The global market for medical laser equipment hit a healthy $4.9 billion in 2014. This is a drastic increase from the $909 million the market was valued at in 2011, and experts are now estimating that it will increase over 12% by 2018.
Why exactly is this market expanding so much?
As in every industry, the access that consumers have to information regarding their own health can drastically affect the demand for certain procedures, and this has certainly taken place when it comes to skin care options. Non-invasive treatments, for instance, have gained popularity due to increased patient awareness, as have requests for aesthetic procedures. Not only do these demands directly correspond with the medical laser industry, they are also relevant to the dermatology market, which sat at $10.1 billion in 2013 and is expected to grow to $13.1 million by 2017.
So what does this mean for your practice?
It means you are in a profitable industry: one that is projected to grow steadily over the next few years. Even though the projected growth of the medical laser market encompasses a variety of applications, dermatology is very likely to dominate due to consumers’ increased knowledge of skin issues and the high demand for aesthetic procedures.
It also means that in order to accommodate this expanding market, it’s incredibly important that your laser technology is up to date and has the capability to provide a variety of treatments to your patients. Modern, flexible treatments will ensure that you are able to meet your patients’ expectations today.
We’re inviting you to let Aerolase contribute to your success within the growing market. Our particular brand of innovative technology allows you to treat both a wide variety of skin concerns and a diverse population of clients. Each one of our products is safe to use on multiple skin types, which can only build on the success of your practice. Since the American Society for Aesthetic Plastic Surgery estimates that Americans spend over $13 billion on aesthetic treatments, it only makes sense that practitioners should aim to maximize on some of this revenue by using a multivarious tool that also minimizes the total cost of laser ownership, while boosting your practice’s ROI. Our medical lasers do just that!
Ensure that your practice has a competitive edge in this industry by contacting us for more information today.