The Middle East and Africaaesthetic medical laser systems market is expected to reach US$ 70.79million by2027 from US$ 39.03million in 2019. The market is estimated to grow at a CAGR of 8.0% during2020–2027.
The growth of the Middle East and Africaaesthetic medical laser systems market is attributedto key driving factors such as a high growth in aesthetic medical laser systems and rise in the government initiatives regarding aesthetic procedures. However, the rising price of aesthetic medical laser proceduresmay hinder the market growth.
In the Middle East and Africa, social media has positively impacted the growth of aesthetic medical laser systems. The number of cosmetic procedures has increased exponentially among women in Saudi Arabia. Undergoing aesthetic procedures for cosmetic useshas become a trend among women and, to some extent, in men. Moreover, there isa considerable rise in the number of aesthetic clinics acrossSaudi Arabia. For instance, a fewof the aesthetic clinics such as Derma Clinic, Dr. Areej Meer Clinic, and Cosmoderm Clinics are present in Saudi Arabia that offer treatments and services such as plastic surgery, laser procedures, skin rejuvenation, and scar removal. Moreover, the UAE offers vital growth opportunities for the aesthetic medical laser systems market. The country has a developing healthcare infrastructure with a significant focus on dermatology and aesthetic procedures, which is driving the aesthetic medical laser systems market.
The socio–economic condition in countries across Middle East is adversely affected by the COVID-19 pandemic. However, the countries have wisely reacted to the COVID–19 outbreak to avoid the spread of infection. Lockdown and social distancing measures were imposed by these countries. These trends are hindering access to work, regular income, payments, fairs, schools, and healthcare. Therefore, the countries are witnessing huge losses and trying to recover them. The lockdown has disrupted the non-emergency medical services in the region, which has somehow affected the aesthetic sectors. Saudi Arabia and the UAE are emerging as aesthetic destinations in the region. However, they are dependent on other countries from across the world for the resources; therefore, the aesthetic industry have faced negative impact of the pandemic and is expected to experience the same in the following few years. In addition, the second wave of the outbreak have reinstituted the restrictions for public in Iran from the end of November 2020. Evening curfews are imposed on nonessential services such as restaurants, movie theaters, and a few healthcare services in major cities. It is expected that the pandemic will hinder the market growthuntil the availability of vaccine.
Based on type,theMiddle East and Africa aesthetic medical laser systems market is bifurcated into standalone lasers and multiplatform lasers. Thestandalone lasers segment held a largermarket share in 2019, whereas the multiplatform segment is anticipated to register a higher CAGR in the market during the forecast period.
Based on application,theMiddle East and Africa aesthetic medical laser systems market is segmented into hair removal, acne and scars, skin rejuvenation, pigmented lesions, leg and varicose veins, and others. The hair removal segment held the largest market share in 2019.However, the skin rejuvenation segment is anticipated to register the highest CAGR in the market during 2020–2027.
The Middle East and Africa aesthetic medical laser systems market, by end user, is segmented into hospitals, clinics, medical spas, and others. The clinics segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market from 2020 to 2027.
A fewof the primary and secondary sources referred to while preparing the reporton the Middle East and Africaaesthetic medical laser systemsmarketare the Emirates Standardization and Meteorological Authority (ESMA) and Aesthetic and Anti-aging Medicine Society (South Africa).