practicaldermatology.com
The global cosmetic lasers market is projected to grow to $14.79 billion by 2033, at a compound annual growth rate (CAGR) of 14%, according to a new report from Straits Research.
The analysis said the growth reflects increasing consumer interest in minimally invasive cosmetic procedures for addressing wrinkles, scars, pigmentation, and other skin concerns. Rising awareness of aesthetic treatments and the influence of social media and celebrity endorsements, according to the report, are the current key drivers of global demand. Straits Research highlighted, “Individuals are becoming more conscious of cosmetic operations, and many products are now accessible.” Medical tourism in developing regions is also contributing to market growth, as skincare clinics are increasingly integrated into hospitality settings.
North America remains the largest market for cosmetic lasers, sustained by technological availability, a robust aesthetic industry, and high disposable incomes. The report notes a CAGR of 14.1% for the region through 2033. Europe is expected to see the fastest growth at 17.4%, supported by strong R&D investment, regulatory approvals, and an established healthcare infrastructure.
Source: Straits Research press release. Jan 27, 2025.