Aesthetic/Cosmetic Lasers Market, By Type (Standalone Lasers, and Multiplatform Lasers), By Application (Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne & Scars, Pigmented Lesion & Tattoo Removal, Leg and Varicose Veins, and Other Applications), By End User (Private Clinics, Hospitals, and Medical spas), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI461521 | Publish Date: December 2022 | No. of Pages: 198

Global Aesthetic Cosmetic Lasers Market Overview

Aesthetic/Cosmetic Lasers Market Size was valued at USD 4.4 billion in 2024 and is projected to grow at a CAGR of 17.0% to reach USD 18.5 billion by 2034.

The cosmetic industry has found new bioactive and high potency ingredients, which offer noticeable skin benefits to consumers. Cosmetic laser is a therapy that reduces facial wrinkles and skin irregularities, such as blemishes or acne scars. This technique directs brief, concentrated pulsating beams of light on uneven surfaces of skin, which precisely removes skin layer by layer and is also known as lasabrasion technique, laser peel, or laser vaporization. It is used to treat many medical conditions such as aging skin problems, age spots, fine lines, wrinkles on the face birthmarks, spider veins, droopy, dry, sagging eyelid skin, and dark circles. Further, it can also be used in uneven skin tone correction and texture, smokers’ line, vascular lesions, and skin tightening.

Impact of COVID19 Pandemic on Market

At the starting of 2020, COVID-19 disease began to spread around the world. During the time of pre-pandemic, cosmetic surgeons, plastic surgeons, and skin specialist had fruitful business. But, as the coronavirus prevalence covered the world prominently, the lockdown restrictions and ban of flights have slow down the demand for this market. During lackdowns, the patients are stopped from benefitting unnecessary amenities because of movement changes. Also the pharmaceutical companies tied up with skincare products manufacturing are being affected by pandemic. Hence these factors have shown a negative impact on market. 

Global Aesthetic Cosmetic Lasers Market Dynamics

Rising implementation of non-invasive aesthetic processes

Various technological advancements in skin rejuvenation & appearance are the major factors driving demand for esthetic procedures in developed as well as developing markets. The trend of adoption of innovative and advanced surgical devices in the esthetics market is responsible for growth. Significant increase in the preference for non-aesthetic procedures and technical advancements in laser technology are the major factors that drive the cosmetic laser market growth. Adoption of the non-invasive procedures, rise in cases of skin damages, increase in medical tourism & ever-changing lifestyles, and reduced procedural expenses propel the growth of cosmetics laser market. Other factors such as enhanced implementation of aesthetic procedures, development of laser technology, increased focus on body appearance among both men and women, and high disposable income in developing economies fuel the growth of target market.

However, factors such as less emphasis of manufacturers on aesthetic devices, strict regulations by governments on the usage of cosmetic lasers, and lack of reimbursement are anticipated to hamper the growth of cosmetic lasers market.

Global Aesthetic Cosmetic Lasers Market Segmentation

The aesthetic/laser market is segmented based on the type, application, and region. Base on the type, the global market is segmented into standalone lasers, and multiplatform lasers. Standalone lasers segment lead the global cosmetic lasers market due to its ease of use. The increasing adoption of aesthetic treatments and increasing demand of non-invasive cosmetic procedures is driving the growth of this market. Based on the application, the global market is segmented into hair removal, skin rejuvenation, vascular lesions, acne & scars, pigmented lesion & tattoo removal, leg and varicose veins, and other applications. The hair removal segment leads the global market due to increase cases of PCOD/PCOS and hirsutism leading to unwanted hair growth across the globe.

Depending upon end-user the target market is segmented into Private Clinics, Hospitals, and Medical spas. Private clinics segment is expected to grow at a faster rate during the coming years, due to increase in the number of beauty/private clinics globally.

Regional Insights

According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2019 and the trend is expected to continue during the next years. Surge in awareness and adoption of various non-invasive esthetic services, improving health care infrastructure, and rise in incidence of skin disorders are anticipated to boost the growth of the market in the region. Moreover, increase in demand for cosmetic treatments among the male population and access to user-friendly esthetic devices are the key factors fuelling the growth of the esthetic lasers market in the coming future.

