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How has the aesthetic lasers market size evolved in recent years?

Recent years have seen an impressive expansion in the aesthetic lasers market, with projections indicating it will balloon from $2.26 billion in 2024 to reach $2.52 billion in 2025. This corresponds to a compound annual growth rate (CAGR) of 11.2%. Factors contributing to this substantial growth during the historical period include an increasing preference for non-invasive procedures, heightened aesthetic consciousness, an expanding aging population, a surge in skin-related disorders, and the widespread impact of social media.

What are the predictions for the aesthetic lasers market size in the coming years?

The market size for aesthetic lasers is forecasted to experience swift expansion in the coming years, reaching $3.82 billion in 2029, with a compound annual growth rate (CAGR) of 11.0%. This projected growth within the forecast period is largely due to its increasing use in medical aesthetics, the heightened popularity of laser procedures for tattoo removal, growth in disposable income, a renewed focus on skin renewal therapies, and a rising number of aesthetic clinics. Key trends to watch during this period include the development of hybrid laser systems, a heightened demand for fractional lasers, an increase in customized laser treatments, the implementation of artificial intelligence in laser tools, and a surge in demand for multi-functional aesthetic lasers.

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What key factors are fueling the growth of the aesthetic lasers market?

The escalation in occurrences of skin problems is likely to foster the expansion of the aesthetic lasers market. Skin troubles span a range of conditions that affect skin health and appearance, including acne, eczema, psoriasis, and infections, capable of causing symptoms like redness, dryness, pigmentation changes, and irritation. Environmental pollution, extended exposure to UV radiation, unhealthy living habits, bad diet, high stress, and genetic predispositions are some of the driving factors contributing to the rise in these skin-related issues. Aesthetic lasers, which emit concentrated light energy to target specific skin layers, encourage collagen production, and facilitate skin renewal, are being utilized to combat various skin concerns. They assist in enhancing skin texture, hue, and overall look, while ensuring a minimal recuperation period. Notably, in July 2022, The International Agency for Research on Cancer (IARC), a French specialized cancer agency under the World Health Organization, published a report stating that around 330,000 new melanoma cases were detected worldwide during 2022, nearly 60,000 of these cases tragically led to fatalities. Adding to that, the American Cancer Society, a non-profit organization based in the US, predicted in January 2024 that about 100,640 fresh melanoma cases will be diagnosed in the United States, resulting in an anticipated 8,290 deaths. Hence, the rising instances of skin-related issues act as a catalyst in propelling the growth of the aesthetic lasers market.

How is the global aesthetic lasers market divided into key segments?

The aesthetic lasers market covered in this report is segmented –

1) By Type: Ablative Laser, Non-Ablative Laser

2) By Application: Skin Resurfacing Or Skin Rejuvenation, Hair Removal, Acne And Scars, Tattoo Removal, Treatment Of Vascular Lesions, Other Applications

3) By End User: Dermatology Clinics, Beauty And Wellness Centers, Medical Spas

Subsegments:

1) By Ablative Laser: CO2 Lasers, Erbium Lasers, Fractional Lasers

2) By Non-Ablative Laser: Diode Lasers, Pulsed Dye Lasers, Nd:YAG Lasers, Alexandrite Lasers, Intense Pulsed Light (IPL) Systems

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Who are the key firms paving the way for growth in the aesthetic lasers market?

Major companies operating in the aesthetic lasers market are Solta Medical Inc., Cynosure, El.En. S.p.A., InMode, Lumenis Be Ltd., Cutera Inc., Alma Lasers Ltd., Candela Medical, Fotona, Sciton Inc., BIOLASE Inc, Jeisys Medical, Quanta System S.p.A., SharpLight Technologies Ltd., Tria Beauty Inc., Aerolase Corp, Energist Ltd., Lynton Lasers, Aesthetics Biomedical, LYMA Life Ltd, DEKA M.E.L.A. S.r.l., Leaflife Technology, BVLASER

What key trends are currently impacting the aesthetic lasers market’s development?

Leading entities in the aesthetic lasers market are directing their focus on the creation of advanced technology like Low-Level Laser Therapy (LLLT) equipment. These tools offer non-surgical solutions for hair loss issues by encouraging hair regrowth and enhanced scalp health. LLLT is a painless procedure that uses low concentration light to ignite cell activity, promote healing, subside inflammation, and improve hair growth, pain relief, and skin rejuvenation. For example, in June 2024, Lumenis Be. Ltd., a medical device company based in Israel that specializes in energy-based tools, announced the release of FoLix. It’s the first fractional laser unit to have FDA clearance for hair loss treatment in both genders. This revolutionary technology employs exact laser pulses to stimulate hair follicles thus promoting hair growth without requiring chemicals, needles, anesthesia, or a surgical procedure. After 4-6 monthly sessions, patients can anticipate noticeable differences.

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What regions are contributing significantly to the growth of the aesthetic lasers market?

North America was the largest region in the aesthetic lasers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aesthetic lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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