Aesthetic Laser Market

Aesthetic Laser Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The global aesthetic laser market size was USD 3.6 Billion in 2023 and is likely to reach USD 8.1 Billion by 2032, expanding at a CAGR of 10.5% during 2024–2032. The market growth is attributed to the ­­increasing demand for non-invasive and minimally invasive procedures.

Aesthetic lasers are medical devices that use laser technology to perform various cosmetic and medical procedures. These devices emit a concentrated beam of light that is absorbed by the skin, causing a specific reaction that help to improve the appearance of the skin. Aesthetic lasers are used to treat a wide range of conditions, including wrinkles, fine lines, age spots, and unwanted hair. They are also used to remove tattoos, scars, and other blemishes from the skin.

Aesthetic Laser Market Outlook

The aesthetic laser market refers to the global market for aesthetic lasers and related products and services. This market is significant because it is a rapidly growing industry that is driven by the increasing demand for cosmetic and medical procedures. The market is expected to continue to grow as more people seek to improve their appearance and overall health. The aesthetic laser market is also significant because it is a major driver of innovation in the medical device industry, with companies constantly developing new and improved technologies to meet the growing demand for these treatments.

The significance of the aesthetic laser market is seen in the many benefits it provides to individuals and society as a whole. For instance, aesthetic lasers help to improve the appearance of the skin, which boost self-confidence and overall well-being. They also help to reduce the signs of aging, such as wrinkles and age spots, which make people look and feel younger. Additionally, aesthetic lasers are used to treat a wide range of medical conditions, such as acne, rosacea, and psoriasis, which improve the quality of life for those who suffer from these conditions.

Impact of Artificial Intelligence (AI) in Aesthetic Laser Market

AI-powered systems analyze individual patient data, including skin type, tone, and texture, to provide personalized medicine recommendations and optimize treatment outcomes. AI-powered systems analyze treatment data and adjust treatment parameters in real-time to ensure optimal results and minimize side effects.

AI-powered predictive maintenance systems detect potential equipment failures and schedule maintenance before they occur, reducing downtime and improving overall equipment reliability. AI-powered data analytics help aesthetic laser providers analyze treatment outcomes, patient demographics, and market trends to inform business decisions and optimize treatment strategies.

Aesthetic Laser Market Dynamics

Aesthetic Laser Market Dynamics

Major Drivers

Increasing demand for non-invasive and minimally invasive procedures is boosting the global market. The demand for non-invasive and minimally invasive procedures is increasing due to the growing awareness of the importance of skin health and the desire for a youthful appearance. Furthermore, advances in technology have led to the development of more effective and safer aesthetic laser devices, increasing its popularity.

Existing Restraints

Aesthetic laser treatments are expensive therefore high cost of treatment is expected to restrain the market. The aesthetic laser market lacks standardization, making it difficult for consumers to compare and choose between different treatment and providers. Aesthetic laser treatments are not available widely in all areas, limiting access to these treatments.

Emerging Opportunities

Increasing demand for body contouring treatments, such as fat reduction and skin tightening, is expected to continue to grow, driven by the increasing awareness of the importance of body shape and appearance. The demand for pigmentation correction treatments, such as age spot removal and hyperpigmentation correction, is expected to continue to grow, driven by the increasing awareness of the importance of skin health and the desire for a youthful appearance. For instance,

  • In 2020, India witnessed a significant number of facial rejuvenation procedures, with approximately 70,416 treatments performed, as reported by the International Society of Aesthetic Plastic Surgery. Furthermore, the growing trend of medical tourism in emerging countries is expected to fuel the demand for aesthetic treatments in the region, driving the market forward.

