Rockville, Sept. 28, 2023 (GLOBE NEWSWIRE) -- In its recently released research findings by Fact.MR, it is disclosed that the global aesthetic lasers market is estimated to be valued at US$ 3.3 billion in the year 2023. The research also projects worldwide demand for aesthetic lasers to increase at a high-value CAGR of 9.5% between 2023 and 2033.
As individuals across the globe continue to prioritize their personal care and grooming routines, the market for aesthetic lasers finds itself in a position of remarkable growth. The desire to enhance one's natural beauty, combat signs of aging, and address various cosmetic concerns has become a prevalent trend. This trend has been bolstered by advancements in laser technology and the expanding array of non-invasive and minimally invasive procedures offered by aesthetic lasers.
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As the aging population seeks effective anti-aging solutions and younger generations opt for preventative measures, worldwide demand for aesthetic laser treatments is poised to remain on a consistent upward trajectory. This demand is not confined to facial treatments alone but extends to body contouring, hair removal, tattoo removal, and more, offering a diverse range of aesthetic solutions to meet the evolving needs of consumers.
| Report Attributes | Details |
| Value Projection (2033) | US$ 8.2 Billion |
| Growth Rate (2023-2033) | 9.5% CAGR |
| No. of Pages | 170 pages |
| No. of Tables | 84 Tables |
| No. of Figures | 112 Figures |
Key Takeaways from Market Study
- The global aesthetic lasers market is projected to increase at a CAGR of 9.5% through 2033.
- North America held a leading market share of 38% in 2022.
- Hair removal treatments have witnessed a surge in demand over the past few years and accounted for a market share of around 76% in 2022.
- Demand for aesthetic lasers is projected to reach a market value of 8.2 billion by the end of 2033.
- Asia Pacific accounted for a market share of 25% in 2022.
- The non-surgical aesthetic procedures segment is forecasted to expand at a CAGR of 17% over the next ten years.
“In this dynamic market, the convergence of innovation, consumer awareness, and the pursuit of beauty is driving sustained growth, making aesthetic lasers a pivotal component of the beauty and cosmetic industry's continued expansion,” says a Fact.MR analyst.
Key Companies Profiled in This Report
- Alma Lasers
- Candela Medical
- Bausch Health Companies Inc. (Solta Medical)
- Cutera Inc.
- Lumenis Ltd
- Cynosure LLC
- Aerolase Corp.
- Sciton Inc
- SharpLight Technologies Ltd
- Ellex Aesthetic Lasers Ltd
- Lutronic
- Lynton Lasers
- El. En. S.p.A
- Strata Skin Sciences (formerly Mela Science)
- Viora
Rapidly Aging Population and Rising Preference for Non-surgical Procedures
In recent years, there has been a noticeable shift in the global beauty treatments market. More people are seeking out non-surgical, minimally invasive, or non-invasive procedures to enhance their appearance. From non-surgical facelifts to laser therapy for skin rejuvenation, these procedures are shaping the healthcare landscape by offering patients alternatives that align with their preferences.
With escalating demand for anti-aging and skin rejuvenation treatments, aesthetic lasers have become key in meeting these demands. One of the primary factors contributing to this growing demand is the desire to maintain a youthful appearance and combat the signs of aging. As individuals age, their skin undergoes various changes, including the reduction of collagen and elastin production, which leads to the formation of wrinkles and sagging skin.
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Segmentation of Aesthetic Lasers Industry Research
- By Type:
- Ablative
- Non-Ablative
- By Application:
- Hair Removal
- Tattoo Removal
- Body Sculpting/Toning
- Skin Pigmentation
- Skin Rejuvenation
- By End User:
- Clinics
- Medical Spas
- Hospitals
- Dermatologists
- Beauty Centers
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the aesthetic lasers market, presenting forecast statistics for 2023 to 2033.
The study divulges essential insights into the market based on type (ablative, non-ablative), application (hair removal, tattoo removal, body sculpting/toning, skin pigmentation, skin rejuvenation), and end user (clinics, medical spas, hospitals, dermatologists, beauty centers), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Explore More Related Studies Published by Fact.MR Research:
Skin Rejuvenation Devices Market: The market for skin rejuvenation devices stands at US$ 2.1 billion in 2023.
Laser Hair Removal Market: The market for laser hair removal products is estimated at US$ 278.3 million in 2023.
Cosmetic Surgery and Procedure Market: The market for cosmetic surgeries and procedures is predicted to reach US$ 146.5 billion by 2030-end.
About Fact.MR:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we delivers deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empowers businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
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