Growing influence of changing lifestyle and growing disposable income on the growth of the global cosmetic lasers market

Cosmetic laser is a highly consumer driven industry which is affected by various factors such as demographic, lifestyle and disposable income of the people. Social media is one of the important and a newly emerge factors affecting the overall cosmetic industry as it imposes beauty standards by daily by the media and celebrities. Many people opt for cosmetic laser surgery because of social pressures to conform to physical ideals. This pressure stems largely from the media, the work place, and peers. Many people are ready to go under the knife which may results in permanent changes in appearance and encourages unattainable ideals of beauty. Cosmetic laser provides a noninvasive and safe method for cosmetic procedures. More and more, people are turning to this option to feel better about themselves and with this addiction.

Global cosmetic lasers market anticipated to grow at a CAGR of 10.02% from 2019 to 2024- Axiom MRC

Various types of laser procedures and treatments are used to obtain unique and desired results. Patients not only want to be fit and healthy but also want to minimize the effects of aging. There has been an increase in the number of skilled medical professionals that perform aesthetic procedures. However, due to increased awareness about non-surgical cosmetic reconstructive treatments and the limited side-effects associated with them, their demand is increasing. Furthermore, medical tourism provides a convenient option for the people to look for more options for cosmetic treatment. People from the US prefer traveling to Brazil, Mexico, Costa Rica, and Panama for cosmetic surgery. According to Axiom MRC, Global Cosmetic Lasers Market wasvalued at USD 860.00 million in 2017 and is projected to be worth USD 1679.10million by 2024 growing at a CAGR of 10.02% for the forecast period. 

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