Barriers to Entry and the Oligopolistic Competitive Strategy in Aesthetic Lasers The Aesthetic Lasers industry, despite its strong growth, faces significant barriers to entry and expansion, which shape the aggressive strategies of the leading players.
Major Restraints and Challenges:
High Equipment Cost: Advanced laser systems, particularly multi-platform hybrid devices, represent a substantial capital expenditure (often exceeding $100,000 to $250,000). This high cost of...