Aesthetic Lasers and Energy Devices Market Growth In The South Korea Health Industry

Aesthetic Lasers and Energy Devices Market Overview:

Aesthetic lasers and energy devices are used for the treatment of sun damage skin, wrinkles, and unwanted lesions. These devices improve the physiology of wrinkled & ageing skin and are used by numerous individuals, who wish to cultivate or rejuvenate their looks. There are many technical procedures employed for the rectification of aesthetic treatment process. The main aim of these devices is to remove the stubborn fat or reduce the excess sagging skin to achieve skin tightening. The various devices present in the market include non-invasive devices, minimally invasive devices, and invasive devices. Currently, fully automated aesthetic devices are available for its end users. For instance, sciton uses optical coherence tomography to pre-look at the skin from the inside out. 

The global aesthetic lasers and energy devices market was valued at $2.25 billion in 2014 and is expected to reach $10.30 billion by 2028, registering a CAGR of 10.2% from 2021 to 2028.

The aesthetic lasers and energy devices market is negatively impacted, as health care resources have been prioritized to cater for patients affected by COVID-19, routine health care services have remained suspended. In an effort to slow the spread of SARS-CoV-2 virus, the all countries adopted lockdown which came into effect on the March 23, 2020. Since then, clinics offering laser, light based and intense pulsed light services have remained closed for treatments. As the rate of COVID-19 infection slows, the all government has issued guidance for lifting of the lockdown in a cautious and phased manner. With this view many countries are allowing safe reopening of laser, light and energy based services. For instance, the British Medical Laser Services has issued guidance document, based on best available and current scientific evidence.

Key Benefits For Stakeholders

• This report provides a detailed quantitative analysis of the current trends and future estimations from 2014 to 2028, which assist to identify the prevailing aesthetic lasers and energy devices market opportunities. 
• An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
• A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
• Region-wise and country-wise market conditions are comprehensively analyzed in this report.
• The projections in this report are made by analyzing the current trends and future market potential from 2014 to 2028, in terms of value.
• An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
• Key market players within the aesthetic lasers and energy devices market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the aesthetic lasers and energy devices market.​​​​​​​

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Covid-19 Impact Analysis:

Due to COVID-19 pandemic, the aesthetic lasers and energy devices market is negatively impacted, as health care resources have been prioritized to cater for patients affected by COVID-19, routine health care services have remained suspended. In an effort to slow the spread of SARS-CoV-2 virus, the all countries adopted lockdown which came into effect on the March 23, 2020. Since then, clinics offering laser, light based and intense pulsed light services have remained closed for treatments. As the rate of COVID-19 infection slows, the all government has issued guidance for lifting of the lockdown in a cautious and phased manner.

North America accounted for the majority of the global aesthetic lasers and energy devices market share in 2014 and is anticipated remain dominant during the forecast period. This is attributed to increase in healthcare expenditure, and technological advancements in aesthetic lasers and energy devices. Europe is expected to show steady growth over the next upcoming years, owing to increase in geriatric population base.