Global Market Study on Alexandrite Laser Treatment: Rising Preference for Non-invasive Aesthetic Treatments to Catalyze Market Expansion


Alexandrite Laser Treatment  Market
  • Published On : Oct-2020 |
  • Pages : 209 Pages |
  • Format : Alexandrite Laser Treatment  Market Alexandrite Laser Treatment  Market Alexandrite Laser Treatment  Market Alexandrite Laser Treatment  Market

Growing awareness among people about non-invasive therapies, ease of operations by using non-invasive devices, lesser side-effects as compared to invasive surgeries, less post-operative pain, reduced hospital stay, and faster recovery are a few factors contributing to increasing demand for non-invasive procedures, including alexandrite laser treatment. As a result, more and more patients are switching to non-invasive treatments such as alexandrite laser treatment over invasive surgeries. This has resulted in an increase in number of non-invasive dermatological procedures, particularly in aesthetic procedures, over the years, which is aiding the expansion of the alexandrite laser treatment size across the world.

Alexandrite Laser Treatment Market Trends  

Rising Demand for Aesthetic Procedures Driving Market Growth: Nowadays, people of all age groups are increasingly anxious about improving their appearance. Therefore, the alexandrite laser treatment market is rapidly growing owing to increasing need of improving aesthetics. Population above the 35 years age is prone to wrinkles, fine lines, and flaccid skin as a result of rising pollution and sedentary lifestyle, thereby expediting product demand. Treatments such as permanent hair removal and complete skin rejuvenation are especially gaining popularity. Complete skin rejuvenation treatment helps improve uneven skin tones, reduce visible rosacea, and sun damage while reducing fine lines. High influence of mainstream and social media on beauty standards is anticipated to drive the growth of the alexandrite laser treatment market over the coming years.

Favorable Regulatory Policies Leading to Launch of New Products: Product launches in the alexandrite laser treatment market are precisely governed by positive regulations, whose approval is required for the launch of products in the market. Over the last few years, leading players in the dermatology lasers market have established regulatory approval across the globe, which has facilitated them to launch various products in the market. The launch of new products in the alexandrite laser treatment market space brings in new technology, which provides improved results to patients and eases treatment procedures.

  • In 2020, Bioson Medical launched the Accento N dual wavelength laser for hair removal and pigmented lesions.
  • In 2018, Lumenis launched, SPLENDOR X— a solid state laser system equipped with the unique BLEND X technology for fast and effective hair removal and skin solutions.

High Cost of Alexandrite Laser Treatment May Hamper Market Growth: Laser treatments including surgeries and non-invasive procedures such as alexandrite laser treatment are associated with high costs, which makes them inaccessible to people in the low-middle income groups. Also, alexandrite laser treatment require a series of sessions to achieve the desired result, resulting in high overall cost of the treatment, which is expected to hamper market growth during the forecast period. For instance, according to the American Society of Plastic Surgeons, the average cost of laser hair removal is around US$ 287. Similarly, average cost of laser skin tightening treatment is around US$ 2,134. Furthermore, duration of treatment, number of sessions, and cost of treatment depends on the area being treated. These factors can play a part in impeding the growth of the alexandrite laser treatment market in the future.

COVID-19 Impact on Alexandrite Laser Treatment Market

The global outbreak of COVID-19 led to lockdowns in the first half of 2020. There has been a significant impact on the alexandrite laser treatment, as a result of delaying procedures and reducing the volume of procedures during the pandemic. All non-essential or elective medical and surgical services have been rescheduled or offered telemedicine services, irrespective of their exposure or symptom status. Along with that, companies in the alexandrite laser treatment are also expected to witness less demand for products during the pandemic due to high focus of people toward the prevention and transmission of viral diseases.

