February 2024
19 Jul 2024
The global aesthetic lasers market revenue was valued at USD 2.03 billion in 2023 and is poised to grow from USD 2.38 billion in 2024 to USD 9.40 billion by 2033, at a CAGR of 16.48% during the forecast period 2024 - 2033. The aesthetic lasers market is growing rapidly because of the rising trend of cosmetic surgery, growing skin damage issues, changing lifestyles, excess fat removal, anti-aging, skin brightening, and rising beauty standards, etc.
Aesthetic lasers are the most significant medical treatment for one’s beauty enhancement, more than any other medical reason. Heat and light boost the skin's normal production of collagen. After a certain age, our body loses the ability to produce collagen on its own. These wrinkles, fine lines, dark spots, and many other skin-related issues make one look older. More production of collagen in the skin helps a person to look younger. Some of the reasons why many people now choose aesthetic lasers are hair removal, pigmentation, blemishes, etc. These treatments can be performed on various body parts, such as the neck, chest, arms, hands, etc.
The rising trends in radiofrequency-based treatments are also boosting the aesthetic lasers market. This is a non-surgical process focused on skin tightening, hyperpigmentation, wrinkles, tattoo removal, etc. There are two types of laser treatments: ablative laser, which treats the upper layer of skin by vaporizing the damaged skin, and non-ablative laser, which improves deep within without disturbing the upper layer. Some of the ablative lasers are CO2 laser and erbium laser, and non-ablative lasers are pulse-dye-laser and intense pulse light laser.
Increased medical centers driving the aesthetic lasers market
The growing number of licensed medical centers for aesthetic procedures, continuous technical development in the field of aesthetic industry, and rising concern of people using a variety of new products to meet beauty standards are combined, resulting in growth in the market. The number of females is higher than males for aesthetic laser treatment. Among females, due to rising beauty standards and the desire to look in a certain way, non-invasive aesthetic laser treatment is in demand. Furthermore, the development of medical tourism in rising financial prudence, growing consumer consciousness for skin appearance, and aesthetic improvement suggestively boost the evolution of the market.
Moreover, the upsurge in the number of certified medical centers boosts the development of the aesthetic lasers market. In addition, growth in the number of skin damage cases and lifestyle changes are the main factors that cause a rise in the number of aesthetic laser treatments. Additionally, a rise in self-awareness among the young population concerning physical appearance and a rise in consciousness about diverse aesthetic laser procedures among the female population is estimated to drive the growth of the market.
In contrast, the growth in the severe protection procedures for aesthetic trials and safety guidelines for aesthetic devices is anticipated to hinder market development. Also, the public disgrace associated with cosmetic conduct and the high price of aesthetic treatment are likely to test the aesthetic lasers market in the prediction period of 2024-2033.
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 2.38 Billion |
| Market Revenue by 2033 | USD 9.40 Billion |
| Market CAGR | CAGR of 16.48% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2023 |
| Forecast Period | 2022 to 2033 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Recent Developments by Cutera Inc.
Asia-Pacific is anticipated to grow significantly development during the estimated period of 2024 to 2033 due to the rapid population growth, increasing consciousness about the compensations of laser treatment with the upsurge in medical tourism within the area. The country sector of this report also delivers distinct market-affecting factors and variations in local market guidelines that influence the existing and future drifts of the market.
The existence and accessibility of global products and their encounters are met due to large or unusual struggles from local and domestic products, and the influence of domestic charges and trade ways are measured while providing a prediction study of the country's data. Factors such as the rising number of specialists, improved customer buying power, and discriminating study exertions further subsidize market extension. Moreover, endorsing non-invasive events and the growing application of current expertise are predictable in initiating market development.
The Europe Aesthetic Lasers Market is experiencing significant growth due to increasing demand for non-invasive cosmetic procedures and a rising preference for aesthetic treatments over surgical interventions. The market is driven by advancements in laser technologies that offer improved efficacy and safety, catering to a variety of aesthetic applications such as hair removal, skin rejuvenation, tattoo removal, and treatment of vascular lesions. Additionally, the growing aging population and heightened awareness of physical appearance among consumers are propelling market expansion. Key countries contributing to the market growth include Germany, France, and the UK, where the presence of established healthcare infrastructure and skilled professionals further supports the adoption of aesthetic laser treatments. Furthermore, the increasing disposable income and willingness to spend on personal care in these regions are enhancing the market's growth prospects.
North America dominated the aesthetic lasers market in 2023 and is anticipated to sustain its supremacy during the prediction period. Additionally, the presence of a well-recognized healthcare set-up, high acquiring power, and a rise in the acceptance rate of cosmetic products are anticipated to initiate market development. Moreover, upsurge in the number of supports for aesthetic laser products, the presence of main companies, and progressions in the medical and aesthetic segment in the region.
Body rearrangement and redesigning treatments
The rising occurrence of obesity and inactive lifestyles in progressive and evolving economies has enlarged attention to body rearrangement and redesigning treatments. Aesthetic lasers have increased in popularity due to their quick and slightly aggressive measures, fascinating individuals looking for aesthetic improvements. This rise in demand for aesthetic lasers is anticipated to be a main driver in the market. Pocket-friendly aesthetic laser treatments, a favorable uniform atmosphere, a rising number of aesthetic healthcare centers, and cultural factors highlighting beauty and appearance are the reasons for the growing aesthetic laser market. Moreover, males are also getting equally concerned about their looks, laser hair removal, and skin rejuvenating treatment, ensuring the growth of the aesthetic lasers market.
Market Segmentation
By Product Type
By Application
By End-user
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