Market Size 2023 (Base Year) | USD 654.28 Million |
Market Size 2032 (Forecast Year) | USD 1695.51 Million |
CAGR | 11.16% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
A latest report by Market Research Store estimates that the Global Aesthetic Cosmetic Lasers Market was valued at USD 654.28 Million in 2023 and is expected to reach USD 1695.51 Million by 2032, with a CAGR of 11.16% during the forecast period 2024-2032. The report Aesthetic Cosmetic Lasers Market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.
Report Attributes | Report Details |
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Report Name | Aesthetic Cosmetic Lasers Market |
Market Size in 2023 | USD 654.28 Million |
Market Forecast in 2032 | USD 1695.51 Million |
Growth Rate | CAGR of 11.16% |
Number of Pages | 155 |
Key Companies Covered | Alma Lasers, Ltd., FUKUDA DENSHI, Cutera, Inc., Bausch & Lomb Incorporated, Cynosure, Inc., Aerolase Corp., El.En. SpA, CANDELA CORPORATION, Lumenis Ltd., CANON MEDICAL SYSTEMS CORPORATION, Sciton, Inc., Mindray DS USA, Inc., SharpLight Technologies, AMIINC, Syneron Medical Inc., ALS Meditek., and Solta Medical, among others. OmniGuide Holdings, Inc |
Segments Covered | By Type, By Application, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2023 |
Forecast Year | 2024 to 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
According to a Market Research Store study, worldwide demand for Aesthetic / Cosmetic Lasers Market was assessed at USD 1,005 Million in 2020 and is anticipated to reach revenue of nearly USD 1,960 Million by the end of Yr. 2026, expanding at a CAGR of about 10% between 2021 and 2026.
Global Aesthetic/Cosmetic Lasers Market: Overview
Cosmetic laser systems primarily work on the concept of "selective photo Thermolysis," in which photo refers to the frequency of light, thermo refers to the production of heat, and lysis refers to the destruction of everything. Aesthetic/Cosmetic laser procedures are the least invasive and easiest to use. Aesthetic/cosmetic laser treatment removes facial lines and skin defects including blemishes and acne scars. This procedure, also known as lasabrasion procedure, laser peel, or laser vaporization, concentrated pulsating beams of light to accurately strip skin layer by layer on rough skin surfaces. It is used to cure ageing skin issues, age spots, thin lines, wrinkles on the dried skin, facial birthmarks, sagging eyelid skin, spider veins, droopy, and dark circles. It may also be used to fix irregular skin tone and appearance, as well as smokers' lines, vascular defects, and skin tightening.
REPORT SNAPSHOT & REPORTING DATA TIMEFRAME | |
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Parameter | Details |
2020 Market Size | ~USD 1,005 Million |
2026 Market Size | ~USD 1,960 Million |
CAGR (2021 – 2026) | ~10% |
Historical Date ( Actual Data) | 2016 - 2020 |
Base Year Data | 2020 |
Current Year Data | 2021 |
Projected Data | 2021 - 2026 |
Global Aesthetic/Cosmetic Lasers Market: Growth Factors
The aesthetic /cosmetic laser industry is being driven by a significant rise in the preference for non-aesthetic treatments and technological advances in laser technology. Furthermore, the growth of the cosmetics laser industry is fueled by an increase in the acceptance of non-invasive treatments, an increase in cases of skin injury, an increase in medical tourism and ever-changing lifestyles, and lower procedural costs. Benefits such as better aesthetic outcomes and quicker turnaround times, resulting in a shorter hospital stay, are also driving the demand for minimally invasive surgery. Technological advances in the fields of surgical robotics and telemedicine have also contributed to the development of the minimally invasive surgery used in the cosmetic industry. Other factors that drive the growth of the / aesthetic cosmetic lasers market include improved execution of aesthetic procedures, advancement of laser technologies, increased emphasis on body image for both men and women, and high disposable income in developing economies. However, factors such as manufacturers' lack of focus on aesthetic products, government regulations restricting the use of aesthetic/cosmetic lasers, and a lack of reimbursement are expected to stifle the market's development. The aesthetic /cosmetic laser industry, on the other hand, is expected to benefit from advancements in fillers, lasers, and injectables in the near future. The aesthetic/cosmetic laser industry is a fantastic platform for them to extend their horizons. Aesthetic/Cosmetic laser methods are constantly being developed by manufacturers, who often bring a range of aesthetic/cosmetic lasers to the market on a regular basis. The beauty lasers market's revenue is increasing at a steady rate.
Global Aesthetic/Cosmetic Lasers Market: Segmentation
The market is bifurcated on the basis of type, application and end-user. On the basis of type segmentation, the market is split into standalone lasers and multiplatform lasers. The segment of standalone lasers are further split into erbium YAG lasers, pulsed dyed lasers, Nd: Yag lasers, carbon dioxide lasers, diode lasers, alexandrite lasers, while the segment of others comprises ruby glass lasers, krypton, argon, and erbium. Multiplatform lasers are the highest segment of this industry, as they offer modular and upgradeable hybrid systems that can handle a variety of indications. Multiplatform lasers, for example, provide physicians with the durability and functionality of numerous standalone systems in a single kit and offer combination therapy to synergistically treat a specific indication or provide care targeting several aspects in each indication, both of which are leading to this segment's fast growth over the forecast timeframe. On the basis of the application segment, the market is divided into pigmented lesions & tattoos, vascular lesions, skin rejuvenation, hair removal, acne & scars, leg veins & varicose veins, and others. Owing to factors such as high acceptance of cosmetic treatments, advancements in laser technologies, increased emphasis on body image, and increasing disposable income, the hair removal segment held the largest share of the industry. In November 2016, Fotona d.o.o. founded the Laser and Health Academy (LA&HA) to provide study and education on emerging medical laser technologies, as well as perform specialized workshops and seminars to increase patient standards and performance. Based on the segment of end-users, the market is split into medical spas, clinics, and hospitals. Because of the number of aesthetic/cosmetic procedures around the world, increasing knowledge of different aesthetic procedures and their advantages, the patient demand for minimally invasive cosmetic surgery, and increase in the number of private clinics and surgeons providing these services, the private clinics' category accounted for the largest share in 2019. According to the American Society of Plastic Surgeons (ASPS), about 4,488,550 cosmetic operations were conducted in hospitals in the United States in 2018. In addition, the understanding of aesthetic and cosmetic procedures in developing economies like India and China is expected to boost segment growth.
