Global Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
$2,800.00 – $5,440.00
Increasing demand for non-invasive or minimally invasive procedures drives the demand for laser cosmetic surgery
The global laser cosmetic surgery market is expected to witness a strong growth rate of around 14.5% during the forecast period 2022-2028. Laser cosmetic surgeries are used for various treatments such as reducing wrinkles and scars, evening out skin coloring, and promoting the growth of new collagen fibers among others.
Increasing demand for non-invasive or minimally invasive procedures, the aging population, and technological advancements in laser cosmetic surgery are some of the key drivers of the global laser cosmetic surgery market. Moreover, with the rising availability of information on laser cosmetic surgery procedures, people are getting more aware of the benefits and risks of the treatments which led to greater acceptance of laser cosmetic surgery as a viable option for enhancing one’s appearance.
Effectiveness, versatility, and safety profile lead the non-ablative segment to gain significant traction
The non-Ablative Lasers segment is expected to dominate the global laser cosmetic surgery market. Non-ablative lasers burn the skin’s tissue below the surface without harming the skin’s outer layer. This means that compared to ablative lasers, which remove the skin’s outer layer, patients have less pain, less downtime, and fewer adverse effects.
Non-ablative lasers are also adaptable and can be utilized for a variety of aesthetic procedures, such as hair removal, acne treatment, and skin rejuvenation. The development of newer, more sophisticated non-ablative laser systems that can give more targeted, precise treatments with better outcomes has also been facilitated by technological improvements.
In the US, CO2 lasers are recommended by FDA (Food and Drug Administration) as it results in less bleeding
North America is estimated to be one of the prominent markets for laser cosmetic surgery on the back of increasing demand for non-invasive cosmetic procedures, and high disposable income in the region. The US Food and Drug Administration (FDA) granted CO2 laser approval in 1984, paving the way for more widespread use in the healthcare sector. In both cosmetic and medical procedures, the use of CO2 lasers is recommended since it results in less bleeding, less pain, and a considerably lower chance of infection.
Moreover, robots are being used in laser cosmetics surgeries in the US which is further enhancing the efficacy of the treatment, thus fueling the market growth. Europe is another major shareholding region in the global market. The market growth is driven by factors such as the aging population, increasing awareness about laser cosmetic procedures, and technological advancements in laser technology.
China entered the industry rather late, and today’s market is largely dominated by international companies like Cynosure, Candela, Alma, Lumenis, and Fotona. In the non-surgical sector’s subcategory of laser cosmetic devices, according to VBData.cn, domestic businesses are working to catch up and are about to terminate the import monopoly and achieve local substitution in the high-end market.
Market Structure and Competitive Landscape
The global laser cosmetic surgery market is fragmented in nature with various players operating in the market, some of the prominent players that contribute significantly to the Global Laser Cosmetic Surgery Market include Cutera Inc., Cynosure LLC, Syneron Candela, Solta Medical Inc., Lumenis Ltd., Alma Lasers Ltd., Sciton Inc., Palomar Medical Technologies Inc., Aerolase Corp., Fotona d.o.o., BTL Industries Inc., Venus Concept Canada Corp., Ellman International Inc., Zimmer Medizin Systeme GmbH, and Lutronic Corporation among others.
Startups and companies are actively developing and marketing innovative technologies in the global laser cosmetic surgery market. Some of the key developments in the global laser cosmetic surgery market include,
- In November 2022, FYihealth Group, a Calgary-based healthcare company announced to spin off its medical-aesthetics division and merge with Montreal-based Functionalab Group to form a new entity.
- In November 2020, ReNue continues expansion with the announcement of the merger with Beautiful Canadian Laser and Skincare.
Key Market Segmentation
RationalStat has segmented the global laser cosmetic surgery market on the basis of type, modality, application, end user, and region.
- By Type
- Ablative Lasers
- Non-Ablative Lasers
- Nd: YAG Lasers
- Others (Alexandrite Lasers, etc.)
- By Modality
- Intense Pulsed Light (IPL)
- Radiofrequency
- Pulsed Dye Laser (PDL)
- YAG Laser
- Carbon Dioxide Laser
- Erbium laser
- Others (Infrared, etc.)
- By Application
- Tattoo Removal
- Hair Removal
- Skin Laxity and Resurfacing
- Leg Veins
- Fine Lines and Wrinkles
- Pigmentation
- Others (Scare, etc.)
- By End User
- Hospitals
- Skin Care Clinics
- Others (Cosmetic Centers, etc.)
