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Global Cosmetic Laser Market By Product (Pulsed Dye Laser, Nd: YAG, Carbon Dioxide, Diode, Er: YAG, and Others), By Application, By End User - Global Industry Outlook, Key Companies (Alma Laser, Cutera, and Sciton and Others), Trends and Forecast 2024-2033

Published on : December-2024  Report Code : RC-1280  Pages Count : 305  Report Format : PDF
Overview Table of Content Download Report's Excerpt Request Free Sample

Market Overview

Global Cosmetic Laser Market is projected to reach USD 2,963.4 million by the end of 2024 and grow exponentially to an anticipated value of USD 17,441.6 million in 2033 at a CAGR of 21.8%.

Global Cosmetic Laser Market Growth Analysis

Cosmetic laser therapy is a procedure that helps reduce facial wrinkles & skin imperfections like blemishes or acne scars. This method uses short, focused pulses of light on uneven skin surfaces to remove skin layers precisely, often referred to as lasabrasion, laser peel, or laser vaporization. It is commonly applied to address many skin conditions, like signs of aging, age spots, fine lines, wrinkles, birthmarks, spider veins, drooping or sagging eyelid skin, dry skin, and dark circles. Additionally, it can be used for correcting uneven skin tone and texture, treating smoker’s lines, and vascular lesions, & tightening the skin.

The US Cosmetic Laser Market

The US Cosmetic Laser market is expected to reach USD 859.8 million by the end of 2024 and is projected to grow significantly to an estimated USD 4,584.9 million by 2033, with a CAGR of 20.4%.

The US Cosmetic Laser Market Growth Analysis

The U.S. cosmetic laser market is driven by rising demand for minimally invasive aesthetic procedures, fueled by consumer desire for youthful appearance & skin rejuvenation. Technological advancements in laser systems, offering enhanced precision and reduced downtime, attract both patients & practitioners.
Personalization is becoming a trend in the US cosmetic laser market, driven by advancements in technology that enable highly tailored treatments. Modern laser systems are equipped with sophisticated features that allow practitioners to adjust settings based on individual patient characteristics, such as skin type, tone, & specific conditions.

Key Takeaways

  • Market Growth: It is projected that the global cosmetic laser market will experience growth of 13,898.8 million at a CAGR of 21.8 % from 2025 to 2033.
  • Market Definition: Cosmetic laser is a medical device that uses focused light energy to treat various skin conditions or enhance appearance.
  • Product Analysis: Pulsed Dye Laser is expected to dominate the market, securing the largest share in 2024.
  • Application Analysis: Body contouring as an application is expected to lead the market with a revenue share of 27.1 % in 2024.
  • End User Analysis: Cosmetic surgical clinics are expected to dominate the market with a market share of 36.0% in 2024.
  • Regional Analysis: North America is predicted to lead the cosmetic laser market globally with a 34.5% market share by 2024.

Use Cases

  • Hair Removal: Laser hair removal has become one of the most sought-after cosmetic procedures, using laser light beams to target and destroy individual follicles for permanent reduction of unwanted hair growth.
  • Skin Rejuvenation: Lasers are becoming the go-to remedy for treating wrinkles, fine lines, and sun damage on the skin. Fractional CO2 & Erbium lasers can resurface the skin layer to stimulate collagen production while simultaneously improving overall texture and tone of the complexion.
  • Pigmentation and Spot Treatment: Cosmetic Lasers like Q-switched lasers or Nd lasers can effectively target & diminish pigmentation issues such as age spots, sunspots, and melasma.
  • Acne and Acne Scarring: Lasers can assist in treating both active acne as well as its scars, such as residual marks left from previous outbreaks. Pulsed dye lasers and fractional lasers are available to address both current inflammation as well as their residual aftermaths.

Market Dynamic

Drivers

Advancements in Skin Tightening Technology
The rise in popularity of advanced skin-tightening technologies drives the cosmetic laser market. Lasers with longer wavelengths penetrate deeply into the dermis, effectively stimulating collagen production. This process improves skin elasticity & reduces signs of aging, addressing common cosmetic concerns like sagging and wrinkles. As these technologies become more sophisticated and effective, they attract a growing number of consumers seeking non-invasive solutions for youthful, firm skin.

Increasing Demand for Non-Surgical Aesthetic Procedures
There's a growing preference for non-invasive or minimally invasive cosmetic procedures over traditional surgical options. Lasers offer effective treatments for skin resurfacing, hair removal, and other aesthetic enhancements with minimal downtime, making them highly desirable.

