Rising number of Cosmetic Procedures in US is Generating Revenue for Aesthetic Lasers and Energy Devices Manufacturers: Ken Research

Future Growth of US aesthetic lasers and energy devices market is expected to be led by rising demand for cosmetic procedures in the country especially non-invasive procedures, rising demand for aesthetic procedures among males, and aging population opting for skin rejuvenation procedures.

The dominating aesthetic lasers and energy devices market players have domestic manufacturing plants in the US which caters the demand for domestic market. The major players include Cynosure, Inc., Cutera, Syneron Candela, Lumenis, and Alma Lasers.

The market is majorly dominated by the private/unorganized clients including skin clinics, med spas, salons and private hospitals. Skin clinics among these are major revenue contributing clients in the private clientele segment.

Ken Research announced its latest publication on “US Aesthetic Lasers and Energy Devices Market Outlook to 2020 – Aging Population and High Prevalence Rate of Obesity to Foster Future Growth” which provides a comprehensive analysis of the aesthetic lasers and energy devices market in the US. The report focuses on the aesthetic lasers and energy devices used for non-invasive or minimally-invasive surgeries.

The report covers aspects such as overall aesthetic lasers and energy devices market, segmentation of overall market by type of device, by clientele, by new and refurbished devices, and by regions, stand-alone and multi-platform devices market, segmentation of stand-alone devices by energy devices and aesthetic lasers, aesthetic lasers segmentation by ablative and non-ablative lasers and their further sub-segments on the basis of type of lasers. The study also includes market analysis for body contouring and skin tightening devices, aesthetic skin clinics market, and aesthetic procedures market in the US. The publication extensively details about competitive landscape of key players operating in the market with their detailed company profile.

Business model followed by leading manufacturers is also explained in detail with margins. Emerging and leading organized skin clinics are also covered in the report with their company profiles including information about number of clinics, physicians, services provided by clinic, technologies used and key brands purchased by the skin clinic.

The future analysis of overall aesthetic lasers and energy devices and by segments has been discussed along with recommendations from analyst view. The report also provide detailed information on the investment required to set up skin clinic in the US, regulatory framework for aesthetic lasers and energy devices followed in country, and detailed information about key brands according to their application, according to the Research Analyst, Ken Research.

Body contouring and skin tightening devices market in the US has observed a magnificent growth over the past decade with a large number of obese and overweight people opting for body shaping procedures. The rising awareness about the body contouring procedures, advantages of non-invasive surgeries over invasive surgeries, and less cost of the non-invasive surgeries are major factors which have boosted the market for body contouring and skin tightening devices market in the US. It has been observed that the body contouring and skin tightening devices market in the US has recorded growth from USD ~ million in CY2010 to USD ~million in CY2015 at a CAGR of ~%.

Skin clinics, being the major client of the aesthetic lasers and energy devices have been given high importance during the study. The market for skin clinics is valued at USD ~million in CY2010, and is observed to exhibit a CAGR of ~% from 2010 to 2020, to reach at a value of USD ~million during 2020. Unorganized skin clinics are observed to dominate the market with larger percentage of total skin clinics in the entire market. On the basis, it has been estimated that the stand-alone devices would witness a high growth during the forecast period. Preference of stand-alone devices by private and specialized clinics is the major factor which advocates the reason for rising market revenue of stand-alone devices. According to the research report, the US stand-alone aesthetic lasers and energy devices market will grow at a considerable CAGR rate thus reaching USD 1.8 billion by 2020.

“In order to penetrate into the highly competitive aesthetic lasers and energy devices market of the US, the aesthetic devices manufacturer needs to focus on effective marketing strategies. The companies could provide extended warranties, free disposables for few months, free after-sale services, and options to exchange the old device with technologically advanced devices in discounted price. Additionally, the infomercials in trade journals, participations in medical workshops and webinars could also help the company in generating brand awareness among the people. Quality certifications will also prove beneficial for attracting more number of customers, according to the Research Analyst, Ken Research.