Scope of the Aesthetic Laser Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Aesthetic Laser Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2023

Historic Data

2017–2022

Forecast Period

2024–2032

Segmentation

Product (Laser Resurfacing Devices, Body Contouring Devices, and Others), Application (Skin Rejuvenate, Hair Removal, Tattoo Removal, and Others), and End-user (Hospitals & Specialty Clinics and Spas & Beauty Centers)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Cutera; Cynosure, Inc; Lumenis; Lutronic; Lynton Lasers; Sciton, Inc.; Solta Medical Inc.; STRATA Skin Sciences; Syneron Medical Ltd.; and Viora

Market Segment Insights

Regional Analysis

In terms of region, the global aesthetic laser market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific dominates the global market in 2023 owing to the growing demand for aesthetic treatments. Countries such as China, Japan, and South Korea have experienced rapid economic growth, leading to an increase in disposable income and a growing demand for luxury and aesthetic services. Strong culture of skin care and beauty, with a high demand for skin care products and treatments is expected to boost the regional market during the forecast period.

The market in North America is projected to grow at a significant pace in the years to come owing to the presence of key players. North America is home to many key players in the aesthetic laser market, including companies such as Lumenis, Candela, and Cutera. Furthermore, the strong healthcare infrastructure of North America is driving the regional market.

Aesthetic Laser Market Region

Segment Analysis

Product Segment Analysis

Based on product, the aesthetic laser market is divided into laser resurfacing devices, body contouring devices, and others. The laser resurfacing devices segment held the largest share in the global market in 2023 owing to the increasing demand for non-invasive treatments. Moreover, the growing awareness of skin health and the importance of maintaining a youthful appearance are driving the demand for laser resurfacing devices.

The body contouring devices segment is anticipated to grow at a substantial CAGR during the forecast period due to the growing demand for non-invasive procedures. The increasing awareness of the importance of body aesthetics, combined with the advancement of technology and the availability of a wide range of treatment options, have contributed to the growth of this segment.

Aesthetic Laser Market Product

Application Segment Analysis

On the basis of application, the global market is segregated into skin rejuvenate, hair removal, tattoo removal, and others. The skin rejuvenation segment is anticipated to register a considerable CAGR in over the predicted period due to the increasing demand for non-invasive and minimally invasive procedures. The growing awareness of the importance of skin health, combined with the advancement of technology and the availability of a wide range of treatment options, driving the segment.

The hair removal segment is projected to register a robust growth rate during the assessment years owing to the increasing demand for permanent hair reduction treatments. Aesthetic laser devices used for hair removal are designed to target and destroy hair follicles, resulting in permanent hair reduction. The growing awareness of the importance of personal grooming is propelling the segment.

Aesthetic Laser Market Application

End-user Segment Analysis

On the basis of end-user, the aesthetic laser market is segmented into hospitals & specialty clinics, and spas & beauty centers. The hospitals & specialty clinics segment register a robust growth rate in 2023 due to the wider applications of aesthetic laser devices in various applications such as skin rejuvenation, hair removal, and tattoo removal. Hospitals and specialty clinics have the necessary infrastructure and expertise to operate advanced aesthetic laser devices, which are not typically available in spas and beauty centers.

The spas & beauty centers segment is expected to expand at a significant growth rate over the projection period due to the increasing demand for relaxation and pampering services. Additionally, the growing popularity of aesthetic laser treatments in spas & beauty centers is expected to fuel the segment during the forecast period.

Segments

The aesthetic laser market has been segmented on the basis of

Product

  • Laser Resurfacing Devices
  • Body Contouring Devices
  • Others

Application

  • Skin Rejuvenate
  • Hair Removal
  • Tattoo Removal
  • Others

End-user

  • Hospitals & Specialty Clinics
  • Spas & Beauty Centers

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the global aesthetic laser market are Cutera; Cynosure, Inc; Lumenis; Lutronic; Lynton Lasers; Sciton, Inc.; Solta Medical Inc.; STRATA Skin Sciences; Syneron Medical Ltd.; and Viora

  • In June 2022, Cynosure has unveiled the PicoSure Pro, the latest iteration of the PicoSure platform, boasting the distinction of being the first and only 755 nm picosecond laser to receive FDA clearance. This groundbreaking device harnesses the power of pressure rather than heat to deliver energy in a mere trillionth of a second, making it an unparalleled solution for treating unwanted pigmentation and rejuvenating skin on all skin types.

  • In June 2021, Sciton Inc. has unveiled the mJOULE, a cutting-edge, dual-wavelength platform in the UK, designed to meet the evolving demands of the market. This innovative platform combines the power of BBL HERO and MOXI technologies, offering patients faster treatment times and more impressive results.

