Aesthetic Cosmetic Lasers Market is Registering a CAGR of 11.3% by 2029
Global Aesthetic Cosmetic Lasers Market report has a chapter on the global market and all its associated companies with their profiles, which provides valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The report puts light on the change in the market which is taking place due to the moves of key players and brands such as product launches, joint ventures, mergers and acquisitions that in turn modifies the view of the global face of HELATH industry. Analysis and discussion of important industry trends, market size, market share estimates are also covered in the first class Global Aesthetic Cosmetic Lasers Market report.
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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Over the years, there has been high demand for popular aesthetic procedures due to growing appearance conscious population. Over the course of past five years, the male involvement increased by 43% projected to show substantial growth over the forecasted period. With this rate of increment in the aesthetic/cosmetic procedure, the market will gain traction within the forecasted period.
Market Overveiw:
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.
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Drivers
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.
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Recent Developments
- 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.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
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.
Type
- Standalone Lasers
- Multiplatform Lasers
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.
Application
- Hair Removal
- Skin Rejuvenation
- Vascular Lesions
- Acne and Scars
- Pigmented Lesion and Tattoo Removal
- Leg and Varicose Veins
- Other Applications
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.
End-User
- Private Clinics
- Hospitals
- Medical Spas
On the basis of end-user, the aesthetic cosmetic lasers market is bifurcated into private clinics, hospitals and medical spas.
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Key Players:
Some of the major players operating in the aesthetic cosmetic lasers market are 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) among others.
Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
- What are the key growth parameters for this global market during the forecast period?
- Which key players are expected to hold the largest market share over the forecast period?
- Who are the leading vendors and manufacturers in this market?
- What are the key strategies adopted by leading players in the market for business development and geographical expansion?
- Which end-use industries can trigger high demand in the market over the forecast period?
- What are the key segments in this market?
- Which regional player will have anticipated leading the global market in terms of size?
- What is the impact of the novel coronavirus pandemic?
- Which obstacles must new players overcome in order to occupy a major position?
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