Cosmetic Lasers Market Growth Trajectory Through 2024-2033

Laser epilation, hair removal therapy

The Cosmetic Lasers by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Cosmetic Lasers, The cosmetic lasers market size has grown strongly in recent years. It will grow from $1.68 billion in 2023 to $1.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth in cosmetics procedures, a rise in medical tourism, growing adoption of minimally invasive surgical procedures, increased focus on developing advanced products, rising incidences of skin diseases, and rising prevalence polycystic ovary syndrome (pcos).

The cosmetic lasers market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising urbanization, rising ageing population, increased focus on developing advanced products, a rise in demand for body contouring, and rising disposable personal income . Major trends in the forecast period include invest in developing iot (internet of things) linked cosmetic laser devices, consider providing robotic cosmetic laser systems, invest in 3d printing technology, focus on developing advanced products, and consider strategic acquisition.

The rising urbanization all over the globe is significantly contributing to the growth of the cosmetic lasers market in the forecast period. Urbanization refers to the population movement from a rural to an urban setting and increasing human population densities in urban areas. Growth in urbanization is increasing focus on body appearance, beauty and health consciousness which will further drive the cosmetic lasers market growth. For instance, according to the Department of Economic and Social Affairs, United Nations, 68% of the world’s population i.e. 2.5 billion people are projected to live in urban areas by 2050. Therefore, rising urbanization all over the globe is expected to drive the cosmetic lasers market.

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The cosmetic lasers market covered in this report is segmented –

1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Laser: YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Other Lasers
3) By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Other Applications
4) By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre

The increased focus on developing advanced products is significantly contributing to the growth of the cosmetic lasers market. Major companies operating in cosmetic lasers are focused on developing advanced products to strengthen their position in the market. For instance, in 2021, Solta Medical, a US-based medical device company launched The Clear + Brilliant Touch Laser, the company’s next-generation Clear + Brilliant laser. The Clear + Brilliant Touch laser delivers a customized and more comprehensive treatment protocol by providing patients of all ages and skin types with the benefits of two wavelengths. By seamlessly switching between two wavelengths with the Original and Perméa handpieces, physicians can now more easily deliver a more complete treatment during a single appointment. Therefore, the increased focus on developing advanced products by major players is anticipated to propel the cosmetic lasers market growth.

The cosmetic lasers market report table of contents includes:

1. Executive Summary
2.Cosmetic Lasers Market Characteristics
3.Cosmetic Lasers Market Trends And Strategies
4.Cosmetic Lasers Market analysis

5.Cosmetic Lasers Market Size And Growth
6. Cosmetic Lasers Segmentation
7. Cosmetic Lasers Regional And Country Analysis
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27. Cosmetic Lasers Competitive Landscape And Company Profiles
28.Cosmetic Lasers Key Mergers And Acquisitions
29. Cosmetic Lasers Future Outlook and Potential Analysis

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