NEW YORK ,
July 19,
2024 /PRNewswire/ -- The global aesthetic lasers and
energy devices market size is estimated to grow by
USD 2.37 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of almost 10.87% during the forecast
period. Increasing global awareness about medical
aesthetics is driving market growth, with a trend
towards availability of unconventional treatments.
However, high cost of products poses a challenge. Key
market players include AbbVie Inc., Aerolase Corp., Alma Lasers
Ltd., Bausch Health Companies Inc., Candela Corp., Cutera Inc.,
El.En. S.p.A., Energist Ltd., Fotona d.o.o, Hologic Inc., Johnson
and Johnson Services Inc., Lumenis Be Ltd., Lutronic Inc., Lynton
Lasers Ltd., Merz Pharma GmbH and Co KGaA, Photomedex Inc., Sciton
Inc., Shanghai Fosun Pharmaceutical Group Co. Ltd., Venus Concept
Inc., and Zensar Technologies Inc..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Technology (Laser,
Light, RF, and Others), Application (Skin resurfacing, Body
contouring, and Skin rejuvenation), and Geography (North America,
Europe, Asia, and Rest of World (ROW))
|
Region
Covered
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Key companies
profiled
|
AbbVie Inc., Aerolase
Corp., Alma Lasers Ltd., Bausch Health Companies Inc., Candela
Corp., Cutera Inc., El.En. S.p.A., Energist Ltd., Fotona d.o.o,
Hologic Inc., Johnson and Johnson Services Inc., Lumenis Be Ltd.,
Lutronic Inc., Lynton Lasers Ltd., Merz Pharma GmbH and Co KGaA,
Photomedex Inc., Sciton Inc., Shanghai Fosun Pharmaceutical Group
Co. Ltd., Venus Concept Inc., and Zensar Technologies
Inc.
|
Key Market Trends Fueling Growth
The aesthetic lasers and energy devices market cater to various
non-surgical procedures for improving physical health and enhancing
the appearance of areas like the face, neck, arms, buttocks, knees,
and thighs. A growing trend in this market is non-surgical vaginal
rejuvenation, addressing changes in genitalia due to aging,
hormonal shifts, childbirth, and other factors. These procedures
use RF or laser energy to induce collagen tightening, restoring
optimal vaginal tissue structure. The increasing number of
healthcare professionals offering these advanced treatments and
rising awareness among consumers are driving market growth in both
developed and developing countries.
The Aesthetic Lasers and Energy Devices market is experiencing
significant growth due to increasing demand for medical procedures
that address various skin issues. Key trends include the Skin
Rejuvenation segment, targeting facial veins, wrinkled skin, sun
damage, and pigmented lesions. Hospitals, Medical Devices
companies, Cosmetic Centers, Dermatology Clinics, and Ambulatory
Surgery Centers are major consumers. Laser-based, Light-based, and
Energy-based technologies are driving innovation, offering
solutions for skin defects caused by aging, accidents, or distorted
physical appearance. Tattoo removal, unwanted lesions, and excess
sagging skin are common applications. Physiology and ageing skin
are key areas of focus. Obesity and stubborn fat are new markets,
with non-invasive and minimally invasive devices gaining
popularity. Sciton, a leading player, uses Optical Coherence
Tomography for precision and safety. Medical aesthetics continues
to merge with the beauty industries, fueled by the desire for
celebrity looks and improved physical appearance. Overall, this
market is expected to thrive as consumers seek effective solutions
for various skin concerns.
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Market Challenges
- The global aesthetic lasers and energy devices market is
witnessing significant growth due to the increasing demand for
non-surgical skin rejuvenation procedures. However, the adoption of
these treatments is limited in developing countries due to their
high costs. On average, laser skin tightening costs between
USD450 and USD2,000, and Ultherapy for the face and neck
ranges from USD4,000 to USD5,500. Various factors influence the cost,
including the type of equipment used, the size of the area to be
treated, and the number of sessions required. Vendors primarily
target high-income and upper-middle-class patients, limiting access
for middle and lower-middle-class consumers. This trend poses a
challenge to the market's growth during the forecast period.
Advances in technology will introduce new skin tightening systems
with varying light intensities and cooling mechanisms, offering
more affordable options for a wider customer base.
- The Aesthetic Lasers and Energy Devices market encompasses
light-based, laser, and energy technology used in dermatological
practices and aesthetic centers for various cosmetic procedures.
Challenges include the increasing popularity of teledermatology,
competition from multi-specialty, standalone, and cosmetic surgery
centers, and rising healthcare expenditure. Key applications
include hair removal, skin rejuvenation, skin tightening, aesthetic
ophthalmology, and body contouring. Technologies like
radiofrequency, laser-based, and light-based are utilized for hair
transplantation, body shaping, facial rejuvenation, cellulite
reduction, and scar removal. Market drivers include growing demand
for non-invasive cosmetic procedures, personal care, and social
media influence. However, challenges include the need for personal
protective equipment and trained medical staff, as well as
addressing dermatological conditions like acne scars, age spots,
sun damage, vascular lesions, unwanted hair, and photoaging.