Restraints

High Costs of Laser Treatments
One of the major restraints of the cosmetic laser market is the high cost associated with laser treatments. The expense of purchasing and maintaining advanced laser equipment, along with the price of individual treatments, can be prohibitive for many consumers. This high-cost limits accessibility and may deter potential clients, particularly in regions with lower average incomes or in markets where cosmetic procedures are considered luxury items.

Risk of Side Effects and Complications
Cosmetic lasers can cause adverse reactions such as skin irritation, burns, changes in pigmentation, or scarring, particularly if not used properly which may limit the broader acceptance of laser treatments. Additionally, the need for trained professionals to minimize risks adds to the overall complexity and cost of procedures.

Opportunities

Growing Demand for Treatments for Obesity-Related Skin Conditions
The rise in obesity rates and its associated skin conditions, such as acanthosis nigricans and skin tags, presents a significant opportunity for the cosmetic laser market. With 60% to 70% of obese individuals experiencing these skin issues, there is a growing demand for effective treatment solutions. Cosmetic lasers can address these conditions by improving skin appearance and texture, providing a valuable opportunity for market expansion.

Expansion of Solutions for Common Skin Ailments
The increasing prevalence of skin-related ailments, such as rosacea and acne, creates opportunities for the cosmetic laser market. With over 5.4% of the general population affected by rosacea and 15% of women experiencing acne annually, there is a substantial market for laser treatments designed to alleviate these conditions. Advances in laser technology can offer effective, minimally invasive solutions for managing & treating these common skin issues, thereby expanding market potential and meeting the needs of a growing patient demographic.

Trends

Rising Popularity of Minimally Invasive Procedures
As awareness about physical appearance increases and the cosmetic industry expands, more individuals are seeking less invasive options for cosmetic enhancements. This trend is driven by the desire for effective treatments with minimal downtime and reduced recovery periods. The increasing number of people opting for minimally invasive cosmetic procedures is fueling the demand for specialized cosmetic lasers, contributing to the market's growth.

Increasing Demand for Procedure-Specific Lasers in Specialty Clinics
As the number of skin problems and cosmetic concerns grows, specialty clinics are increasingly investing in advanced, targeted laser technologies to address specific conditions. This trend reflects a broader shift towards tailored treatment solutions that offer precise and effective results for various skin issues. The growth in specialty clinics focusing on specific cosmetic laser treatments highlights the market's response to increasing consumer demand for specialized and personalized care.

Research Scope and Analysis

By Product

Pulsed Dye Laser are envisaged to account for the largest share of the cosmetic laser market owing to their versatility that enables them to address a plethora of skin issues. It is operated using a light wavelength that targets blood vessels in the skin making it a durable tool for the treatment of vascular lesions including spider veins, rosacea, and port-wine stains. These are employed in the removal of pigmented lesions and may also assist in skin texture and color. 

These lasers are well capable of pinpointing the areas that require treatment without causing much harm to the other adjacent tissues which has made them a favorite with dermatologists & cosmetic surgeons. On the other hand, the future trends for ND YAG- Neodymium-doped Yttrium Aluminum Garnet laser are expected to record enhanced growth for its applications and efficiency to treat the deeper layers. 

These are ideal for the treatment of vascular lesions including spider veins, varicose veins, or laser hair removal for a number of skin types including skin type-V. They are employed in skin tightening or re-contouring since the longer wavelength goes deeper into the dermis to stimulate production of collagen thereby making the skin firm again and eliminating some of the fine lines on the skin.

By Application

Body contouring is projected to become one of the leading applications in the cosmetic laser market by 2024 with a 27.1% revenue share due to increasing consumer interest in noninvasive body sculpting solutions that improve body structure without extensive surgical interventions. Advanced laser technologies employed for body contouring like radiofrequency & laser lipolysis offer targeted fat reduction and skin tightening benefits, making these treatments attractive to individuals looking to refine their physique without significant downtime. 

Global Cosmetic Laser Market Application Share Analysis

These procedures have grown increasingly popular as people become more self-aware about their physical appearance and seek an ideal body type. Thanks to technological developments, body contouring procedures now boast improved effectiveness and safety which makes them even more appealing for consumers. Following body contouring's rising popularity, hair removal applications are also growing more widespread due to their efficiency and long-term effects. Furthermore, advancements in laser technology make treatments faster & more comfortable than ever. 

Laser hair removal offers a more permanent solution by targeting specific hair follicles with pinpoint precision, ultimately leading to reduced growth over time. Skin resurfacing and scar & acne removal treatments address skin texture and pigmentation issues through treatments like fractional laser therapy and chemical peels; simultaneously offering improvements to overall appearance through treatments like fractional laser therapy or chemical peels.

