The Aesthetic Lasers Market is being driven by Increasing global awareness about medical aesthetics
The Aesthetic Lasers Market is expected to grow at a CAGR of 18% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3440.7 million. The male aesthetics industry has experienced substantial growth due to an increasing number of men seeking non-surgical cosmetic procedures to enhance their appearance and maintain healthy, youthful-looking skin. A key driver of this trend is the demand for non-invasive skin tightening treatments, which address concerns such as turkey neck and excess skin from the upper eyelids. The benefits of non-surgical procedures have fueled a growing preference and acceptance of male aesthetics, significantly contributing to the revenue generation in the global aesthetic lasers market. As societal norms continue to shift, there is a considerable business opportunity for brands to innovate and provide targeted solutions tailored to male consumers, further expanding the market potential.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
189 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 18% |
Market growth 2025-2029 |
USD 3440.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
15.0 |
Key countries |
US, Canada, China, Germany, UK, Australia, Japan, India, France, and Saudi Arabia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Aesthetic Lasers Market encompasses various applications, including vascular lesions, sagging skin, and hair removal. This market caters to the geriatric population seeking anti-aging solutions through minimally invasive treatments. Hair removal procedures, such as IPL laser treatment and laser hair removal, are popular offerings. Additionally, laser procedures address acne scars, facial pigmentation, vascular conditions, and blemishes. Key players in this industry include Alma Lasers, offering CO2 laser and Erbium laser solutions for facial wrinkles, laser resurfacing, and laser-assisted lipoplasty.
The Aesthetic Lasers Market is a significant segment of the global healthcare equipment industry, according to Technavio's market research. This market encompasses companies specializing in the research and development (R&D) of aesthetic laser systems, primarily focused on the treatment of pigmented lesions and tattoo removal. The parent healthcare equipment market consists of manufacturers producing capital equipment, instruments, implants, accessories, and consumables for various disease areas. Technavio calculates the market size based on the combined revenue generated by these manufacturers. The Aesthetic Lasers Market is driven by the aging baby boomer population seeking cosmetic enhancements, with key players like Candela Medical leading the way with their advanced Picosecond laser platforms.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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