Devices include laser resurfacing, body contouring, and handheld
devices like microdermabrasion and Lasabrasion. Market trends
include the integration of technology for tattoo removal and the
emergence of energy-based technologies like Intense Pulsed Light
(IPL) and Nd:YAG lasers. In summary, the Aesthetic Lasers and
Energy Devices market faces challenges in a competitive landscape,
but continues to grow due to increasing demand for non-invasive
cosmetic procedures and personal care. Technological advancements
and the integration of new applications will drive market
growth.
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challenges - Download a Sample Report
Segment Overview
This aesthetic lasers and energy devices market report
extensively covers market segmentation by
- Technology
- 1.1 Laser
- 1.2 Light
- 1.3 RF
- 1.4 Others
- Application
- 2.1 Skin resurfacing
- 2.2 Body contouring
- 2.3 Skin rejuvenation
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Laser- The Aesthetic Lasers and Energy
Devices market refers to the industry that manufactures and sells
equipment using laser and energy technologies for cosmetic
procedures. These devices include laser hair removal systems, skin
resurfacing lasers, and body contouring devices. Market growth is
driven by increasing consumer demand for non-invasive cosmetic
treatments and advancements in technology. Companies in this market
focus on developing innovative and effective solutions to meet
consumer needs. Key players include Cynosure, Palomar Medical
Technologies, and Lumenis.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
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The global energy-based aesthetic devices market continues to
expand, with France emerging as a
significant player in the aesthetic devices market. Aesthetic
lasers, a crucial segment within this industry, are driving growth
worldwide. As innovations in technology enhance treatment precision
and safety, market size projections underscore sustained demand.
France, known for its
sophisticated healthcare infrastructure, is seeing increased
adoption of aesthetic solutions, contributing to the market's
robust expansion.
Research Analysis
The Aesthetic Lasers and Energy Devices market encompasses a
range of technologies used to address various dermatological
conditions and cosmetic concerns. These devices leverage the power
of laser and energy-based treatments to address sun damage skin,
wrinkles, unwanted lesions, and excess sagging skin. The physiology
of aging skin, sun damage, and skin cancer are key drivers for this
market. Non-invasive and minimally invasive devices are popular
choices for addressing non-surgical cosmetic procedures, including
the removal of unwanted hair, tattoo removal, and vascular lesions.
Additionally, the market caters to the removal of acne scars, age
spots, and pigmented lesions. Social media and personal care trends
continue to fuel the demand for these devices in the beauty
industries. Medical devices play a crucial role in treating skin
defects and improving physical appearance through medical
procedures.
Market Research Overview
The Aesthetic Lasers and Energy Devices market encompasses a
range of technologies used to address various dermatological
conditions and cosmetic concerns. These include sun damage skin,
wrinkles, unwanted lesions, and excess sagging skin. The market
caters to both medical and aesthetic practices, with non-invasive
and minimally invasive devices gaining popularity due to their
minimal downtime. Physiology of ageing skin and obesity are
key drivers for this market. Laser and light-based technologies
dominate the market, offering solutions for skin rejuvenation, skin
tightening, body contouring, aesthetic ophthalmology, hair removal,
and tattoo removal. Other energy-based technologies like
radiofrequency are also used for body shaping and facial
rejuvenation. The market serves multi-specialty centers, standalone
centers, cosmetic surgery centers, and hospitals. Skin treatments
for conditions such as acne scars, age spots, sun damage, vascular
lesions, unwanted hair, and facial veins are common applications.
The market is influenced by healthcare expenditure, social media
trends, personal care, and the beauty industries. Personal
protective equipment and trained medical staff are essential for
safe usage. The market includes key segments like laser resurfacing
devices, body contouring devices, and aesthetic ophthalmology
devices. Key applications include scar removal, skin resurfacing,
and handheld devices like microdermabrasion and Lasabrasion. Other
applications include photoaging, dyschromia, and tattoo removal.
The market also caters to medical procedures for skin cancer and
road accidents resulting in distorted physical appearance.
Celebrity looks and societal pressure to maintain a youthful
appearance fuel the demand for cosmetic procedures. The market
offers various non-invasive cosmetic procedures for dermatological
conditions and personal care. Laser-based technology, light-based
technology, and energy-based technology are the primary
technologies used in this market. The market is expected to grow
significantly due to increasing awareness and acceptance of these
technologies for cosmetic and medical applications.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Technology
-
- Application
-
- Skin Resurfacing
- Body Contouring
- Skin Rejuvenation
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
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technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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