By End User

Cosmetic surgical clinics are projected to lead the market with a 36.0% revenue share by 2024 due to increased personal grooming awareness and body-shaping goals. As more individuals become image-conscious, demand for procedures that improve aesthetics and help achieve desirable body shapes has seen significant expansion, spurring an explosion of cosmetic surgical centers. Modern laser technologies available at these clinics enable a range of services such as hair removal, skin resurfacing, wrinkle reduction, and tattoo removal. 

As obesity rates soar globally, more cosmetic laser procedures than ever are being requested from physicians worldwide. Body contouring devices that aim to tighten loose skin or remove fat deposits in areas like the waist, abdomen, or upper torso play an essential part in driving growth in the cosmetic laser market. Clinics that strive to attract customers who prioritize both safety & efficacy typically invest in advanced laser systems to remain competitive & attract clients who prioritize both aspects.

Skin care clinics have quickly emerged as a popular trend within the cosmetic market since their focus is noninvasive or minimally invasive treatments such as laser facials, chemical peels, & microdermabrasion, catering to those looking for effective rejuvenation without surgery.

Global Cosmetics Laser Market Report is segmented based on the following

By Product

  • Pulsed Dye Laser
  • Nd: YAG
  • Carbon Dioxide
  • Diode
  • Er: YAG
  • Others

By Application

  • Body Contouring
  • Hair Removal
  • Skin Resurfacing
  • Scar & Acne Removal
  • Vascular Lesions
  • Others

By End User

  • Cosmetic Surgery Clinics
  • Skin Care Clinics
  • Hospitals
  • Others

Regional Analysis

North America is expected to lead the cosmetic laser market with a revenue share of 34.5% by 2024 due to an increasing number of surgeons, rising consumer spending patterns, and enhanced research activity within this field. As more advanced technologies & efforts to promote non-invasive cosmetic treatments become widespread, market expansion should increase accordingly. Major companies like Hologic Inc., Bausch Health Companies Inc., and Cutera Inc. 

Global Cosmetic Laser Market Regional Analysis

further contribute to regional market expansion. North America is seeing strong market growth due to an expanding obese population and easy access to cosmetic laser procedures for cosmetic enhancement with large target populations and attractive healthcare reimbursement policies, among other factors. Meanwhile, Asia-Pacific is expected to experience notable expansion due to promotional activities for cosmetic laser treatment across emerging nations across this region.

By Region

North America
  • The U.S.
  • Canada
Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Russia
  • Spain
  • Benelux
  • Nordic
  • Rest of Europe
Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • ANZ
  • ASEAN
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of Latin America
Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Israel
  • Egypt
  • Rest of MEA

Competitive Landscape

The cosmetic laser market is highly competitive, driven by the introduction of advanced light-based technologies such as infrared, radiofrequency, intense pulsed light (IPL), and light-emitting diode (LED) systems. Key factors driving this competition include the quick adoption of cutting-edge devices to improve treatment outcomes and continuous technological innovation. Technological advancements in laser modalities, such as improved safety profiles and user-friendly designs, have further accelerated market growth. 

To maintain a competitive edge, leading players continuously invest in research and development to refine their products, while frequently engaging in mergers and acquisitions to consolidate their market position, expand their geographical footprint, and diversify their product portfolios. Some key players in this market include Alma Laser, Cutera, and Sciton.

Some of the prominent players in the global cosmetic laser market are
  • Alma Laser
  • Cynosure,
  • Sciton
  • Cutera
  • El.En. S.p.A.
  • Fotona d.o.o.
  • Hologic, Inc.
  • Lumenis
  • Sharplight Technologies Ltd.
  • Syneron Medical Ltd.
  • Aerolase Corp.
  • Others

Recent Development

  • In June 2024, Lumenis Be. Ltd., a leading provider of energy-based medical devices for aesthetics and eye care, announced the launch of its revolutionary laser system targeting hair loss. Recently approved by the FDA, FoLix is now the first and only fractional laser treatment available in the U.S. for safe and effective hair restoration in both men and women.
  • In May 2023, WellMedica Cosmetic Laser Surgery Center introduced the latest advancement in non-invasive laser treatments, offering patients a more youthful and healthier appearance with visible results after just one session. Dr. Dima Ali, Founder, and Medical Director of WellMedica, proudly announced the arrival of the UltraClear™ Lase by the first cold fiber laser in the aesthetic market—now available in the Washington, D.C. area.
  • In July 2022, Reveal Lasers, LLC, a global leader in minimally invasive cosmetic surgical procedures and aesthetic solutions, expanded its presence into North America by opening a new corporate office in Las Vegas and launching its products in the region. This move is a significant step in the company’s strategic plan for further global growth.

