Cosmetic Lasers Market Introduction:

Cosmetic Lasers Market is estimated to value over USD 5.2 billion by 2027 end and register a CAGR of over 14.5% during the forecast period 2020 to 2027.

Cosmetic lasers serve as medical tools and devices which are used for cosmetic or aesthetic treatments. Such procedures are carried out by using certain techniques such as selective photothermolysis. While performing this technique, a light source of specific wavelength is taken up to create a thermal effect. This, in turn, leads to the disintegration of unwanted cells. The light produced from this, emerges as a highly concentrated pulsating beam. Most importantly, cosmetic procedures are less invasive and carry many benefits, as opposed to their counterparts. The type of laser devices that are used to perform procedures will depend on what kind of cosmetic issue is being dealt with. Some of the procedures that can be performed with the aid of cosmetic lasers can range from skin rejuvenation, hair removal, tattoo removal, wrinkles, removal or acne and removal of scars, among others. Positive strides in the cosmetic industries and the growing conscious regarding physical appearance are factors which are expected to augment the market growth. However, strict safety rules for aesthetic devices and procedures may prove to be potentially detrimental in the market for cosmetic lasers.

Going by the segmentation of the product, the market has been divided into carbon dioxide, pulsed-dye laser, Nd:YAG, Er:YAG and others. The other segments are projected to grow at a rapid CAGR in the future. Some of the technologies used in this segment includes intense pulse light, infrared lasers, Q-Switched, optically pumped semiconductor, and others.

With the modality segment, the market is bifurcated into multiplatform and standalone. In terms of application, the market has been categorized into vascular lesions, hair removal, body contouring, skin resurfacing, scar & acne removal and others. The scar & acne removal segmentations ranges in different treatments such as removal of scars of sun damage, age spots and melisma.

In the case of applications, the market for cosmetic laser is segregated into varicose veins, skin rejuvenation, hair removal, vascular lesions, leg veins, tattoos, pigmented lesions, scars, acne and other applications namely, onychomycosis and gynecological conditions.

By end-user, the market has been fragmented into medical spas, dermatological clinics and hospitals. Market research demonstrates that dermatology clinic held considerable cosmetic lasers market share owing to factors such as technological advancements, easy accessibility of facilities, efficient consultancy and reduced hospitalization stay.

Some of the key players operating in this market includes SharpLight Technologies Inc, Solta Medical, Lumenis, Aerolase Corp., Syneron Medical Ltd., Hologic Inc., Cutera,  El.En. S.p.A., Sciton, Inc., Fosun Pharmaceutical

Cosmetic Lasers Market Segmentation:

By Type

  • Standalone Laser Devices
  • Carbon Dioxide (CO2) Lasers
  • Erbium YAG Lasers
  • Diode Lasers
  • Pulsed Dye Lasers (PDL)
  • Nd:Yag Lasers
  • Alexandrite Lasers
  • Other Devices (Ruby, Argon, Krypton, and Erbium:glass Lasers)
  • Multiplatform Laser Devices

By Application

  • Vascular Lesions, Acne, & Scars
  • Pigmented Lesions & Tattoos
  • Hair Removal
  • Skin Rejuvenation
  • Leg Veins & Varicose Veins
  • Other Applications (Onychomycosis, Gynecological Conditions)

By End-user

  •  Hospitals
  •  Dermatology Clinics
  •  Medical Spas

By Region

  •  Europe
  •  North America
  •  Asia Pacific
  •  Latin America
  •  Middle East & Africa

FutureWise Key Takeaways:

  •  Growth prospects
  •  SWOT analysis
  •  Key trends
  •  Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the market by type, by application, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

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