Global Aesthetic Lasers and Energy Devices Market to Reach US$ 12.4 Billion by 2032, Propelled by Extensive R&D in the Field of Dermatology

January 23, 2020 | Healthcare

The latest report by IMARC Group, titled “Aesthetic Lasers and Energy Devices Market Report by Product Type (Laser Resurfacing Devices, Body Contouring Devices, Aesthetic Ophthalmology Devices, and Others), Application (Hair Removal, Skin Resurfacing, Skin Rejuvenation, Body Shaping and Skin Tightening, and Others), Technology (Laser Based Technology, Light Based Technology, Energy Based Technology), End-User (Cosmetic Centers, Dermatology Clinics, Hospitals, Ambulatory Surgery Centers (ASCs)), and Region 2024-2032,” finds that the global aesthetic lasers and energy devices market reached a value of US$ 5.8 Billion in 2023. Aesthetic lasers and energy devices are therapeutic equipment used for performing several cosmetic procedures to treat the skin through non-invasive or minimally invasive technologies. These devices help in achieving results with less downtime, more efficacy and a higher level of safety.

Global Aesthetic Lasers and Energy Devices Market Trends:

The rising consciousness about physical appearances has encouraged individuals to undergo medical and cosmetic procedures to enhance and beautify their looks and treat skin defects. This, along with the growing geriatric population, has increased the demand for aesthetic lasers and energy devices and procedures across the globe. With increased awareness about aesthetic medicine, the leading pharmaceutical companies are making significant advancements and developments for offering safer, faster and less invasive surgical treatments. Moreover, the growing consumer expenditure capacities, along with the ongoing research and development (R&D) activities in the field of dermatology, are further anticipated to provide a positive thrust to the industry growth. Looking forward, the market value is projected to reach US$ 12.4 Billion by 2032, growing at a CAGR of 8.6% during 2024-2032.

Market Summary:

  • Based on the product type, the market has been segregated into laser resurfacing, body contouring, aesthetic ophthalmology and other devices. Amongst these, laser resurfacing is the most popular product type, holding the largest market share.
  • On the basis of the application, body shaping and skin tightening represent the largest application segment, accounting for the majority of the overall market share. Other major segments are hair removal, skin resurfacing and skin rejuvenation.
  • The market has been categorized based on the technology into laser, light and energy-based technologies.
  • Based on the end user, the market has been classified into cosmetic centers, dermatology clinics, hospitals and ambulatory surgery centers. Aesthetic lasers and energy devices are majorly utilized in cosmetic centers.
  • Region-wise, North America holds the leading position in the market. It is further segregated into the United States and Canada. Other major regions include Asia Pacific (China, Japan, India, South Korea, Australia and Indonesia), Europe (Germany, France, the United Kingdom, Italy, Spain and Russia), Latin America (Brazil, Mexico, Argentina, Columbia, Chile and Peru), and Middle East and Africa (Turkey, Saudi Arabia, Iran and the United Arab Emirates).
  • The competitive landscape of the market has also been examined, with some of the key players being Allergan Plc., Bausch Health Companies Inc., Candela Medical, Cutera Palomar Medical Technologies, Cynosure Inc., Fotona Inc., Lumenis Ltd., Lutronic Inc., Sciton Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Application, Technology, 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, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered Allergan Plc., Bausch Health Companies Inc., Candela Medical, Cutera Palomar Medical Technologies, Cynosure Inc., Fotona Inc., Lumenis Ltd., Lutronic Inc. and Sciton Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Aesthetic Lasers and Energy Devices Market to Reach US$ 12.4 Billion by 2032, Propelled by Extensive R&D in the Field of Dermatology
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