Global Aesthetic Lasers Market- Market Overview:

The Global aesthetic lasers market is expected to grow from USD 969 million in 2021 to USD 3,402 million by 2029, at a CAGR of 17% during the Projection period 2022-2029. The growth of this market is mainly driven by the rising use of non-ablative lasers for skin treatment, particularly for weight loss, and the rising adoption of this technique as a substitute for surgical procedures.

"Light Amplification by Stimulated Emission of Radiation" is referred to as the laser. The laser produces powerful light of a single color and is a light-based skin therapy. Emitting immediate, brief, targeted, pulsating water rays, can help in reducing excellent forms, wrinkles, blemishes, and pigmentation such as freckles and sunspots. There are two different kinds of laser treatments used: an ablative laser that vaporizes the injured skin's top layer and a non-ablative laser that penetrates deeper into the skin without causing damage to the outer layer. The elimination of wrinkles, hair, pigmented lesions, and tattoos is done with aesthetic lasers. The Aesthetic Laser Market is anticipated to be driven by the rising use of non-ablative lasers for skin treatment, particularly for weight loss, and the expanding use of this approach as a substitute for surgical procedures. Additionally, the market is expected to grow in the upcoming years due to technological developments in aesthetic lasers that would simplify the function and accessibility of operations for end users. Additional factors that are likely to drive the market over the Projection period include the increase in medical tourism gadgets, the rising prevalence of skin damage, and the decline in procedure costs.

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Market Dynamics:

Drivers:                          

• Rising Awareness

Wrinkles, lax skin, and other unwelcome visible indicators on a person's face and body are caused by the loss and redistribution of fat and collagen as we age. Aesthetic therapies help to some extent in reducing the effects of aging. Additionally, individuals all around the world are drawn to items and procedures that they believe could help them maintain their youth and beauty as the value of physical attractiveness rises. People are getting more knowledgeable about the numerous aesthetic procedures and accompanying products that are available on the market. For instance, 16.3 million minimally invasive cosmetic operations were carried out in 2019. Celebrities' popularity and influence encourage people's desire to seem attractive, which accelerates the expansion of the aesthetic laser and energy industries.

Restraints:                                             

• High Cost

Aesthetic laser therapy is highly expensive. Ultrasonic-assisted liposuction, for instance, might cost between USD 2,500 and USD 5,450. Furthermore, the price range for radiofrequency body sculpting equipment is between USD 2,500 and 3,000. CoolSculpting uses vacuum-like equipment to freeze away fat cells; the price is dependent on the region being treated. The cost increases with the height of the treatment area. The market is significantly constrained by these treatments' high costs.

Opportunities:

• Increase in Disposable Income

As medical tourism grows, specialized facilities offering body sculpting operations are anticipated to develop in hotels and resorts. Additionally, as living standards in emerging nations become more affordable, more people are choosing to live in higher-quality environments. As a result, aesthetic operations are increasingly common in both developed and emerging nations including South Korea, Italy, the United States, and China. Non-invasive gadgets are increasingly being used around the world since they are less dangerous and need shorter recovery times. As a result, the development of non-invasive technology also helps the industry expand.

Challenges:

• Stringent Regulations

On the other side, it is anticipated that the tightening of safety standards for cosmetic operations and gadgets may impede market expansion. Additionally, the market for aesthetic cosmetic lasers is anticipated to face challenges in the next years due to the social stigma associated with cosmetic procedures and their high price.

Segmentation Analysis:

The global aesthetic lasers market has been segmented based on application and region.

By Application

The application segment is IPL Laser Treatment, Laser Skin Resurfacing, Non-invasive Tightening, Skin Tightening, Laser-Assisted Lipoplasty, and Laser hair removal. The skin tightening segment led the largest share of the aesthetic lasers market with a market share of around 290% in 2021. During laser skin tightening, the collagen beneath the skin's surface is heated, which causes the skin to tighten or contract. It is utilized to firm up the skin on the body, neck, or face. Lasers can cure loose skin on the body, including the thighs, stomach, neck, and face. Unwanted body hair removal has steadily gained popularity as a trend. The fastest-growing technique in cosmetic dermatology is photo epilation using lasers or other light-based technology. Large amounts of undesired extra hair can be successfully treated with laser technology with little discomfort. Intense light therapy is used in aesthetic laser treatments for scars and skin resurfacing to remove the top layer of skin or to encourage the growth of new skin cells to cover damaged skin cells.

Global Aesthetic Lasers Market- Sales Analysis.

The sale of aesthetic lasers application expanded at a CAGR of 10% from 2015 to 2021.

