Cosmetic Lasers Market Share, Trends, Growth Rate, Industry Report And Forecast To 2033

The cosmetic lasers market size has grown strongly in recent years. It will grow from $1.68 billion in 2023 to $1.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth in cosmetics procedures, a rise in medical tourism, growing adoption of minimally invasive surgical procedures, increased focus on developing advanced products, rising incidences of skin diseases, and rising prevalence polycystic ovar*y syndrome (pcos).

The cosmetic lasers market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising urbanization, rising ageing population, increased focus on developing advanced products, a rise in demand for body contouring, and rising disposable personal income . Major trends in the forecast period include invest in developing iot (internet of things) linked cosmetic laser devices, consider providing robotic cosmetic laser systems, invest in 3d printing technology, focus on developing advanced products, and consider strategic acquisition.

Market Overview -
A cosmetic laser is a device used to reduce facial wrinkles and skin irregularities, such as acne scars or blemishes. Cosmetic lasers are also used for removing unwanted hair from the body by beaming highly concentrated light into the hair follicles.

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Rising Global Urbanization Fuels Growth In The Cosmetic Lasers Market
The rising urbanization all over the globe is significantly contributing to the growth of the cosmetic lasers market in the forecast period. Urbanization refers to the population movement from a rural to an urban setting and increasing human population densities in urban areas. Growth in urbanization is increasing focus on body appearance, beauty and health consciousness which will further drive the cosmetic lasers market growth. For instance, according to the Department of Economic and Social Affairs, United Nations, 68% of the world's population i.e. 2.5 billion people are projected to live in urban areas by 2050. Therefore, rising urbanization all over the globe is expected to drive the cosmetic lasers market.

Competitive Landscape -
Major companies operating in the cosmetic lasers market report are Cynosure Inc., Lumenis, Candela Medical, Solta Medical International Inc., Cutera Inc., El.En. SpA, Alma Lasers Ltd., Sciton Inc., Aerolase Corporation, Lynton Lasers Ltd., Evolve Med Spa, Cosderma, Beijing ADSS Development Co. Ltd, Array Medical, China Daheng Group Inc., Guangzhou Graceful Beauty Equipment Co. Ltd, Sincoheren IPL Laser Aesthetic Inc., Aman Tokyo Spa, Trumps Spa, Chuan Spa, Shanghai Fosun Pharmaceutical (group) co. ltd., LASERAID UK, Laser And Asthetics, Polaris Medical, All4lasers, Exerter Medical, Lanserhof, Ritz Carlton, Clarins, Fonteverde, Lefay Resort & Spa Lago Di Garda, Chelsea Day Spa, Nirvana Spa, Four Seasons Spa, The Bulgari Spa, Thermae Bath Spa, Terme Di Saturnia, L'Oreal, The Massage Company, ADSS lasers, Medicalliance, Jeisys, ASP medica, Alto Senso, Amoveo Spa, Vremya SPA, Karuna Spa, Expat Salon, Carolline Thai Spa, Oasis Beauty Day Spa, Isla Masaz & Spa, Aerolase, Strata Skin Sciences, Viora, Bausch Health, MicroAire Surgical, Fotona LLC, Galderma Laboratories LP, Syneron Medical Inc., Arak Medical Equipment Company, De Nova Laser Cosmetic Center, Premium Cosmetic Laser Center, Cosmolaser Medical Centre, Dubai Derma, Derma zone Laser & Cosmetic Center, Royalty Laser Cosmetic Center, Majestic Dermatology, Grandville Medical Group, Nigermed Skin Care, Sternlaser, Technolase Medical Laser Technologies, BSE Aesthetics, Ghana Medical Beauty Equipment, Sudan Diode Laser Machine, BASF, Elana Jade Beauty Spa

Advancements In Cosmetic Laser Technology Drive Market Growth
The increased focus on developing advanced products is significantly contributing to the growth of the cosmetic lasers market. Major companies operating in cosmetic lasers are focused on developing advanced products to strengthen their position in the market. For instance, in 2021, Solta Medical, a US-based medical device company launched The Clear + Brilliant Touch Laser, the company's next-generation Clear + Brilliant laser. The Clear + Brilliant Touch laser delivers a customized and more comprehensive treatment protocol by providing patients of all ages and skin types with the benefits of two wavelengths. By seamlessly switching between two wavelengths with the Original and Perméa handpieces, physicians can now more easily deliver a more complete treatment during a single appointment. Therefore, the increased focus on developing advanced products by major players is anticipated to propel the cosmetic lasers market growth.

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Key Segments -
The cosmetic lasers market covered in this report is segmented -
1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Laser: YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Other Lasers
3) By Application: Hair Removal, Skin Resurfacing, Vascular Lesions, Scar and Acne Removal , Body Contouring, Other Applications
4) By End User: Hospitals, Skin care clinics, Cosmetics Surgical Centre

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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