Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.93 Billion | USD 12.26 Billion | 8.4% | 2023 |
The global Aesthetic Lasers And Energy Devices market size was worth around USD 5.93 billion in 2023 and is predicted to grow to around USD 12.26 billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.4% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Aesthetic Lasers And Energy Devices market on a global and regional level.
Lasers are playing an important role in transforming the beauty industry. The laser technology provides excellent results in a short span of time with minimal invasiveness. Lasers penetrate the pigment inside the hair or skin by using a wave of light.
Factors such as FDA approval for medical treatments, growing demand for minimally invasive procedures, increasing popularity of anti-ageing procedures, growing disposable income in developing regions, increasing obesity, and technological advancements in the body contouring domain will act as major driving factors in the growth of global aesthetic lasers & energy devices market. Lowering costs of aesthetic laser procedures, growing demand from untapped markets, growing popularity of social media, and high investment in research and development will act as an opportunity for the market players in the aesthetic lasers & energy devices market. Nonetheless, the high cost of some advanced procedures and lack of reimbursement will restrict the growth of the global aesthetic lasers & energy devices market.
The study includes drivers and restraints for the aesthetic lasers & energy devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aesthetic lasers & energy devices market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the aesthetic lasers & energy devices market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the product and services segment is benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the aesthetic lasers & energy devices market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the aesthetic lasers & energy devices market on a global and regional basis.
The global aesthetic lasers & energy devices market has been split into the product, technology, application, end user, and region.
Based on product, the aesthetic lasers & energy devices market has been segmented into body contouring devices, laser resurfacing devices, and aesthetic ophthalmology devices. The laser resurfacing devices segment accounted for the highest market share in 2023 due to increasing awareness regarding the use of body or skin resurfacing devices.
The technology segment has been divided into light-based technology, UV technology, suction-based technology, energy-based technology, laser-based technology, infrared technology, low temperature-based technology, and radiofrequency technology.
Based on application, the aesthetic lasers & energy devices market has been segmented into skin resurfacing/scar removal, skin tightening, hair removal, skin rejuvenation, and others. The skin tightening segment accounted for the highest market share in 2023.
Based on end users, the aesthetic lasers & energy devices market has been segmented into cosmetic surgery clinics, stand-alone centers, and multi-specialty centers.
Report Attributes | Report Details |
---|---|
Report Name | Aesthetic Lasers And Energy Devices Market |
Market Size in 2023 | USD 5.93 Billion |
Market Forecast in 2032 | USD 12.26 Billion |
Growth Rate | CAGR of 8.4% |
Number of Pages | 110 |
Key Companies Covered | Bausch Health Companies Inc, Allergan plc, Energist Medical Group, Candela Medical, Hologic Inc., Lumenis Ltd., Fotona Inc., Sciton Inc., Sisram Medical Ltd., and Lutronic Inc. among others |
Segments Covered | By Product, By Technology, By Application, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America will be the leading region during the forecast period. Major reasons are the presence of the latest healthcare setup, increasing obesity, and high demand for body contouring. Europe is expected to be the second major market. The key reasons are focus on aesthetic appearance and high disposable income. The Asia Pacific will grow at a rapid rate over the forecast time frame due to increasing obesity and growing demand for minimally invasive procedures. The Latin America region will grow at a significant rate during the assessment period. The Middle East & Africa region is expected to exhibit definite progression in the anticipated time-frame.
Global Aesthetic Lasers & Energy Devices Market: By Product
Global Aesthetic Lasers & Energy Devices Market: By Technology
Global Aesthetic Lasers & Energy Devices Market: By Application
Global Aesthetic Lasers & Energy Devices Market: By End User
Global Aesthetic Lasers & Energy Devices Market: By Region
FrequentlyAsked Questions
Aesthetic lasers and energy devices are used in cosmetic and dermatological procedures to improve skin appearance and treat various skin conditions. These devices utilize different forms of energy, such as light or heat, to target specific skin layers or structures.
According to study, the Aesthetic Lasers And Energy Devices Market size was worth around USD 5.93 billion in 2023 and is predicted to grow to around USD 12.26 billion by 2032.
The CAGR value of Aesthetic Lasers And Energy Devices Market is expected to be around 8.4% during 2024-2032.
North America has been leading the Aesthetic Lasers And Energy Devices Market and is anticipated to continue on the dominant position in the years to come.
The Aesthetic Lasers And Energy Devices Market is led by players like Bausch Health Companies Inc, Allergan plc, Energist Medical Group, Candela Medical, Hologic Inc., Lumenis Ltd., Fotona Inc., Sciton Inc., Sisram Medical Ltd., and Lutronic Inc. among others.
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