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Aesthetic Laser Device Market Size, Share & Trends Estimation Reports By Type Outlook (Hair Removal Lasers, Skin Rejuvenation Lasers, Ablative lasers, Fractional lasers), By Application Outlook (Skin rejuvenation, Hair removal, Acne Treatment), By Region and Outlook 2023-2030.
Global Aesthetic Laser Device Market size was valued at USD 16.3 billion in 2022 and is projected to reach USD 25.3 billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030.
Aesthetic Laser Device Market Overview:
The aesthetic laser device market is a segment of the medical device market that includes devices that use laser technology to improve the appearance of the skin. These devices are used for a variety of purposes, including skin rejuvenation, hair removal, tattoo removal, and the treatment of skin conditions such as acne and wrinkles.
Aesthetic laser devices work by emitting light energy that is absorbed by the skin. This energy causes the skin to heat up, which damages the cells that are responsible for the appearance of wrinkles, age spots, and other signs of aging. The damaged cells are then removed by the body's immune system.
Aesthetic laser devices are a popular choice for people who want to improve the appearance of their skin without undergoing surgery. They are also a good option for people who have skin conditions that can be treated with laser therapy.
The aesthetic laser device market is expected to grow in the coming years due to the increasing demand for non-surgical cosmetic procedures. The market is also expected to benefit from the rising popularity of laser hair removal and the growing adoption of aesthetic laser devices in dermatology and plastic surgery.
The aesthetic laser device market refers to the segment of the medical and cosmetic industry that involves the development, production, and distribution of advanced laser-based technologies and devices used for various aesthetic and cosmetic procedures. These procedures are typically non-invasive or minimally invasive and are aimed at improving the appearance of the skin, reducing signs of aging, and addressing various cosmetic concerns.
KEY INDUSTRY DEVELOPMENTS:
- June 2021 - Sciton Inc. announced the launch of mJOULE, a dual-wavelength latest platform in the United Kingdom. This platform features BBL HERO and MOXI technologies created according to a changing market that desires less time-consuming treatments and more significant results.
- November 2020 - Lutronic announced the launch of Accufit, the company's new device for targeted muscle activation to strengthen and sculpt muscle in the abdomen, obliques, and buttocks. The company's core strength is the development of intelligent laser and energy-based systems.
- June 2020 - Cynosure unveiled Elite iQ platform in the United States, Europe, and Australia market. It is an aesthetic workstation for laser hair removal and skin revitalization. This platform offers customized laser hair removal treatments and permanently reduces unwanted hair for all skin types.
Major Market Segments Covered in Aesthetic Laser Device Market Research:
Market Key Players:
- Cynosure
- Alma Lasers
- Syneron Medical
- Cutera
- Solta Medical
- Lumenis
- Fotona
- Sciton
Key Vendors:
- Cynosure (a subsidiary of Hologic):
- Cynosure is a leading manufacturer of medical aesthetic devices, including lasers, energy-based devices, and other technologies for a wide range of cosmetic and medical applications. Their product portfolio includes devices for laser hair removal, body contouring, skin rejuvenation, tattoo removal, and more. Acquired by Hologic in 2017, Cynosure continues to innovate in the field of aesthetic treatments.
- Alma Lasers:
- Alma Lasers is a global provider of laser, light-based, radiofrequency, and ultrasound solutions for various aesthetic and medical applications. They offer a comprehensive range of devices for skin rejuvenation, body contouring, hair removal, tattoo removal, and vascular treatments. Alma Lasers is known for its emphasis on cutting-edge technology and clinical research.
- Syneron Medical (now part of Candela Corporation):
- Syneron Medical, now part of Candela Corporation, specializes in developing and manufacturing aesthetic medical devices that utilize various energy-based technologies. They offer a diverse range of devices for hair removal, wrinkle reduction, skin tightening, body contouring, and vascular treatments. The merger with Candela further strengthened their position in the aesthetic industry.
- Cutera:
- Cutera is a company that designs, manufactures, and markets energy-based aesthetic systems for medical professionals. Their product line includes devices for laser hair removal, skin revitalization, vascular treatments, and body contouring. Cutera is known for its focus on providing advanced technology and customizable treatment solutions.
- Solta Medical (a subsidiary of Bausch Health Companies):
- Solta Medical, a subsidiary of Bausch Health Companies, is a provider of innovative energy-based medical device systems. They offer a variety of aesthetic solutions, including devices for skin resurfacing, wrinkle reduction, body contouring, and acne treatment. Their products are designed to address a wide range of skin concerns.
Based on Types:
- Hair Removal Lasers
- Skin Rejuvenation Lasers
- Ablative lasers
- Fractional lasers
Hair Removal Lasers: Hair removal lasers emit a beam of light that is absorbed by the hair follicle. This heat damages the hair follicle, preventing the hair from growing back. Hair removal lasers are a popular option for people who want to permanently remove unwanted hair.
Skin Rejuvenation Lasers: Skin rejuvenation lasers emit a beam of light that heats up the skin. This heat stimulates collagen production, which can improve the appearance of the skin by reducing wrinkles, age spots, and other signs of aging. Skin rejuvenation lasers are a popular option for people who want to improve the appearance of their skin without undergoing surgery.
Ablative Lasers: Ablative lasers remove skin tissue by emitting a beam of light that vaporizes the skin. This can be used to treat a variety of skin conditions, including acne, wrinkles, and age spots. Ablative lasers are also used for tattoo removal.
Fractional Lasers: Fractional lasers emit a beam of light that is divided into small, overlapping spots. This allows the laser to treat only a portion of the skin at a time, which reduces the risk of side effects. Fractional lasers are used for procedures such as skin rejuvenation, acne treatment, and scar removal.