Report Details

Report Characteristics
Market Size (2024) USD 2,963.4 Mn
Forecast Value (2033) USD 17,441.6 Mn
CAGR (2024-2033) 21.8%
Historical Data 2018 – 2023
The US Market Size (2024) USD 859.8 Mn
Forecast Data 2025 – 2033
Base Year 2023
Estimate Year 2024
Report Coverage Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc.
Segments Covered By Product (Pulsed Dye Laser, Nd: YAG, Carbon Dioxide, Diode, Er: YAG, and Others), By Application (Body Contouring, Hair Removal, Skin Resurfacing, Scar & Acne Removal, Vascular Lesions, Others), By End User (Cosmetic Surgery Clinics, Skin Care Clinics, Hospitals, and Others)
Regional Coverage North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
Prominent Players Alma Laser, Cynosure, Sciton, Cutera, El.En. S.p.A., Fotona d.o.o., Hologic, Inc., Lumenis, Sharplight Technologies Ltd., Syneron Medical Ltd., Aerolase Corp., and Others, and Other Key Players
Purchase Options We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users) and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively.

 

Frequently Asked Questions

  • How big is the Global Cosmetic Laser Market?

    The Global Cosmetic Laser Market size is estimated to have a value of USD 2,963.4 million in 2024 and is expected to reach USD 17,441 million by the end of 2033.

  • Which region accounted for the largest Global Cosmetic Laser Market?

    North America is expected to be the largest market share for the Global Cosmetic Laser Market with a share of about 34.5 % in 2024.

  • Who are the key players in the Global Cosmetic Laser Market?

    Some of the major key players in the Global Cosmetic Laser Market are Alma Laser, Cutera, and Sciton. and many others.

  • What is the growth rate in the Global Cosmetic Laser Market?

    The market is growing at a CAGR of 21.8 percent over the forecasted period.

  • How big is the US Cosmetic Laser Market?

    The Global US Market size is estimated to have a value of USD 859.8 million in 2024 and is expected to reach USD 4,584.9 million by the end of 2033.

