Authored By: Sarah
23 Aug 2024

Aesthetic Lasers Market Size to grow by USD 1264.98 million between 2024-2028

The Aesthetic Lasers Market is segmented by Type (Standalone laser devices and Multiplatform laser devices), End-user (Hospital, Clinics, and Medical Spa), and Geography (North America, Europe, Asia, and Rest of World (ROW)). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 1264.98 million, at a CAGR of 11.94% during the forecast period. There are several companies that are contributing to the market as per this report. Opportunities for growth in male aesthetics industry .

By Type, the Standalone laser devices segment is projected to dominate the market size in 2024

In the realm of aesthetic treatments, standalone laser devices have emerged as a preferred choice for practitioners due to their independence and versatility. These self-contained units operate without the need for integration with external equipment and deliver laser energy for various applications, including hair removal, skin rejuvenation, tattoo removal, and acne treatment. The trend towards non-invasive and minimally invasive cosmetic procedures has fueled the demand for such devices. Advanced laser technology has led to the development of more sophisticated standalone devices, featuring multiple wavelength options, adjustable settings, and precise targeting capabilities, enabling customized treatments tailored to individual patient requirements.

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Why is North America forecasted to hold the largest regional market size in 2024?

The North American market holds the largest share in the global aesthetic lasers market, driven by the rising preference for non-invasive medical aesthetic treatments and the presence of advanced healthcare infrastructure. The region's experienced healthcare practitioners and the availability of sophisticated diagnostic techniques further fuel market growth. In 2020, the US led the world in cosmetic procedures, with over USD9 billion spent on surgeries such as breast augmentation and liposuction. This significant investment underscores the market potential in North America, particularly in the US, during the forecast period.

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Research Analysis Overview

The aesthetic lasers market encompasses a range of laser technologies used to address various skin irregularities and aesthetic concerns. Key players in this market include Cynosure and Alma Lasers, offering pulsed dye lasers for treating vascular conditions, facial pigmentation, and hair removal. Erbium lasers are utilized for laser-assisted lipoplasty and skin resurfacing. CO2 lasers are popular for treating wrinkles, acne scars, and sagging skin. IPL (Intense Pulsed Light) laser treatment is another minimally invasive solution for blemishes, vascular lesions, and anti-aging. These laser procedures cater to various areas of the body, including hands, arms, chest, neck, and face. The geriatric population is a significant consumer base for these aesthetic devices, as they seek solutions for age-related skin concerns. Overall, the aesthetic lasers market continues to grow, driven by the increasing demand for non-surgical anti-aging treatments and the continuous innovation in laser technology.

Market Research Overview

The aesthetic lasers market is a significant segment of the expansive global healthcare equipment industry, according to Technavio's market research. This sector encompasses businesses and innovators dedicated to the research and development (R&D) of advanced diagnostic equipment and devices, specifically aesthetic lasers, utilized for the treatment of various medical conditions. The global healthcare equipment market size is determined by Technavio through the aggregation of manufacturers' revenues from the sales of diagnostic instruments, implants, accessories, consumables, and capital equipment across diverse therapy areas. The healthcare equipment landscape consists of the following sectors: Devices, which includes cutting-edge, differentiated, data-driven devices that undergo rigorous clinical testing. - The Aesthetic Lasers Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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