EMR’s new report titled ‘Global Aesthetic/Cosmetic Lasers Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Aesthetic/Cosmetic Lasers market, assessing the market based on its segments such as terms, products, applications, end users and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 7%
The aesthetic/cosmetic laser market is expected to be driven by increased awareness of beauty and personal care, rising revenue, technological improvements enabling effective treatment systems, and availability of non-invasive procedures. The skyrocketing adoption of non-invasive procedures, high adoption of cosmetic procedures, developments in laser technology, increased attention to body appearance, growth in the number of private clinics and surgeons providing these treatments, increasing cases of skin damage, increase in medical tourism and ever-changing lifestyles, and reduction in procedural expenses are propelling the growth of the aesthetic/cosmetic laser market. Additionally, easy availability of cosmetic lasers, higher number of the target population and favorable reimbursement in the healthcare system are the factors estimated to fuel the growth of the market.
Industry definition and major segments
Using immediate, short, focused, pulsating water rays, laser and light-based skin therapy, also known as facial laser resurfacing or skin therapy, can help reduce forms, blemishes, wrinkles and pigmentation, such as sunspots and freckles. An increase in surplus income is a critical element that drives market expansion.
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By modality, the market is segmented into:
- Autonomous lasers
- Carbon dioxide (Co2) laser
- Erbium YAG Laser (Er:YAG)
- Diode lasers
- Pulsed dye lasers
- Neodymium: Yttrium-Aluminium-Garnet (Nd:YAG) Laser
- Alexandrite Lasers
- Cross-platform lasers
By product, the market is categorized into:
- Ablative lasers
- Non-ablative lasers
By Application, the market is split into:
- Hair removal
- Skin rejuvenation
- Vascular lesions, acne and scars
- Pigmented lesion and tattoo removal
- Legs and varicose veins
By End User, the market is segmented into:
- Private clinics
- Medical spas
On the basis of region, the market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Laser hair removal is one of the most common cosmetic procedures. After the onset of adolescence, men and women of various ages seek treatment all over the world. Improvements in technology have enabled faster, more convenient and more cost-effective operations, resulting in more people opting for such treatments. Hair removal is a rapidly growing category, which is expected to drive the market. Multi-platform lasers, which offer clinicians the flexibility and versatility of multiple stand-alone systems in a single package and provide combination therapy to synergistically treat a single indication or provide treatment addressing multiple elements of any indication, are at driving the strong growth of this segment over the forecast period.
Main market players
The major market players are Cynosure, LLC, Candela Corporation, Lumenis Be Ltd., Cutera, Inc., El.En. SpA and Alma Lasers GMBH. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.