Report : Asia Pacific Aesthetic Lasers Market Forecast to 2030 - Regional Analysis - by Type (Ablative Lasers and Non-ablative Lasers), Application (Facial and Skin Tightening, Pigmentation Disorders, Tattoo Removal, Hair Removal, Scar Treatment, Body Sculpting and Fat Reduction, Acne Reduction, and Others), and End User (Dermatology Clinics, Beauty and Wellness Centers, Medical Spas, and Others)
At 12.7% CAGR, the Asia Pacific Aesthetic Lasers Market is Speculated to be worth US$ 1,607.82 million by 2030, says Business Market Insights
According to Business Market Insights research, the Asia Pacific aesthetic lasers market was valued at US$ 619.69 million in 2022 and is expected to reach US$ 1,607.82 million by 2030, registering a CAGR of 12.7% from 2022 to 2030. Growing adoption of noninvasive aesthetic procedures and increasing prevalence of skin disorders and growing awareness about beauty devices are among the critical factors attributed to the Asia Pacific aesthetic lasers market expansion.
The increasing prevalence of various disorders such as acne, dermatitis, pigmentation disorders, hair removal, and other skin irregularities such as moles, warts, and skin tags, acne scars are creating the demand for aesthetic laser treatments. As per National Institute of Health, acne is one of the most common types of skin condition affecting ~4.96 million of the global population in 2022, and a surge in such acne conditions is creating the need for aesthetic laser treatment of acne scar removal. Additionally, advancements in the beauty industry, along with changing beauty standards, are creating the demand for aesthetic laser devices. Moreover, the geriatric population is prone to wrinkles, owing to which there is growing demand for toning, antiaging, and skin rejuvenation treatment to suppress the signs of aging. As per The Aesthetic Society, 431,485 skin treatment (combination lasers) procedures were performed globally, which generated a revenue of US$ 171.45 million in 2021. Moreover, increased consumer awareness about skincare treatments led to the surge in skin clinics and medspas that provide affordable skin treatments for various skin conditions, creating the demand for aesthetic laser devices. Additionally, the increase in R&D activities and technological advancement have led to the development of new and innovative products for skincare treatments. The growing desire to improve appearance attracts several consumers to follow a skincare regime; in severe cases wherein, there is a need to reduce scars instantly, aesthetic medical lasers have gained immense popularity. Thus, the rising demand for laser treatments, body sculpting, and skin tightening promotes the Asia Pacific aesthetic lasers market growth.
On the contrary, complications and risks associated with procedures and stringent safety regulations hurdles the growth of Asia Pacific aesthetic lasers market.
Based on type, the Asia Pacific aesthetic lasers market is bifurcated into ablative lasers and non-ablative lasers. The non-ablative lasers segment held 63.7% market share in 2022, amassing US$ 394.84 million. It is projected to garner US$ 1,044.32 million by 2030 to expand at 12.9% CAGR during 2022-2030.
Based on application, the Asia Pacific 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 25.2% market share in 2022, amassing US$ 155.99 million. It is projected to garner US$ 407.77 million by 2030 to expand at 12.8% CAGR during 2022-2030.
Based on end user, the Asia Pacific aesthetic lasers market is categorized into dermatology clinics, beauty and wellness centers, medical spas, and others. The dermatology clinics segment held 46.7% market share in 2022, amassing US$ 289.21 million. It is projected to garner US$ 767.64 million by 2030 to expand at 13.0% CAGR during 2022-2030.
Based on country, the Asia Pacific aesthetic lasers market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that Japan captured 24.5% share of Asia Pacific aesthetic lasers market in 2022. It was assessed at US$ 151.77 million in 2022 and is likely to hit US$ 407.53 million by 2030, exhibiting a CAGR of 13.1% during 2022-2030.
Key players operating in the Asia Pacific 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 Jan 2020, Lumenis Launches the New LightSheer QUATTRO, Laser Hair Removal Platform, at 22nd International Master Course on Aging Science (IMCAS).
- In April 2022, Cutera Partners with Synchrony to Provide Financing Options to Dermatology Patients for Innovative New Acne Treatment.
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