Professional Aesthetic Lasers Market to Generate $3,387.4 Million by 2030

1. Professional Aesthetic Lasers Market to Generate $3,387.4 Million by 2030 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

2. The professional aesthetic lasers market is expected to grow at 10.3% CAGR during the forecast period (2021–2030), on account of the rising awareness of aesthetic lasers through conferences and seminars, increasing disposable income, surging alertness regarding safety and benefits of laser-based aesthetic devices, flourishing medical tourism industry, and soaring geriatric population. According to P&S Intelligence, the market generated a revenue of $1,303.9 million in 2020 and it is projected to reach $3,387.4 million by 2030. Moreover, continuous developments in laser technology will stimulate the market growth in the coming years. A significant number of seminars, exhibitions, and conferences are being conducted to impart knowledge about improvements in anti-aging treatments among plastic surgeons, general public, and students. Increasing frequency of these events will give a boost to the market in the foreseeable future. Also, market players are using these events as a platform to launch their products. For example, in April 2019, the Aesthetic & Anti-Aging Medicine World Congress (AMWC) was organized by EuroMediCom (Informa Group) in Monte Carlo, Monaco, for discussions and knowledge sharing on aesthetics and anti-aging devices. Additionally, the increasing elderly population will also act as a catalyst for the professional aesthetic lasers market growth in the future. The aging causes loss of fibrous tissue and lessening of skin stem cells, which, in turn, lead to skin sagging, pigmentary alteration, dryness, and wrinkles. For instance, the United Nations Department of Economic and Social Affairs (UNDESA) estimates that the population of people aged 65 years and above will reach 52.0 million in Brazil, 84.8 million in the U.S., 225.4 million in India, and 356.6 million in China, by 2050. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/professional- aesthetic-lasers-market/report-sample The laser type segment of the professional aesthetic lasers market is categorized into carbon dioxide (CO2), diode, erbium-doped yttrium aluminum garnet (Er:YAG), alexandrite, pulsed dye laser (PDL), and neodymium-doped yttrium aluminum garnet (Nd:YAG). Among these, the CO2 category will display the fastest growth during the forecast period. This can be attributed to the rising preference for CO2 lasers over other types of lasers, due to their exceptional penetration power in the skin and better results offered by them. These lasers are primarily used for pigmentation and skin rejuvenation treatments. In recent years, key players of the professional aesthetic lasers market have 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

3. started focusing on product launches to increase their profit margins. For example, Cutera Inc. introduced its Fraxis PRO progressive dermal remodeling technology, in August 2020. This technology is utilized for leveling up conventional skin revitalization by combining radiofrequency microneedling for total dermal remodeling and fractional CO2 for skin resurfacing. Fraxis PRO can be used for treating several skin disorders like stretch marks, fine lines, burn scars, wrinkles, and acne scars, by layering radiofrequency microneedling with CO2 laser energy. In 2020, North America generated the highest revenue in the professional aesthetic lasers market, globally, due to the increasing availability of enhanced laser systems and rising awareness about aesthetic treatments in the region. Moreover, strong presence of leading market players in North America also supported the market growth. The Asia-Pacific (APAC) region is expected to witnesses the fastest growth throughout the forecast period, on account of the burgeoning demand for primary applications of aesthetic lasers that encompass tattoo removal, skin rejuvenation, vascular lesions, medical spas, and hair removal. With the rising awareness about laser technology and the booming aging population, the market will observe a significant growth in the coming years. The research offers market size of the Global Professional Aesthetic Lasers Market for the period 2014–2030. Market Segmentation by Laser Type  Carbon Dioxide (CO2) Erbium Yttrium Aluminum Garnet (Er:YAG) Diode Pulsed-Dye Lasers (PDL)     Neodymium-Doped Yttrium Aluminum Garnet (Nd:YAG) Alexandrite Others Market Segmentation by Application    Skin Rejuvenation Hair Removal Pigmentation Tattoo Removal Vascular Lesions     3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

4. Others Market Segmentation by End User   Hospitals Private Clinics Spas and Salons Others Market Segmentation by Region     North America Professional Aesthetic Lasers Market oBy laser type oBy application oBy end user oBy country – U.S. and Canada U.S. professional aesthetic lasers market By laser type By application By end user Canada professional aesthetic lasers market By laser type By application By end user Europe Professional Aesthetic Lasers Market          oBy laser type oBy application oBy end user oBy country – Germany, France, U.K., Italy, Spain, Netherlands, and Rest of Europe Germany professional aesthetic lasers market By laser type By application By end user France professional aesthetic lasers market By laser type By application By end user U.K. professional aesthetic lasers market By laser type           4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

5. By application By end user   Italy professional aesthetic lasers market By laser type By application By end user Spain professional aesthetic lasers market By laser type By application By end user Netherlands professional aesthetic lasers market By laser type           By application By end user Asia-Pacific (APAC) Professional Aesthetic Lasers Market    oBy laser type oBy application oBy end user oBy country – China, Japan, India, Australia, and Rest of APAC China professional aesthetic lasers market By laser type By application By end user Japan professional aesthetic lasers market By laser type By application By end user         India professional aesthetic lasers market By laser type By application By end user Australia professional aesthetic lasers market By laser type By application By end user Latin America (LATAM) Professional Aesthetic Lasers Market          5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

6. oBy laser type oBy application oBy end user oBy country – Brazil, Mexico, Argentina, and Rest of LATAM  Middle East and Africa (MEA) Professional aesthetic lasers market oBy laser type oBy application oBy end user oBy country – Saudi Arabia, South Africa, U.A.E, and Rest of MEA 6 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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