MarketStudyReport.com Adds New Photorejuvenation Devices Market 2019- 2025 research report providing information and By Product, By Modality, By End-use, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 200 Pages with table and figures in it.
Delaware, Selbyville - September 19, 2019 /MarketersMedia/ —
Latin America photorejuvenation devices market accounted for more than 14% revenue share in 2018 and is assessed to witness a significant CAGR by 2025. Growing medical tourism in Brazil coupled with the availability of technologically advanced aesthetic devices is anticipated to drive the regional revenue growth. Moreover, the presence of favorable exchange rate of cosmetic surgeries at very competitive prices boosts the adoption of cosmetic procedures devices in region. According to the World Health Organization (WHO), Brazil has the best healthcare system in Latin America and ranks among the top countries, for the same, in the world.
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Photorejuvenation Devices Market will exceed USD 2.5 billion by 2025. Photorejuvenation devices market growth is majorly driven by increasing demand for non-invasive procedures due to rise in prevalence of skin problems. The rising number of aesthetic problems is significantly increasing the adoption of medical aesthetic devices. Presently, majority population from the upper-middle-class group are opting for cosmetic procedures to increase their self-esteem and self-confidence.
Intense Pulsed Light (IPL) product segment accounted for more than 40% revenue share in 2018 and is expected to witness similar growth trend over the forecast years. The first intense pulsed light medical device aimed to benign vascular lesions was commercially launched in 1994. Since then, IPL devices became widely preferred product for cosmetic procedures. Some of the advantages of IPL devices are robust technology, lower purchase price, versatility, and minimum risk of serious adverse effects.
The hospitals segment will witness robust growth during the forecast timeframe. The growing prevalence of skin problems and number of surgical procedures will augment segmental growth. Furthermore, cost-effective portable photorejuvenation devices provided by various government hospitals in middle-and-low income countries will act as a positive impact rendering factor in the segment growth.
The portable photorejuvenation devices segment is anticipated to hold a significant revenue share in 2018 and is projected to witness the growth of 6.8% over the forthcoming years. The segment growth due to the rising preference of portable devices over standalone devices among healthcare professionals. Portable devices minimize the number of sessions required for aesthetic treatment and similarly, reduce treatment cost and hospital stays.
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Some of the notable business players operating in the photorejuvenation devices market include Hologic (Cynosure), Lumenis, Syneron Medical, Lynton Lasers, EL.EN. S.p.A. (Deka Mela S.r.l.), Cutera, Fotona, Lutronic Corporation, and Beijing Nubway S & T. These industry players are focusing on various organic and inorganic strategies to increase their global presence and gain more market share in the aesthetic industry. For example, in February 2017, Hologic acquired Cynosure to expand the product portfolio in the aesthetic industry. Also, this acquisition enabled the company to increase its geographical footprint and enhance customer base.
Table of Content:
Chapter 1. Methodology And Scope
Chapter 2. Executive Summary
Chapter 3 Photorejuvenation Devices Industry Insights
Chapter 4 Photorejuvenation Devices Market, By Product
Chapter 5 Photorejuvenation Devices Market, By Modality
Chapter 6. Photorejuvenation Devices Market, By End-use
Chapter 7 Photorejuvenation Devices Market, By Region
Chapter 8 Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/photorejuvenation-devices-market
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Global Photorejuvenation Equipment Market Insights, Forecast to 2025
This research report categorizes the global Photorejuvenation Equipment market by top players/brands, region, type and end user. This report also studies the global Photorejuvenation Equipment market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. Photorejuvenation is a skin treatment that uses lasers, intense pulsed light, or photodynamic therapy to treat skin conditions and remove effects of photoaging such as wrinkles, spots and textures.
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