Global Aesthetic/Cosmetic Lasers Market: Regional Analysis
Owing to the involvement of major main players in the region, North America is expected to lead the global aesthetics/cosmetics lasers industry. It has been steadily the in North America, owing to an increase in the obese population. According to ProCon.org in the United States, the number of obese adults in 2016 was 36.2 per cent in the United States, 29.4 per cent in Canada, and 28.9 per cent in Mexico. Obesity levels are projected to be especially high in the United States and Mexico, according to the Organization for Economic Cooperation and Development. Furthermore, the fast availability of cosmetic laser, a larger consumer audience, and attractive reimbursement in the healthcare system are expected to drive business growth. During the projected era, however, the Asia-Pacific cosmetic laser market is expected to expand significantly. This is attributed to an increase in aesthetic/cosmetic laser promotional activities in this area, which is expected to boost the aesthetic/cosmetic laser market in developing Asia-Pacific countries.
Global Aesthetic/Cosmetic Lasers Market: Competitive Players
Some of the key players in the aesthetic/cosmetic lasers market are Alma Lasers, Ltd., FUKUDA DENSHI, Cutera, Inc., Bausch & Lomb Incorporated, Cynosure, Inc., Aerolase Corp., El.En. SpA, CANDELA CORPORATION, Lumenis Ltd., CANON MEDICAL SYSTEMS CORPORATION, Sciton, Inc., Mindray DS USA, Inc., SharpLight Technologies, AMIINC, Syneron Medical Inc., ALS Meditek., and Solta Medical, among others. OmniGuide Holdings, Inc., for example, launched the C-LAS Line of Sight CO2 laser system in March 2018. Through the accuracy of CO2 laser energy, the laser device allows for minimally invasive surgical operations, giving patients more medical choices.
Global Aesthetic/Cosmetic Lasers Market: By Type Segmentation Analysis:
Global Aesthetic/Cosmetic Lasers Market: By Application Segmentation Analysis
Global Aesthetic/Cosmetic Lasers Market: By End-User Segmentation Analysis
Global Aesthetic/Cosmetic Lasers Market: Regional Segmentation Analysis
Frequently Asked Questions
What are the key factors driving Aesthetic/Cosmetic Lasers Market expansion?
The aesthetic /cosmetic laser industry is being driven by a significant rise in the preference for non-aesthetic treatments and technological advances in laser technology. Furthermore, the growth of the cosmetics laser industry is fueled by an increase in the acceptance of non-invasive treatments, an increase in cases of skin injury, an increase in medical tourism and ever-changing lifestyles, and lower procedural costs. Benefits such as better aesthetic outcomes and quicker turnaround times, resulting in a shorter hospital stay, are also driving the demand for minimally invasive surgery. Technological advances in the fields of surgical robotics and telemedicine have also contributed to the development of the minimally invasive surgery used in cosmetic industry.
What will be the value of the Aesthetic/Cosmetic Lasers Market during 2021- 2026?
According to Market Research Store, global demand for the Aesthetic/Cosmetic Lasers Market was estimated at approximately USD 1,005 Million in 2020 and is anticipated to generate revenue of around USD 1,960 Million by end of 2026, growing at a CAGR of around 10% between 2021 and 2026.
Which region will make substantial contributions to global revenues from the Aesthetic/Cosmetic Lasers Market?
Owing to the involvement of major main players in the region, North America is expected to lead the global aesthetics/cosmetics lasers industry. It has been steadily the in North America, owing to an increase in the obese population. According to ProCon.org in the United States, the number of obese adults in 2016 was 36.2 percent in the United States, 29.4 percent in Canada, and 28.9 percent in Mexico. Obesity levels are projected to be especially high in the United States and Mexico, according to the Organization for Economic Cooperation and Development. Furthermore, fast availability of cosmetic laser, a larger consumer audience, and attractive reimbursement in the healthcare system are expected to drive business growth.
What are the key players leveraging Aesthetic/Cosmetic Lasers Market growth?
The major players dominating the global Aesthetic/Cosmetic Lasers Market in terms of revenue and development are Alma Lasers, Ltd., FUKUDA DENSHI, Cutera, Inc., Bausch & Lomb Incorporated, Cynosure, Inc., Aerolase Corp., El.En. SpA, CANDELA CORPORATION, Lumenis Ltd., CANON MEDICAL SYSTEMS CORPORATION,, Sciton, Inc., Mindray DS USA, Inc., SharpLight Technologies, AMIINC, Syneron Medical Inc., ALS Meditek., and Solta Medical, among others.
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Aesthetic Cosmetic Lasers
Aesthetic Cosmetic Lasers
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