Aesthetic Lasers Market is predicted to expand rapidly at a CAGR of 6.4% to reach US$ 5.5 Bn by the end of 2032 | PMR Study

The global aesthetic lasers market was valued at US$ 2.8 Bn at the end of 2021 and is expected to increase at a high CAGR of 6.4% over the forecast period (2022-2032). Demand for aesthetic laser techniques is constantly growing with increased focus of the population on improving beauty and physical appearance.

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Increased disposable income among the population is one of the major growth factors of the aesthetic lasers market. A large portion of the population is investing in improving their appearance to boost their confidence socially. This trend is also being driven through social media and promotions by influencers and celebrities.

Procedures that could improve overall appearance, such as anti-aging treatments, dermal fillers, scar reduction, and painless hair removal, are seeing increased adoption. Also, the fact that all of these procedures are non-invasive and require less time is a major market driver.

Key Takeaways from Market Study

By product, ablative lasers held around 52.6% market share in 2021.
Hair removal application held around 22.2% of the global aesthetic lasers market share in 2021.
By end user, dermatology clinics are widely using aesthetic laser products, and the segment held a market share of around 30.3% in 2021.
Around 28.7% of the global market share, by region, was accounted for by North America in 2021.

"Rising focus among the global population on improving physical appearance will drive market growth over the coming years," says an analyst of Persistence Market Research.

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Market Competition

Leading players are launching new products, entering into acquisitions and mergers, and getting certified by regulatory authorities to expand their business. These factors have a positive impact on the aesthetic lasers market.

In December 2021, Allergan Aesthetics announced the successful completion of its acquisition of Soliton, Inc. The product RESONIC™ also received U.S. Food and Drug Administration (FDA) 510(k) clearance for long-term improvement.

In October 2020, Alma Lasers launched Alma HybridTM, the first and only device combining 3 powerful energy sources to deliver unparalleled results.

In July 2019, Lutronic announced FDA clearance of Intelligent Laser Platform: Clarity II.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the aesthetic lasers market in its latest study, presenting a historical demand assessment of 2012 - 2021 and projections for 2022 - 2032.

The research study is based on the product (ablative lasers (CO2 lasers and erbium lasers) and non-ablative lasers, (Nd: YAG lasers, alexandrite, intense pulsed light (IPL) lasers, and flash pulsed/ pump dye lasers (FPDL)), application (facial and skin treatment, pigmentation disorders, tattoo removal, vascular treatment, scar treatment, hair removal, body sculpting & fat destruction, acne reduction, and leg & varicose veins), and end user (dermatology clinics, aesthetic clinics, beauty/wellness centers, med spas, cosmetic & plastic surgery centers, and laser clinics), across seven key regions of the world.

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Key Questions Answered in This Report.

What are the Roadblocks for Aesthetic Lasers Market Suppliers?
What are the Key Opportunities for Aesthetic Lasers Market Manufacturers?
How is Focus on Safety Influencing Aesthetic Lasers Market Demand?
What is the Regulatory Impact on Global Sales of Aesthetic Lasers Market?
Which Region Offers the Largest Opportunity for Sales of Aesthetic Lasers Market?
Where Does the U.S. Stand in the Market for Aesthetic Lasers Market?
What Is the Outlook for Aesthetic Lasers Market Manufacturers in China?
Why is Germany a Lucrative Market for Aesthetic Lasers Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Aesthetic Lasers Market?
Why is There High Demand for Tires in Aesthetic Lasers Market?
Why are Sales of Aesthetic Lasers Market Surging?

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

This release was published on openPR.