Overview and Scope
A cosmetic laser is a device used to reduce facial wrinkles and skin irregularities, such as acne scars or blemishes. Cosmetic lasers are also used for removing unwanted hair from the body by beaming highly concentrated light into the hair follicles.
Sizing and Forecast
The cosmetic lasers market size has grown strongly in recent years. It will grow from $1.68 billion in 2023 to $1.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth in cosmetics procedures, a rise in medical tourism, growing adoption of minimally invasive surgical procedures, increased focus on developing advanced products, rising incidences of skin diseases, and rising prevalence polycystic ovary syndrome (pcos).
The cosmetic lasers market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising urbanization, rising ageing population, increased focus on developing advanced products, a rise in demand for body contouring, and rising disposable personal income . Major trends in the forecast period include invest in developing iot (internet of things) linked cosmetic laser devices, consider providing robotic cosmetic laser systems, invest in 3d printing technology, focus on developing advanced products, and consider strategic acquisition.
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Segmentation & Regional Insights
The cosmetic lasers market covered in this report is segmented –
1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Laser: YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Other Lasers
3) By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Other Applications
4) By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre
North America was the largest region in the cosmetic lasers market in 2023. Asia-Pacific was the second largest market in the cosmetic lasers market. The regions covered in the cosmetic lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising urbanization all over the globe is significantly contributing to the growth of the cosmetic lasers market in the forecast period. Urbanization refers to the population movement from a rural to an urban setting and increasing human population densities in urban areas. Growth in urbanization is increasing focus on body appearance, beauty and health consciousness which will further drive the cosmetic lasers market growth. For instance, according to the Department of Economic and Social Affairs, United Nations, 68% of the world’s population i.e. 2.5 billion people are projected to live in urban areas by 2050. Therefore, rising urbanization all over the globe is expected to drive the cosmetic lasers market.
Key Industry Players
Major companies operating in the cosmetic lasers market report are Cynosure Inc., Lumenis, Candela Medical, Solta Medical International Inc., Cutera Inc., El.En. SpA, Alma Lasers Ltd., Sciton Inc., Aerolase Corporation, Lynton Lasers Ltd., Evolve Med Spa, Cosderma, Beijing ADSS Development Co. Ltd, Array Medical, China Daheng Group Inc., Guangzhou Graceful Beauty Equipment Co. Ltd, Sincoheren IPL Laser Aesthetic Inc., Aman Tokyo Spa, Trumps Spa, Chuan Spa, Shanghai Fosun Pharmaceutical (group) co. ltd., LASERAID UK, Laser And Asthetics, Polaris Medical, All4lasers, Exerter Medical, Lanserhof, Ritz Carlton, Clarins, Fonteverde, Lefay Resort & Spa Lago Di Garda, Chelsea Day Spa, Nirvana Spa, Four Seasons Spa, The Bulgari Spa, Thermae Bath Spa, Terme Di Saturnia, L’Oreal, The Massage Company, ADSS lasers, Medicalliance, Jeisys, ASP medica, Alto Senso, Amoveo Spa, Vremya SPA, Karuna Spa, Expat Salon, Carolline Thai Spa, Oasis Beauty Day Spa, Isla Masaż & Spa, Aerolase, Strata Skin Sciences, Viora, Bausch Health, MicroAire Surgical, Fotona LLC, Galderma Laboratories LP, Syneron Medical Inc., Arak Medical Equipment Company, De Nova Laser Cosmetic Center, Premium Cosmetic Laser Center, Cosmolaser Medical Centre, Dubai Derma, Derma zone Laser & Cosmetic Center, Royalty Laser Cosmetic Center, Majestic Dermatology, Grandville Medical Group, Nigermed Skin Care, Sternlaser, Technolase Medical Laser Technologies, BSE Aesthetics, Ghana Medical Beauty Equipment, Sudan Diode Laser Machine, BASF, Elana Jade Beauty Spa
The cosmetic lasers market report table of contents includes:
1. Executive Summary
2. Cosmetic Lasers Market Characteristics
3. Cosmetic Lasers Market Trends And Strategies
4. Cosmetic Lasers Market – Macro Economic Scenario
5. Global Cosmetic Lasers Market Size and Growth
…
32. Global Cosmetic Lasers Market Competitive Benchmarking
33. Global Cosmetic Lasers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cosmetic Lasers Market
35. Cosmetic Lasers Market Future Outlook and Potential Analysis
36. Appendix
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