According to a new report published by KD Market Insights, titled, Aesthetic Lasers and Energy Devices Market Insights, Trends, Opportunity Forecast, 20232032, the global aesthetic lasers and energy devices market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing desire, for invasive cosmetic procedures, advancements in technology, the increasing adoption of laser based devices, expanding middle class in developing regions and prevalence of skin diseases which are the major factors augmenting the growth of the global aesthetic lasers and energy devices market. The global aesthetic lasers and energy devices market is anticipated to grow at a high CAGR of 9.4% from 2023 to 2032. The market's revenue surged to $2.9 billion in 2022, and it is expected to further accelerate, reaching a notable $7.1 billion by 2032.
The increasing desire, for invasive cosmetic procedures and the quest for youthful and glowing skin, are further expected to create ample growth opportunities for the global aesthetic lasers and energy devices market during the forecast period i.e., 2023-2032. Moreover, the advancements in technology have paved the way for energy based devices attracting individuals seeking surgical cosmetic treatments, has propelled market expansion. The growing popularity of invasive cosmetic procedures and the importance placed on maintaining a youthful and radiant appearance, is expected to contribute towards the market growth during the period.
The North America region accounted for the largest share in the global aesthetic lasers and energy devices market in 2022. The region is further projected to continue dominating in the market during the forecast period. This can be attributed to the emphasis on youthful and radiant skin in both men and women. Additionally technological advancements in aesthetic lasers and energy devices.
According to technology, the laser-based technology segment accounted for the largest market share in the aesthetic lasers and energy devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 2032.
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The global aesthetic lasers and energy devices market is segmented into technology, product, application, end-users and region. Based on technology, the market is bifurcated into laser-based technology, light-based technology, and energy-based technology. Based on product, it is classified into laser resurfacing devices, body contouring devices, and aesthetic ophthalmology devices. Based on application, it is classified into hair removal, scar removal and skin resurfacing, skin rejuvenation, skin tightening, and others. Based on end-users, it is classified into multi-specialty centers, standalone centers, and cosmetic surgery centers clinics
The global aesthetic lasers and energy devices market is analyzed across North America (U.S. Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East Africa).
Key Insights of Aesthetic Lasers and Energy Devices Market
On the basis of technology, the laser-based technology segment accounted for the largest market share in the aesthetic lasers and energy devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 2032.
On the basis of region, North America accounted for the largest share in the global aesthetic lasers and energy devices market in 2022. The region is further projected to continue dominating in the market during the forecast period.
On the basis of region, Europe is estimated to account for the second largest share in the market during the forecast period.
Some of the major aesthetic lasers and energy devices companies profiled in the report include Allergan, Mentor, Alma Lasers, Bausch Health, Merz, Hologic, Novartis, Lumenis, Syneron, Cynosure, Solta, Cutera, PhotoMedex, Lutronic, Fotona, Quanta System SpA, Energist.
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