The market for aesthetic lasers is also being stimulated by the rising popularity of radiofrequency-based therapies. In addition to being fully non-invasive, radiofrequency-based devices like Picoway, LaseMD, FraxPro, and Pixel CO2 have been shown to be useful in treating a variety of skin disorders. Candela Medical's PicoWay is a picosecond laser platform that produces extremely brief pulses with high peak power for a photoacoustic effect. Tattoo removal, skin rejuvenation & toning, and pigmented lesions are all treated using the platform.

Greater treatment outcomes and high patient satisfaction have been produced as a result of technological advancement in the field of laser technology. For instance, Lumenis unveiled the Stellar M22, a revolutionary platform for intelligent skin, in March 2020. It is a multi-application platform designed to treat more than 30 different skin conditions, including vascular lesions, uneven skin tone, acne, sagging skin, and hair removal. Because it can safely and effectively treat a variety of indications in patients of various skin types, ages, and genders, this device is becoming more and more popular among practitioners. An growth in aesthetic awareness and the availability of various aesthetic treatments on the market are results of increased social media exposure. The result is that people all across the world are always concerned with looking young. According to the United Nations, there were 703 million individuals worldwide who were 65 or older in 2019, and by 2050, it is expected that there will be 1.5 billion elderly people. Therefore, the older population chooses anti-aging and skin tightening laser operations that have a high success rate, little recovery time, and great patient comfort in an effort to minimise the indications of ageing.

Thus, owing to the aforementioned factors, the global aesthetic lasers market is expected to grow at a CAGR of 17% during the Projection period from 2022 to 2029.

By Regional Analysis:

The regions analyzed for the aesthetic lasers market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North America region dominated the aesthetic lasers market and held a 40% share of the market revenue in 2021.

North America dominates the market. Due to the availability of several trained professionals and widespread public knowledge of the development in cosmetic operations in the area. The market is primarily supported by the introduction of cutting-edge technologies and significant research and development expenditures made by industry participants to enhance and enhance the present technology and make it safer and more efficient. A few other causes for the expansion of the market in North America include an increase in the number of surgeons in the area, rising consumer buying power, and an increase in the number of research activities in the industry. Additionally, it is anticipated that rising attempts to promote non-invasive aesthetic procedures and rising use of current technology would have an impact on market expansion in the area.

Asia Pacific is anticipated to experience significant growth during the Projection period. Due to the expansion of medical tourism options. Over the course of the Projection period, individuals with significant awareness of aesthetic procedures are also anticipated to contribute to the high growth of this geographical segment. There is a significant propensity and desire among the populace to undergo aesthetic procedures in developing economies like India. According to the International Society of Aesthetic Plastic Surgery, around 70,416 face rejuvenation treatments were performed in India in 2020. Furthermore, the market in the region is anticipated to be driven by rising medical tourism in emerging nations.

Global Aesthetic Lasers Market- Country Analysis:

• Germany

Germany's aesthetic lasers market size was valued at USD 28 million in 2021 and is expected to reach USD 55 million by 2029, at a CAGR of 9% from 2022 to 2029.

Due to significant R&D expenditures and a well-developed healthcare infrastructure, the market in the area is expanding quickly. A rise in obesity, more awareness of and access to aesthetic laser and energy devices, and collaboration between the region's top aesthetic laser and energy device producers are some additional reasons driving the expansion of this industry. In addition, the regional market is expanding as a result of factors such as the rise in non-invasive aesthetic energy and laser devices that have won government permission.

• China

China’s aesthetic lasers market size was valued at USD 47 million in 2021 and is expected to reach USD 124 million by 2029, at a CAGR of 13% from 2022 to 2029. During the Projection period, it is expected that this region would have the fastest market growth for aesthetic lasers. Additionally, factors including an increase in disposable income and an uptick in marketing campaigns for the use of aesthetic laser equipment support the expansion of this market.

• India

India's aesthetic lasers market size was valued at USD 44 million in 2021 and is expected to reach USD 108 million by 2029, at a CAGR of 12% from 2022 to 2029. Market players are concentrating on new product developments to increase their market share in the nation as a result of the rising demand. For instance, in April 2021 Alma Lasers unveiled Alma PrimeX, the leading non-invasive platform for body contouring and skin tightening. Similar to this, Cynosure launched two new products in July 2019: the TempSure Firm handpiece and a small mask for SculpSure submental treatments. These products expand the company's expanding portfolio.

