LaserOffers.com

Aesthetic Lasers Blog

Aesthetic laser treatments done to remove hair or improve wrinkles and fine lines on the face is a discretionary item. It’s not reimbursed by insurance companies or Medicare, and has to come out of the consumer’s pocket. And these are pretty pricey treatments. We’re talking about $3,000 or more just for some hair removal. With the U.S. economy off a cliff consumers tend to tighten up on this kind of spending.

Hair removal, which has been the most popular laser procedure is showing signs of maturity, and is slowing down. Further decline in growth is inevitable.

The newer treatments like the fine line, wrinkle removal and facial lesion removal – improving the skin, resurfacing skin tissue – those markets are growing because they are relatively new and consumers’ awareness of the benefits is improving. Even factoring the worsening economic environment, these markets will grow 10-15% in 2009.

  • Comments Off
  • Filed under: Market | businesses
  • People are cutting back on cosmetic surgery and other elective surgeries in response to the dismal economy, reversing the booming popularity of tummy tucks, eye lifts, and breast implants, which have soared in popularity in recent years, particularly among the middle class.

    When polled in October, 62 percent of members of the American Society of Plastic Surgeons said their business was down 20 percent or more from the year before. “I expect it’s more than that in some areas, a 40 or 50 percent decrease,” says Michael McGuire, president-elect of the ASPS. That’s particularly true in areas like New York, California, and Florida, which led the surge in popularity. A small survey by the society in October found that 60 percent of respondents said the economy had had an impact on their plans for cosmetic surgery. That’s not surprising, given that cosmetic procedures aren’t covered by insurance.

    People may be shunning surgery not only because of the cost but because of the downtime for recovery. “Now, you just even don’t want to take the time off [from work],” says Alan Gold, president of the American Society of Aesthetic and Plastic Surgeons, a group of doctors who specialize in cosmetic surgery.

    The demand may be deferred, not denied. Alan Gold, who says he saw a similar downturn after 9/11, predicts that business will revive with the economy. Those who desire cosmetic procedures “are people who are concerned about their appearance or are concerned about age-related changes,” he says. “They may defer that desire, but the desire isn’t lost.”

    As a contrast to the surgery statistics, it appears that non-invasive treatments, like injectables and laser rejuvenation, are still on the rise. Hair removal and photorejuvenation are value offers for consumers. In most cases these procedures are cheaper than Botox but may provide a much longer lasting result with no downtime.

  • Comments Off
  • Filed under: CURRENT NEWS
  • COSMETIC PROCEDURES IN 2007

    Nearly 11.7 million cosmetic surgical and nonsurgical procedures were performed in the United States in 2007, according to statistics released today by the American Society for Aesthetic Plastic Surgery. The Aesthetic Society, which has been collecting multi-specialty procedural statistics since 1997 says the overall number of cosmetic procedures has increased 457 percent since the collection of the statistics first began. The most frequently performed procedure was Botox injections and the most popular surgical procedure was liposuction.“Our statistics confirm that aesthetic plastic surgery is not defined by race or gender,” said Aesthetic Society president Foad Nahai, MD. “The number of surgical and nonsurgical procedures performed on men increased 17 percent since last year, and 22 percent of the aesthetic procedures were performed on traditional racial and ethnic minorities.”

    TRENDS AND DEMOGRAPHIC DATA

    Top surgical and nonsurgical cosmetic procedures among men and women in 2007:
    Surgical Number of procedures Nonsurgical Number of procedures
    Liposuction 456,828 Botox 2,775,176
    Breast augmentation 399,440 Hyaluronic Acid
    (Hylaform, Juvederm, Restylane)
    1,448,716
    Eyelid surgery 240,763 Laser Hair Removal 1,412,657
    Abdominoplasty 185,335 Microdermabrasion 829,658
    Female breast reduction 153,087 Laser Skin Resurfacing 647,707
    Top cosmetic procedures for WOMEN
    Surgical Number of  procedures Nonsurgical Number of  procedures
    Breast augmentation 399,440 Botox 2,445,656
    Lipoplasty 398,848 Hyaluronic Acid
    (Hylaform, Juvederm, Restylane)
    1,364,533
    Eyelid surgery 208,199 Laser Hair Removal 1,226,974
    Abdominoplasty 180,457 Microdermabrasion 743,748
    Breast Reduction 153,087 IPL Laser Treatment 584,530

    Women had 91 percent of cosmetic procedures. The number of procedures (surgical and nonsurgical) performed on women was over 10.6 million, an increase of 1 percent from the previous year. Surgical procedures increased 9 percent; nonsurgical procedures decreased by less than 1 percent. Since 1997, surgical procedures increased 142 percent, while nonsurgical procedures have increased 743 percent.

    Top cosmetic procedures for MEN:
    Surgical Number of  procedures Nonsurgical Number of  procedures
    Liposuction 57,980 Botox injection 329,519
    Eyelid surgery 32,564 Laser hair removal 185,684
    Rhinoplasty 31,713 Microdermabrasion 85,910
    Male breast reduction 20,280 Hyaluronic Acid
    (Hylaform, Juvederm, Restylane)
    84,184
    Hair transplantation 16,491 IP laser treatment 63,177

    Men had 9 percent of cosmetic procedures. The number of procedures (surgical and nonsurgical) performed on men was just over 1 million, an increase of 17 percent from the previous year. Surgical procedures increased 5 percent; nonsurgical procedures increased 21 percent. Since 1997, surgical procedures have increased 3 percent while nonsurgical procedures have increased 886 percent.

    Frequency of cosmetic procedures by AGE GROUP:
    % of total Age Number of procedures Top surgical procedure Top nonsurgical procedure
    47% 35-50 5.4 million Liposuction Botox
    25% 51-64 2.9 million Eyelid Surgery Botox
    21% 19-34 2.4 million Breast augmentation Laser Hair Removal
    6% 65 and over 700,096 Eyelid Surgery Botox
    2% 18 and under 205,119 Cosmetic ear surgery Laser Hair Removal

    Racial and Ethnic Distribution
    Traditional racial and ethnic minorities accounted for 22 percent of all cosmetic procedures in 2007. Hispanics again led minority racial and ethnic groups in the number of procedures: Hispanics, 9 percent; African-Americans, 6 percent; Asians, 5 percent; and other non-Caucasians, 2 percent.

    Location and Fees
    Almost fifty-four percent (54 percent) of cosmetic procedures in 2007 were performed in office-based facilities; 28 percent in freestanding surgicenters; and 17 percent in hospitals. Americans spent just over $13 billion on cosmetic procedures; $8.3 billion was for surgical procedures, and $4.7 billion was for nonsurgical procedures.

  • Comments Off
  • Filed under: Market | businesses
  • Advertise lasers and laser treatments on LaserOffers.com
    Aerolase
    Used Certified LightPod lasers from Aerolase

    Latest laser videos

    Loading...

    LaserOffers.com sponsors ASLMS