Market Overview:
The global Q-switched ruby lasers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aesthetic treatments and rising number of tattoo studios across the globe. In terms of type, the 755 nm wavelength segment is expected to witness highest growth during the forecast period owing to its superior performance as compared to other wavelengths. By application, aesthetic clinics are anticipated to account for majority share in terms of revenue in 2018 and beyond. However, tattoo studios are projected register highest CAGR during the forecast period due from growing popularity of tattoos among millennials across different geographies.
Product Definition:
A q-switched ruby laser is a type of laser that emits light at a wavelength of 694.3 nanometers. It is used for tattoo removal, pigmented lesion treatment, and hair removal.
694 nm Wavelength:
694 nm is a typical infrared-wavelength used in Q-switched ruby lasers. The wavelength can be switched between different spectral lines by using an optical filter, i.e., selecting the desired line via a photo detector or an optical fiber optic cable.
755 nm Wavelength:
The wavelength of light is a measure for the distance between electron shells in an atom or molecule. The higher the number, shorter is the wavelength. The nm (abbreviation for nanometers) scale was developed to measure these small distances and hence it is used in many applications such as medical imaging, spectroscopy, and others.
Application Insights:
The aesthetic clinics segment dominated the global Q-switched ruby lasers market, accounting for a revenue share of over 40.0% in 2017. The rising popularity of these devices for hair removal on the face and body is expected to drive growth over the forecast period. Furthermore, increasing demand for non-invasive procedures that result in minimal skin reddening is anticipated to further fuel industry expansion over the coming years.
The tattoo studios segment accounted for a significant revenue share in 2017 owing to an increase in customers opting for permanent body art designs including Japanese characters and Chinese symbols as part of their daily attire or professional appearance at work or social gatherings outside Japan.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing demand for aesthetic laser treatments. The region is expected to maintain its dominance over the forecast period due to rising applications of Q-switched ruby lasers in dermatology and cosmetic surgeries. In addition, growing popularity of cosmetic laser procedures using long-pulsed Nd:YAG lasers is also expected to drive growth during the forecast period.
Asia Pacific regional market captured significant share in 2017 due to high demand from countries such as China, India, and Japan for aesthetic laser treatments and body modification procedures. Growing medical tourism industry mainly driven by improving healthcare infrastructure coupled with affordable treatment costs especially when compared with developed nations within North America and Europe is anticipated boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive cosmetic procedures
- Rising prevalence of skin disorders and hair loss
- Growing popularity of laser-based medical treatments
- Technological advancements in Q-switched ruby lasers technology
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Q-Switched Ruby Lasers Market Research Report
By Type
694 nm Wavelength, 755 nm Wavelength, Others
By Application
Aesthetic Clinics, Tattoo Studios, Others
By Companies
Bison Medical, Asclepion Laser Technologies, Astanza Laser, Alma Laser
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Q-Switched Ruby Lasers Market Report Segments:
The global Q-Switched Ruby Lasers market is segmented on the basis of:
Types
694 nm Wavelength, 755 nm Wavelength, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aesthetic Clinics, Tattoo Studios, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bison Medical
- Asclepion Laser Technologies
- Astanza Laser
- Alma Laser
Highlights of The Q-Switched Ruby Lasers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 694 nm Wavelength
- 755 nm Wavelength
- Others
- By Application:
- Aesthetic Clinics
- Tattoo Studios
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Q-Switched Ruby Lasers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major players in the q-switched ruby lasers market are Bison Medical, Asclepion Laser Technologies, Astanza Laser, Alma Laser.
The q-switched ruby lasers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Q-Switched Ruby Lasers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Q-Switched Ruby Lasers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Q-Switched Ruby Lasers Market - Supply Chain
4.5. Global Q-Switched Ruby Lasers Market Forecast
4.5.1. Q-Switched Ruby Lasers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Q-Switched Ruby Lasers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Q-Switched Ruby Lasers Market Absolute $ Opportunity
5. Global Q-Switched Ruby Lasers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
5.3.1. 694 nm Wavelength
5.3.2. 755 nm Wavelength
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Q-Switched Ruby Lasers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
6.3.1. Aesthetic Clinics
6.3.2. Tattoo Studios
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Q-Switched Ruby Lasers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Q-Switched Ruby Lasers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Q-Switched Ruby Lasers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Q-Switched Ruby Lasers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Q-Switched Ruby Lasers Demand Share Forecast, 2019-2026
9. North America Q-Switched Ruby Lasers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Q-Switched Ruby Lasers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
9.4.1. Aesthetic Clinics
9.4.2. Tattoo Studios
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
9.7.1. 694 nm Wavelength
9.7.2. 755 nm Wavelength
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Q-Switched Ruby Lasers Demand Share Forecast, 2019-2026
10. Latin America Q-Switched Ruby Lasers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Q-Switched Ruby Lasers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
10.4.1. Aesthetic Clinics
10.4.2. Tattoo Studios
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
10.7.1. 694 nm Wavelength
10.7.2. 755 nm Wavelength
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Q-Switched Ruby Lasers Demand Share Forecast, 2019-2026
11. Europe Q-Switched Ruby Lasers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Q-Switched Ruby Lasers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
11.4.1. Aesthetic Clinics
11.4.2. Tattoo Studios
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
11.7.1. 694 nm Wavelength
11.7.2. 755 nm Wavelength
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Q-Switched Ruby Lasers Demand Share, 2019-2026
12. Asia Pacific Q-Switched Ruby Lasers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Q-Switched Ruby Lasers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
12.4.1. Aesthetic Clinics
12.4.2. Tattoo Studios
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
12.7.1. 694 nm Wavelength
12.7.2. 755 nm Wavelength
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Q-Switched Ruby Lasers Demand Share, 2019-2026
13. Middle East & Africa Q-Switched Ruby Lasers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Q-Switched Ruby Lasers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Q-Switched Ruby Lasers Market Size and Volume Forecast by Application
13.4.1. Aesthetic Clinics
13.4.2. Tattoo Studios
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Q-Switched Ruby Lasers Market Size and Volume Forecast by Type
13.7.1. 694 nm Wavelength
13.7.2. 755 nm Wavelength
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Q-Switched Ruby Lasers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Q-Switched Ruby Lasers Market: Market Share Analysis
14.2. Q-Switched Ruby Lasers Distributors and Customers
14.3. Q-Switched Ruby Lasers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bison Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Asclepion Laser Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Astanza Laser
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alma Laser
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
