Global Cosmetic Laser Market to Surpass USD 13.18 billion by 2031 Driven by Increasing Demand for Lasers
SkyQuest projects that the global cosmetic laser market will attain a value of USD 13.18 billion by 2031, with a CAGR of 21% during the forecast period (2024-2031). The demand for lasers is expected to increase rapidly due to aging babies, excessive amount to be spent on cosmetic surgery in middle class Increasing popularity of radiofrequency-based treatments is also driving the cosmetic laser market. Picoway, LaseMD, FraxPro, and Pixel CO2 radiofrequency-based devices are gaining popularity because they are noninvasive and effective in treating a wide range of skin Candela Medical’s Picoway laser platform has high peak power and ultra-short pulse time for photoacoustic effects. The platform is used for tattoo removal, skin rejuvenation, toning and treatment of pigmentation lesions.
In recent years, the demand for minimally invasive treatments has increased in the global cosmetic laser market. The advantages of such procedures compared to plastic surgery include smaller incisions, faster wound healing, less pain, fewer surgical scars and the risk of having fewer challenges.
Changes in consumer lifestyles influence the use of commercial washing machines in various industries. Front-end washing machines are more efficient and use less water and electricity than overhead machines in the global cosmetic laser market. This allows business owners to reduce operating costs. These advantages lead to the expansion of the cosmetic laser market for industrial washing machines.
Prominent Players of Global Cosmetic Laser Market
- Cutera
- El.En. S.p.A.
- Fotona d.o.o.
- Hologic, Inc.
- Lumenis
- Sharplight Technologies Ltd.
- Syneron Medical Ltd.
- Aerolase Corp.
- Bausch Health Companies, Inc.
- Biolitec AG
- Candela Corporation (Syneron Candela)
- Deka Laser Technologies
- Energist Ltd.
- Erchonia Corporation
- Iridex Corporation
- Quanta System S.p.A.
- Solta Medical (Valeant Pharmaceuticals)
Cosmetic Surgical Centers Segment to Dominate Market Owing to Increasing Cases of Obesity
The cosmetic surgical centers segment is expected to hold the largest share in the market. This is due to increased personal awareness of self-exercise and conditioning. Also, the increasing incidence of obesity across the globe is contributing to the expansion of the cosmetic laser market. Body contouring techniques are used to build up sagging skin or remove unwanted fat from different parts of the body, such as the thighs, ab