Aesthetic Medical Laser Systems Market Report Forecast to 2027

Aesthetic Medical Laser Systems Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Standalone Lasers, and Multiplatform Lasers); Application (Hair Removal, Acne and Scars, Skin Rejuvenation, Pigmented Lesions, Leg and Varicose Veins, and Others); End User (Hospitals, Clinics, Medical Spas, and Others) and Geography

  • Report Code : TIPRE00015186
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 173
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[Research Report] The aesthetic medical laser systems market was valued at US$ 956.87 million in 2019 and it is projected to reach US$ 1,961.00 million by 2027; it is expected to grow at a CAGR of 9.6% during 2020–2027.

Aesthetic medical laser systems are used to offer different therapies or treatments for hair removal, acne and scars, skin rejuvenation, pigmented lesions, and leg and varicose veins. They are offered in different types of lasers, such as carbon dioxide (CO2) lasers, Er:YAG (Erbium YAG) lasers, diode lasers, and pulsed dye lasers.

Rise of nonsurgical technologies and availability of new treatment options have made aesthetics more accessible to people. Laser technology has allowed people to live life confidently with a good appearance. The benefits of laser procedures have attracted younger people to improve their skin conditions, modify body parts, and correct their physical posture. According to the global survey published by the International Society of Aesthetic Plastic Surgery (ISAPS) in December 2020, cosmetic procedures registered a rise of 7.4% in 2019 compared to 5.6% in 2018. The report also highlighted a 7.1% and 7.6% increase in surgical and nonsurgical procedures, respectively, in 2019.

Lucrative Regions in Aesthetic Medical Laser Systems Market

Lucrative Regions in Aesthetic Medical Laser Systems Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

At present, medical laser systems are prominently used in several medical applications, such as diagnostics, therapeutics, and surgical procedures—including dental, cosmetic, and ophthalmic. According to the United States Food and Drug Administration (FDA), these surgeries are further categorized for different applications.

Depending upon the severity and requirement, different types of lasers—including diode, fiber, Raman, and Mid-IR hybrid lasers—are utilized. Developments in technology have enabled medical professionals to offer efficient and effective laser therapies for medical indications, such as cancer, cardiovascular diseases, and pain management. In addition, technological advancements have further extended the use of lasers for painless sealing of nerves after surgery and prevention of blood loss by sealing the injured site. Thus, use of lasers in the medical field allows surgeons to achieve complicated surgical procedures with reduced blood loss and decreased postoperative discomfort. It also reduces the chances of wound infections and offers faster and better wound healing. Thus, owing to the broad medical applications of lasers and their associated benefits, the market is expected to continue its growth during the forecast period.

Products: Type Insights

In terms of type, the global aesthetic medical laser systems market is segmented into standalone lasers and multiplatform lasers. The standalone lasers segment held the largest share of the market in 2019. The multiplatform lasers segment is expected to continue its dominance and register the highest CAGR in the market during the forecast period.

Aesthetic Medical Laser Systems Market, by Material – 2019 and 2027

Aesthetic Medical Laser Systems Market, by Material – 2019 and 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

End User Insights

Based on end user, the global aesthetic medical laser systems market is segmented into hospitals, clinics, medical spas, and others. The clinics segment held the largest share of the market in 2019, and it is expected to register the highest CAGR during the forecast period.

According to the ISAPS, the widely performed aesthetic procedures among women were breast augmentation, liposuction, and eyelid surgery. Among men, gynecomastia, eyelid surgery, and liposuction were widely performed. Increase in number of procedures is expected to continue due to minimally invasive nature. Moreover, it has been proved that minimally invasive surgery provides a higher accuracy rate than traditional open surgery. Therefore, collectively, the benefits—such as faster recovery, reduced pain, and less hospital stays—along with the accuracy rate of minimally invasive procedures performed by aesthetic laser systems over conventional surgery, are likely to continue the market’s growth during the forecast period.

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Aesthetic Medical Laser Systems Market: Strategic Insights

aesthetic-medical-laser-systems-market
Market Size Value inUS$ 956.87 Million in 2019
Market Size Value byUS$ 1,961.00 Million by 2027
Growth rateCAGR of 9.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Players operating in the aesthetic medical laser systems market adopt collaboration and partnership strategies to meet the demands of end users through the introduction of technologically advanced offerings, and these strategies significantly support the growth of the market.

By Type

  • Standalone Lasers
  • Multiplatform Lasers

By Application

  • Hair Removal
  • Acne and Scars
  • Skin Rejuvenation
  • Pigmented Lesions
  • Leg and Varicose Veins
  • Others

By End User

  • Hospitals
  • Clinics
  • Medical Spas
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
  • Asia Pacific
    • China
    • India
    • South Korea
    • Japan
    • Australia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
  • South and Central America
    • Brazil
    • Argentina

Company Profiles

  • Bausch Health Companies Inc.
  • Sisram Medical Ltd (ALMA LASERS)
  • Sciton, Inc.
  • Lumenis
  • Candela Medical
  • Cutera Inc.
  • Cynosure
  • Aerolase Corp
  • El.En. S.p.A. 
  • STRATA Skin Sciences
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type ; Application ; End User and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoMEA, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are the aesthetic medical laser systems?

Aesthetic medical laser systems are used to offer different therapies or treatments for indications such as hair removal, acne and scars, skin rejuvenation, pigmented lesions, leg and varicose veins, and others. The laser systems are offered in different types of lasers such as carbon dioxide (CO2) laser, Er:YAG (Erbium YAG) laser, diode lasers, and pulsed dye lasers.

What are the driving factors for the aesthetic medical laser systems market across the globe?

The global aesthetic medical laser systems market is being driven by factors such as Increase in aesthetic/cosmetic procedures, and broad medical applications of laser systems. Furthermore, growth opportunities for aesthetic laser systems under medical tourism are likely to offer significant opportunities for the growth of the global disposable gloves market.

What are the restraining factors for the aesthetic medical laser systems market across the globe?

The high cost of aesthetic medical laser systems is the significant factor that will hinder the aesthetic medical laser systems market growth.

The List of Companies - Aesthetic Medical Laser Systems Market

  1. Bausch Health Companies Inc.
  2. Sisram Medical Ltd (ALMA LASERS)
  3. Sciton, Inc.
  4. Lumenis
  5. Candela Medical
  6. Cutera Inc.
  7. Cynosure
  8. Aerolase Corp
  9. El.En. S.p.A.
  10. STRATA Skin Sciences

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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