Aesthetic/Cosmetic Lasers Market research report endows clients with the information on their business scenario with which they can build business strategies to thrive in the market. According to this market report, the global market is anticipated to witness a moderately higher growth rate during the forecast period. This can be subjected to the moves of key players or brands which include developments, product launches, joint ventures, mergers and acquisitions that in turn change global face of the industry. Aesthetic/Cosmetic Lasers Market report also takes into account strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client.
Global Aesthetic Cosmetic Lasers Market was valued at USD 536.46 million in 2021 and is expected to reach USD 1,400.0 million by 2029, registering a CAGR of 11.3% during the forecast period of 2022-2029. The “multiplatform lasers” accounts for the largest type segment in the aesthetic cosmetic lasers market within the forecasted period owing to the scalable and upgradeable hybrid systems, the flexibility and versatility of several standalone systems in a single package. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Cosmetic or aesthetic lasers are basically the medical devices that are used for cosmetic treatments utilizing the selective photothermolysis approach, which uses a brief and focused light beam of a specific wavelength to create a thermal effect that destroys undesirable cells. These lasers are used for a variety of operations, including tattoo removal, wrinkle removal, acne and scar removal, hair removal, and skin rejuvenation. Treatment for the elimination of various forms of scars, such as sun damage, melisma, and age spots, is part of the acne and scar removal segment, which is expected to develop in the future. An ablative laser, which vaporizes the injured skin’s top layer, and a non-ablative laser, which works deeper into the skin without destroying the surface layer, are the two types of laser treatments employed. Aesthetic lasers are used to remove wrinkles, hair, pigmented lesions, and tattoos, among other things.
|Forecast Period||2022 to 2029|
|Historic Years||2020 (Customizable to 2019 – 2014)|
|Quantitative Units||Revenue in USD Million, Volumes in Units, Pricing in USD|
|Segments Covered||By Type (Standalone Lasers, Multiplatform Lasers), Application (Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne, and Scars, Pigmented Lesion and Tattoo Removal, Leg and Varicose Veins, Other Applications), End-User (Private Clinics, Hospitals, Medical Spas)|
|Countries Covered||U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa|
|Market Players Covered||Aerolase Corp (U.S.), Alma Lasers, (Israel), Mindray DS USA, Inc., (U.S), Cutera, (U.S.), Cynosure, (U.S.), El.En. SpA (Italy), Lumenis Be Ltd. (Israel), Sciton, (U.S.), AMI INDUSTRIES, INC. (U.S), CANON MEDICAL SYSTEMS CORPORATION (Japan), CHISON Medical Technologies Co., Ltd., (China), SharpLight Technologies Inc., (Canada), Aerolase (U.S), Bausch & Lomb Incorporated (Canada), Candela Medical (U.S), and Bausch Health Companies Inc., (Canada)|
Aesthetic Cosmetic Lasers Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Growing Aesthetic Procedures
The growth in various procedures such as the tattoo removal, skin rejuvenation, hair removal, wrinkles, acne and scar removal, among others are the most significant factor driving the growth for this market. Surge in awareness regarding the physical appearance, which inclines population towards these cosmetic procedures are also expected to accelerate the overall growth of the market.
Growing Investments and Advancements
Moreover, the various technical advancement in the field of aesthetic/cosmetic lasers and rise in the medicinal tourism are estimated to generate lucrative opportunities for the market. Increase in the research and development activities in the market and rise in the technological advancements will further expand the aesthetic cosmetic lasers market’s growth rate in the future.
Furthermore, the expanding healthcare sector, soaring demand for non-invasive aesthetic treatments along with the modernization in the healthcare techniques are also expected to fuel market growth. Surging awareness regarding benefits of laser procedures, increase in the healthcare expenditure and rise in the demand from emerging economies are also projected to cushion the growth of the market.
On the other hand, the rise in the strict safety guidelines for aesthetic procedures and safety regulations for aesthetic devices is expected to obstruct market growth.
Also, the communal disgrace related with cosmetic treatments and the high cost of the aesthetic or cosmetic treatment are projected to challenge the aesthetic cosmetic lasers market in the forecast period of 2022-2029.
This aesthetic cosmetic lasers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aesthetic cosmetic lasers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aesthetic/Cosmetic Lasers Market Scenario
According to Data Bridge Market Research the aesthetic/cosmetic lasers market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing demand for non- invasive aesthetic procedures, changing lifestyle, advancement & development in the region and less procedural cost.
Now the question is which are the regions that aesthetic/cosmetic lasers market players should target? Data Bridge Market Research has forecasted market leaders to target North America’s developing regions to help them in attaining better volume of revenue generation.
Aesthetic/cosmetic lasers market is becoming more competitive every year with hair removal currently being the largest market application for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the aesthetic/cosmetic lasers market.
