Aesthetic Medical Laser Systems Market is expected to reach US$ 1,961.00 Mn by 2027

Skin Rejuvenation Segment to Contribute Larger Share to Market During 2020–2027

According to the latest study on “Aesthetic Medical Laser Systems Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type, Application, and End User,” the 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. The report highlights trends prevailing in the global aesthetic medical laser systems market, and drivers and restraints pertaining to the market growth.

Increase in aesthetic/cosmetic procedures and broad medical applications of laser systems are among the key factors fueling the growth of the aesthetic medical laser systems market. Further, medical tourism offers lucrative opportunities to the global aesthetic medical laser systems market players. However, the high cost of aesthetic medical laser systems might hinder the market growth.

Based on application, the aesthetic medical laser systems market is segmented into hair removal, acne and scars, skin rejuvenation, pigmented lesions, leg and varicose veins, and others. In 2019, the hair removal segment accounted for the largest share of the market.

Bausch Health Companies Inc.; Sisram Medical Ltd (ALMA LASERS); Sciton, Inc.; Lumenis; Candela Medical; Cutera Inc.; Cynosure; Aerolase Corp; El.En. S.p.A; and STRATA Skin Sciences are among the key players operating in the aesthetic medical laser systems market.  These companies focus on partnerships, product launches, and collaborations to sustain their market positions. For instance, in November 2020, Sciton Inc. established direct operations in the UK and Ireland. This expansion is expected to develop the company's marketing, sales, clinical education, and service offerings through direct operations in the Europe region.

Aesthetic Medical Laser Systems Market, by Region, 2019 (%)

The report segments the global aesthetic medical laser systems market as follows:

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

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