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Secondary Sources
- Annual reports, company filings, investor presentations, product catalogs, and company documents
- Industry and market-related documents available in the public domain
- Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
- Whitepapers, research papers, and industry blogs.
Why Buy this Report?
The report is intended for laser cosmetic surgery service providers, hospitals and clinics, cosmetics centers, government organizations, educational organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.
Frequently Asked Questions (FAQs)
The global laser cosmetic surgery market is expected to grow at a CAGR of 14.5% during the forecast period 2022-2028.
Increasing demand for Non-invasive or Minimally Invasive Procedures are some of the key trends in the global laser cosmetic surgery market.
North America is the leading region in the market.
Major companies operating in the global laser cosmetic surgery market include Cutera Inc., Cynosure LLC, Syneron Candela, Solta Medical Inc., Lumenis Ltd., Alma Lasers Ltd., Sciton Inc., Palomar Medical Technologies Inc., Aerolase Corp. etc.
| RESEARCH CODE | RST-SAR-158 |
|---|---|
| REGION | Global |
| RELEASE YEAR | 2023 |
| ADDITIONAL FEATURE | 24×7 Post sales support and 15% free customization |
| User License | Single User/Team License, Corporate License |
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
5.1. Impact on Growth Strategies
5.2. Impact on Operations and Supply Chain
5.3. Impact on Product Launch Plans
5.4. Impact on R&D Spending
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Per Capita Income by Select Countries
6.1.3.Consumer Spending on Laser Cosmetic Surgery by Region
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Cosmetic Surgery: Age Distribution
9.1. Surgical Procedures
9.1.1.Age 13-19
9.1.2.Age 20-29
9.1.3.Age 30-39
9.1.4.Age 40-54
9.1.5.Age 55-69
9.1.6.Age 70 and Above
9.2. Minimally-invasive Procedures
9.2.1.Age 13-19
9.2.2.Age 20-29
9.2.3.Age 30-39
9.2.4.Age 40-54
9.2.5.Age 55-69
9.2.6.Age 70 and Above
10. Industry Associations and Regulatory Bodies
11. Global Laser Cosmetic Surgery Market: Key Investment Analysis
11.1. By Companies
11.2. By Surgery Providers
11.3. By Healthcare
11.4. By Region
11.5. M&A Activities
Robust assessment of major investments made by various industry players in the areas ranging from the application, technology, key end users, etc.
