Alexandrite Gemstone Lasers Market
Alexandrite Gemstone Lasers Market - By Indication, By Application,By End User & Global Region - Market Size, Trends, Opportunity, Forecast 2021-2026Request Sample Request Discount
The invention of lasers was one of the most useful developments in the science and engineering. They are used to isolate and emit specific wavelengths of light that can be further implemented in medical and scientific applications. An Alexandrite gemstone laser is one of the lasers that use alexandrite crystal as the laser or medium. It produces a wavelength of light in the infrared spectrum i.e., 755 nm. They are also known as red light laser and available in the Q-switched mode. These lasers are very effective and safe for the treatment of removal of unwanted hairs and it is stated that the success rate is around 40% to 805 after several treatment process. Thus, they are majorly used in hair removal applications.
The consumer shift from invasive to non-invasive procedures will proliferate the Alexandrite gemstone lasers market. Consumers are now aware of the various treatment and new technologies that are coming into the market. The previous methods that are used were having higher post-operative pain, and patient need to stay in the hospital for a longer period of time due to slow recovery rate after the operation. But with the technological advancement and ease of operation, using non-invasive devices will contribute to the growth of such non-invasive surgeries, which further drives the growth of the market.
Hair growth is a continuous process that grows over a period of time. So, people are looking for such a robust solution that will permanently remove unwanted hairs. These considerations are important for the people who are in the beauty industry.
The laser removal targets the melanin from the growing hair follicle from inside the skin’s epidermis. Due to this the hair growth permanently stops. Various other techniques are costly but only provide semi-permanent hair removal, which drives the consumer towards permanent hair removal. Because permanent hair removal is the cheaper solution. The rising disposable income in developing countries will also contribute to the demand for hair removal surgeries, further driving the Alexandrite gemstone lasers market.
The rising geriatric population globally is the driving force for the growth of pigmented lesion treatment. The reasons for the pigmentated lesion are the increasing intake of toxic substances through drinking and smoking. Consumers are using various synthetic cosmetic products which will lead to the pigmented lesion. For the treatment of pigmented lesions, the Alexandrite gemstone lasers are widely used due to the benefits associated with this procedure. The adoption of Alexandrite gemstone lasers by the consumers for the pigmented lesion treatment will propel the market growth in the near future.
The manufacturers are looking for collaborations and distribution agreements as the demand for the non-invasive lasers and approval of various technologies is increasing. The main factor on which the companies are focussing on the product reach in the alexandrite gemstone lasers. To gain the maximum revenue through the alexandrite gemstone lasers, the companies adopt distribution agreements for the expansion in the various regions.
Nowadays, the tattooing trend is very common in the younger population. The trend of tattooing is majorly found in the age group of 18-24 years. But this trend is changing with time and the poor artwork is the reason people want to remove the tattoo. Further, strict corporate employment policies are the main reason people want to remove the tattoo after a certain period of time. Such factors are propelling the growth of the Alexandrite gemstone lasers market in the near future.
In terms of indications, the hair removal is the most dominating in the market due to the rising trend of permanent hair removal. From the various end-users in the market hospitals has the largest share in the market.
Alexandrite Gemstone Lasers Market Segmentation:
- Hair Removal
- Tattoo Removal
- Vascular Lesion
- Pigmented Lesion
By End User
- Laser Treatment Centres
- Specialty Clinics
- Ambulatory Surgical Centres
- North America
- Latin America
- Middle East and Africa
North America is having the largest share of around 24% in the alexandrite gemstone lasers market due to the rising skin problem and aesthetic laser and dermatology laser procedures in the U.S., Canada and Mexico. Europe has the second largest share in the market followed by Asia Pacific. European market majorly comprises of Germany, UK, Spain, Russia and Italy. The trend of tattoo removal is rising in the Germany due the availability of the advanced aesthetic services, and Laser centres in the country which will further drives the market of alexandrite gemstone lasers market. Further, UK is becoming the fastest growing market for the alexandrite gemstone lasers in the forecast period after Germany. The rising population and awareness about such laser techniques in the other regions such as Middle East & Africa and Latin America will proliferate the market growth in the forecast period.
Few Key Players in the Alexandrite Gemstone Lasers Market
- Alma Lasers
- Candela Medical
- Cynosure, Inc.
- Quanta Systems
- El.En. (Asclepion Technologies)
- Lutronic Corporation
- Bison Medical
- Lynton Laser
- EL.EN. S.p.A. (Deka Mela S.r.l.)
- Other Players
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