Global Cosmetic Lasers Market Overview And Prospects
Learn about the global cosmetic lasers market through The Business Research Company, which provides information on cosmetic lasers market size, cosmetic lasers market drivers and restraints, cosmetic lasers market players, the COVID-19 impact on the cosmetic lasers market, and more.
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The global cosmetic lasers market is expected to grow from $1.64 billion in 2020 to $1.93 billion in 2021 at a compound annual growth rate (CAGR) of 17.7%. The growth is mainly due to the increase in beauty and health consciousness and the popularity of the non-invasiveness nature of treatment which gives quick results, causes lesser discomfort and has a shorter recovery time as opposed to traditional methods. The market is expected to reach $3.28 billion in 2025 at a CAGR of 14.2%.
Rising medical tourism is expected to drive innovation in cosmetic lasers, thus driving the market during the forecast period.
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The cosmetic lasers market consists of sales of cosmetic lasers by entities (organizations, sole traders, and partnerships) that manufacture cosmetic lasers used during cosmetic surgeries. A cosmetic laser is a device used to reduce facial wrinkles and skin irregularities, such as acne scars or blemishes. Cosmetic lasers are also used for removing unwanted hair from the body by beaming highly concentrated light into the hair follicles. It is used to treat In medical conditions, it is used to treat such as sagging eyelid skin, aging skin problems, and wrinkles on the face birthmarks, fine lines, and dark circles.
Global cosmetic lasers market segments include:
By Type: Standalone Lasers, Multiplatform Lasers
By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Others
By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar And Acne Removal, Body Contouring, Others
By End User: Hospitals, Skin Care Clinics, Cosmetics Surgical Centres
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cosmetic lasers market in 2020.
The companies are increasingly focusing on developing innovative and technologically advanced products to meet the requirement of end-users, expand the company product portfolio, and maximize company sales.
TBRC’s cosmetic lasers market report covers:
Major Market Players: Cutera Inc., Cynosure Inc., Lumenis, Aerolase Corporation, ALMA LASERS LTD, Sciton Inc., Syneron Candela, Solta Medical International Inc., ElEn SpA, Lynton Lasers Ltd, Medicure Group Of Companies, Thermage, ALLTEC GmbH (FOBA), Mentor, Fotona, Allergan Inc., and Galderma Laboratories LP.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Cosmetic Lasers Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides cosmetic lasers market overviews, analyzes and forecasts market size, share, cosmetic lasers market players, cosmetic lasers market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s cosmetic lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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