Technological Advancements in Aesthetic Laser Devices fuel the Europe Aesthetic Lasers Market
Various laser-based devices used for cosmetic procedures, including unwanted hair removal, excess fat removal, anti-aging, and skin tightening, are categorized under aesthetic laser treatment. Technological advancements in devices, increasing awareness of aesthetic procedures, and surging cases of obesity are the main factors boosting the aesthetics lasers market growth. With the advanced, high-speed internet infrastructure and the increased use of social media, information is more accessible, and people are becoming more aware of aesthetic laser procedures. An increasing number of social media users and the sensitization of the masses to aesthetic procedures are being correlated with improved sales of aesthetic laser treatments.The developments in laser therapy continue to streamline, optimize, and automate treatment devices, making them more efficient, accessible, and as noninvasive as possible. Laser technology has various navigational features, which help end users in the assessments by built-in diagnostics monitoring. For instance, aesthetic and medical laser manufacturer - Sciton - began using optical coherence tomography to capture images of the skin from the inside. As per the company, noninvasive imaging technology allows clinicians to evaluate the skin thoroughly and provide feedback about recommended setting requirements for optimal results. The laser manufacturer Cutera has updated its devices, including the time-tested excel V 532 nm and 1064 nm device for treating vascular and pigmented lesions. Adding a Dermastat handpiece, Cutera reportedly improved the device's efficacy by allowing clinicians to navigate better in narrow and difficult-to-reach areas, such as the corners of the eye. The company increased the laser’s spot size by increasing the excel V's power to maximize power density and energy delivery during treatment. The other technological advancements include increased wavelength capacities, longer dye lives, and interrogation systems - all of which improve the precision and accuracy of laser treatment.
Recent technological advances are likely to improve the aesthetic treatment of the skin significantly. The advancement of laser and light-based technologies is highly promising among skin rejuvenation treatments. New laser resurfacing techniques for skin rejuvenation provide advantages over conventional ablative lasers, including CO2 and erbium-YAG laser systems. Non-ablative and fractional lasers, although not as effective as ablative therapies, are associated with significantly lower complication rates and shorter recovery periods. New devices combining ablative and fractional technologies are available in the medical aesthetics market, showing remarkable results.
Europe Aesthetic Lasers Market Overview
The Europe aesthetic lasers market is segmented into Germany, France, the UK, Italy, Spain, and the rest of Europe. Countries such as Germany and Italy are expected to be the most significant contributors to market growth in the region. In contrast, countries such as France, the UK, and Spain are expected to have growth opportunities for aesthetic lasers. The European aesthetic lasers market is expected to grow owing to the surge in non-invasive aesthetic treatments such as non-surgical skin tightening, non-surgical fat reductions, and others along with increased awareness of aesthetic appearance. Furthermore, the medical devices industry developments and the rising numbers of aesthetic clinics may offer vital growth opportunities.Europe Aesthetic Lasers Market Revenue and Forecast to 2030 (US$ Million)
Europe Aesthetic Lasers Market Segmentation
The Europe aesthetic lasers market is segmented based on type, application, end user and country. Based on type, the Europe aesthetic lasers market is bifurcated into lasers and non-ablative lasers. The non-ablative lasers segment held a larger market share in 2022.Based on application, the Europe aesthetic lasers market is segmented into facial and skin tightening, pigmentation disorders, tattoo removal, hair removal, scar treatment, body sculpting and fat reduction, acne reduction, and others. The facial and skin tightening segment held the largest market share in 2022.
Based on end user, the Europe aesthetic lasers market is segmented into dermatology clinics, beauty and wellness centers, medical spas, and others. The dermatology clinics segment held the largest market share in 2022.
Based on country, the Europe aesthetic lasers market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe aesthetic lasers market in 2022.
Lumenis Be Ltd, Cutera Inc, Bausch Health Companies Inc, Sciton Inc, EI EN SpA, Alma Lasers Ltd, Cynosure LLC, and Candela Corp are some of the leading players operating in the Europe aesthetic lasers market.
