North America Aesthetic/Cosmetic Lasers Market By Type (Standalone (CO2, Er:YAG, Diode, Nd:YAG, Alexandrite, Pulsed-Dye), Multiplatform), Application (Acne, Scars, Tattoo Removal, Varicose Veins), End User (Hospitals, Medical Spa, Private Clinics) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023

North America Aesthetic/Cosmetic Lasers Market By Type (Standalone (CO2, Er:YAG, Diode, Nd:YAG, Alexandrite, Pulsed-Dye), Multiplatform), Application (Acne, Scars, Tattoo Removal, Varicose Veins), End User (Hospitals, Medical Spa, Private Clinics) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023

ID: 3162 | Pages: 145 | April 2018 | Region: North America


North America Cosmetic Laser market size was approximately USD 340.91 million in 2018. It is estimated to grow at a CAGR of 10.4% to reach USD 559.1 million by 2023. It is the largest market worldwide capturing 40% of the global market share. 

Cosmetic lasers devices are used in medical field. They are 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 the beauty. This 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 pain less and least invasive which are secondary factors.

High risk factor is the primary restraining factor of this market. It can lead to deformations in the body. Further the paucity of skilled surgeons in this field is the secondary factor hampering the growth of this market.

The North America Cosmetic Laser market can be categorized into three categories: by type, by application, by end user. On the basis of type, Cosmetic Laser 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, Cosmetic Laser 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. Last but not the least, on the basis of end user the market is segmented into Private Clinics, Hospitals and Medical Spas. The private clinics segment is estimated to develope at the highest CAGR, because of the rising disposable income and 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 North America Cosmetic Laser market has been categorized into US and Canada. It 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. In addition, increased number of cosmetic surgery procedures among the older group is also expected to result in higher demand for cosmetic laser market globally over the aforementioned forecast period. US is the leading market in the region.

Major companies in the 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                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Cosmetic Lasers Market By Type, From 2018-2023 ( USD million)
  2. North America Standalone Laser Devices Market By Region, From 2018-2023 ( USD million)
  3. North America Multiplatform Laser Devices Market By Region, From 2018-2023 ( USD million)
  4. North America Cosmetic Lasers Market By Application, From 2018-2023 ( USD million)
  5. North America Vascular Lesions, Acne, & Scars Market By Region, From 2018-2023 ( USD million)
  6. North America Pigmented Lesions & Tattoos Market By Region, From 2018-2023 ( USD million)
  7. North America Hair Removal Market By Region, From 2018-2023 ( USD million)
  8. North America Skin Rejuvenation Market By Region, From 2018-2023 ( USD million)
  9. North America Leg Veins & Varicose Veins Market By Region, From 2018-2023 ( USD million)
  10. North America Other Applications Market By Region, From 2018-2023 ( USD million)
  11. North America Cosmetic Lasers Market By End User, From 2018-2023 ( USD million)
  12. North America Hospitals Market By Region, From 2018-2023 ( USD million)
  13. North America Private Clinics Market By Region, From 2018-2023 ( USD million)
  14. North America Medical Spas Market By Region, From 2018-2023 ( USD million)
  15. United States Cosmetic Lasers Market By Type, From 2018-2023 ( USD million)
  16. United States Cosmetic Lasers Market By Application, From 2018-2023 ( USD million)
  17. United States Cosmetic Lasers Market By End User, From 2018-2023 ( USD million)
  18. Canada Cosmetic Lasers Market By Type, From 2018-2023 ( USD million)
  19. Canada Cosmetic Lasers Market By Application, From 2018-2023 ( USD million)
  20. Canada Cosmetic Lasers Market By End User, From 2018-2023 ( USD million)
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