At 11.6% CAGR, the Middle East & Africa Aesthetic Lasers Market is Projected to be worth US$ 300.18 million by 2030, says Business Market Insights
According to Business Market Insights research, the Middle East & Africa aesthetic lasers market was valued at US$ 124.50 million in 2022 and is expected to reach US$ 300.18 million by 2030, registering a CAGR of 11.6% 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 Middle East & Africa aesthetic lasers market expansion.
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. 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.
On the contrary, complications and risks associated with procedures and stringent safety regulations hurdles the growth of Middle East & Africa aesthetic lasers market.
Based on type, the Middle East & Africa aesthetic lasers market is bifurcated into ablative lasers and non-ablative lasers. The non-ablative lasers segment held 62.8% market share in 2022, amassing US$ 78.16 million. It is projected to garner US$ 191.85 million by 2030 to expand at 11.9% CAGR during 2022-2030.
Based on application, the Middle East & Africa 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 25.1% market share in 2022, amassing US$ 31.24 million. It is projected to garner US$ 75.57 million by 2030 to expand at 11.7% CAGR during 2022-2030.
Based on end user, the Middle East & Africa aesthetic lasers market is categorized into dermatology clinics, beauty and wellness centers, medical spas, and others. The dermatology clinics segment held 46.5% market share in 2022, amassing US$ 57.87 million. It is projected to garner US$ 142.58 million by 2030 to expand at 11.9% CAGR during 2022-2030.
Based on country, the Middle East & Africa aesthetic lasers market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that South Africa captured 38.6% share of Middle East & Africa aesthetic lasers market in 2022. It was assessed at US$ 48.00 million in 2022 and is likely to hit US$ 119.13 million by 2030, exhibiting a CAGR of 12.0% during 2022-2030.
Key players operating in the Middle East & Africa aesthetic lasers market are Lumenis Be Ltd, Bausch Health Companies Inc, SharpLight Technologies Ltd, Alma Lasers Ltd, and Candela Corp, among others.
In May 2021, A new collaboration with the Harrods Wellness Clinic in London, establishing a partnership of excellence.
In Jan 2021, Merz Aesthetics and Candela Corporation launch commercial collaboration.
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