For more analysis on the aesthetic/cosmetic lasers market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-aestheticcosmetic-lasers-market
Aesthetic/Cosmetic Lasers Market Development
NY Laser Outlet announced the launch of their NYLO Aesthetics division in October 2019 which has the ability to deliver the latest innovations in the field of non-invasive lasers and medical lasers. This new division consists of JetPeel, Reshape, Horizon, EmCyte Pure PRP and Ready Medical. The main aim of the launch is to meet the rising demand of the aesthetic market and provide them with advanced solutions.
Post Covid-19 Impact on Aesthetic Cosmetic Lasers Market
The aesthetic cosmetic lasers market was largely industry impacted by the outbreak of COVID-19. The consumer beauty behaviors were highly affected due to the pandemic. The imposition of the lockdown and social distancing restrictions by the government to curb the COVID-19 pandemic outbreak, led to halt of various operations within the aesthetic and cosmetic industry. The consumer willingness to turn up for treatments was very low due to restrictions. Various challenges such as stifling business growth, supply chain disruptions, suspensions of procedures, lower production and sales affected the market negatively. Moreover, within the healthcare sector, the non-essential procedures such as tattoo removal, skin rejuvenation, hair removal, wrinkles, acne and scar removal, further limited the industry’s expansion.
However, the gradual decrease in the COVID-19 cases led to relaxation in restrictions of the government which will help market to witness a increment post COVID-19, as the manufacturers are focusing on various developments and innovations, market trends and other expansion strategies.
In June 2021, Bausch Health Companies Inc., and Solta Medical announced the United State launch of the Clear + Brilliant Touch laser. , The company’s next-generation Clear + Brilliant laser, which offers patients of all ages and skin types the benefits of two wavelengths for a more tailored and thorough treatment procedure.
In January 2020, Lumenis Ltd., the world’s largest energy-based medical device company for aesthetic, surgical and ophthalmic applications, announces the launch of its newest platform, the LightSheer Quattro. LightSheer Quattro is the newest member of Lumenis’ premium LightSheer family, which provides scientifically proven laser hair removal treatments for all skin types with minimal downtime using either 805nm or 1060nm wavelengths, as well as treatment of pigmented and vascular lesions. By combining High Speed Vacuum aided technology with ChillTipTM Integrated Contact cooling technology, practitioners may achieve great clinical results while delivering patients with pleasant, effective, rapid, and safe treatments. The upgradeable LightSheer Quattro system is a terrific addition to any MedSpa or Medical Office, whether seasoned or just getting started in the business.
Global Aesthetic Cosmetic Lasers Market Scope
The aesthetic cosmetic lasers market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
On the basis of type, the aesthetic cosmetic lasers market is segmented into standalone lasers and multiplatform lasers. Standalone lasers are sub-segmented into carbon dioxide (CO2) lasers, erbium YAG lasers, diode lasers, pulsed dye lasers (PDL), ND:YAG lasers, alexandrite lasers and other devices. The other devices is sub-segmented into ruby, argon, krypton, and erbium: glass lasers. The multiplatform lasers will hold the largest market share due to the scalable and upgradeable hybrid systems, the flexibility and versatility of several standalone systems in a single package.
Acne and Scars
Pigmented Lesion and Tattoo Removal
Leg and Varicose Veins
On the basis of application, the aesthetic cosmetic lasers market is segmented into hair removal, skin rejuvenation, vascular lesions, acne and scars, pigmented lesion and tattoo removal, leg and varicose veins and other applications.
On the basis of end-user, the aesthetic cosmetic lasers market is bifurcated into private clinics, hospitals and medical spas.
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Aesthetic Cosmetic Lasers Market Regional Analysis/Insights
The aesthetic cosmetic lasers market is analyzed and market size insights and trends are provided by country, type, application and end-user as referenced above.
The countries covered in the aesthetic cosmetic lasers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aesthetic cosmetic lasers market because of the high presence of manufacturers, surging number of aesthetic laser procedures coupled with the high adoption of minimally invasive devices within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the high population growth, rising awareness about the advantages of laser procedures along with the increase in medical tourism within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Key Market Competitors Covered in the report
Bausch & Lomb Incorporated
SharpLight Technologies Inc
CANON MEDICAL SYSTEMS CORPORATION
Mindray DS USA, Inc.
Cosmeditech Innovations Ltd
Medicure Group Of Companies
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Healthcare Infrastructure growth Installed base and New Technology Penetration
The aesthetic cosmetic lasers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for aesthetic cosmetic lasers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the aesthetic cosmetic lasers market. The data is available for historic period 2010-2020.
Competitive Landscape and Aesthetic Cosmetic Lasers Market Share Analysis
The aesthetic cosmetic lasers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aesthetic cosmetic lasers market.
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