Global Cosmetic Lasers Market Size 2024, Forecast To 2033
11 Mar, 2024
The cosmetic lasers market size has exhibited robust growth, ascending from $1.68 billion in 2023 to $1.79 billion in 2024, with a compound annual growth rate (CAGR) of 6.8%. The historic period's growth is attributed to the expansion of cosmetic procedures, the rise in medical tourism, increased adoption of minimally invasive surgical procedures, development of advanced products, and the prevalence of skin diseases like polycystic ovary syndrome (PCOS). Foreseeing the future, the cosmetic lasers market is anticipated to witness substantial growth, reaching $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. This growth in the forecast period is driven by increasing urbanization, an aging population, development of advanced products, growing demand for body contouring, and rising disposable personal income. Major trends include investments in IoT-linked cosmetic laser devices, robotic cosmetic laser systems, 3D printing technology, advanced product development, and strategic acquisitions.
Global Cosmetic Lasers Market Key Driver
The global surge in urbanization stands out as a substantial contributor to the growth of the cosmetic lasers market in the projected period. Urbanization, denoting the migration of populations from rural to urban areas and the subsequent rise in urban population densities, is driving increased attention to body appearance, beauty, and health consciousness. By 2050, the Department of Economic and Social Affairs, United Nations, projects that 68% of the world's population, accounting for 2.5 billion people, will reside in urban areas. This unprecedented urbanization trend is anticipated to fuel the cosmetic lasers market, reflecting the growing emphasis on aesthetic and health-related concerns. The market size values for 2023, 2024, and 2028 align with this urbanization-driven growth in the cosmetic lasers market.
Get A Free Sample Of The Global Cosmetic Lasers Market ReportGlobal Cosmetic Lasers Market Segments
The cosmetic lasers market covered in this report is segmented –
1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Laser: YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Other Lasers
3) By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Other Applications
4) By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre
By Geography:The regions covered in the cosmetic lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the cosmetic lasers market in 2023. Asia-Pacific was the second largest market in the cosmetic lasers market. The regions covered in the cosmetic lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Cosmetic Lasers Industry Players
Cynosure Inc., Lumenis, Candela Medical, Solta Medical International Inc., Cutera Inc., El.En. SpA, Alma Lasers Ltd., Sciton Inc., Aerolase Corporation, Lynton Lasers Ltd., Evolve Med Spa, Cosderma, Beijing ADSS Development Co. Ltd, Array Medical, China Daheng Group Inc., Guangzhou Graceful Beauty Equipment Co. Ltd, Sincoheren IPL Laser Aesthetic Inc., Aman Tokyo Spa, Trumps Spa, Chuan Spa, Shanghai Fosun Pharmaceutical (group) co. ltd., LASERAID UK, Laser And Asthetics, Polaris Medical, All4lasers, Exerter Medical, Lanserhof, Ritz Carlton, Clarins, Fonteverde, Lefay Resort & Spa Lago Di Garda, Chelsea Day Spa, Nirvana Spa, Four Seasons Spa, The Bulgari Spa, Thermae Bath Spa, Terme Di Saturnia, L'Oreal, The Massage Company, ADSS lasers, Medicalliance, Jeisys, ASP medica, Alto Senso, Amoveo Spa, Vremya SPA, Karuna Spa, Expat Salon, Carolline Thai Spa, Oasis Beauty Day Spa, Isla Masaz & Spa, Aerolase, Strata Skin Sciences, Viora, Bausch Health, MicroAire Surgical, Fotona LLC, Galderma Laboratories LP, Syneron Medical Inc., Arak Medical Equipment Company, De Nova Laser Cosmetic Center, Premium Cosmetic Laser Center, Cosmolaser Medical Centre, Dubai Derma, Derma zone Laser & Cosmetic Center, Royalty Laser Cosmetic Center, Majestic Dermatology, Grandville Medical Group, Nigermed Skin Care, Sternlaser, Technolase Medical Laser Technologies, BSE Aesthetics, Ghana Medical Beauty Equipment, Sudan Diode Laser Machine, BASF, Elana Jade Beauty Spa
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Cosmetic Lasers Market Overview
A cosmetic laser is a device used to reduce facial wrinkles and skin irregularities, such as acne scars or blemishes. Cosmetic lasers are also used for removing unwanted hair from the body by beaming highly concentrated light into the hair follicles.
Cosmetic Lasers Global Market Report 2023 provides data on the global cosmetic lasers market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cosmetic lasers market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.