12. Regional Penetration of Laser Cosmetic Surgery
12.1. North America
12.2. Latin America
12.3. Western Europe
12.4. Eastern Europe
12.5. Asia Pacific
12.6. Middle East & Africa
13. Parent Market Overview
13.1. Global Healthcare Market by Value (US$ Million)
13.2. Global Pharmaceutical Market by Value (US$ Million)
14. Global Installed Base Equipment: Laser Cosmetic Surgery
14.1. By Region
14.2. By Category
15. Segmental Analysis
15.1. Global Laser Cosmetic Surgery Market by Type in terms of Value (US$ Million)
15.1.1. Segment Overview
15.1.1.1. Ablative Lasers
15.1.1.2. Non-Ablative Lasers
15.1.1.3. Nd: YAG Lasers
15.1.1.4. Others (Alexandrite Lasers, etc.)
15.2. Global Laser Cosmetic Surgery Market by Modality in terms of Value (US$ Million)
15.2.1. Segment Overview
15.2.1.1. Intense Pulsed Light (IPL)
15.2.1.2. Radiofrequency
15.2.1.3. Pulsed Dye Laser (PDL)
15.2.1.4. YAG Laser
15.2.1.5. Carbon Dioxide Laser
15.2.1.6. Erbium laser
15.2.1.7. Others (Infrared, etc.)
15.3. Global Laser Cosmetic Surgery Market by Application in terms of Value (US$ Million)
15.3.1. Segment Overview
15.3.1.1. Tattoo Removal
15.3.1.2. Hair Removal
15.3.1.3. Skin Laxity and Resurfacing
15.3.1.4. Leg Veins
15.3.1.5. Fine Lines and Wrinkles
15.3.1.6. Pigmentation
15.3.1.7. Others (Scare, etc.)
15.4. Global Laser Cosmetic Surgery Market by Gender in terms of Value (US$ Million)
15.4.1. Segment Overview
15.4.1.1. Male
15.4.1.2. Female
15.5. Global Laser Cosmetic Surgery Market by End User in terms of Value (US$ Million)
15.5.1. Segment Overview
15.5.1.1. Hospitals
15.5.1.2. Skin Care Clinics
15.5.1.3. Others (Cosmetic Centers, etc.)
15.6. Global Laser Cosmetic Surgery Market by Region in terms of Value (US$ Million)
15.6.1. North America
15.6.2. Latin America
15.6.3. Western Europe
15.6.4. Eastern Europe
15.6.5. Asia Pacific
15.6.6. Middle East & Africa
16. Regional Analysis
16.1. North America Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.1.1. Regional Market Overview and Key Takeaways
16.1.2. North America Laser Cosmetic Surgery Market by Type
16.1.3. North America Laser Cosmetic Surgery Market by Modality
16.1.4. North America Laser Cosmetic Surgery Market by Application
16.1.5. North America Laser Cosmetic Surgery Market by Gender
16.1.6. North America Laser Cosmetic Surgery Market by End User
16.1.7. North America Laser Cosmetic Surgery Market by Country
16.1.7.1. US
16.2. Latin America Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.2.1. Regional Market Overview and Key Takeaways
16.2.2. Latin America Laser Cosmetic Surgery Market by Type
16.2.3. Latin America Laser Cosmetic Surgery Market by Modality
16.2.4. Latin America Laser Cosmetic Surgery Market by Application
16.2.5. Latin America Laser Cosmetic Surgery Market by Female
16.2.6. Latin America Laser Cosmetic Surgery Market by End User
16.2.7. Latin America Laser Cosmetic Surgery Market by Country
16.2.7.1. Brazil
16.2.7.2. Mexico
16.2.7.3. Rest of Latin America
16.3. Western Europe Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.3.1. Regional Market Overview and Key Takeaways
16.3.2. Western Europe Laser Cosmetic Surgery Market by Type
16.3.3. Western Europe Laser Cosmetic Surgery Market by Modality
16.3.4. Western Europe Laser Cosmetic Surgery Market by Application
16.3.5. Western Europe Laser Cosmetic Surgery Market by Gender
16.3.6. Western Europe Laser Cosmetic Surgery Market by End User
16.3.7. Western Europe Laser Cosmetic Surgery Market by Country
16.3.7.1. Germany
16.3.7.2. UK
16.3.7.3. France
16.3.7.4. Spain
16.3.7.5. Italy
16.3.7.6. Benelux
16.3.7.7. Nordic
16.3.7.8. Rest of Western Europe
16.4. Eastern Europe Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.4.1. Regional Market Overview and Key Takeaways
