Energy-Based Aesthetic Devices Market Size to grow by USD 2136.7 million between 2024-2028
According to a research report “ Energy-Based Aesthetic Devices Market” by End-user (Medspa, Hospital or surgery center, HPC owned clinic, Traditional spa) Product (Laser, Light, Ultrasound, Radiofrequency) Geography (North America, Asia, Europe, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2136.7 million, at a CAGR of over 9.45% during the forecast period. The global aesthetic market is experiencing significant growth due to the increasing demand for procedures that enhance self-confidence and improve physical appearance. This trend is observable in both developed and developing countries, driven in part by the rising number of working women. The affordability of aesthetic treatments has increased, leading to an uptick in consumer spending on these products and services. As a result, the energy-based aesthetic devices market is poised for substantial expansion, given their effectiveness and efficiency in delivering desirable outcomes.
Browse market data tables, figures, and in-depth TOC on “Energy-Based Aesthetic Devices Market” by End-user (Medspa, Hospital or surgery center, HPC owned clinic, Traditional spa) Product (Laser, Light, Ultrasound, Radiofrequency) Geography (North America, Asia, Europe, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample
By End-user, the Medspa segment is projected to dominate the market size in 2024
The aesthetic technologies market has experienced significant growth since the 1990s, with laser-based devices being a key contributor. The Food and Drug Administration's (FDA) approval of these devices for new medical treatments, driven by continuous technological advancements, has fueled market expansion. The laser-based aesthetics segment of the medical laser systems market is experiencing robust growth, primarily due to the increasing popularity of non-surgical cosmetic procedures. Market participants are investing heavily in research and development to launch innovative products and secure patents. The highest demand for laser treatment is in hair removal, which is driven by the rising adoption of aesthetic procedures, growing focus on personal appearance among men and women, and advancements in laser technology.
By Product, Laser segment is expected to hold the largest market size for the year 2024
The surge in the popularity of medical spas (medspas) is driven by an increasing number of individuals seeking non-surgical skin tightening and resurfacing treatments, as well as the rising prevalence of chronic skin diseases. Energy-based aesthetic devices, which are easily accessible, are fueling this growth in the medspa segment of the global energy-based aesthetic devices market. Medspas, a fusion of medicine and aesthetics, offer high-quality cosmetic treatments in a tranquil setting, all under medical supervision. Procedures such as Botox injections, anti-aging treatments, acne therapy, fillers, and advanced laser treatments are commonly administered in these facilities.
North America is forecasted to hold the largest market size by region in 2024
The Energy-Based Aesthetic Devices market represents a significant growth opportunity for businesses in the healthcare and beauty industries. These devices, which utilize energy sources such as radiofrequency, light, and heat, offer advanced solutions for skin rejuvenation, body contouring, and hair removal. Market trends indicate increasing demand for non-invasive, effective, and safe aesthetic treatments, making energy-based devices an attractive investment for businesses seeking to expand their offerings.
The Energy-Based Aesthetic Devices Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Energy-Based Aesthetic Devices market encompasses a range of light-based technologies used for various cosmetic procedures, including hair types and skin types. These devices, which include nanosecond and nanosecond-pulsed lasers, intense pulsed light sources, and radiofrequency devices, operate on specific wavelengths to address various concerns. Dermatologists and aesthetic clinics utilize these devices for skin resurfacing, skin tightening, hair removal, body sculpting, and more. Fashion statements and celebrity trends have fueled the demand for these procedures, targeting unwanted lesions, sun-damaged skin, and wrinkles. Light-based aesthetic devices have become increasingly popular, offering minimal downtime and precision. However, it is essential to consider individual skin types and hair types to ensure optimal results. Body sculpting and skin disorders, such as obesity and infection control, are also addressed through energy-based aesthetic devices. HCP-owned clinics prioritize safety concerns and virtual patient consultations through teledermatology, ensuring a comprehensive and convenient approach to aesthetic procedures. Overall, energy-based aesthetic devices cater to aesthetically sensible patients seeking effective and non-invasive solutions for various concerns.
Market Research Overview
The Energy-Based Aesthetic Devices market has witnessed significant growth in recent years, driven by increasing plastic surgery statistics, awareness, and acceptability of aesthetic procedures. Companies like Alma Laser and Lutronic lead the market with their advanced energy-based aesthetic devices, offering solutions for various skin concerns such as acne scars, discoloration, fine lines, and skin laxity. These devices utilize collagen stimulation, body fat composition assessment, and hormonal changes to improve skin health. Light-based devices, including lasers and LED, are popular for their effectiveness in treating a range of skin types and hair types. Wavelengths and nanoscale scales play a crucial role in the efficacy of these devices. Dermatologists and aesthetic clinics use these technologies for facial cosmetic procedures, body sculpting, and skin rejuvenation. The obese and geriatric populations are also embracing energy-based aesthetic devices for body contouring and skin tightening. However, sensitivity and safety concerns, including infection control, are crucial considerations for healthcare payers and providers. Cloud-based and on-premise aesthetic technologies enable virtual patient consultations, teledermatology, and rapid changes in treatment plans. As celebrities and fashion statements continue to influence the demand for aesthetic procedures, the market for energy-based aesthetic devices is expected to grow further. However, the market faces challenges such as the need for continuous innovation to address various skin disorders, unwanted lesions, sun-damaged skin, and wrinkles. Radiofrequency (RF) and cryolipolysis are emerging as promising solutions for these concerns. Overall, the energy-based aesthetic devices market is poised for continued growth, driven by the increasing acceptance of aesthetic procedures and technological advancements.
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