    Aesthetic Laser Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aesthetic Laser Market 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. Aesthetic Laser Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aesthetic Laser Market Market - Supply Chain
  4.5. Global Aesthetic Laser Market Market Forecast
     4.5.1. Aesthetic Laser Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aesthetic Laser Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aesthetic Laser Market Market Absolute $ Opportunity
5. Global Aesthetic Laser Market Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Aesthetic Laser Market Market Size and Volume Forecast by Applications
     5.3.1. Skin Rejuvenate
     5.3.2. Hair Removal
     5.3.3. Tattoo Removal
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Aesthetic Laser Market Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Aesthetic Laser Market Market Size and Volume Forecast by End Users
     6.3.1. Hospitals & Specialty Clinics
     6.3.2. Spas & Beauty Centers
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Aesthetic Laser Market Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Aesthetic Laser Market Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Aesthetic Laser Market Demand Share Forecast, 2019-2026
8. North America Aesthetic Laser Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Aesthetic Laser Market Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Aesthetic Laser Market Market Size and Volume Forecast by Applications
     8.4.1. Skin Rejuvenate
     8.4.2. Hair Removal
     8.4.3. Tattoo Removal
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Aesthetic Laser Market Market Size and Volume Forecast by End Users
     8.7.1. Hospitals & Specialty Clinics
     8.7.2. Spas & Beauty Centers
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Aesthetic Laser Market Demand Share Forecast, 2019-2026
9. Latin America Aesthetic Laser Market 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
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Aesthetic Laser Market Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Aesthetic Laser Market Market Size and Volume Forecast by Applications
     9.4.1. Skin Rejuvenate
     9.4.2. Hair Removal
     9.4.3. Tattoo Removal
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Aesthetic Laser Market Market Size and Volume Forecast by End Users
     9.7.1. Hospitals & Specialty Clinics
     9.7.2. Spas & Beauty Centers
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Aesthetic Laser Market Demand Share Forecast, 2019-2026
10. Europe Aesthetic Laser Market 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. Europe Average Pricing Analysis
  10.2. Europe Aesthetic Laser Market Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Aesthetic Laser Market Market Size and Volume Forecast by Applications
     10.4.1. Skin Rejuvenate
     10.4.2. Hair Removal
     10.4.3. Tattoo Removal
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Aesthetic Laser Market Market Size and Volume Forecast by End Users
     10.7.1. Hospitals & Specialty Clinics
     10.7.2. Spas & Beauty Centers
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Aesthetic Laser Market Demand Share Forecast, 2019-2026
11. Asia Pacific Aesthetic Laser Market 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. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Aesthetic Laser Market Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Aesthetic Laser Market Market Size and Volume Forecast by Applications
     11.4.1. Skin Rejuvenate
     11.4.2. Hair Removal
     11.4.3. Tattoo Removal
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Aesthetic Laser Market Market Size and Volume Forecast by End Users
     11.7.1. Hospitals & Specialty Clinics
     11.7.2. Spas & Beauty Centers
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Aesthetic Laser Market Demand Share Forecast, 2019-2026
12. Middle East & Africa Aesthetic Laser Market 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. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Aesthetic Laser Market Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Aesthetic Laser Market Market Size and Volume Forecast by Applications
     12.4.1. Skin Rejuvenate
     12.4.2. Hair Removal
     12.4.3. Tattoo Removal
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Aesthetic Laser Market Market Size and Volume Forecast by End Users
     12.7.1. Hospitals & Specialty Clinics
     12.7.2. Spas & Beauty Centers
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Aesthetic Laser Market Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Aesthetic Laser Market Market: Market Share Analysis
  13.2. Aesthetic Laser Market Distributors and Customers
  13.3. Aesthetic Laser Market Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Cutera
     13.4.2. Cynosure, Inc
     13.4.3. Lumenis
     13.4.4. Lutronic
     13.4.5. Lynton Lasers
     13.4.6. Sciton, Inc.
     13.4.7. Solta Medical Inc.
     13.4.8. STRATA Skin Sciences
     13.4.9. Syneron Medical Ltd.
     13.4.10. Viora

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