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North America Cosmetic Lasers Market Research Report - Segmented By Type, Application, End-User and Country (the United States, Canada and Rest of North America) – Industry Size, Share, Trends and Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 3037
Pages: 145

North America Cosmetic Laser Market Size (2022 to 2027)

The size of the North America Cosmetic Laser Market was approximately USD 376.36 million in 2022. It is estimated to grow at a CAGR of 10.4% to reach USD 617.24 million by 2027. It is the largest market worldwide, capturing 40% of the global market share. 

Cosmetic lasers devices are used in the medical field and based on the principle of Selective Photo Thermolysis. These techniques are user-friendly and least invasive. Thermo refers to produce heat, photo to the frequency of light, and lysis means to destroy.

Cosmetic lasers surgery is on the verge of changing the dimension of beauty. It has resulted in attracting the attention of a lot of women, which is the primary factor driving the growth of this market. Further, they are painless and least invasive, which are secondary factors.

A high-risk factor is the primary restraining factor of this market. It can lead to deformations in the body. Further, the scarcity of skilled surgeons in this field is the secondary factor hampering this market's growth.

This research report on the North America Cosmetic Laser Market has been segmented and sub-segmented into the following categories:

By Type:

  • 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
  • Multiplatform Lasers

By Application:

  • Hair Removal          
  • Skin Rejuvenation
  • Vascular Lesions, Acne, and Scars
  • Pigmented Lesion & Tattoo Removal           
  • Leg and Varicose Veins      
  • Other Applications

By End User:

  • Private Clinics        
  • Hospitals  
  • Medical Spas

By Country:

  • The United States
  • Canada
  • Rest of North America

By geography, North America is the largest market in the world. Aging and other related problems like wrinkles, contour hair loss, facial contour body, acne, etc. are attracting more people to this market. Besides, an increased number of cosmetic surgery procedures among the older group is also expected to result in higher demand for the cosmetic laser market globally over the forecast mentioned above period. The US is the leading market in the region.

The U.S. cosmetic laser market is leading the North American market and is expected to dominate the upcoming years. An extensive range of treatment options and on-going enlargement of the cosmetic industry is mainly driving the market in the United States. The appearance of a massive number of spas, salons, and beauty clinics in the United States integrated with professionals' existence is another prime factor boosting the market.

The Canadian market is expected to hike at a promising growth rate from 2020 to 2025. Regular increase of skin problems, aging population, availability of capable laser treatments of cosmetic and increasing discretionary expenses, and growing obtainment of cosmetic surgery method is propelling the market growth of this region.

Major companies in the North America Cosmetic Laser 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 United States                            

                6.3 Canada                         

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                              

  1. North America Cosmetic Lasers Market, By Type, From 2022 - 2027 (USD Million)
  2. North America Standalone Laser Devices Market, By Region, From 2022 - 2027 (USD Million)
  3. North America Multiplatform Laser Devices Market, By Region, From 2022 - 2027 (USD Million)
  4. North America Cosmetic Lasers Market, By Application, From 2022 - 2027 (USD Million)
  5. North America Vascular Lesions, Acne, & Scars Market, By Region, From 2022 - 2027 (USD Million)
  6. North America Pigmented Lesions & Tattoos Market, By Region, From 2022 - 2027 (USD Million)
  7. North America Hair Removal Market, By Region, From 2022 - 2027 (USD Million)
  8. North America Skin Rejuvenation Market, By Region, From 2022 - 2027 (USD Million)
  9. North America Leg Veins & Varicose Veins Market, By Region, From 2022 - 2027 (USD Million)
  10. North America Other Applications Market, By Region, From 2022 - 2027 (USD Million)
  11. North America Cosmetic Lasers Market, By End User, From 2022 - 2027 (USD Million)
  12. North America Hospitals Market, By Region, From 2022 - 2027 (USD Million)
  13. North America Private Clinics Market, By Region, From 2022 - 2027 (USD Million)
  14. North America Medical Spas Market, By Region, From 2022 - 2027 (USD Million)
  15. United States Cosmetic Lasers Market, By Type, From 2022 - 2027 (USD Million)
  16. United States Cosmetic Lasers Market, By Application, From 2022 - 2027 (USD Million)
  17. United States Cosmetic Lasers Market, By End User, From 2022 - 2027 (USD Million)
  18. Canada Cosmetic Lasers Market, By Type, From 2022 - 2027 (USD Million)
  19. Canada Cosmetic Lasers Market, By Application, From 2022 - 2027 (USD Million)
  20. Canada Cosmetic Lasers Market, By End User, From 2022 - 2027 (USD Million)

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