include it as a Medical Device and make policies accordingly. Government Policies and Regulations are Propelling the Aesthetic Laser Device Market GrowthĪctive participation by governments and relevant authorities in terms of regulating the aesthetic laser devices and certifying skilled/trained personnel for the procedures have been very favorable factors in the growth of the Aesthetic Laser device market. The advent of the COVID-19 pandemic hampered the Aesthetic Laser device market's growth as there were restrictions in terms of social distancing and lockdowns which resulted in the temporary shutdown of such procedures.Īlso, as the focus shifted to the critical treatment area of Covid patients and other related ailments, this market suffered as people were not simply interested in such procedures.Īs per the 2020 Plastic Surgery Statistics Report published by the American Society of Plastic Surgeons, the number of minimally invasive laser tattoo removal procedures in 2020 stood at 199,945 as compared to 215,898 procedures in 2019, a Y-o-Y decline of 7%. The Initial Phase of the Ongoing COVID-19 Affected the Demand for Thermal Imaging Aesthetic Laser Devices in a Negative Way However, Market Has Bounced Back After That North America Aesthetic Laser Device Marketģ. Under this partnership, the DEKA branded SmartXide CO2 laser system and its accessories were to be distributed in the Canadian market by Clarion. In December 2021, Clarion Medical Technologies Inc., a major Canadian company, formed a partnership with El.En. In January 2021, Candela launched the Frax Pro™ system, an ablative fractional device, which was cleared by the FDA and the first of its kind to offer dual depth skin resurfacing. are highly focused on providing products with newer technologies to stay ahead in the market. Global Players' Continuous Investments in New Technologies & Products and Geographic Expansion Through Partnerships are Driving Revenue Growth in This Marketĭetailed comparative analysis of key competitors available within the Research Study shows that numerous companies such as Candela Corporation and El.En. are expected to maintain their leading positions in the forecasted period.Ģ. The majority of the top global Aesthetic Laser device companies, including Cynosure, Inc., Aerolase Corp., Lumenis Be Ltd., Sciton, Solta Medical, SharpLight Technologies Ltd., Cutera, Alma Lasers, Candela Corporation, El.En. Global Players Constitute ~25% of Total Number of Competitors, While Regional Companies Hold ~35% Share in Terms of the Total Number of Players in the MarketĪ comprehensive competitive analysis conducted during the Research Study found that the Global Aesthetic Laser Device market is highly competitive with ~100 players, including globally diversified players, regional players, and country-niche players, which hold ~40% share in terms of the number of companies present in the market, with their offerings in some specific product categories. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.ġ.
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