Analysts’ Viewpoint

An extensive analysis of the alexandrite laser treatment market has brought our analysts to a conclusion that, the market is growing at a significant pace. Currently, hair removal is the target segment for major healthcare facilities, and hence, this segment is anticipated to gain more traction in the alexandrite laser treatment market space by indication in term of growth. Europe and North America collectively hold more than 45% of revenue share in the global alexandrite laser treatment market, due to the presence of key manufacturers in these regions. Emerging countries such as Brazil, China, and India are expected to offer lucrative opportunities alexandrite laser treatment market players. Along with that, the MEA region will also witness augmented growth in the alexandrite laser treatment market, owing to rising demand for aesthetic procedures in the region.

Alexandrite Laser Treatment Market - Scope of Report

A latest publication by Persistence Market Research (PMR) on the global alexandrite laser treatment market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the global alexandrite laser treatment market. The study offers detailed insights on key market dynamics, which includes the drivers, restraints, trends, and opportunities in the alexandrite laser treatment market. The principal aim of the market study is to present exclusive information about how the market will perform during the forecast period of 2020-2030. 

Important indicators for the successful growth of the alexandrite laser treatment market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR). This research study can support readers to know the demand for alexandrite laser treatment and quantitative development opportunities during the study period.

The research is beneficial for shareholders in the alexandrite laser treatment industry, including market investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the alexandrite laser treatment market. Insights and wisdom presented in this PMR study can be leveraged by shareholders in the alexandrite laser treatment market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.  

Market statistics as well as information linked to the macro- as well as micro-economic variables affecting the business scenario in the alexandrite laser treatment market are also included in the current study. Depending on potential developments in the alexandrite laser treatment market, substantive insights are also encountered in this report. Additionally, by virtue of the data submitted in this alexandrite laser treatment market report, minor companies and new entrants can be aided in making suitable company choices to achieve traction in the alexandrite laser treatment market.  

Key Segments of Alexandrite Laser Treatment Market

PMR’s study on the alexandrite laser treatment market offers information divided into four important segments— indication, application, end user, and region. This report offers comprehensive data and information about the important market dynamics, and growth parameters associated with these categories.

Indication  

  • Hair Removal
  • Tattoo Removal
  • Vascular Lesions
  • Pigmented Lesions
  • Others

Application

  • Aesthetic
  • Dermatology
  • Dentistry
  • Urology
  • Others

End User

  • Hospitals
  • Laser Treatment Centers
  • Specialty Clinics
  • Ambulatory Surgical Centers

Region

  • North America
  • Latin America
  • Europe.
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Questions Answered in PMR’s Alexandrite Laser Treatment Market Report

  • Which regions will continue to remain the most profitable regional markets for alexandrite laser treatment market players?
  • Which factors will induce a change in the demand for alexandrite laser treatment in the assessment period?
  • How will changing trends impact the alexandrite laser treatment market?
  • How can market players capture the low-hanging opportunities in the alexandrite laser treatment market in developed regions?
  • What are the winning strategies of stakeholders in the alexandrite laser treatment market to upscale their position in this landscape?
  • What are the restraints that investors need to be aware of and might tackle while investing in the alexandrite laser treatment market?
  • What are the developmental trends in alexandrite laser treatment sectors that will impact the market?
  • How can businesses in the alexandrite laser treatment market avail growth the opportunities in developed and emerging sectors?

Alexandrite Laser Treatment Market: Research Methodology

In PMR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the alexandrite laser treatment market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the alexandrite laser treatment market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the alexandrite laser treatment market, and makes PMR’s projections on the growth prospects of the alexandrite laser treatment market more accurate and reliable.

Companies covered in Alexandrite Laser Treatment Market Report

  • Alma Lasers
  • Candela Medical
  • Cynosure, Inc.
  • Quanta Systems
  • El.En. (Asclepion Technologies)
  • Lutronic Corporation
  • Bison Medical
  • Lumenis
  • Lynton Laser
  • EL.EN. S.p.A. (Deka Mela S.r.l.)

Alexandrite Laser Treatment Market

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