Global Alexandrite Gemstone Lasers Market Overview
Increasing demand for non-invasive lasers, frequent product advancements, and approvals of technology are boosting strategic activities such as collaboration and distribution agreements among manufacturers.
Companies are continuously focusing on increasing product reach in the alexandrite gemstone lasers market. To incorporate these changes, manufacturers are adopting distribution agreements as an expansion strategy for gaining maximum revenue from the existing market.
- Focus on innovation and research & development in advanced technology and refinement of existing laser devices contribute to the development of enhanced devices to meet growing consumer demand for effective and safe laser therapies.
- Advancements in laser technologies over the years have contributed to various cosmetic treatment applications, contributing to increased use of these laser devices.
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- 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.
In addition, manufacturers in the alexandrite gemstone lasers market are highly engaged in various industry consolidation activities such as mergers, acquisitions, and collaborations to increase their product range and distribution network, which creates huge growth opportunities for the market growth.
- In June 2018, Alma Lasers completed the acquisition of Vertiflex, Inc., a privately-held company that developed and commercialized the superion indirect decompression system.
According to Fact.MR, the global alexandrite gemstone lasers market is estimated to expand twofold to be valued at US$ 285 Mn by 2030-end.
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Key Takeaways from Alexandrite Gemstone Lasers Market Study
- By indication, tattoo removal is the fastest-growing segment in the alexandrite gemstone lasers market, owing to rising tattoo regret.
- North America and Europe collectively hold over 45% of the global alexandrite gemstone lasers market share, owing to growing research and production activities in alexandrite gemstone laser manufacturing industries.
- Based on end user, hospitals account for more 40% of the global alexandrite gemstone lasers market value share. Laser treatment centers are expected to grow at the highest rate in alexandrite gemstone lasers market.
- Demand for alexandrite gemstone lasers in Europe and East Asia is also projected to surge at a significant rate during the forecast period.
- The COVID-19 pandemic has resulted in the postponement of most non-essential medical procedures across the world, which will hamper the progress of the alexandrite gemstone lasers market in the short term.
“Rising adoption of aesthetic treatments and increasing consumer spending on cosmetic procedures are some of the factors anticipated to favor the growth of the global alexandrite gemstone lasers market,”says a Fact.MR analyst.
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Key Segments of Alexandrite Gemstone Lasers Market
Fact.MR’s study on the alexandrite gemstone lasers 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 RemovalTattoo RemovalVascular LesionPigmented LesionOthers|
|End User||HospitalsLaser Treatment CentersSpecialty ClinicsAmbulatory Surgical Centers|
|Region||North AmericaLatin AmericaEuropeSouth AsiaEast AsiaOceaniaMiddle East & Africa|
Report Benefits & Key Questions Answered
- Alexandrite Gemstone Lasers Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Alexandrite Gemstone Lasers Market Historical volume analysis: The report provides a comparison of Canned Cocktails Market historical sales and projected sales performance for 2021-2031.
- Alexandrite Gemstone Lasers Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Alexandrite Gemstone Lasers Market It carefully gauges the impact of changing healthcare needs of key demographics globally
- Alexandrite Gemstone Lasers Market Consumption by demographics: The report investigates consumer behavior affecting Alexandrite Gemstone Lasers Market demand outlook for the assessment period. Effect of their keenness for digital trends on Alexandrite Gemstone Lasers Market is carefully analyzed
- Post COVID consumer spending on Alexandrite Gemstone Lasers Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Alexandrite Gemstone Lasers Market growth.
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