Attribute

Details

The base year for estimation

2023

Forecast Period

2024 - 2034

Market Representation

Revenue in USD Billion & CAGR from 2024-2034

Market Segmentation

By Type - Standalone Lasers, and Multiplatform Lasers

By Application - Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne & Scars, Pigmented Lesion & Tattoo Removal, Leg and Varicose Veins, and Other Applications

By End User - Private Clinics, Hospitals, and Medical spas

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

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.  For the purpose of this study, has segmented the global aesthetic/laser market report based on type, application end-user and region.

Global Aesthetic/Cosmetic Lasers Market, By Type

  • Standalone Lasers
  • Multiplatform Laser

Global Aesthetic/Cosmetic Lasers Market, By Application

  • Hair Removal
  • Skin Rejuvenation
  • Vascular Lesions
  • Acne & Scars
  • Pigmented Lesion & Tattoo Removal
  • Leg and Varicose Veins
  • Other Applications

Global Aesthetic/Cosmetic Lasers Market, By End User

  • Private Clinics
  • Hospitals
  • Medical spas

Global Aesthetic/Cosmetic Lasers Market, By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Aesthetic Cosmetic Lasers Market Key Players

Key players operating in the global esthetic lasers and energy devices market include Syneron Medical Ltd., Alcon Inc., Novartis AG, Cynosure Inc., Deka Laser, Alma Lasers Ltd., Cutera, Lumenis Ltd., Sciton Inc., and Chromogenex Technologies Ltd.

Global Aesthetic Cosmetic Lasers Market Company Profile

Syneron Medical Ltd.

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies
  • Alcon Inc.
  • Novartis AG
  • Cynosure Inc.
  • Deka Laser
  • Alma Lasers Ltd.
  • Cutera
  • Lumenis Ltd.
  • Sciton Inc.
  • Chromogenex Technologies Ltd.

Global Aesthetic Cosmetic Lasers Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Aesthetic/Laser Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market segmentation, By Type, 2024 – 2034, (US$ Bn)
    • Standalone Lasers
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Multiplatform Lasers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  6. Market segmentation, By Application, 2024 – 2034, (US$ Bn)
    • Hair Removal
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Skin Rejuvenation
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Vascular Lesions
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Acne & Scars
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Pigmented Lesion & Tattoo Removal
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Leg and Varicose Veins
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Other Applications
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  7. Market segmentation, By End-user, 2024 – 2034, (US$ Bn)
    • Private Clinics, , and
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Medical spas
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  8. Global Market, By Region, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By End-user, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By End-user, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By End-user, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By End-user, 2024 – 2034
      • Market Size  and Forecast (US$ Bn), By Country, 2024 – 2034
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By End-user, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
    •  
      • Syneron Medical Ltd.
        • Company Overview
        • Type Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Alcon Inc.
      • Novartis AG
      • Cynosure Inc.
      • Deka Laser
      • Alma Lasers Ltd.
      • Cutera
      • Lumenis Ltd.
      • Sciton Inc.
      • Chromogenex Technologies Ltd.
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The aesthetic/laser market accounted for 1023.0 billion in 2020 and is estimated to be US$ 2785.97 million by 2030 and is anticipated to register a CAGR of 10.5%.

The market report has been segmented on the basis of type, application, end-user and region.

Emerging trends include the development of advanced laser technologies for aesthetic applications, the rising demand for non-invasive cosmetic procedures, and the expansion of laser treatments for various skin concerns, presenting significant opportunities in the global Aesthetic/Cosmetic Lasers Market.

Factors driving the market include the growing focus on aesthetics and beauty, advancements in laser technology for enhanced safety and efficacy, the increasing consumer awareness of non-surgical cosmetic solutions, and the rise in disposable income contributing to higher demand for aesthetic treatments.

The report covers regions worldwide. North America is expected to dominate the Aesthetic/Cosmetic Lasers Market, driven by a high demand for cosmetic procedures, a well-established healthcare and aesthetic industry, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.

The prominent player operating in the global aesthetic/laser market includes Syneron Medical Ltd., Alcon Inc., Novartis AG, Cynosure Inc., Deka Laser, Alma Lasers Ltd., Cutera, Lumenis Ltd., Sciton Inc., and Chromogenex Technologies Ltd.