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Cosmetic Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A4152
Market Overview:
The global cosmetic laser market reached a value of US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2027, exhibiting a CAGR of 14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A cosmetic laser is used in surgical procedures to remove hair, tattoos, scars, sunspots, wrinkles, birthmarks, stretch marks, and spider veins. It relies on precisely focused light sources to treat skin conditions, such as skin resurfacing, hair removal, and improving the appearance of scars, lines, wrinkles, and acne. It offers the advantages of decreased postoperative discomfort, reduced blood loss, minimized risk of wound infection, and better wound healing. Presently, there is a rise in the utilization of newly introduced carbon dioxide (CO2) technology, which aids in deep collagen stimulation and superficial tightening and pigment reduction.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Cosmetic Laser Market Trends:
Rising beauty consciousness among individuals, in confluence with the increasing influence of social media, rapid urbanization, and inflating per capita income, represents one of the key factors catalyzing the demand for cosmetic lasers worldwide. In addition to this, a significant rise in the aging population across the globe, along with the increasing focus on maintaining a youthful appearance, is contributing to market growth. Apart from this, the emerging trend of cosmetic tourism and minimally invasive surgeries (MIS) is influencing the market positively. Moreover, as excessive sun exposure leads to various skin conditions, the demand for cosmetic lasers is escalating among individuals. The growing prevalence of obesity is also propelling the adoption of body contouring devices to tighten lax skin and remove undesired fat from various parts of the body. Furthermore, the introduction of advanced light-based technologies, such as infrared, radiofrequency, intense pulsed light (IPL), and light-emitting diode (LED), is driving the market. The leading manufacturers are also offering hand-held, over-the-counter (OTC) cosmetic laser and light devices for home use, which is creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cosmetic laser market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on modality, product, application and end user.
Breakup by Modality:
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- Pulsed Dye Laser (PDL)
- YAG Laser
- Carbon Dioxide Laser
- Erbium
- Intense Pulsed Light (IPL)
- Radiofrequency
- Infrared
- Others
Breakup by Product:
- Ablative
- Non-Ablative
Breakup by Application:
- Hair Removal
- Skin Resurfacing
- Vascular Lesions
- Scar and Acne Removal
- Body Contouring
- Others
Breakup by End User:
- Hospitals
- Skin Care Clinics
- Cosmetics Surgical Centres
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aerolase Corporation, Candela Corporation (Syneron Medical Ltd.), Cutera, Cynosure, El.En. S.p.A., Lumenis Ltd., Sciton Inc., Shanghai Fosun Pharmaceutical (Group) Co. Ltd., SharpLight Technologies Inc and Solta Medical Inc. (Bausch Health Companies Inc.).
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Modality, Product, Application, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aerolase Corporation, Candela Corporation (Syneron Medical Ltd.), Cutera, Cynosure, El.En. S.p.A., Lumenis Ltd., Sciton Inc., Shanghai Fosun Pharmaceutical (Group) Co. Ltd., SharpLight Technologies Inc and Solta Medical Inc. (Bausch Health Companies Inc.) |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global cosmetic laser market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cosmetic laser market?
- What are the key regional markets?
- What is the breakup of the market based on the modality?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cosmetic laser market and who are the key players?
- What is the degree of competition in the industry?
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