MEDICAL LASER DEVICES

The medical laser industry is one of the fastest growing in the medical equipment sector. In previous years, Americans have spent more than $12 billion on cosmetic procedures annually and the compound annual growth rate of the global medical aesthetics market is expected to achieve between 10.8% and 12.5% by 2018. Around 83% of all cosmetic treatments are non-surgical procedures with minimally invasive treatments being the most popular option. Laser hair removal, for instance, is among the top 5 non-surgical procedures in the US and worldwide. With these figures in mind, it's not difficult to understand why most experts argue that the medical laser system market alone will hit the $2 billion mark in the next two years... The key reason behind the rapid interest in the aesthetic laser industry is the combination of the increasing demand for these type of minimally invasive and non-invasive aesthetic procedures and their relatively low price, especially in developed countries. Coupled..