Aesthetic Lasers and Energy Devices Market Size to Grow By $2.37B

07/25/2024

The global aesthetics laser and energy devices market size is estimated to grow by $2.37 billion from 2024 to 2028. Technavio report the market will grow at a compound annual growth rate of almost 10.87% during the next four years. 

A key factor driving growth in the market is the increasing global awareness about medical aesthetics with a trend towards availability of unconventional treatments. The high cost of products poses a challenge for the industry. 

The aesthetic lasers and energy devices market cater to various non-surgical procedures for improving physical health and enhancing the appearance of areas like the face, neck, arms, buttocks, knees, and thighs. 

A growing trend in the market is non-surgical vaginal rejuvenation, addressing changes in genitalia due to aging, hormonal shifts, childbirth, and other factors. These procedures use RF or laser energy to induce collagen tightening, restoring optimal vaginal tissue structure. 

An increasing number of healthcare professionals are offering these advanced treatments and a rising awareness among consumers is driving market growth in both developed and developing countries. 

Increasing demand for medical procedures that address various skin issues. Key trends include the Skin Rejuvenation segment, targeting facial veins, wrinkled skin, sun damage, and pigmented lesions. Hospitals, Medical Devices companies, cosmetic centers, dermatology clinics, and ambulatory surgery centers are major consumers. 

Laser-based, light-based, and energy-based technologies are driving innovation, offering solutions for skin defects caused by aging, accidents, or distorted physical appearance. Common uses of the devices include tattoo removal, unwanted lesions, and excess sagging skin. 

Physiology and ageing skin are key areas of focus for the industry. Obesity and stubborn fat are new markets, with non-invasive and minimally invasive devices gaining popularity. Medical aesthetics continues to merge with the beauty industries, fueled by the desire for celebrity looks and improved physical appearance. Overall, the market is forecasted to thrive as consumers seek effective solutions for various skin concerns. 

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