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How has the cosmetic lasers market grown over the years?

In recent times, there has been a consistent expansion in the size of the cosmetic lasers market. This market is predicted to increase from $1.65 billion in 2024, to $1.72 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%. The historical period’s growth can be credited to the rise in cosmetic procedures, an escalation in medical tourism, the expanding acceptance of minimally invasive surgical procedures, a heightened focus on the development of superior products, an increase in skin disease cases, and the growing occurrence of polycystic ovary syndrome (PCOS).

What Is the forecasted market size and growth rate for the cosmetic lasers market?

Anticipated to witness a robust surge in the coming years, the cosmetic lasers market is projected to expand to a value of $2.15 billion in 2029, progressing at a compound annual growth rate (CAGR) of 5.8%. This expected growth within the forecast period can be ascribed to factors such as escalating urbanization, an aging population, heightened attention towards the creation of cutting-edge products, a surge in the demand for body contouring, and an increase in disposable personal income. During the forecast period, significant trends include the incorporation of IoT (Internet of Things) in cosmetic laser devices, pondering the delivery of robotic cosmetic laser systems, investments in 3D printing technology, concentration on the development of advanced products and strategic acquisition considerations.

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What are the major factors driving growth in the cosmetic lasers market?

The growth of the cosmetic lasers market is projected to increase, propelled by a growing number of aesthetic procedures being carried out. Aesthetic procedures, elective medical treatments that can be either surgical or non-surgical, are designed to improve a person’s appearance. This growth in aesthetic procedures is attributable to societal expectations of beauty, advances in technology, greater access, and social media influence. Cosmetic lasers are widely used in these aesthetic procedures to improve skin appearance, treat a variety of skin conditions, and perform non-invasive cosmetic enhancements. The British Association of Aesthetic Plastic Surgeons, a UK-based entity responsible for safety and education in cosmetic surgery, reported a substantial surge in cosmetic surgeries in 2022. In March 2023, it was reported that 31,057 cosmetic surgeries were performed in the UK in 2022, marking a significant increase of 102% from 2021. Women accounted for 93% of all such surgeries performed in 2022, marking a substantial increase of 101% compared to 2021. Meanwhile, men accounted for 7% of all procedures, displaying a significant rise of 118% from the preceding year. Therefore, this increase in the number of aesthetic procedures performed is significantly boosting the cosmetic lasers market.

What key areas define the segmentation of the global cosmetic lasers Market?

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

Subsegments:

1) By Standalone Lasers: CO2 Lasers, Erbium Lasers, Diode Lasers, Nd Lasers

2) By Multiplatform Lasers: Combination Laser Systems, Modular Laser Systems, Hybrid Laser Devices

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What are the top market players propelling the growth of the cosmetic lasers industry?

Major companies operating in the cosmetic lasers market include Cynosure Inc., Lumenis, Candela Medical, Solta Medical International Inc., Cutera Inc., El.En. SpA, Alma Lasers Ltd., Sciton Inc., 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

What are the key trends shaping the future of the cosmetic lasers market?

Leading corporations in the cosmetic lasers sector are concentrating on the innovation of advanced products like lasers and light-based multi-application platforms to solidify their market standing. A laser and light-based multi-application platform are versatile equipment engineered to administer multiple aesthetic and dermatological procedures using upgraded laser and light mechanisms for improved efficacy and patient results. For instance, Cutera, Inc., an aesthetic and dermatology solutions provider from the US, unveiled a cutting-edge multi-application platform named xeo+ in April 2024. This platform employs laser and light technology and is anchored on the principles of innovation and performance. Additionally, the xeo+ platform includes updated enhancements and redesigned handpieces to enable quicker procedures, simpler utilization, and a superior patient experience. This latest platform brings together versatility and progressive technology to address the changing requirements of active practices. It is anticipated that xeo+ will surpass customer expectations and set a new benchmark in the industry.

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What regions are dominating the cosmetic lasers market growth?

North America was the largest region in the cosmetic lasers market in 2024. Asia-Pacific was the second largest market in the cosmetic lasers market. The regions covered in the cosmetic lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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