Professional Aesthetic Lasers Market Insights, Leading Players and Forecast Report 2030

Posted by Aryan on December 11th, 2023

The global professional aesthetic lasers market is witnessing growth and is projected to reach USD 3,387.4 million by 2030. The development of the market can be credited to the growing awareness via conferences and seminars, the rising elderly populace, increasing per-capita income, the rising medicinal tourism sector, the growing count of aesthetic procedures, technical improvement, and rising awareness about the safety and benefits of laser-based aesthetic devices.

During the projection period, the CO2 lasers category is projected to experience the highest development rate, on the basis of laser type. The growth of the category can be credited to the increasing utilization of CO2 lasers in pigmentation treatments and skin rejuvenation, which are growing in demand. Furthermore, such lasers are extremely desirable among consumers, as these provide improved results with the aid of their deep penetration properties.

The skin rejuvenation category generated the largest revenue share in the professional aesthetic lasers market, and the category is also projected to endure its position in the future as well, on the basis of application. This is credited to the increasing occurrence of certain undesirable changes, like dull tone, wrinkles, rough texture, scars, enlarged pores, and fine lines, which become obvious on the human face with oldness. Thus, to get a young glow, individuals are utilizing skin rejuvenation treatments, which results in increasing demand for such procedures.

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The private clinics category leads the industry, on the basis of end users. Furthermore, it is projected to be the fastest-rising category during the projection period, credited to the increasing concentration of private hospitals offering aesthetic treatments, not like hospitals, which are more inclined toward treating a variety of medicinal conditions, and where artistic treatments are only specialty treatments.

In recent years, the North American region generated the largest revenue share in the professional aesthetic lasers industry. This is primarily credited to the increasing healthcare spending, the existence of a huge count of industry players, the obtainability of cutting-edge aesthetic laser systems, and rising awareness about aesthetic treatments, in the continent.

In order to achieve a younger appearance, more and more consumers are choosing aesthetic laser treatments or procedures such as hair removal. Furthermore, according to the American Society for Dermatologic Surgery (ASDS), in 2018, the count of individuals who were chosen for cosmetic treatment doubled since 2013. Furthermore, numerous cosmetologists and dermatologists throughout the world are now adding laser and intense pulsed light (IPL) in skincare treatments to provide better results.

Hence, the growing awareness via conferences and seminars, rising elderly populace, increasing per-capita income, rising medicinal tourism sector, growing count of aesthetic procedures, technical improvement, and rising awareness about safety are the major factors propelling the market.