The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s cosmetic lasers market report forecasts the cosmetic lasers market size to grow to $5.89 Billion by 2027, with a CAGR (compound annual growth rate) of more than 19%.

Learn More On The Cosmetic Lasers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cosmetic-lasers-global-market-report

Cosmetic Lasers Market Size Forecast
The global cosmetic lasers market is expected to grow from $2.42 billion in 2022 to $2.93 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cosmetic lasers market size is expected to grow to $5.89 billion in 2027 at a CAGR of 19.1%.

North America held the largest cosmetic lasers market share.

Key Cosmetic Lasers Market Driver ­– Rise In Medical Tourism
For instance, according to a 2021 report by Health Care Insider, a privately-owned company that helps consumers make better healthcare decisions, 290,000 Americans visited another nation in 2020 for medical procedures. In 2020, around 3% of Americans who travelled abroad did so for medical reasons. Therefore, the upraising medical tourism industry is predicted to augment the demand for cosmetic lasers.

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Key Cosmetic Lasers Market Trend – Developing Innovative And Technologically Advanced Products
The companies are increasingly focusing on developing innovative and technologically advanced products to meet the requirement of end-users, expand the company product portfolio, and maximize company sales. For instance, in January 2020, Lumenis, an Israel-based manufacturer of minimally invasive clinical solutions for aesthetic, surgical, and ophthalmology markets launched LightSheer Quattro, a product that offers hair removal treatment for all skin types.

Cosmetic Lasers Market Segment
1) By Type: Standalone Lasers, Multiplatform Lasers
2) By Modality: Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radiofrequency, Infrared, Other Modalities
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

Cosmetic Lasers Market Major Players and Strategies
Major players in the cosmetic lasers market are Cutera Inc., Cynosure Inc., Lumenis, Aerolase Corporation, ALMA LASERS Ltd., Sciton Inc., Syneron Candela, Solta Medical International Inc., ElEn SpA, Lynton Lasers Ltd., Medicure Group Of Companies, Thermage, ALLTEC GmbH (FOBA), Mentor, Fotona, Allergan Inc., and Galderma Laboratories LP.

In August 2020, Sensus Healthcare, Inc., a US-based medical device company specializing in highly effective, non-invasive, minimally invasive treatments, acquired Aesthetic Mobile Laser Services and Aesthetic Laser Partners for an undisclosed amount. Through this acquisition, Sensus Healthcare gets access to new dermatology accounts for its superficial radiation therapy (SRT) systems and an introduction to the new line of lasers. Aesthetic Mobile Laser Services and Aesthetic Laser Partners are Florida-based mobile aesthetic laser companies.

The Cosmetic Lasers Global Market Report 2023 covers regional data on cosmetic lasers market size, cosmetic lasers market trends and drivers, opportunities, strategies, and cosmetic lasers market competitor analysis. The countries covered in the cosmetic lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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.

View More Reports Related To The Cosmetic Lasers Market –
Cosmetic Surgery Global Market Report 2023
Mineral Cosmetics Global Market Report 2023
Vegan Cosmetics Global Market Report 2023

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