Global Cosmetic Lasers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cosmetic Lasers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Cosmetic lasers devices are used in medical field. Cosmetic laser devices are mainly functioning on the principle of “selective photo Thermolysis, where photo refers to the frequency of light, thermo to produce heat and lysis means to destroy. It is a treatment used to reduce skin irregularities and wrinkles. Cosmetic laser techniques are least invasive and user-friendly.

Market Overview:

The latest research study on the global Cosmetic Lasers market finds that the global Cosmetic Lasers market reached a value of USD 1553.98 million in 2022. It’s expected that the market will achieve USD 858.61 million by 2028, exhibiting a CAGR of -9.41% during the forecast period.

Limitations

Stringent government regulations are the major factors hindering the cosmetic lasers market, and product approvals pose a huge challenge to manufacturers of cosmetic lasers. Besides, the misconception associated with the cosmetic surgeries is also declining the demand for the market, as it is hampering its adoption and slowing down the market growth. Moreover, the rising adoption of energy-based devices and low focus of market players on cosmetic devices are restraining the growth of this market.

Opportunities

A major consumer base and increasing disposable income of the individuals are driving the growth of the cosmetic laser market in North America. The presence of advanced laser-based treatment clinics for decades in this region has also fueled the growth of cosmetic laser market in the past. Increasing awareness about cosmetic lasers and well-established infrastructure is anticipated to drive the growth of the cosmetic laser market in North America. Besides, rising medical tourism, the increase in obese and overweight population and development of laser technology for the treatment of the hair removal along with its cost-effectiveness fueled the growth of cosmetic lasers market. Moreover, increasing geriatric population, increasing healthcare expenditure, growing awareness about noninvasive cosmetic procedures and increasing prevalence of skin problems including acne, pigmentation and scarring also drives the market growth.

Key Companies in the global Cosmetic Lasers market covered in Chapter 3:

Sciton, Inc.
Syneron Medical Ltd.
Cynosure, Inc.
El.En SpA
Hoyoconbio
Solta Medical, Inc.
Lumenis Ltd.
Cutera, Inc.
Candela
Deka
Sharplight Technologies
Alma Lasers
Palomar
Aerolase

In Chapter 4 and Chapter 14.2, on the basis of types, the Cosmetic Lasers market from 2018 to 2029 is primarily split into:

Ablative
Non-ablative
Non-laser

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cosmetic Lasers market from 2018 to 2029 covers:

Hospitals
Skin care clinics
Cosmetic surgical centers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)