Cosmetic Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Cosmetic Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global cosmetic laser market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2022-2028.

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.

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 report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on modality, product, application and end user.

Breakup by Modality:

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:

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.).

Key Questions Answered in This Report
1. How big is the global cosmetic laser market?
2. What is the expected growth rate of the global cosmetic laser market during 2023-2028?
3. What are the key factors driving the global cosmetic laser market?
4. What has been the impact of COVID-19 on the global cosmetic laser market?
5. What is the breakup of the global cosmetic laser market based on the modality?
6. What is the breakup of the global cosmetic laser market based on the product?
7. What is the breakup of the global cosmetic laser market based on the application?
8. What is the breakup of the global cosmetic laser market based on the end user?
9. What are the key regions in the global cosmetic laser market?
10. Who are the key players/companies in the global cosmetic laser market?