According to FutureWise analysis the market for laser aesthetics in 2023 is US$ 0.35 billion, and is expected to reach US$ 0.54 billion by 2031 at a CAGR of 5.62%.
Skin laser resurfacing, also known as laser aesthetics, helps reduce blemishes, wrinkles, and pigmentation, such as sunspots and freckles, by using brief, immediate, pulsating, focused water rays. A laser peel, Las abrasion, or laser vaporization is another name for this method of skin resurfacing. The treatment can be used for a wide range of skin problems, including dark spots, face ageing, pigment alterations, redness, and other conditions. Additionally, they differ in terms of downtime and aggressiveness based on the laser or light device utilized. Wrinkly skin can be treated with an aesthetic laser device, delaying appearance of aging signs and rectifying wrinkles. Aesthetics is the term used to describe a wide range of specialties that deal with improving the appearance of skin by treating conditions such as scars, skin laxity, wrinkles, and moles. Increasingly, laser-based aesthetic procedures are becoming more popular because they involve less pain, smaller incisions, shorter hospital stays, and faster recovery times. Due to this, the demand for laser-based aesthetic procedures among obese people is anticipated to increase, driving the growth of the laser aesthetics industry during the forecast period. Specifically, aesthetic medicine focuses on improving cosmetic appearance by treating scars, wrinkles, moles, skin laxity, excess fat, liver spots, unwanted hair, cellulite, spider veins, and skin discolorations. In its early stages, it consists of plastic surgery, reconstructive surgery, and dermatology. Aside from facelifts, radiofrequency ablation liposuction, and breast implants, there are also surgical procedures associated with it. Its non-surgical procedures include non-surgical liposuction, radiofrequency skin tightening, and chemical peel. The physicians can recommend sometimes both in combination. Even though aesthetic medicine and its procedures are particularly voluntary, it comprises immense benefits like an increase in the quality of life and psychological well-being. Laser-based aesthetic procedures are gaining popularity because they involve less pain, smaller incisions, reduced hospital stay, and faster recovery. This will boost the demand for laser-based aesthetic procedures among people suffering from obesity and drive the laser aesthetics industry growth during the predicted period. The market is witnessing a high influx of patients because laser-based aesthetic procedures are less expensive in comparison to conventional surgeries. Furthermore, non-invasive laser-based aesthetic procedures are also gaining popularity in various fields such as dermatology, ophthalmology, cardiovascular, cosmetic surgery, dentistry, and oncology.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Laser Aesthetics Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Laser Aesthetics Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.