The size of the Asia Pacific Aesthetic/Cosmetic Lasers Market size was approx. USD 170.46 million in 2020. It is likely to grow at a CAGR of 10.9% to reach USD 285.94 million by 2025. It is the fastest-growing market capturing a market share of 20% globally.
The physiology of aging and wrinkled skin is the primary focus of the Aesthetic laser and energy devices market. These devices use technical based procedures for rectification of these processes. Physicians skilled in both non-invasive and invasive procedures work on aesthetic science and typically utilize a combination of both to meet the needs of the patients.
The rise in the cases of obesity, a shift in the preference of patients from hospital-home care since the former provides fast and effective non-surgical cosmetic procedures are the primary factors driving the growth of this market.
Lack of reimbursement and cumbersome administrative framework and are the primary restraints of this market.
The Asia Pacific Aesthetic/Cosmetic Lasers Market can be categorized into three categories: by type, by application, and end-user. Based on type, the Aesthetic/Cosmetic Lasers Market is classified into Standalone Lasers (Carbon Dioxide (Co2) Laser, Er: YAG (Erbium YAG) Laser, Diode Lasers, Pulsed Dye Lasers, Neodymium: Yttrium-Aluminum-Garnet (Nd: YAG) laser, Alexandrite Lasers, Other Standalone Lasers) and Multiplatform Lasers. Standalone lasers are advantageous in many ways, for example, ease of use and simplicity of functioning, which has significantly increased their adoption and commands the highest market share of the cosmetic lasers market in 2018. If we go by application, the Aesthetic/Cosmetic Lasers Market is segmented into Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne, and Scars, Pigmented Lesion & Tattoo Removal, Leg, and Varicose Veins, and Other Applications. The hair removal category is estimated to command the largest share of the market in 2018. Finally, based on end-users, the market is segmented into Private Clinics, Hospitals, and Medical Spas. The private clinic's segment is estimated to develop at the highest CAGR because of the rising disposable income and an increasing number of clinics in emerging economies such as China and India, acceptance and widespread usage of new technologies, growing preference for non-invasive procedures, and reduced cost for laser-based treatments.
By geography, the Asia Pacific Aesthetic/Cosmetic Lasers Market has been categorized into India, China, Korea, Japan, and others. It is the fastest-growing market. Augmenting the geriatric population and comparatively lesser procedures costs are the primary reasons attributable to the observable trend mentioned above. China is the leading market in the region.
Major companies in the Aesthetic/Cosmetic Lasers Market are Aerolase (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), El. En. SpA (Italy), Lumenis Ltd. (Israel), Sciton, Inc. (U.S.), SharpLight Technologies (Israel), Syneron Medical Inc. (Israel), and Solta Medical (U.S.).
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Standalone Lasers
5.1.2.1 Carbon Dioxide (Co2) Laser
5.1.2.2 Er:YAG (Erbium YAG) Laser
5.1.2.3 Diode Lasers
5.1.2.4 Pulsed Dye Lasers
5.1.2.5 Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser
5.1.2.6 Alexandrite Lasers
5.1.2.7 Other Standalone Lasers
5.1.3 Multiplatform Lasers
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Hair Removal
5.2.3 Skin Rejuvenation
5.2.4 Vascular Lesions, Acne, and Scars
5.2.5 Pigmented Lesion & Tattoo Removal
5.2.6 Leg and Varicose Veins
5.2.7 Other Applications
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 Market Share Analysis, By Application
5.3 End User
5.3.1 Introduction
5.3.2 Private Clinics
5.3.3 Hospitals
5.3.4 Medical Spas
5.3.5 Y-o-Y Growth Analysis, By End User
5.3.6 Market Attractiveness Analysis, By End User
5.3.7 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.3.4 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.4.4 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.1.5.4 By End User
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Cynosure, Inc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Syneron Medical Ltd
8.3 Lumenis Ltd.
8.4 Cutera, Inc.
8.5 Solta Medical, Inc.
8.6 El.En SpA
8.7 Alma Lasers
8.8 Sciton, Inc.
8.9 Aerolase
8.10 Sharplight Technologies Ltd.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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