The laser market has stepped up the game of aesthetics industry and has provided treatments to consumers sans scars and pain.
Everyone wants to have a problem free life. Health and well-being mean a lot since it is just because of good health that a person is able to accomplish important tasks in life. Laser treatments have made an easy way for consumers to tackle any beauty and health woes. The aesthetics market is already booming with so many latest additions of technology in it and laser treatment is one of them. These treatments make good use of technology and knowledge to ease out the problems faced by the consumers without leaving behind any scars or inflicting any pain.
The laser technology market is a growing one. Laser technologies have provided a big area to the companies to venture into. Everyone deserves to look beautiful and healthy. Consumers want to be free of their problems and laser treatments in various categories cater to the needs of the consumers. The market is expected to be valued at USD 15.38 Billion by 2022. The grow will happen at a CAGR of 5.2% between 2017 and 2022.
Various factors have contributed to the growth of the laser treatment industry. The growing number of options which are available to the consumers in terms of brands to choose from is increasing which is also expanding the market of laser treatments. The growing demand from the healthcare industry and shift toward the production of nano and micro devices has given a push to the laser treatment market. Some other factors like the improvement in the quality of services and enhanced performance over use of traditional practices has led the market to explore a wider area and achieve success. The increasing awareness about laser treatments and the need to have the best physical appearance have also added to the rising demand for laser treatments.
The varieties in the medical aesthetics market have helped boost the industry. Invasive and non-invasive techniques have given consumers to choose the type of treatments that suit their need. The various healthcare segments like aesthetics, surgical, ophthalmic, and dental and many others use laser treatments as the treatments do not leave any scars behind and with the latest inventions; they have become painless and effortless to do. Laser treatments are being used in every other area and for curing every possible beauty and medical issues.
The competition is high in every industry. The markets are full of competitors fighting for the top position. Various brands that were already in the laser treatment business have made a good name and new brands have also joined in the industry. Some of the popular names in the laser treatment market are Cutera, Cynosure, Topcon, Bausch and Lomb, Alma Lasers, CoolTouch, Ellipse, Fotana and many others. These brands deal in various categories which involve laser treatments like skin, eyes, ears, hair and dental.
The future of laser treatments in India seems good as consumers have started turning towards laser treatments. Various medical and cosmetic needs of the consumers have been tackled through laser treatments. Not only skin but eyes, ears, dental and hair problems have solutions in the laser treatments market. All these categories are also doing well as consumers are not only adapting to them for cosmetic needs but also medical as the technology is being utilised for curing consumers. The brands in various categories have a huge area to explore and with the innovation of new methods and equipment, the process of laser treatments is becoming easier and painless. This has contributed to the increasing interest of consumers in the treatments and has invested in more revenue to the industry.
According to Dr Goran, Medstar Healthcare, Dubai, obsession with a youthful appearance has become commonplace in modern society and has resulted in an upswing in cosmetic procedures trying to reverse the ageing process. The change in the patient demographic is greatly attributed to media attention as well.
The laser treatments market is wide and is expanded into many categories. Technology has provided the industry with various latest inventions and the convenience that comes with it. Aesthetics is a large market and opportunities in it are innumerable. With the entry of new brands into the laser treatment s market, the industry is growing and this is giving way to success and more possibilities of new trends. The laser treatment industry has grown in many ways and is expected to go on further as it is venturing into many other areas and providing consumers with what they desire.