Cosmetic or aesthetic lasers are medical devices that utilize the selective photothermolysis approach to perform cosmetic treatments. By delivering a focused light beam of a specific wavelength, these lasers create a thermal effect that selectively destroys unwanted cells. They are utilized for various procedures such as tattoo removal, wrinkle reduction, acne and scar removal, hair removal, and skin rejuvenation. The acne and scar removal segment is expected to grow, particularly for treating sun damage, melasma, and age spots. Laser treatments can be categorized as ablative, which removes the top layer of damaged skin, or non-ablative, which targets deeper layers without harming the surface. Aesthetic lasers find applications in treating wrinkles, unwanted hair, pigmented lesions, and tattoos.
According to Data Bridge Market Research, the Aesthetic Cosmetic Lasers Market accounted for USD 536.46 million in 2021 and is expected to reach USD 1,400.0 million by 2029. The market is expected to grow with a CAGR of 11.3% in the forecast period of 2022 to 2029.
“Growing aesthetic procedures boosts the market’s growth”
The market for aesthetic cosmetic lasers is experiencing growth propelled by the increasing number of aesthetic procedures being performed. The rising demand for these procedures contributes to expanding the market as more individuals seek cosmetic enhancements. Aesthetic cosmetic lasers are crucial in various treatments, such as hair removal, skin rejuvenation, tattoo removal, and scar reduction. As the popularity of these procedures continues to grow, the market for aesthetic cosmetic lasers is expected to witness further development and advancement.
What restraints the growth of the aesthetic cosmetic lasers market?
“Stringent guidelines and regulations restraints the market’s growth”
The aesthetic cosmetic lasers market faces constraints due to stringent guidelines and regulations. These guidelines are in place to ensure the safety and efficacy of laser procedures, protecting patient health and preventing misuse. Compliance with these regulations requires manufacturers and practitioners to meet specific standards, conduct proper training, and adhere to strict protocols. While these guidelines are crucial for patient safety, they can impose limitations on market growth, as they may increase the complexity and cost of developing and implementing laser technologies for aesthetic procedures.
Segmentation: Aesthetic Cosmetic Lasers Market
The aesthetic cosmetic lasers market is segmented on the basis of type, application, and end-user.
- On the basis of type, the aesthetic cosmetic lasers market has been segmented into standalone lasers and multiplatform lasers.
- On the basis of application, the aesthetic cosmetic lasers market has been 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 has been segmented into private clinics, hospitals, and medical spas.
Regional Insights: North America dominates the aesthetic cosmetic lasers market
North America dominates the aesthetic cosmetic lasers market due to many manufacturers, rising demand for aesthetic laser procedures, and the widespread adoption of minimally invasive devices. These factors contribute to the overall expansion of the market in the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 owing to the rapid population growth, increasing awareness of the benefits of laser procedures, and a rise in medical tourism. These factors collectively contribute to the expansion of the market within the region.
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Recent Developments
- In June 2021, Bausch Health Companies Inc. and Solta Medical introduced the Clear + Brilliant Touch laser in the United States. This advanced, next-generation Clear + Brilliant laser system provides a customized and comprehensive treatment approach utilizing two different wavelengths. This allows patients of all ages and skin types to experience the benefits of this innovative technology.
- In January 2020, Lumenis Ltd., a global leader in energy-based medical devices for aesthetic, surgical, and ophthalmic applications, launched its latest platform, the LightSheer Quattro. As a new addition to Lumenis' premium LightSheer family, the LightSheer Quattro offers scientifically proven laser hair removal treatments with minimal downtime for all skin types using 805nm or 1060nm wavelengths. Additionally, it provides treatment for pigmented and vascular lesions. The combination of High Speed Vacuum aided technology and ChillTipTM Integrated Contact cooling technology ensures effective, rapid, and safe therapies, delivering pleasant patient experiences. The upgradeable LightSheer Quattro system is valuable for established and new MedSpas or Medical Offices.
The Prominent Key Players Operating in the Aesthetic Cosmetic Lasers Market Include:
- 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.)
- Bausch Health Companies Inc. (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of aesthetic cosmetic lasers market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Aesthetic Cosmetic Lasers Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
