Aesthetic Lasers Market Analysis

Global Aesthetic Lasers Market Overview

Aesthetic Lasers Market Size valued at USD 1.1 Billion in 2022. The Aesthetic Lasers market industry is projected to rise from USD 1.28 Billion in 2023 to USD 4.48 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.90% during the forecast period (2024 - 2032). Increased demand for non-invasive and minimally invasive cosmetic procedures and advancements in laser technology are the key market drivers enhancing the growth of the market.

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Aesthetic Lasers Market Trends

• Growing demand for non-invasive and the minimally invasive cosmetic procedures is driving the market growth.

Market CAGR for aesthetic lasers is being driven by the rising demand for non-invasive and minimally invasive cosmetic procedures. The rising demand for aesthetic lasers is closely tied to the growing preference among consumers for non-surgical or minimally invasive cosmetic treatments to address various skin concerns and signs of aging. Aesthetic lasers offer treatments with minimal downtime compared to traditional surgical procedures. Patients can strat again their normal activities shortly after receiving laser treatments, making them more convenient for individuals with busy lifestyles.

Non-invasive and minimally invasive laser procedures are generally associated with minimum pain and discomfort compared to surgical options. This factor appeals to patients who want to improve their appearance without the need for extensive recovery periods. Advancements in laser technology have improved the safety and precision of treatments. Lasers can target the specific skin concerns, such as wrinkles, scars, pigmentation issues, and unwanted hair, with high accuracy, reducing the risk of side effects or damage to surrounding tissue. Aesthetic lasers can address a wide range of cosmetic concerns, including skin rejuvenation, tattoo removal, hair removal, skin tightening, and more. This versatility attracts a diverse patient population seeking various aesthetic improvements. The global aging population is increasingly interested in maintaining a youthful appearance. Aesthetic lasers provide effective solutions for age-related skin issues, such as wrinkles, fine lines, and sagging skin.

Increased access to the information through the internet and social media has raised consumer awareness about the availability and benefits of aesthetic laser treatments. Patients are more informed and willing to explore non-surgical options. Unlike some surgical procedures, aesthetic lasers often result in minimal scarring or none at all. This is particularly appealing to individuals concerned about visible post-treatment marks. Ongoing advancements in laser technology, including the development of more efficient and precise devices, drive the market by enhancing the effectiveness and safety of laser-based cosmetic treatments.

Ongoing advancements in laser technology have led to more efficient and effective aesthetic laser systems. These advancements result in better outcomes for patients, as lasers can target specific skin concerns with increased precision and efficacy. Modern laser systems often incorporate features that minimize the risk of side effects, such as skin redness or irritation. Advanced cooling mechanisms, wavelength adjustments, and pulse duration control contribute to safer and more comfortable treatments. Advanced safety features, such as real-time monitoring and feedback mechanisms, ensure that treatments are performed with a high degree of safety and reliability. This is particularly important for practitioners and patients concerned about adverse events. Thus driving the Aesthetic Lasers market revenue.

Aesthetic Lasers Market Segment Insights

Aesthetic Lasers Application Insights

The Aesthetic Lasers Market segmentation, based on application, includes Hair Removal, Pigmentation and tattoo Removal, Body Shaping and tightening, Skin Rejuvenation, Acne Reduction and Others. The hair removal segment dominated the market, accounting for the largest market revenue because Hair removal is one of the most sought-after aesthetic procedures, driven by a wide consumer base seeking a long-term solution to unwanted hair. Many individuals prefer laser hair removal over traditional methods like shaving or waxing due to its effectiveness and long-lasting results. Unlike some other aesthetic laser treatments that are typically performed once or a few times, laser hair removal often requires multiple sessions for optimal results. This results in a repeat revenue stream for practitioners, making it a financially attractive application within the aesthetic lasers market. Further, body shaping and tightening is the second largest application due to the rising number of populations undergoing this process.

Aesthetic Lasers End User Insights

The Aesthetic Lasers Market segmentation, based on end users, includes Hospitals, Medical Spas and Specialty Clinics. The medical spas category dominates the market as the medical Spas are dedicated to aesthetic and cosmetic procedures, making them highly specialized in offering a wide range of aesthetic treatments, including laser-based procedures. Medical Spas often provide a more patient-centric and relaxing environment compared to hospitals, attracting individuals seeking aesthetic enhancements as well as wellness and relaxation. MedSpa staff, including physicians and aestheticians, tend to have specialized training and expertise in cosmetic and aesthetic procedures, including the use of aesthetic lasers.

Figure 1: Aesthetic Lasers Market, by End User, 2023 & 2032 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Aesthetic Lasers Regional Insights

By region, the study gives market insights into the North America, Europe, Asia-Pacific and the Rest of the World. The North American Aesthetic Lasers market area dominates this market due to its high levels of healthcare infrastructure, well-established regulatory frameworks, and significant consumer demand for cosmetic procedures. Additionally, North America benefits from a large number of skilled practitioners and a culture that places a strong emphasis on appearance, driving continuous innovation and growth in the aesthetic laser industry.

