Cosmetic Laser Market (By Product: Ablative, Non-Ablative; By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Others; By Application: Hair removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal, Body Contouring, Others; By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Category : Healthcare and Pharmaceuticals | Published at : June-2020 | Delivery Format : PDF | Status: Published | Pages : 190

Acumen Research and Consulting estimates that the global cosmetic laser market is anticipated to reach market size of around US$ 6,000 Mn by 2027 and is anticipated to grow at a CAGR of around 15% in terms of revenue during the forecast period 2020 – 2027.

Cosmetic laser is a treatment that reduces skin defects such as facial lines and acne scars. This method uses fast focused light beams on irregular skin surfaces, and extracts skin layer by layer specifically, and is often called the lasabrasion procedure, laser peel, or laser thermal decomposition. Ageing, wrinkles, thin lines, scars on the forehead, spider veins, sagging, dry, low eyelashes, and dark circles are used to resolve other medical conditions. It is also ideal for standard correction and appearance of the skin colour, smoker lines, skin tighting and vascular lesions.

Market Insights

The demand for aesthetic/cosmetic lasers is rising at a wide level in the coming years and will continue this trend. As far as the treatment is concerned, the laser removal segment dominates the cosmetic laser market. The rising understanding of appearance and aesthetic ideals is the key drivers of market growth. The traditional techniques of hair removal are not feasible and take time, so the consumer turns to a laser hair removal treatment which is a permanent solution. When compared with other cosmetic surgeries, the procedure for laser hair removal is also cost effective. Among consumers between 35 and 50 years of age, skin tightening is common. Advantages such as the invasive nature, rapid results and shorter recovery period are better than dermal implants and fillers. The market growth is driven by factors such as the advancement of laser technologies, high disposable income, high aesthetic demand, and increased knowledge of men and women about their appearance.

Report coverage

The market research study on “Cosmetic Laser Market (By Product: Ablative, Non-Ablative; By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Others; By Application: Hair removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Others; By End-User: Hospitals, Skin care clinics, Cosmetics Surgical Centre) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global cosmetic laser market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global cosmetic laser market are product, modality, application, end-user and major geographic regions. The cosmetic laser market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.

The presence of major players in North America such as Hologic, Inc., Bausch Health Companies Inc. and Cutera, Inc., is expected to lead the global cosmetics laser market. The obese population in North America is increasing and therefore growing the cosmetic laser demand and aesthetic surgeries. For instance, according to the U.S. ProCon.org, in 2016, the percentage of obese adults was 36.2% in the U.S., 29.4% in Canada and 28.9% in Mexico. Obesity is projected to be especially high in the US and Mexico, according to the Organization for Economic Co-operation and Development. In addition, the reasons expected to drive demand growth are the simple availability of cosmetic laser, expanded target audiences and a lucrative payout to the medical system. However, during the forecast period, substantial growth is expected in the Asia Pacific cosmetic laser market.. This is due to the increase in promotions for cosmetic lasers in the region, which is expected in the developing Asia Pacific countries to boost the cosmetics laser market.

Key Players

Major players included in this report Candela, Alma, Cutera, Cynosure, Hoyoconbio, Lumensis, Deka, Palomar, Syneron, Aerolase El.En. Spa Lumenis Ltd., Sharp Light Technologies, Fosun Pharmaceutical, Aerolase Corporation Sciton, Inc., Syneron Medical Inc., Solta Medical and others.

The global cosmetic laser market is segmented as below:

Market Segmentation

Cosmetic Laser Market By Product