Cosmetic Laser Market To Report Impressive Growth, Revenue To Surge To US $7019.28 Million By 2032

16-Feb-2024 | Zion Market Research

With the presence of a large pool of participants, the global cosmetic laser market is displaying a highly competitive business landscape, according to a new research report by Zion Market Research (ZMR). Solta Medical Cutera, Inc., Aerolase, Cynosure, Inc., Lutronic, Alma Lasers, Ltd., Lumenis Ltd., Sciton, Inc., Syneron Medical Inc., and SharpLight Technologies are some of the key vendors of the cosmetic laser across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the cosmetic laser market study.

This review is based on a report by Zion Market Research, titled Cosmetic Laser Market by Type (Standalone Laser Devices and Multiplatform Laser Devices), by Modality (Carbon Dioxide Lasers, Erbium YAG Lasers, Diode Lasers, Pulsed Dye Lasers, ND: YAG Lasers, Alexandrite Lasers, and Others), by Applications (Vascular Lesions, Acne & Scars, Pigmented Lesions & Tattoos Removal, Hair Removal, Skin Rejuvenation, Leg & Varicose Veins, Body & Face Contouring, and Others), and by End User (Hospital, Private Clinics, and Medical Spas) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2024- 2032.”- Report at https://www.zionmarketresearch.com/report/cosmetic-laser-market

Citing an instance, Bausch Health Companies Inc. and its Ortho Dermatologics division declared the publication of Phase 3 Efficacy, Safety Data pertaining to its ALTRENOTM (tretinoin) Lotion in the Journal of Drugs in Dermatology. For the record, the U.S. FDA approved a new medicine application for the lotion in August 2023.

Global Cosmetic Laser Market

As estimated in this report, the global cosmetic laser market stood at US$ 2964.71 million in 2023. Witnessing a tremendous rise during the period from 2024 to 2032, the revenue in this cosmetic laser market is expected to reach US$ 7019.28 million by the end of 2032. The main types available in this cosmetic laser market are Standalone Laser Devices and Multiplatform Laser Devices. Among them, the demand for Multiplatform Laser Devices is relatively higher and the trend is anticipated to remain so over the next few years, notes the cosmetic laser market research report.

Extensive Use To Reduce Skin Irregularities & Wrinkles To Soar Market Size

“Massive use of the product in hair & tattoos removal, reducing skin irregularities & wrinkles, body & face contouring, and removal of vascular lesions, scars, and acne will drive the growth of cosmetic laser market in the years ahead,” says the author of this cosmetic laser market study. Apart from this, the growing attention of women to look beautiful along with its minimally invasive features is likely to boost the cosmetic laser market trends in the near future.

Less availability of trained cosmetic surgeons along with its side effects, however, can hinder the growth of the cosmetic laser market in the forthcoming years.

Massive Presence Of Laser-Based Treatment Clinics To Aid Regional Dominance

Regionally, North America has been leading the worldwide cosmetic laser market and is anticipated to continue in the dominant position in the years to come, according to the cosmetic laser market study. The humungous presence of laser-based treatment clinics, rising disposable incomes, and training initiatives taken by myriad companies are the major factors behind the dominance of the North American cosmetic laser market.

The high number of market players headquartered in North America is another significant factor that is supporting the growth of this regional cosmetic laser market. In addition, growing awareness about cosmetic lasers and the availability of well-established infrastructure facilities is anticipated to further fuel the growth of the regional market within the next few years.

The global cosmetic laser market is segmented as follows:

By Type

  • Standalone Laser Devices
  • Multiplatform Laser Devices

By Modality

  • Carbon Dioxide Lasers
  • Erbium YAG Lasers
  • Diode Lasers
  • Pulsed Dye Lasers
  • ND: YAG Lasers
  • Alexandrite Lasers
  • Others

By Application

  • Vascular Lesions, Acne, and Scars
  • Pigmented Lesions & Tattoos Removal
  • Hair Removal
  • Skin Rejuvenation
  • Leg & Varicose veins
  • Body & Face Contouring
  • Others

By End-User

  • Hospital
  • Private Clinics
  • Medical Spas

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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