Key Players in the Aesthetic Laser and Energy Device Market Expand Global Presence

The global aesthetic laser and energy device market (美容レーザーおよびエネルギー機器市場) is set to reach a substantial size, estimated at US$ 2.93 billion in 2024. With a projected growth trajectory, it is anticipated to soar to US$ 5.29 billion by 2034, showcasing a commendable Compound Annual Growth Rate (CAGR) of 6.1% over the ensuing decade. This surge is underpinned by a confluence of factors, including escalating demand for non-invasive cosmetic procedures, continual technological advancements, and an upsurge in disposable incomes worldwide. The market is witnessing healthy growth driven by ongoing advancements in medical technologies and an increasing global emphasis on aesthetics and beauty. These devices play a pivotal role in various cosmetic procedures, offering minimally invasive solutions for skin rejuvenation, hair removal, and body contouring.

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Key Takeaways from Market Study

The global aesthetic laser and energy device market is projected to expand at a CAGR of 6.1% from 2024 to 2034.
Sales of intense pulsed light (IPL)-based technologies are calculated at US$ 550.8 million for 2024.
Sales of aesthetic lasers and energy devices in the United States are projected to reach US$ 1.1 billion by 2034-end.
Growing adoption of aesthetic procedures, driven by a well-established healthcare infrastructure, is driving sales of aesthetic lasers and energy devices in Germany.
The market in South Korea is predicted to increase at a CAGR of 7.3% through 2034.
This business landscape is marked by continuous technological innovations, with manufacturers focusing on developing devices that offer higher precision, reduced downtime, and enhanced safety profiles. Integration of artificial intelligence and smart technologies is emerging as a prominent trend, contributing to personalized and intelligent treatment solutions.

Increasing adoption of combination therapies is also a notable trend, where multiple laser and energy devices are used in tandem to address various cosmetic concerns. This approach, often referred to as multi-modality, allows practitioners to achieve more comprehensive and customized results for patients.

Market Future Outlook:

The future outlook for the aesthetic laser and energy device market (미용 레이저 및 에너지 장치 시장) is positive, with continued growth expected in the coming years. The market is projected to expand at a steady pace, driven by factors such as increasing awareness about non-invasive cosmetic procedures, technological advancements, and the growing acceptance of these procedures.

Moreover, the market is expected to benefit from the introduction of new and innovative devices that offer better results with fewer side effects. Manufacturers are focusing on developing devices that are safer, more effective, and more user-friendly, which is expected to drive market growth.

Key Players:

Allergan plc (AbbVie Inc.)
Mentor Worldwide LLC (Johnson & Johnson)
Alma Lasers (Fosun Pharmaceutical Co., Ltd.)
Bausch Health Companies Inc.
Merz Pharma
Hologic, Inc.
Novartis AG
Cutera Inc.
Lumenis Ltd.
Syneron Candela
Cynosure (A division of Hologic Inc.)
Fotona d.o.o.
Sciton Inc.
Lutronic Corporation
Venus Concept Ltd.
El.En. S.p.A.
Solta Medical Inc. (A division of Bausch Health Companies Inc.)
Lynton Lasers Ltd.
Quanta System S.p.A.
Cutera (Australia) Pty Ltd.
Imdad LLC
Viora Ltd.
LISA Laser Products GmbH
Fotofinder Systems GmbH

Competitive Landscape:

Leading companies in the aesthetic laser and energy device sector are strategically leveraging organic and inorganic marketing strategies to bolster their market position and profitability. These tactics include innovation, new product launches, global expansion, partnerships, and customer-centric approaches.

Expansion into new geographic markets, particularly in emerging economies with a burgeoning interest in aesthetic procedures, allows key players to access untapped customer bases. This strategic global expansion not only drives revenue growth but also solidifies their foothold in the market.

For instance, in June 2022, Cynosure Inc. unveiled the world's first 755nm Picosecond Laser, which received FDA clearance. This pioneering laser is designed to target various aesthetic concerns, such as unwanted pigmentation and skin revitalization, and is suitable for all skin types.

In January 2021, Candela introduced the Frax Pro System, a non-ablative fractional device approved by the United States FDA. It stands out as the pioneer in providing dual-depth skin resurfacing through its Frax 1550 and Frax 1940 applicators.

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Key Segments of Aesthetic Laser and Energy Device Market (Markt für ästhetische Laser- und Energiegeräte) Research
By Product Type :

Laser Resurfacing Devices

Body Contouring Devices

Aesthetic Ophthalmology Devices

Others

By Technology :

Intense Pulsed Light (IPL)-based

Laser-based

LED-based

RF-based

Ultrasound-based

Others

By Application :

Body Shaping

Hair Removal

Facial & Skin Treatment

Tattoo Removal

Vascular Treatment

Intimate Wellness

Scars & Striae

Others

By End User :

Hospitals

Cosmetic Clinics

Home Care Settings

Beauty Centers & Spas

By Region :

North America

Latin America

Europe

East Asia

South Asia & Oceania

Middle East & Africa

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This release was published on openPR.