Based on Applications:
- Skin rejuvenation
- Hair removal
- Acne Treatment
Skin Rejuvenation: Skin rejuvenation lasers emit a beam of light that heats up the skin. This heat stimulates collagen production, which can improve the appearance of the skin by reducing wrinkles, age spots, and other signs of aging. Skin rejuvenation lasers are a popular option for people who want to improve the appearance of their skin without undergoing surgery.
Hair Removal: Hair removal lasers emit a beam of light that is absorbed by the hair follicle. This heat damages the hair follicle, preventing the hair from growing back. Hair removal lasers are a popular option for people who want to permanently remove unwanted hair.
Acne Treatment: Lasers can be used to treat acne in a variety of ways. One way is to use a laser to destroy the bacteria that cause acne. Another way is to use a laser to remove excess oil from the skin. Lasers can also be used to reduce the size of pores and improve the overall appearance of the skin.
North America: North America is the largest market for aesthetic laser devices, accounting for over 35% of the global market share. The growth of the market in North America is being driven by the increasing demand for non-surgical cosmetic procedures, the rising popularity of laser hair removal, and the growing adoption of aesthetic laser devices in dermatology and plastic surgery.
Europe: Europe is the second-largest market for aesthetic laser devices, accounting for over 25% of the global market share. The growth of the market in Europe is being driven by similar factors to those in North America, as well as the increasing awareness of the benefits of aesthetic laser devices.
Asia Pacific: Asia Pacific is the third-largest market for aesthetic laser devices, accounting for over 20% of the global market share. The growth of the market in Asia Pacific is being driven by the growing middle class, the increasing demand for Western beauty products, and the rising adoption of aesthetic laser devices in medical spas and clinics.
Latin America: Latin America is the fourth-largest market for aesthetic laser devices, accounting for over 10% of the global market share. The growth of the market in Latin America is being driven by the increasing popularity of non-surgical cosmetic procedures, the rising awareness of the benefits of aesthetic laser devices, and the growing number of aesthetic laser clinics in the region.
Middle East & Africa: Middle East & Africa is the smallest market for aesthetic laser devices, accounting for less than 5% of the global market share. However, the market is expected to grow at a faster rate than other regions in the coming years. This is due to the increasing demand for non-surgical cosmetic procedures in the region, as well as the growing number of aesthetic laser clinics.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Dynamics
- Increasing demand for non-surgical cosmetic procedures: The demand for non-surgical cosmetic procedures is increasing, as people are looking for ways to improve their appearance without undergoing surgery. Aesthetic laser devices are a popular option for non-surgical cosmetic procedures, as they are effective and relatively safe.
- Rising popularity of laser hair removal: Laser hair removal is a popular aesthetic laser procedure, as it is a permanent way to remove unwanted hair. The demand for laser hair removal is increasing, as people are looking for ways to remove unwanted hair without having to shave or wax.
- Growing adoption of aesthetic laser devices in dermatology and plastic surgery: Aesthetic laser devices are increasingly being adopted in dermatology and plastic surgery. These devices can be used to treat a variety of skin conditions, including wrinkles, age spots, and acne. They can also be used to perform cosmetic procedures, such as skin resurfacing and laser hair removal.
Restraints
- High cost of aesthetic laser devices: Aesthetic laser devices can be expensive, which can be a barrier to entry for some people.
- Side effects of aesthetic laser devices: Aesthetic laser devices can have side effects, such as redness, swelling, and bruising. These side effects are usually mild and go away on their own. However, some people may experience more serious side effects, such as scarring.
Drivers
- Growing awareness of the benefits of aesthetic laser devices: The awareness of the benefits of aesthetic laser devices is increasing, as people are learning about the effectiveness and safety of these devices.
- Advances in laser technology: Advances in laser technology are making aesthetic laser devices more effective and safer. This is driving the growth of the market.
- Growing demand from emerging markets: The demand for aesthetic laser devices is growing in emerging markets, as people in these markets are becoming more affluent and are looking for ways to improve their appearance.
Trends
- The rise of fractional lasers: Fractional lasers are a type of laser that delivers energy in a fractionated manner, which means that only a portion of the skin is treated at a time. This reduces the risk of side effects and allows for faster healing. Fractional lasers are becoming increasingly popular for a variety of aesthetic laser procedures.
- The development of new and innovative aesthetic laser devices: There is a constant development of new and innovative aesthetic laser devices. These devices are becoming more effective and safer, which is driving the growth of the market.
- The growing popularity of home-use aesthetic laser devices: Home-use aesthetic laser devices are becoming increasingly popular. These devices are less expensive than professional-grade aesthetic laser devices and can be used to treat a variety of skin conditions.
Challenges
- The regulatory environment: The regulatory environment for aesthetic laser devices can be complex. This can make it difficult for companies to bring new products to market.
- Competition from other aesthetic treatments: There is a growing number of alternative aesthetic treatments available, such as injectables and skincare products. This competition can make it difficult for aesthetic laser devices to maintain their market share.
Opportunities
- The growth of the online market: The online market for aesthetic laser devices is growing rapidly. This is an opportunity for companies to reach a wider audience and sell their products directly to consumers.
- The development of new applications for aesthetic laser devices: There are a number of new applications for aesthetic laser devices being developed. These applications could drive the growth of the market in the future.
Scope of Reports:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | USD 25.3 billion |
Growth Rate | CAGR of 7.2% from 2023 to 2030 |
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By Application |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope |
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Conclusion:
In conclusion, the aesthetic laser devices market is a dynamic and rapidly evolving segment of the medical and cosmetic industry, offering a wide array of advanced technologies and solutions for various aesthetic and dermatological treatments. Aesthetic laser devices have transformed the way individuals approach cosmetic enhancement and skin care, providing effective and often minimally invasive alternatives to traditional surgical procedures.