16.4.2. Eastern Europe Laser Cosmetic Surgery Market by Type
16.4.3. Eastern Europe Laser Cosmetic Surgery Market by Modality
16.4.4. Eastern Europe Laser Cosmetic Surgery Market by Application
16.4.5. Eastern Europe Laser Cosmetic Surgery Market by Gender
16.4.6. Eastern Europe Laser Cosmetic Surgery Market by End User
16.4.7. Eastern Europe Laser Cosmetic Surgery Market by Country
16.4.7.1. Russia
16.4.7.2. Poland
16.4.7.3. Rest of Eastern Europe
16.5. Asia Pacific Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.5.1. Regional Market Overview and Key Takeaways
16.5.2. Asia Pacific Laser Cosmetic Surgery Market by Type
16.5.3. Asia Pacific Laser Cosmetic Surgery Market by Modality
16.5.4. Asia Pacific Laser Cosmetic Surgery Market by Application
16.5.5. Asia Pacific Laser Cosmetic Surgery Market by Gender
16.5.6. Asia Pacific Laser Cosmetic Surgery Market by End User
16.5.7. Asia Pacific Laser Cosmetic Surgery Market by Country
16.5.7.1. China
16.5.7.2. Japan
16.5.7.3. India
16.5.7.4. South Korea
16.5.7.5. Australia
16.5.7.6. ASEAN
16.5.7.7. Rest of Asia-Pacific
16.6. Middle East & Africa Laser Cosmetic Surgery Market Analysis and Forecast 2019-2028
16.6.1. Regional Market Overview and Key Takeaways
16.6.2. Middle East & Africa Laser Cosmetic Surgery Market by Type
16.6.3. Middle East & Africa Laser Cosmetic Surgery Market by Modality
16.6.4. Middle East & Africa Laser Cosmetic Surgery Market by Application
16.6.5. Middle East & Africa Laser Cosmetic Surgery Market by Gender
16.6.6. Middle East & Africa Laser Cosmetic Surgery Market by End User
16.6.7. Middle East & Africa Laser Cosmetic Surgery Market by Country
16.6.7.1. GCC
16.6.7.2. South Africa
16.6.7.3. Turkey
16.6.7.4. Rest of the Middle East & Africa
17. Competitive Landscape
17.1. Competition Dashboard
17.1.1. Market Share Analysis by Brands
17.1.1.1. Regional
17.1.1.2. Global
17.1.2. Market Structure by Geography
17.2. Competitive Benchmarking
17.3. Key Strategy Analysis
17.4. Company Profiles
17.4.1. Cutera Inc.
17.4.1.1. Company Overview
17.4.1.2. Product/Service Offerings
17.4.1.3. Key Financials
17.4.1.4. Recent Developments
17.4.2. Cynosure LLC
17.4.2.1. Company Overview
17.4.2.2. Product/Service Offerings
17.4.2.3. Financials
17.4.2.4. Recent Developments
17.4.3. Syneron Candela
17.4.3.1. Company Overview
17.4.3.2. Product/Service Offerings
17.4.3.3. Financials
17.4.3.4. Recent Developments
17.4.4. Solta Medical Inc.
17.4.4.1. Company Overview
17.4.4.2. Product/Service Offerings
17.4.4.3. Financials
17.4.4.4. Recent Developments
17.4.5. Lumenis Ltd.
17.4.5.1. Company Overview
17.4.5.2. Product/Service Offerings
17.4.5.3. Financials
17.4.5.4. Recent Developments
17.4.6. Alma Lasers Ltd.
17.4.6.1. Company Overview
17.4.6.2. Product/Service Offerings
17.4.6.3. Financials
17.4.6.4. Recent Developments
17.4.7. Sciton Inc.
17.4.7.1. Company Overview
17.4.7.2. Product/Service Offerings
17.4.7.3. Financials
17.4.7.4. Recent Developments
17.4.8. Palomar Medical Technologies Inc.
17.4.8.1. Company Overview
17.4.8.2. Product/Service Offerings
17.4.8.3. Financials
17.4.8.4. Recent Developments
17.4.9. Aerolase Corp
17.4.9.1. Company Overview
17.4.9.2. Product/Service Offerings
17.4.9.3. Financials
17.4.9.4. Recent Developments
17.4.10. Fotona d.o.o.
17.4.10.1.Company Overview
17.4.10.2.Product/Service Offerings
17.4.10.3.Financials
17.4.10.4.Recent Developments
17.4.11. BTL Industries Inc.
17.4.11.1.Company Overview
17.4.11.2.Product/Service Offerings
17.4.11.3.Financials
17.4.11.4.Recent Developments
17.4.12. Venus Concept Canada Corp.
17.4.12.1.Company Overview
17.4.12.2.Product/Service Offerings
17.4.12.3.Financials
17.4.12.4.Recent Developments
17.4.13. Ellman International Inc.
17.4.13.1.Company Overview
17.4.13.2.Product/Service Offerings
17.4.13.3.Financials
17.4.13.4.Recent Developments
17.4.14. Zimmer Medizin Systeme GmbH
17.4.14.1.Company Overview
17.4.14.2.Product/Service Offerings
17.4.14.3.Financials
17.4.14.4.Recent Developments
17.4.15. Lutronic Corporation
17.4.15.1.Company Overview
17.4.15.2.Product/Service Offerings
17.4.15.3.Financials
17.4.15.4.Recent Developments
A comprehensive list of Laser Cosmetic Surgery providers will be provided along with geographical reach, employee count, revenue, product capacities, and capabilities
18. Disclaimer
Every Sample Includes
Research Methodology
Complete Table of Contents, List of Charts and Tables
Exclusive Facts & Illustrations
Related products
Healthcare & Pharmaceutical
Global AI in Drug Discovery Market Analysis and Forecast, 2022-2028
The global AI in the Drug Discovery market was US$ 780 million in 2021 and is expected to grow at a CAGR of 26.8% over the forecast period of 2023-2028.
Healthcare & Pharmaceutical
Global At-home Diagnostics Testing Market Analysis and Forecast 2019-2028
Ease and convenience of use in the comfort of homes, to raise the demand for home diagnostics test kits
Healthcare & Pharmaceutical
Global Clinical Diagnostics Market Analysis and Forecast 2019-2028
The increasing healthcare spending and technological advancements are expected to drive the market revenue
Healthcare & Pharmaceutical
Increasing approvals received for cancer immunotherapies coupled with the rising number of clinical trials drive the NK cell therapeutics market
Healthcare & Pharmaceutical
Global Syndromic Testing Market Analysis and Forecast 2019-2028
Technological advancements in molecular diagnostics fuel the demand for syndromic testing globally
Healthcare & Pharmaceutical
Global Core Molecular Laboratory Market Analysis and Forecast 2019-2028
Technological advancements and the adoption of personalized treatment to augment to grow the market revenue