Key Industry Players Analysis:                                                     

To increase their market position in the global aesthetic lasers business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• Hologic Inc
• Abbvie, Candela Medical
• Sisram Medical Ltd
• Solta Medical
• Energist Medical Group
• Lumenis, Ltd
• Lutronic, Inc.
• Erchonia Corporation.
• MicroAire Surgical Instruments, LLC
• Sciton, Inc
• InMode Aesthetic Solutions

Latest Development:

• In March 2022, The first laser of its sort, which lowers sebaceous glands primarily responsible for acne outbreaks, was approved by the US Food and Drug Administration. The AviClear acne treatment is not only rather easy to use but also very effective. In just three sessions, the laser technology reduces sebum production by targeting these glands, leaving the skin noticeably cleaner.
• In March 2021, The company's next-generation Clear + Brilliant Touch laser, which gives patients of all ages and skin types the benefits of two wavelengths, was introduced in the United States by Bausch Health Companies Inc. and its Solta Medical subsidiary.

Report Metrics

Report Attribute	Details
Study Period	2021-2029
Base year	2021
CAGR (%)	17%
Market Size	969 million in 2021
Projection period	2022-2029
Projection unit	Value (USD)
Segments covered	By Application And By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Hologic Inc, Abbvie, Candela Medical, Sisram Medical Ltd, Solta Medical, Energist Medical Group, Lumenis, Ltd, Lutronic, Inc., Erchonia Corporation., MicroAire Surgical Instruments, LLC, Sciton, Inc, InMode Aesthetic Solutions among others.
By Application	IPL Laser Treatment Laser Skin Resurfacing Non-invasive Tightening Skin Tightening Laser-Assisted Lipoplasty Laser hair removal
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Aesthetic Lasers Market By Application:

• IPL Laser Treatment
• Laser Skin Resurfacing
• Non-invasive Tightening
• Skin Tightening
• Laser-Assisted Lipoplasty
• Laser hair removal

Global Aesthetic Lasers Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Several variables affect the profitability of the worldwide aesthetic laser market. Politics-related factors that could affect the industry include changes to tax laws, consumer protection, employment laws, and insurance obligations. For instance, a change in tax laws may need a strategy modification that either capitalizes on increasing government healthcare spending or accounts for decreased government subsidies. A significant shift in the workforce and overtime requirements may also result from changes in employment law, such as the 2016 legislation that affected employee overtime requirements.

Economical Factors- Examples of economic problems that have an impact on healthcare companies' financial performance include unemployment, inflation, and interest rates. The purchasing power of the general public and public expenditure policies may be impacted by these shifting situations. For instance, if a business produces aesthetic laser for healthcare, a high unemployment rate will result in fewer people being able to make purchases. Additionally, if fewer people are able to work, they will not be eligible for employment benefits, such as healthcare.

Social Factor- The aesthetic laser sector should be able to recognize shifts in the values, attitudes, and demography of your different consumer groups. To avoid going against accepted beliefs or conventions, a manufacturer, for instance, should be aware of the society it serves. These kinds of elements must be considered in company's marketing plan as well. The effectiveness of marketing will increase, and it will have a positive effect on performance if you use content that demonstrates alignment with a particular sociocultural set of beliefs/values.

Technological Factors- Aesthetic laser is expanding, and one factor driving to this expansion is increased R&D spending by healthcare companies. Spending on R&D and the release of new medications have both increased during the past 20 years. For instance, the pharmaceutical industry spent 83 billion USD on R&D in 2019, according to the Congressional Budget Office, a federal organization under the legislative department of the United States government that provides budget and economic information to Congress. As a result, the benefits of aesthetic laser over conventional procedures as well as enhanced biopharmaceutical R&D activities are fueling market expansion. A few technological characteristics are the speed of technological advancement, automation, R&D initiatives, and technology incentives. Today, technology is all around us and the development of new technologies is likely to affect the industry.

Environmental Factors- For firms that assemble aesthetic laser, environmental sustainability measures have both financial and environmental advantages. Environmentally friendly building designs are now being sought after by many firms, and waste disposal practices are also being scrutinized. Corporate social responsibility (CSR), which ought to be a significant component of any business plan, is demonstrated by leadership in the area of green environmental practices. The implementation of the closed-loop, circular economy approach is starting to become the standard in several nations. Industries with enabling institutional frameworks facilitate material recycling and reuse.

