The size of the Asia Pacific Aesthetic/Cosmetic Lasers Market was approx. USD 189.04 million in 2022. It is likely to grow at a CAGR of 10.9% to reach USD 317.11 million by 2027. It is the fastest-growing market capturing a market share of 20% globally.
Cosmetic laser therapy reduces the appearance of wrinkles on the face and skin imperfections such as blemishes and acne scars. Face laser resurfacing, also known as skin therapy, is a laser and light-based procedure that removes fine lines, wrinkles, and pigmentation such as sunspots and freckles.
A considerable increase in the number of non-aesthetic procedures available and technological advancements in laser technology are propelling the cosmetic lasers market forward in the APAC region. Furthermore, increased adoption of non-invasive techniques, an increase in cases of skin damage, an increase in medical tourism, and ever-changing lifestyles, as well as lower procedural costs, are expected to contribute to the cosmetics laser market's growth in this region during the forecast period.
Improved aesthetic procedures, advancements in laser technology, a growing interest in physical appearance among men and women, and high spending income in developing nations are all factors propelling the cosmetic lasers sector ahead. In addition, because of the broad availability of cosmetic lasers, a more prominent target demographic, and favorable reimbursement in the healthcare system, the market is expected to increase. The cosmetic laser market in Asia-Pacific, on the other hand, is expected to grow significantly throughout the forecast period.
However, the market's growth is predicted to be stifled by increased use of energy-based gadgets and market competitors' lack of interest in cosmetic devices during the forecast period. In addition, lack of reimbursement and cumbersome administrative framework are other primary restraints of this market.
This research report on the APAC cosmetic lasers market has been segmented and sub-segmented into the following categories.
By End User:
Geographically, Asia Pacific is expected to be one of the fastest-growing global cosmetic lasers markets during the forecast period. The existence of significant market participants, a surge in the number of cosmetic laser procedures, and the widespread use of minimally invasive technologies are expected to contribute to the region's expansion. One of the key factors driving demand for cosmetic lasers in the Asia-Pacific region is increasing people's concerns about their appearance, linked to the growing influence of social media, rapid urbanization, and rising per capita income. Furthermore, the market is expanding due to a significant increase in the region's aging population and a growing emphasis on maintaining a youthful appearance.
The cosmetic laser market in fast-growing Asia-Pacific countries, including China, India, and Japan, is expected to develop as promotional activities for cosmetic lasers in the region increase.
KEY MARKET PLAYERS:
Companies playing a pivotal role in the APAC Aesthetic/Cosmetic Lasers Market profiled in this report 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.).
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