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The latest report by IMARC Group, titled “Cosmetic Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the cosmetic laser market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global cosmetic laser market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028.
A cosmetic laser is a surgical procedure in which a single-wavelength source of high-energy light is transmitted to a small area to reduce skin irregularities. It treats various skin conditions and removes scars, tattoos, wrinkles, sunspots, birthmarks, stretch marks, spider veins, smokers’ lines, and vascular lesions. It also supports postoperative discomfort, reduces blood loss, minimizes the risk of wound infection, and accelerates the wound healing process. Moreover, laser light therapy is combined with topical agents for hair removal procedures. Owing to these benefits, individuals are widely opting for cosmetic laser treatments across the globe.
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Global Cosmetic Laser Market Trends:
The market is primarily driven by the rising beauty consciousness among individuals. In addition, the emerging trend of cosmetic tourism represents another major growth-inducing factor. Besides this, individuals are widely adopting cosmetic laser treatments to maintain their youthful appearance. This, coupled with the growing influence of social media platforms, is positively influencing the market growth. Moreover, with the increasing prevalence of obesity, there has been an escalating demand for body contouring devices to tighten lax skin and remove undesired fat from various body parts. Furthermore, the introduction of advanced light-based technologies, such as infrared, radiofrequency, intense pulsed light (IPL), and light-emitting diode (LED), has increased the adoption of cosmetic laser procedures. Moreover, the growing inclination toward minimally invasive surgeries (MIS) and the rising disposable incomes of individuals are some of the other factors creating a favorable market outlook across the globe.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
Aerolase Corporation, Candela Corporation (Syneron Medical Ltd.), Cutera, Cynosure, El.En. S.p.A., Lumenis Ltd., Sciton Inc., Shanghai Fosun Pharmaceutical (Group) Co. Ltd., SharpLight Technologies Inc and Solta Medical Inc. (Bausch Health Companies Inc.)
Key Market Segmentation:
- Pulsed Dye Laser (PDL)
- YAG Laser
- Carbon Dioxide Laser
- Intense Pulsed Light (IPL)
- Hair Removal
- Skin Resurfacing
- Vascular Lesions
- Scar and Acne Removal
- Body Contouring
- Skin Care Clinics
- Cosmetics Surgical Centres
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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