The aesthetic laser and energy devices market in the US share will post incremental growth of, progressing at a CAGR of 4.55% during the forecast period. The aesthetic laser and energy devices market in the US is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Aesthetic Laser and Energy Devices Market in the US by Technology and Application - Forecast and Analysis 2021-2025” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The aesthetic laser and energy devices market in the US is segmented by technology (laser, light, RF, and others) and application (skin resurfacing, body contouring, and skin rejuvenation). The growth of the aesthetic laser and energy devices market size in the US in the laser segment will be significant during the forecast period.
The increasing awareness about medical aesthetics will directly influence the sales of aesthetic laser and energy devices in the US. In addition, the growing geriatric population is one of the major aesthetic laser and energy devices market trends that will positively impact the market growth. However, factors such as the high cost of products will hamper the aesthetic laser and energy devices market growth in the US.
The market is fragmented due to the presence of several players. Some of the major aesthetic laser and energy devices market vendors in the US are AbbVie Inc., Bausch Health Companies Inc., Candela Corp., Cutera Inc., Cynosure Inc., and El.En. Spa, Fotona d.o.o., Hologic Inc., Lumenis Ltd., and Shanghai Fosun Pharmaceutical (Group) Co. Ltd.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2021-2025.
CAGR of the aesthetic laser and energy devices market forecast in the US during 2021-2025.
Market-level data on units, average selling prices, and values of the aesthetic laser and energy devices market share in the US.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the aesthetic laser and energy devices market in the US.
Aesthetic laser and energy devices industry growth across the US.