Professional Aesthetic Lasers Market Worth $3,387.4 Million by 2030 says P&S Intelligence
NEW YORK, March 2, 2021 /PRNewswire/ The population of people in the age group of 65 and above is expected to increase to 1.5 billion in 2050 from 703 million in 2019, as per the United Nations (UN). As a result, the global professional aesthetic lasers market value, which was $1,303.9 million in 2020, will reach $3,387.4 million by 2030, at a 10.3% CAGR between 2021 and 2030, according to P&S Intelligence.
With age, the skin loses its vascular and glandular networks, stem cells, and fibrous tissue, which leads to dryness, wrinkles, sagging, and pigmentary alteration. Therefore, coupled with the rising geriatric population, their increasing appearance consciousness is acting as a key professional aesthetic lasers market growth driver. This is because these devices and treatments reduce the signs of aging, as well as revitalize and tighten the skin.