Aesthetic Lasers Market Size, Share & Trends Analysis Report By Application (IPL Laser Treatment, Laser Skin Resurfacing, Non-invasive Tightening, Laser Hair Removal), By Region, And Segment Forecasts, 2024 - 2030

Aesthetic Lasers Market Size, Share & Trends Analysis Report By Application (IPL Laser Treatment, Laser Skin Resurfacing, Non-invasive Tightening, Laser Hair Removal), By Region, And Segment Forecasts, 2024 - 2030

Aesthetic Lasers Market Growth & Trends

The global aesthetic lasers market size is expected to reach USD 3.83 billion by 2030, registering to grow at a CAGR of 16.8% from 2024 to 2030 according to a new report by Grand View Research, Inc. The demand is expected to upsurge due to the aging population, high prevalence of obesity, and a wide range of safe and effective treatments. Moreover, growing awareness about the safety and efficacy of lasers coupled with its ease of use is also expected to propel its cosmetic applications.

Advancement of technology has made needle-free procedures possible, thus boosting the rate of adoption of laser treatments. Young population also opts for cosmetic procedures as preventive measures for and to slow down the aging process.

Companies operating in this market are making huge investments in the research and development of new products and holding patents. For instance, in 2014, Cutera (provider of energy-based medical Aesthetic technologies) invested USD 10.5 million for pure research purposes and holds 34 patents along with5 patent applications in the pipeline.

Stringent regulations for cosmetic laser products are projected to ensure increased efficiency of the devices while treating the skin without any adverse effects. The manufacturers of laser devices have to comply with the Federal Food, Drug, and Cosmetic Act in addition to radiation safety performance standards defined by the Federal Regulations.

Aesthetic Lasers Market Report Highlights

• The non-invasive tightening segment held the largest revenue share of 28.9% in 2023. The rising baby boomer population and the growing influence of social media platforms have affected both the old and young demographics in recent years.
• The laser skin resurfacing is expected to witness the highest CAGR of 17.7% during the forecast period. It is attributed to the increasing demand for skin resurfacing procedures for skin rejuvenation.
• North America held the largest market share of 38.6% in 2023. This extensive regional share is due to the presence of many skilled professionals and significant awareness among consumers regarding advancements in aesthetic procedures.

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