Legal Factors- Laws pertaining to consumer protection, antitrust, employment, and health and safety regulations are only a few of them. These factors could affect a business' operations, costs, and product demand. Failure to abide by the new regulations and legal processes governing aesthetic laser could result in the immediate demise of a business and a market. The overall plan should take into account the legal repercussions of ongoing cases, HIPAA compliance, future acquisitions, and more. Additionally, there is employment law, which is a catch-all word for a number of laws defending workers' rights, including fair pay, equality, equity, inclusion, and justice, as well as health and safety. While some nations lack efficient enforcement of employment laws, others have harsh penalties for violating any of the specified rights of employees. Therefore, breaking these regulations could result in severe consequences.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Application
     • 3.2. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Rising Awareness
   • 3. Restraints
     • 3.1. High Cost
   • 4. Opportunities
     • 4.1. Increase in Disposable Income
   • 5. Challenges
     • 5.1. Stringent Regulations

6. Global Aesthetic Lasers Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. IPL Laser Treatment
   • 3. Laser Skin Resurfacing
   • 4. Non-invasive Tightening
   • 5. Skin Tightening
   • 6. Laser-Assisted Lipoplasty
   • 7. Laser hair removal
7. Global Aesthetic Lasers Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

8. Global Aesthetic Lasers Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Aesthetic Lasers Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Product Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

9. Company Profiles
   • 1. Hologic Inc
     • 1.1. Business Overview
     • 1.2. Company Snapshot
     • 1.3. Company Market Share Analysis
     • 1.4. Company Product Portfolio
     • 1.5. Recent Developments
     • 1.6. SWOT Analysis
   • 2. Abbvie, Candela Medical
     • 2.1. Business Overview
     • 2.2. Company Snapshot
     • 2.3. Company Market Share Analysis
     • 2.4. Company Product Portfolio
     • 2.5. Recent Developments
     • 2.6. SWOT Analysis
   • 3. Sisram Medical Ltd
     • 3.1. Business Overview
     • 3.2. Company Snapshot
     • 3.3. Company Market Share Analysis
     • 3.4. Company Product Portfolio
     • 3.5. Recent Developments
     • 3.6. SWOT Analysis
   • 4. Solta Medical
     • 4.1. Business Overview
     • 4.2. Company Snapshot
     • 4.3. Company Market Share Analysis
     • 4.4. Company Product Portfolio
     • 4.5. Recent Developments
     • 4.6. SWOT Analysis
   • 5. Energist Medical Group
     • 5.1. Business Overview
     • 5.2. Company Snapshot
     • 5.3. Company Market Share Analysis
     • 5.4. Company Product Portfolio
     • 5.5. Recent Developments
     • 5.6. SWOT Analysis
   • 6. Lumenis, Ltd
     • 6.1. Business Overview
     • 6.2. Company Snapshot
     • 6.3. Company Market Share Analysis
     • 6.4. Company Product Portfolio
     • 6.5. Recent Developments
     • 6.6. SWOT Analysis
   • 7. Lutronic, Inc.
     • 7.1. Business Overview
     • 7.2. Company Snapshot
     • 7.3. Company Market Share Analysis
     • 7.4. Company Product Portfolio
     • 7.5. Recent Developments
     • 7.6. SWOT Analysis
   • 8. Erchonia Corporation.
     • 8.1. Business Overview
     • 8.2. Company Snapshot
     • 8.3. Company Market Share Analysis
     • 8.4. Company Product Portfolio
     • 8.5. Recent Developments
     • 8.6. SWOT Analysis
   • 9. MicroAire Surgical Instruments, LLC
     • 9.1. Business Overview
     • 9.2. Company Snapshot
     • 9.3. Company Market Share Analysis
     • 9.4. Company Product Portfolio
     • 9.5. Recent Developments
     • 9.6. SWOT Analysis

List of Table

1. Global Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
2. Global IPL Laser Treatment, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million)
3. Global Laser Skin Resurfacing, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million)
4. Global Non-invasive Tightening, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million)
5. Global Skin Tightening, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million)
6. Global Laser-Assisted Lipoplasty, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million)
7. Global Laser hair removal, Aesthetic Lasers Market, By Region, 2021–2029 (USD Million))
8. North America Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
9. North America Aesthetic Lasers Market, By Product, 2021–2029 (USD Million)
10. USA Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
11. Canada Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
12. Mexico Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
13. Europe Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
14. Germany Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
15. France Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
16. UK Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
17. Italy Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
18. Spain Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
19. Asia Pacific Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
20. Japan Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
21. China Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
22. India Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
23. South America Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
24. Brazil Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
25. Middle East and Africa Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
26. UAE Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)
27. South Africa Aesthetic Lasers Market, By Application, 2021–2029 (USD Million)

List of Figures 

1. Global Aesthetic Lasers Market Segmentation
2. Aesthetic Lasers Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Aesthetic Lasers Market Attractiveness Analysis By Application
9. Global Aesthetic Lasers Market Attractiveness Analysis By Region
10. Global Aesthetic Lasers Market: Dynamics
11. Global Aesthetic Lasers Market Share By Application (2021 & 2029)
12. Global Aesthetic Lasers Market Share by Regions (2021 & 2029)
13. Global Aesthetic Lasers Market Share by Company (2020)