Global Cosmetic Laser Market Trends, Latest Techniques, Key Segments And Geography Forecasts Till 2028

Global cosmetic laser market was valued at US$ 2.31 billion in 2021, and it is expected to reach a value of US$ 6.81 billion by 2028, at a CAGR of more than 16.70% over the forecast period (2022- 2028).

The demand for #laser is expected to grow rapidly due to the ageing of baby #boomers and the prevalence of surplus income among the middle class to spend on #cosmetic #surgeries. The growing #popularity of #radiofrequency-based treatments is also driving the cosmetic laser market. Picoway, LaseMD, FraxPro, and Pixel CO2 radiofrequency-based devices are gaining popularity because they are non-invasive and effective in treating a wide range of skin conditions. The PicoWay laser platform from Candela #Medical has a high peak power and ultra-short pulse durations for a photoacoustic effect. The platform is used to remove tattoos, rejuvenate and tone the skin, and treat pigmented lesions.

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Global Cosmetic Laser Market Segmental Analysis

The #global cosmetic laser #market is segmented based on the type, application, end user and region. Based on the type, it is bifurcated into ablative, and non-ablative. Based on application, it is segmented into hair removal, skin resurfacing, vascular lesions, scar and acne removal, body contouring, and others. Based on end user, it is segmented into hospitals, #skincare #clinics, and cosmetic surgical centers. Based on region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

By?Type:

• Ablative, Non-Ablative

By?Application:

#hairremoval , Skin Resurfacing, Vascular Lesions, #Scar, Acne Removal, Body Contouring, Others

By?End User:

• Hospitals, Skin Care Clinics, Cosmetic Surgical Centers

Global Cosmetic Laser Market Dynamics

Driver

Technologically Advanced and Procedure-Specific Cosmetic Laser Systems

• The introduction of technologically advanced and procedure-specific cosmetic laser systems is primarily attracting females to undergo aesthetic procedures such as acne reduction, hair removal, and so on. Rising demand for procedure-specific laser treatments is influencing key market players to launch novel energy-based cosmetic laser systems in the market, driving the growth of the cosmetic laser market during the forecast period. One of the factors influencing people to seek out minimally invasive cosmetic laser procedures such as hair removal, acne reduction, skin tightening, and others is the increasing value placed on physical appearance. This factor is expected to increase the demand for cosmetic laser, boosting market growth.

Increasing Obesity and the Prevalence of Skin Conditions to Drive Market Growth

• People in developed and developing countries are becoming more obese as a result of sedentary lifestyles, prompting them to seek body restructuring or reshaping treatments. Laser' minimally invasive and quick action is enticing patients to undergo a variety of cosmetic procedures. This is one of the major factors that will likely drive demand for cosmetic laser. One of the reasons for the increased use of cosmetic laser for treatment is the rising prevalence of skin disease or skin conditions such as rosacea and others. As a result, the demand for minimally invasive energy-based cosmetic laser is increasing.

Top Company Profiles

• Aerolase (US)
• Alma Lasers , (Israel)
• Cutera, Inc. , (US)
• Cynosure, LLC. , (US)
• Lumenis (Israel)
• Sciton , (US)
• Ami Industries Vatva , INC. (US)
• CHISON MEDICAL (China)
• SharpLight Technologies Inc., (Canada)
• Aerolase (US)
• Bausch & Lomb Incorporated (Canada)
• Candela Medical (US)
• Bausch Health Companies Inc., (Canada)

Recent Developments

• In June 2021, Sciton Inc. announced the launch of mJOULE, the company's latest dual-wavelength platform, in the United Kingdom. This platform incorporates BBL HERO and MOXI technologies, which were developed in response to a changing market demand for less time-consuming treatments with greater impact.
• In June 2021, The Clear + Brilliant Touch laser, which offers patients of all ages and skin types the benefits of two wavelengths for a more tailored and thorough treatment procedure, has been launched in the United States by Bausch Health Companies Inc. and Solta Medical.

Global Cosmetic Laser Key Market Trends

• One of the major factors driving the growth of the cosmetic laser market is an increase in the number of skin problems. Expansion in the cosmetic industry and increased population awareness about physical appearance are two factors that are expected to drive demand for procedure-specific cosmetic laser. The number of people undergoing minimally invasive cosmetic procedures is expected to rise as a result of this. One of the primary factors driving the demand for cosmetic laser in specialty clinics is this.

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