The Global Aesthetic Lasers market is accounted for $580.6 million in 2016 and is expected to reach $1,293.7 million by 2022 growing at a CAGR of 14.3% from 2016 to 2022. Rising awareness about safety of aesthetic lasers is primarily favouring the aesthetic lasers market. Furthermore, increasing geriatric population, technological advancements in aesthetic lasers, increasing adoption of non-invasive aesthetic procedures and aging baby boomers as well as changing lifestyle and growing disposable income are the factors enhancing market growth. However, stringent government regulations, lack of appropriate reimbursement policies, stigma attached to cosmetic surgery and low focus of key market players on aesthetic devices would restrict the aesthetic lasers market growth. Furthermore, FDA approvals for these devices, remarkable growth in male participation and the growing trend of body altering in emerging countries, such as India, Brazil and China, are the key opportunities for the market.
In 2015, laser hair removal application segment acquired the highest market share due to increased focus on body appearance, advancements in the laser technology and rising disposable income. Multiplatform lasers segment is expected to exhibit considerable growth over the forecast period. North American region has the maximum penetration of aesthetic lasers. Asia Pacific is expected to witness fastest growth on account of rapidly increasing medical tourism, changing lifestyles and rising incidences of skin damage in countries such as India and China.
Some of the key global players in aesthetic lasers market include Lynton Lasers, Alma Lasers, Sharplight Technologies Ltd., Solta Medical Inc., Deka Laser, El.En SpA, Lumenis Ltd., Syneron Medical Ltd. Cutera, Sciton, Inc., Viora, Aerolase, STRATA Skin Sciences, Cynosure, Inc and Lutronic.
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Laser Types Covered:
Carbon Dioxide (Co2) Laser
Er:YAG (Erbium YAG) Laser
Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser
Pulsed Dye Lasers
Other Standalone Lasers
Laser Hair Removal
IPL Laser Treatment
Laser Skin Resurfacing
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End Users Covered:
Private Surgery Centers/Clinics
Rest of Europe
Rest of Asia Pacific
Rest of the World
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