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Executive Summary
At 12.5% CAGR, the Europe Aesthetic Lasers Market is speculated to be worth US$ 2,140.16 million by 2030.According to this research,, the Europe aesthetic lasers market was valued at US$ 834.66 million in 2022 and is expected to reach US$ 2,140.16 million by 2030, registering a CAGR of 12.5% from 2022 to 2030. Growing adoption of noninvasive aesthetic procedures and increasing prevalence of skin disorders as well as growing awareness about beauty devices are the critical factors attributed to the Europe aesthetic lasers market expansion.
Healthcare facilities are constantly developing with the increasing prevalence of various chronic disorders and the surge in aesthetic procedures. There has been tremendous demand for aesthetic procedures for skin rejuvenation, antiaging treatments, body contouring, fat removal, and others. Increase in such aesthetic procedures has accelerated R&D activities that lead to innovation, new product launches, and product approvals. Recently, the aesthetic lasers industry has experienced various product launches and approvals as mentioned below:
In April 2022, Lumibird Group, the parent company of Quantel Medical, launched the Capsulo Nd:YAG laser. The device is designed to be a fully integrated versatile laser platform, enabling efficient and effective capsulotomy and iridotomy treatments.
In April 2022, Cosmeditech launched a new range of cosmetic & aesthetic technology from TermoSalud Medical & Aesthetic, including Eneka PRO Diode Laser, Symmed Elite Face & Body Contouring and Zionic Rollactive RF Body Massage.
Thus, an increase in product launches, development, and other strategic collaborations among market players is likely to create considerable growth opportunities for the market in the coming years.
On the contrary, complications and risks associated with procedures and stringent safety regulations hurdles the growth of Europe aesthetic lasers market.
Based on type, the Europe aesthetic lasers market is bifurcated into ablative lasers and non-ablative lasers. The non-ablative lasers segment held 62.3% market share in 2022, amassing US$ 520.03 million. It is projected to garner US$ 1,359.65 million by 2030 to expand at 12.8% CAGR during 2022-2030.
Based on application, the Europe aesthetic lasers market is categorized into facial and skin tightening, pigmentation disorders, tattoo removal, hair removal, scar treatment, body sculpting and fat reduction, acne reduction, and others. The facial and skin tightening segment held 25.6% market share in 2022, amassing US$ 213.34 million. It is projected to garner US$ 551.43 million by 2030 to expand at 12.6% CAGR during 2022-2030.
Based on end user, the Europe aesthetic lasers market is categorized into dermatology clinics, beauty and wellness centers, medical spas, and others. The dermatology clinics segment held 46.4% market share in 2022, amassing US$ 387.19 million. It is projected to garner US$ 1,014.74 million by 2030 to expand at 12.8% CAGR during 2022-2030.
Based on country, the Europe aesthetic lasers market has been categorized into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 25.5% share of Europe aesthetic lasers market in 2022. It was assessed at US$ 212.55 million in 2022 and is likely to hit US$ 559.86 million by 2030, exhibiting a CAGR of 12.9% during 2022-2030.
Key players operating in the Europe aesthetic lasers market are Lumenis Be Ltd, Cutera Inc, Bausch Health Companies Inc, Sciton Inc, EI EN SpA, Alma Lasers Ltd, Cynosure LLC, and Candela Corp among others.
In April 2021, Sciton U.K. Announces Central London Flagship Showroom and Training Centre in Partnership with Skin Group International Ltd (SGI). In Feb 2023, Candela Introduces the New FDA-Cleared Profound Matrix System.
Companies Mentioned
- Lumenis Be Ltd
- Cutera Inc
- Bausch Health Companies Inc
- Sciton Inc
- EI EN SpA
- Alma Lasers Ltd
- Cynosure LLC
- Candela Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 70 |
Published | November 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value in 2022 | 834.66 Million |
Forecasted Market Value by 2030 | 2140.16 Million |
Compound Annual Growth Rate | 12.5% |
Regions Covered | Europe |
No. of Companies Mentioned | 8 |