Report ID:
SQMIG45J2240 |
Region:
Global |
Published Date: October, 2024
Pages:
171
|Tables:
90
|Figures:
71
Global Aesthetic Lasers Market size was valued at USD 1,318 Million in 2022 poised to grow from USD 1,536 Million in 2023 to USD 4,503 Million by 2031, growing at a CAGR of 16.6% in the forecast period (2024-2031).
Medical technology that is most used to change a person's physical appearance is aesthetic lasers. Aesthetic purposes outweigh medicinal ones in their use. Aesthetic lasers provide heat and light to stimulate the skin's natural production of new collagen. The production of collagen in people's bodies generally decreases with age. This happens due to tissues experiencing wear and tear from the effects of ageing, especially in the skin. The congenital applications of the ageing treatment laser include lip enhancement, face line improvement, treatment of skin scars, eliminating wrinkles as well as lifting the face. The time taken for skin hair removal treatment differs from one person to another however for a longer duration of time also aesthetic lasers can be used in removing hairs from any surface of the body.
Although it also treats other body ailments including wrinkles, skin laxity, and hyperpigmentation, the non-surgical skin therapy is primarily focused on tightening the skin. Furthermore, two distinct laser treatment modalities are utilized: an ablative laser that eliminates the outermost layer of the injured skin, and a non-ablative laser that enhances skin penetration without destroying the outermost layer. The two types of ablative lasers are CO2 and erbium. Also in the group of non-ablative lasers are pulse-dye lasers and lasers that use intense analogue light. Due to the reorganization of a number of clinics and hospitals to treat a larger number of COVID-19 diagnosed patients, the aesthetic laser market during the lockdown period experienced contraction. Due to the epidemic, non-essential surgery was cancelled.
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
CAGR
To get more reports on the above market click here to Buy The Report
The global aesthetic lasers market is segmented based on Product Type, Application, End User, and Region. In terms of Product Type, the market is grouped into CO2 Lasers, Erbium Lasers, Pulsed-Dye Lasers, IPL (intense pulsed light) and Others. Based on Application, the market is segmented into Skin Resurfacing, Hair Removal, Tattoo Removal and Others. Based on the End User, the market is bifurcated into Hospitals & Clinics and Spas & Beauty Centers. Based on Region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and Middle East & Africa.
Analysis by Product Type
As per categorization by product type, the market is classified as CO2 lasers, erbium lasers, pulsed-dye lasers, IPL (intense pulsed light) and others car seat and convertible car seat. Among these, CO2 lasers earned the largest share and continue to dominate the market. The global aesthetic lasers market is experiencing a major transformation with the introduction of CO2 lasers as they are providing accurate and efficient skin resurfacing, wrinkle removal, and scar treatment solutions amongst many others. With low recovery times, encouraging collaborative tissue generation and less postoperative complications, such lasers tend to dominate the ranks of aesthetic focused practices.
Intense Pulsed Light (IPL) technology is set to become the fastest-growing segment in the global aesthetic lasers market due to its versatility and effectiveness in treating various skin conditions, including pigmentation, vascular lesions, and hair removal. Ipl system utilizes noninvasive procedures with short recovery times hence the devices are being embraced by the practitioners as well as the patients. Furthermore, the improved technologies in the Ipl systems together with the increasing consumer needs of affordable and customized beauty treatments are significantly growing the hair removal system, making the Ipl system one of the best cosmetic solutions available as of today.
Analysis by Application
Innovations in laser technology have significantly advanced and helped hair removal being the dominating segment, enhancing efficiency and patient comfort. With options like diode and Alexandrite lasers offering faster, more effective treatments, hair removal dominates the global aesthetic lasers market due to its high demand for long-lasting results, minimal side effects, and growing acceptance among diverse demographics.
Due to the increasing awareness towards skin care among consumer market and the need to have a young-looking skin, skin resurfacing is expected to be the fastest-growing sub-segment in the global aesthetic lasers market. Laser technology has advanced with fractional co2 and erbium lasers which offer focused treatment with less recovery time and better outcome. Furthermore, due to the growing number of skin issues ageing, sun, and acne scarring the looking for effective resurfacing solutions has bred an interest in such procedures thus making this a growth market in aesthetic procedures.
To get detailed analysis on other segments, Request For Free Sample Report
North America is dominating the global aesthetic lasers market, driven by a combination of advanced healthcare infrastructure, high disposable income, and a growing emphasis on personal aesthetics. There are quite a number of fully functional clinics and professionals in the region, also making patients easier to aesthetic procedures. Besides, the demand is also being driven by growing awareness of non-invasive methods and advanced technology such as better laser systems. North America remains the most advanced region for the global aesthetic lasers market due to several factors such as government policies, growing incidence of skin diseases, and enhancement of anti-aging treatments which also explains the ever-growing dynamism of this market.
Europe is emerging as the fastest-growing region in the global aesthetic lasers market, fueled by a robust demand for innovative cosmetic procedures and increasing acceptance of aesthetic treatments across diverse demographics. Factors such as increasing disposable income, a heightened inclination towards personal care, and the growing popularity of advanced cosmetic solutions are contributing to this trend. Also, innovation in laser machines coupled with the increase in medical tourism is making aesthetic treatment clinics in Europe more appealing. The. The regulatory environment facilitates the adoption of newer technologies, and the availability of many older practices turns Europe into one of the key regions for the growth of the global aesthetic lasers market.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Demand for Non-Invasive Procedures
Technological Advancements in Laser Systems
Restraints
Limited Awareness and Education
Competing Aesthetic Treatments
Request Free Customization of this report to help us to meet your business objectives.
The global aesthetic lasers market consists of competitors with a focus on innovation and advances in technology. Global players like Allergan Aesthetics, Cynosure, Lumenis are at the forefront of modern laser systems and aesthetic enhancement solutions. These companies engage in strategic mergers and acquisitions and have ongoing research initiatives to improve their offerings. Moreover, the market is being invaded by new entrants, thus increasing tension within the industry and fostering technological developments of laser technologies in aesthetic uses.
Top Player’s Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, aesthetic lasers emerged as revolutionary within medical technology as they have one place of application, that is, altering physical appearance. They have become key players in the treatment of aging skin due to their effects on collagen production. Aesthetic lasers are indicated in a wide range of applications where facial or body structures are involved, such as hair removals and skin resurfacing. Both invasive and non-invasive procedures that help in targeting individual needs are provided.
While the COVID-19 pandemic briefly slowed the market, the demand for non-invasive procedures has resumed, and segment-specific innovations continue to drive growth. The market's segmentation by product type, application, and region highlights the diverse applications and evolving technologies shaping the future of aesthetic lasers.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1,318 Million |
Market size value in 2031 | USD 4,503 Million |
Growth Rate | 16.6% |
Base year | 2023 |
Forecast period | (2024-2031) |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Aesthetic Lasers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aesthetic Lasers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aesthetic Lasers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aesthetic Lasers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG45J2240
sales@skyquestt.com
USA +1 351-333-4748