  • Contents

      1.Introduction
        1.1.Objectives of the Study
        1.2.Market Scope
        1.3.Market Definition and Scope
      2.Cosmetic Laser Market Overview
        2.1.Global Cosmetic Laser Market Overview by Type
        2.2.Global Cosmetic Laser Market Overview by Application
      3.Cosmetic Laser Market Dynamics, Opportunity, Regulations, and Trends Analysis
        3.1.Market Dynamics
          3.1.1.Cosmetic Laser Market Drivers
          3.1.2.Cosmetic Laser Market Opportunities
          3.1.3.Cosmetic Laser Market Restraints
          3.1.4.Cosmetic Laser Market Challenges
        3.2.Emerging Trend/Technology
        3.3.PESTLE Analysis
        3.4.PORTER'S Five Forces Analysis
        3.5.Technology Roadmap
        3.6.Opportunity Map Analysis
        3.7.Case Studies
        3.8.Opportunity Orbits
        3.9.Pricing Analysis
        3.10.Ecosystem Analysis
        3.11.Supply/Value Chain Analysis
        3.12.Covid-19 & Recession Impact Analysis
        3.13.Product/Brand Comparison
      4.Global Cosmetic Laser Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by By Product, 2017-2032
        4.1.Global Cosmetic Laser Market Analysis by By Product: Introduction
        4.2.Market Size and Forecast by Region
        4.3.Pulsed Dye Laser
        4.4.Nd: YAG
        4.5.Carbon Dioxide
        4.6.Diode
        4.7.Er: YAG
        4.8.Others
      5.Global Cosmetic Laser Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by By Application, 2017-2032
        5.1.Global Cosmetic Laser Market Analysis by By Application: Introduction
        5.2.Market Size and Forecast by Region
        5.3.Body Contouring
        5.4.Hair Removal
        5.5.Skin Resurfacing
        5.6.Scar & Acne Removal
        5.7.Vascular Lesions
        5.8.Others
      6.Global Cosmetic Laser Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by By End User, 2017-2032
        6.1.Global Cosmetic Laser Market Analysis by By End User: Introduction
        6.2.Market Size and Forecast by Region
        6.3.Cosmetic Surgery Clinics
        6.4.Skin Care Clinics
        6.5.Hospitals
        6.6.Others
      10.Global Cosmetic Laser Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by Region, 2017-2032
        10.1.North America
          10.1.1.North America Cosmetic Laser Market: Regional Analysis, 2017-2032
            10.1.1.1.The US
            10.1.1.2.Canada
        10.2.1.Europe
          10.2.1.Europe Cosmetic Laser Market: Regional Trend Analysis
            10.2.1.1.Germany
            10.2.1.2.France
            10.2.1.3.UK
            10.2.1.4.Russia
            10.2.1.5.Italy
            10.2.1.6.Spain
            10.2.1.7.Nordic
            10.2.1.8.Benelux
            10.2.1.9.Rest of Europe
        10.3.Asia-Pacific
          10.3.1.Asia-Pacific Cosmetic Laser Market: Regional Analysis, 2017-2032
            10.3.1.1.China
            10.3.1.2.Japan
            10.3.1.3.South Korea
            10.3.1.4.India
            10.3.1.5.ANZ
            10.3.1.6.ASEAN
            10.3.1.7.Rest of Asia-Pacifc
        10.4.Latin America
          10.4.1.Latin America Cosmetic Laser Market: Regional Analysis, 2017-2032
            10.4.1.1.Brazil
            10.4.1.2.Mexico
            10.4.1.3.Argentina
            10.4.1.4.Colombia
            10.4.1.5.Rest of Latin America
        10.5.Middle East and Africa
          10.5.1.Middle East and Africa Cosmetic Laser Market: Regional Analysis, 2017-2032
            10.5.1.1.Saudi Arabia
            10.5.1.2.UAE
            10.5.1.3.South Africa
            10.5.1.4.Israel
            10.5.1.5.Egypt
            10.5.1.6.Turkey
            10.5.1.7.Rest of MEA
      11.Global Cosmetic Laser Market Company Evaluation Matrix, Competitive Landscape, Market Share Analysis, and Company Profiles
        11.1.Market Share Analysis
        11.2.Company Profiles
          11.3.1.Company Overview
          11.3.2.Financial Highlights
          11.3.3.Product Portfolio
          11.3.4.SWOT Analysis
          11.3.5.Key Strategies and Developments
        11.4.Alma Laser
          11.4.1.Company Overview
          11.4.2.Financial Highlights
          11.4.3.Product Portfolio
          11.4.4.SWOT Analysis
          11.4.5.Key Strategies and Developments
        11.5.Cynosure,
          11.5.1.Company Overview
          11.5.2.Financial Highlights
          11.5.3.Product Portfolio
          11.5.4.SWOT Analysis
          11.5.5.Key Strategies and Developments
        11.6.Sciton
          11.6.1.Company Overview
          11.6.2.Financial Highlights
          11.6.3.Product Portfolio
          11.6.4.SWOT Analysis
          11.6.5.Key Strategies and Developments
        11.7.Cutera
          11.7.1.Company Overview
          11.7.2.Financial Highlights
          11.7.3.Product Portfolio
          11.7.4.SWOT Analysis
          11.7.5.Key Strategies and Developments
        11.8.El.En. S.p.A.
          11.8.1.Company Overview
          11.8.2.Financial Highlights
          11.8.3.Product Portfolio
          11.8.4.SWOT Analysis
          11.8.5.Key Strategies and Developments
        11.9.Fotona d.o.o.
          11.9.1.Company Overview
          11.9.2.Financial Highlights
          11.9.3.Product Portfolio
          11.9.4.SWOT Analysis
          11.9.5.Key Strategies and Developments
        11.10.Hologic, Inc.
          11.10.1.Company Overview
          11.10.2.Financial Highlights
          11.10.3.Product Portfolio
          11.10.4.SWOT Analysis
          11.10.5.Key Strategies and Developments
        11.11.Lumenis
          11.11.1.Company Overview
          11.11.2.Financial Highlights
          11.11.3.Product Portfolio
          11.11.4.SWOT Analysis
          11.11.5.Key Strategies and Developments
        11.12.Sharplight Technologies Ltd.
          11.12.1.Company Overview
          11.12.2.Financial Highlights
          11.12.3.Product Portfolio
          11.12.4.SWOT Analysis
          11.12.5.Key Strategies and Developments
        11.13.Syneron Medical Ltd.
          11.13.1.Company Overview
          11.13.2.Financial Highlights
          11.13.3.Product Portfolio
          11.13.4.SWOT Analysis
          11.13.5.Key Strategies and Developments
        11.14.Aerolase Corp.
          11.14.1.Company Overview
          11.14.2.Financial Highlights
          11.14.3.Product Portfolio
          11.14.4.SWOT Analysis
          11.14.5.Key Strategies and Developments
      12.Assumptions and Acronyms
      13.Research Methodology
      14.Contact
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