Further, the prime countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.

Figure 2: AESTHETIC LASERS MARKET SHARE BY REGION 2023 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Aesthetic laser market accounts for the second-largest market share due to the factors such as increasing emphasis on aesthetics and beauty, a growing aging population, rising disposable income levels, and advancements in medical technology. Further, the German Aesthetic Laser market held the largest market share, and the UK Aesthetic laser market was the fastest-growing market in European region.

The Asia-Pacific Aesthetic Lasers Market is foreseen to grow at the rapid CAGR from 2023 to 2032. This is due to the rapidly growing middle-class population with increasing disposable income, a strong cultural emphasis and a desire for minimally invasive and non-surgical cosmetic treatments. Moreover, China’s Aesthetic Lasers market held the largest market share, and the Indian Aesthetic Lasers market was the fastest-growing market in  Asia-Pacific region.

Aesthetic Lasers Key Market Players & Competitive Insights

Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Aesthetic Lasers market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments including higher investments, new product launches, contractual agreements, mergers and acquisitions, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Aesthetic Lasers industry must offer cost-effective items.

Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the global Aesthetic laser industry to benefit clients and grow the market sector. In recent years, the Aesthetic Lasers industry has offered some of the most significant advantages to the cosmetic industry. Major players in the Aesthetic Lasers market, including Lumenis, CANDELA CORPORATION, Cynosure, Inc., Ellex Aesthetic Lasers Ltd., Cutera, Alma Lasers, Aerolase Corp., Solta Medical, LUTRONIC, Lynton Lasers, El.En. S.p.A., Sciton, Inc., and others are trying to increase market demand by investing in the research and development operations.

Sensus Healthcare is a medical technology company specializing in non-invasive, non-surgical treatments for skin cancer and other dermatological conditions. The company is known for its advanced Superficial Radiation Therapy (SRT) technology, which delivers targeted radiation therapy directly to the skin's surface. This technology is designed to treat non-melanoma skin cancers, such as basal cell carcinoma and the squamous cell carcinoma, as well as keloids and other dermatological conditions. In July 2023, Sensus Healthcare acquired Aesthetic Laser Partners, a provider of aesthetic laser equipment rental services in the United States. This acquisition will allow Sensus Healthcare to expand its reach into the rental market and provide its customers with more flexible and affordable access to its laser devices.

Laseraid is a provider of aesthetic laser devices and support services to beauty clinics, dermatologists, cosmetic doctors, and corporate aesthetic chains in Australia and the UK. The company offers a broad range of premium laser devices from renowned brands, including Lumenis, Cynosure, Laseroptek, Candela, and Sylfirm X. Laseraid also offers a unique subscription model that gives customers the flexibility to choose the devices they need and the number of treatments they want. This model is designed to make it more affordable and accessible for clinics to offer aesthetic laser treatments to their clients. In September 2023, Laseraid International and Australian market leader Laseraid launched a partnership to launch Laseraid UK, a one-stop shop for supplying the growing market in aesthetic laser technology in the UK. The partnership will provide aesthetic clinic owners with access to market-leading laser devices, training and support services on an all-inclusive subscription model.

Key Companies in the Aesthetic Lasers market include

• Lumenis


• CANDELA CORPORATION


• Cynosure, Inc.


• Ellex Aesthetic Lasers Ltd.


• Cutera


• Alma Lasers


• Aerolase Corp.


• Solta Medical


• LUTRONIC


• Lynton Lasers


• En. S.p.A.


• Sciton, Inc.

Aesthetic Lasers Industry Developments

September 2023:Alma Laser entered into a strategic partnership with IBSA, a market leader in hyaluronic acid products. This partnership will allow Alma Laser to integrate IBSA's hyaluronic acid products into its aesthetic laser treatments, offering customers a more comprehensive and effective solution.

August 2023:Lutronic and IntelliStim entered into a strategic partnership to develop and market innovative aesthetic laser and energy-based devices. The partnership will combine Lutronic's expertise in laser technology with IntelliStim's expertise in muscle stimulation technology to create new and innovative aesthetic treatment solutions.

April 2023:Lumenis acquired Cynosure, a leading provider of aesthetic lasers and energy devices. This acquisition will generate a global leader in the aesthetic lasers market and allow Lumenis to offer customers a wider range of innovative and effective treatments.

Aesthetic Lasers Market Segmentation

Aesthetic Lasers Application Outlook

• Hair Removal


• Pigmentation & Tattoo Removal


• Body Shaping & Tightening


• Skin Rejuvenation


• Acne Reduction


• Others

Aesthetic Lasers End User Outlook

• Hospitals


• Medical Spas


• Specialty Clinics

Aesthetic Lasers Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America