Aesthetic Lasers and Energy Devices Market by Technology, Product Type, Application, and End User - Global Industry Analysis and Forecast to 2025

Report Code : HC0650

Medical aesthetics is a comprehensive term used for enhancing cosmetic appearance through use of various surgical and non-surgical procedures. Medical aesthetics devices are used to treat impairments associated with individual aesthetic appearance such as scars, skin discoloration, wrinkles, hair loss, and excessive fat. According to a study conducted by International Society of Aesthetic Plastic Surgery (ISPAS), in 2015, around 31,337,924 aesthetic/cosmetic procedures were performed worldwide. Aesthetic lasers technologies have changed the traditional methods available to dermatologist for getting rid of unwanted hairs, minimizing body scars, pores and acnes. Although lasers are single wavelength of light, they are capable of inducing strong improvements and changes in skin with relatively low time and complications. Some aesthetic lasers are classified as non-ablative lasers which have ability to particularly target a specific skin area that allow users to treat problems such as sunspots without affecting the surrounding undamaged skin. Whereas other types of lasers are classified as ablative lasers that vaporize skin to induce production of new collagen to reduce skin aging and to improve skin texture. Aesthetic lasers are also used in treating vascular conditions such as varicose veins, birthmarks, facial redness, and port wine stains by using non intense heat energy sources.

Rise in incidence of obesity, growing demand for minimal invasive surgeries, and increasing geriatric population are expected to drive the global market for aesthetic lasers and energy devices. In addition, increasing awareness about aesthetic procedures, and growing demand for these procedures among male population will propel the market growth. Furthermore, technological advancements such as blade-free way to create flap (IntraLase FS laser) and creation of 3D map (Wavefront LASIK) and increasing adoption rate of aesthetic lasers among dermatologist will fuel the growth of the market. However, unfavorable reimbursement policies will hamper the growth of the market.

Some of the key players operating in the global lasers and energy devices market include Mentor Corporation, Solta Medical, Inc., Lumenis Ltd., Cynosure Inc., Syneron Medical, Ltd., Valeant Pharmaceuticals Inc., Lutronic, Inc., Energist Aesthetic Solutions, and Allergan, Inc. These players are focusing on developing new technologically advanced products to deliver better outcomes to users in order to strengthen and sustain their position in the global market. For instance, in May 2016, Cynosure Inc., obtained FDA approval to commercialize its new energy based delivery system, PicoSure, for the removal of tattoos and the treatment of pigmented lesions. This approval helped the company to broaden its product portfolio for skin revitalization and tattoo removal.

Many players have been expanding their geographical presence in order to acquire more customers by providing advanced solutions to meet unmet medical needs, thus strengthening their positions at the global level. For instance, in February 2015, Alma Lasers, a global solution provider for the treatment of dark skin, opened a direct sales office, Alma Medical Pvt Ltd, in India. This geographical expansion helped the company to acquire large customer base by entering remote areas.

Aesthetic Lasers and Energy Devices Market Segmentation:

By Technology

  • Laser Based Technology
  • Light Based Technology
  • Dynamic Pulse Control (DPC) Technology
  • Intense Pulsed Light (IPL) Technology
  • Energy Based Technology
  • UV Technology
  • Infrared Technology
  • Radiofrequency Technology
  • Low temperature based Technology
  • Suction based Technology

By Product Type

  • Laser Resurfacing Devices
  • Fractional Ablative Skin Resurfacing Devices
  • Invasive Devices
  • Non-invasive Devices
  • Conventional Laser Resurfacing Devices
  • Invasive Devices
  • Non-invasive Devices
  • Body Contouring Devices
  • Liposuction Devices
  • Ultrasound Aided Liposuction Devices
  • Laser Aided Liposuction Devices
  • Radiofrequency Aided Liposuction Devices
  • Water Jet Aided Liposuction Devices
  • Micro-Cannula Aided Liposuction Devices
  • Fat Reduction devices
  • Cryolipolysis Devices
  • Energy Assisted Fat Reduction Devices
  • Cellulite Reduction Devices
  • Lipomassage Devices
  • Mesotherapy Devices
  • Energy Assisted Cellulite Reduction Devices
  • Non-Surgical Skin Tightening Devices
  • Laser Based Devices
  • Ultrasound Based Devices
  • Light Based Devices
  • RF (Radio Frequency) Based Devices
  • Aesthetic Ophthalmology Devices

By Application

  • Hair Removal
  • Scar Removal/Skin Resurfacing
  • Skin Rejuvenation
  • Skin Tightening

By End User

  • Multi-specialty Centers
  • Stand-alone Centers
  • Cosmetic Surgery Centers/Clinics

By Region:

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • Turkey
  • United Arab Emirates
  • Others

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers


Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

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