The size of the Europe Aesthetic/Cosmetic Lasers Market size was almost USD 236.54 million in 2021. It is expected to grow at a CAGR of 10.7% to reach USD 393.23 million by 2026. It is the second-largest market after North America capturing 25% of the global market share.
Due to the greater acceptance of non-invasive treatments, changing lifestyles, rising prevalence of skin damage, decreased procedural costs, and growth in medical tourism devices, the market for cosmetic lasers is developing in this region. Cosmetic laser therapy treats vascular lesions, face wrinkles, and skin tightening issues, including blemishes and acne scars. This method, also known as the Las abrasion technique, laser peel, or laser vaporization, uses short, focused pulsing pulses of light on removing skin layer by layer on uneven skin surfaces accurately.
Other factors that fuel the growth of the cosmetic lasers market are improved implementation of aesthetic treatments, advancement of laser technology, greater attention on physical attractiveness among both men and women, and high spending income in this nation. The advent of technologically advanced and procedure-specific cosmetic laser systems is largely enticing women to undertake aesthetic procedures such as acne reduction and hair removal. Key market participants are introducing new energy-based aesthetic laser systems to meet the growing need for procedure-specific laser treatments, propelling the European Cosmetic Lasers industry.
The cosmetic lasers market offers a better chance for them to extend their wings. The laser market will be driven by manufacturers' continuing cosmetic laser procedures in the region during the forecast period. In the forecast period, an increase in market research and development efforts and technical advances, and modernization in healthcare practices would further create opportunities for the cosmetic lasers market. The desire to appear better and fit has risen over time, and people are becoming more aware of the potential benefits of cosmetic surgery. Lasers are gaining a lot of publicity in the cosmetic devices market since they may be used for various treatments. The Europe Cosmetic Laser Market is projected to be driven by the increased use of non-ablative lasers for skin treatment, particularly for weight loss, and the rising popularity of this technology as an alternative to surgical treatments in the coming years. Furthermore, technical advances in aesthetic lasers are expected to enhance the market by making the function and availability of treatments easier for end-users.
The growth of the European Cosmetic Lasers market is expected to be hampered by the growing adoption of energy-based devices and market participants' lack of attention to cosmetic devices. Manufacturers' lack of focus on cosmetic devices, government restrictions restricting the use of cosmetic lasers, and a lack of reimbursement are all important concerns that might restrict the market growth.
The rise in strict safety requirements for aesthetic operations and social stigma associated with cosmetic treatments are among the primary factors acting as constraints on the market for cosmetic lasers. Cosmetic laser surgery can be dangerous. It is possible to change one's physical form and size. These adverse effects might be a barrier for the cosmetic laser industry, and some cosmetic doctors aren't as highly qualified.
This research report on the European cosmetic lasers market has been segmented and sub-segmented into the following categories:
By End User:
Geographically, in Germany, the United Kingdom, and France, skin and hair removal treatments are in great demand. The cosmetic laser market in the United Kingdom is expected to grow remarkably, owing to the country's increased disposable income. In addition, the changing lifestyles of customers are expected to fuel the expansion of the cosmetic laser industry in the United Kingdom. The rising aging population and acceptance of non-surgical cosmetic therapies drive the cosmetic laser industry in Germany. In Italy, as the population becomes older, there is a greater need for non-surgical aesthetic operations. This, along with an increase in cosmetic procedures, is propelling the Italian aesthetic laser industry forward.
KEY MARKET PLAYERS:
A few of the promising companies operating in the European 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.).
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
2.2 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
3.1 Executive Summary
3.2 Key Inferences
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
5.1.2 Standalone Lasers
22.214.171.124 Carbon Dioxide (Co2) Laser
126.96.36.199 Er:YAG (Erbium YAG) Laser
188.8.131.52 Diode Lasers
184.108.40.206 Pulsed Dye Lasers
220.127.116.11 Neodymium:Yttrium-Aluminum-Garnet (Nd:YAG) Laser
18.104.22.168 Alexandrite Lasers
22.214.171.124 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
5.2.2 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
5.3.2 Private Clinics
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
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Type
184.108.40.206 By Application
220.127.116.11 By End User
6.1.4 Market Attractiveness Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Type
126.96.36.199 By Application
188.8.131.52 By End User
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Type
18.104.22.168 By Application
22.214.171.124 By End User
7.1 PESTLE analysis
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
8.1.2 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.
8.10 Sharplight Technologies Ltd.
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
a) List of Tables
b) List of Figures