Aesthetic Laser and Energy Device Market to Hit US$ 5.29 Billion by 2034: Fact.MR Analysis

Advanced Aesthetic Lasers and Energy Devices Incorporating AI Enhancing Patient Outcome and Reducing Recovery Time

/EIN News/ -- Rockville , Nov. 28, 2023 (GLOBE NEWSWIRE) -- According to a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the global Aesthetic Laser and Energy Device Market is estimated at US$ 2.93 billion in 2024 and is predicted to reach US$ 5.29 billion by 2034-end.

The market is witnessing healthy growth driven by ongoing advancements in medical technologies and an increasing global emphasis on aesthetics and beauty. These devices play a pivotal role in various cosmetic procedures, offering minimally invasive solutions for skin rejuvenation, hair removal, and body contouring.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9136

Key Segments of Aesthetic Laser and Energy Device Industry Research Report    

By Product Type	By Technology	By Application	By End User
Laser Resurfacing Devices Body Contouring Devices Aesthetic Ophthalmology Devices Others	Intense Pulsed Light (IPL)-based Laser-based LED-based RF-based Ultrasound-based Others	Body Shaping Hair Removal Facial & Skin Treatment Tattoo Removal Vascular Treatment Intimate Wellness Scars & Striae Others	Hospitals Cosmetic Clinics Home Care Settings Beauty Centers & Spas

This business landscape is marked by continuous technological innovations, with manufacturers focusing on developing devices that offer higher precision, reduced downtime, and enhanced safety profiles. Integration of artificial intelligence and smart technologies is emerging as a prominent trend, contributing to personalized and intelligent treatment solutions.

Increasing adoption of combination therapies is also a notable trend, where multiple laser and energy devices are used in tandem to address various cosmetic concerns. This approach, often referred to as multi-modality, allows practitioners to achieve more comprehensive and customized results for patients.

Key Takeaways from Market Study

• The global aesthetic laser and energy device market is projected to expand at a CAGR of 6.1% from 2024 to 2034.
• Sales of intense pulsed light (IPL)-based technologies are calculated at US$ 550.8 million for 2024.
• Sales of aesthetic lasers and energy devices in the United States are projected to reach US$ 1.1 billion by 2034-end.
• Growing adoption of aesthetic procedures, driven by a well-established healthcare infrastructure, is driving sales of aesthetic lasers and energy devices in Germany.
• The market in South Korea is predicted to increase at a CAGR of 7.3% through 2034.

“Growing consumer preference for non-invasive and minimally invasive aesthetic procedures is stimulating demand for advanced aesthetic lasers and energy devices,” says a Fact.MR analyst.

Competitive Analysis

Leading aesthetic laser and energy device manufacturers are Merz Pharma, Hologic, Inc., Novartis AG, Cynosure Inc., Syneron Medical Ltd., and Cutera Inc. Leading companies are focusing on research and development efforts to introduce advanced products and strategic partnerships to expand their market reach.

• In January 2021, Candela introduced the Frax Pro System, a non-ablative fractional device approved by the United States FDA. It stands out as the pioneer in providing dual-depth skin resurfacing through its Frax 1550 and Frax 1940 applicators.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9136

Report Attribute	Details
Value Projection (2034)	USD 5.29 Billion
Growth Rate (2024-2034)	6.1% CAGR
No. of pages	170 Pages
No. of Tables	80 Tables
No. of Figures	219 Figures

The United States is experiencing a surge in demand for non-invasive aesthetic procedures, with laser technologies leading this trend. As American consumers increasingly choose minimally invasive aesthetic treatments, sales of aesthetic lasers and energy devices are expected to see substantial growth over the next decade.

Germany's well-established healthcare infrastructure supports the widespread adoption of aesthetic procedures, driven by access to advanced technologies and skilled professionals. The country's prominence in medical tourism further contributes to market growth, attracting individuals seeking advanced aesthetic treatments.

South Korea, known for its rapid adoption of new technologies, is emerging as a popular destination for medical tourism in the aesthetic industry. The combination of high-quality services and advanced laser technologies is propelling market growth in the country.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global aesthetic laser and energy device market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.

The study divulges essential insights on the market based on product type (laser resurfacing devices, body contouring devices, aesthetic ophthalmology devices, others), technology (intense pulsed light [IPL]-based, laser-based, LED-based, RF-based, ultrasound-based, others), application (body shaping, hair removal, facial & skin treatment, tattoo removal, vascular treatment, intimate wellness, scars & striae, others), and end user (hospitals, cosmetic clinics, home care settings, beauty centers & spas), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

Checkout More Related Studies Published by Fact.MR Research:

Dental Lasers Market: The global dental lasers market reached a valuation of US$ 241.74 million in 2021 FY and is likely to register a Y-o-Y growth rate of 7.0% in 2022, closing at US$ 261.56 million.

Energy-based Aesthetic Devices Market: The global energy-based aesthetic devices market is currently valued at USD 5.8 billion and is expected to grow at a CAGR of 13.8%. The market for energy-based aesthetic devices is expected to reach USD 21.14 billion by 2032.

Next Generation Wound Closure Device Market: The global next-generation wound closure device market is valued at USD 16.25 Billion in 2022. Further, this market is expected to grow with a CAGR of 7.1%.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog