21-Apr-2021 | Market Research Store
Findings from Market Research Store report “Aesthetic Energy-Based Device Market By Technology Type (Laser-Based, Ultrasound-Based, Light-Based, Plasma Energy-Based Devices, Electromagnetic Energy-Based, Cryolipolysis, and Suction-Based), By Application (Hair Removal, Skin Tightening, Fat Reduction and Body Contouring, Cellulite Reduction, Facial and Skin Resurfacing/Photo Rejuvenation, and Others), By End-User (Home-Use, Dermatology and Cosmetic Clinics, and Hospitals), By Sales Channel (Direct Sales Channel, and Indirect Sales Channel): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global demand for aesthetic energy-based device market in 2019 was approximately USD 2,800 Million. The market is anticipated to grow at a CAGR of 10.75% and is anticipated to reach around USD 6,500 Million by 2026.
Wrinkles, sun-damaged skin, and unnecessary lesions are treated with aesthetic lasers and energy products. Many people who want to cultivate or rejuvenate their appearance use these devices to enhance the physiology of wrinkled and aging skin. There are a variety of technical methods used to correct the cosmetic treatment procedure. The prominent goal of these devices is to tighten the skin by removing dogged fat or reducing excess skin. Minimally invasive devices, non-invasive devices, and invasive devices are among the devices available on the market. Aesthetic systems that are completely automated are currently available to the company's end users. Sciton, for example, pre-looks at the skin from the inside out with optical coherence tomography.
In the forecast era, the rising adoption of minimally invasive aesthetic treatments will be a factor driving development. The market will expand faster as people become more aware of the benefits and protection of aesthetic energy-based products. Another aspect that will boost the market's growth is the growing number of geriatric people. Furthermore, rising disposable incomes and a growing trend of body modification in developing countries such as India and China are expected to generate lucrative market growth opportunities in the near future. The rise in awareness about medical aesthetics, advances in the field of aesthetic devices, and the rise in obesity around the world are all driving the global aesthetic lasers and energy devices market forward. The high cost of these therapies, on the other hand, is a big stumbling block for the demand for cosmetic lasers and energy products.
Due to the strong market share of the United States in the aesthetic energy-based Device Market, as well as the presence of a large number of market players and increasing healthcare expenditure, North America dominates the market, while the Asia-Pacific region is projected to rise at the fastest pace from 2020 to 2027 due to rising disposable income and improvements in healthcare infrastructure. This can be due to rising healthcare costs as well as advances in cosmetic lasers and energy products. Due to a rise in the geriatric population base, Europe is projected to expand steadily in the coming years.
The aesthetic energy-based device market is segmented in terms of technology type, application, end-user, and sales channel. Based on the technology type, the market is divided into laser-based, ultrasound-based, light-based, plasma energy-based devices, electromagnetic energy-based, cryolipolysis, and suction-based. On the basis of application segmentation, the market is segmented into hair removal, skin tightening, fat reduction and body contouring, cellulite reduction, facial and skin resurfacing/photo rejuvenation, and others. Based on the sales channel, the market is split into direct sales channels and indirect sales channels. Based on the end-user analysis, the market is bifurcated into home-use, dermatology and cosmetic clinics, and hospitals.
In August 2020, Lumenis Ltd., the world's largest energy-based medical device company for cosmetic, surgical, and ophthalmic applications is pleased to introduce the NuEra Tight with FocalRF technology, its newest innovation. The platform offers a breakthrough in customized non-invasive RF body treatments that are tailored to each patient's specific needs.NuEra Tight with FocalRF technology was created to provide patients with customized body treatments based on their specific needs. The new technology provides clinicians with innovative resources for today's aesthetic patients, incorporating clinical indications and complex body areas into a single unit.
Browse the full “Aesthetic Energy-Based Device Market By Technology Type (Laser-Based, Ultrasound-Based, Light-Based, Plasma Energy-Based Devices, Electromagnetic Energy-Based, Cryolipolysis, and Suction-Based), By Application (Hair Removal, Skin Tightening, Fat Reduction and Body Contouring, Cellulite Reduction, Facial and Skin Resurfacing/Photo Rejuvenation, and Others), By End-User (Home-Use, Dermatology and Cosmetic Clinics, and Hospitals), and Sales Channel (Direct Sales Channel and Indirect Sales Channel): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.marketresearchstore.com/market-insights/aesthetic-energy-based-device-market-828580
Outpatient laser and radiofrequency system therapies have been hailed as safe and successful procedures for a variety of gynecologic disorders in recent years. Laser devices and radiofrequency technology have been rapidly adopted in a variety of clinical environments, including dermatology, plastic surgery, and gynecology procedures.
In June 2020, a portable surgical-grade smoke evacuator has been introduced to the aesthetic market by Lynton Lasers.
Some of the key players in the aesthetic energy-based device market Ama Lasers Inc., Sciton Inc., Syneron Medical Ltd., Bausch Health Companies Inc., Merz Pharma GmbH & Co.KGaA, Venus Concept Ltd., Lumenis Ltd., Genesis Biosystems Inc., Cutera Inc., IRIDEX Corporation, Hologic Inc., and TRIA Beauty Inc. among Others. These international companies have used a range of tactics to achieve a credible presence in the global market, including purchasing relationships, shares, contracts, collaborations, joint ventures, new product launches, purchases, and mergers and acquisitions.
This report segments the aesthetic energy-based device market as follows:
Global Aesthetic Energy-Based Device Market: By Technology Type Segmentation Analysis:
Global Aesthetic Energy-Based Device Market: By Application Segmentation Analysis
Global Aesthetic Energy-Based Device Market: By End-User Segmentation Analysis
Global Aesthetic Energy-Based Device Market: By Sales Channel Segmentation Analysis
Global Aesthetic Energy-Based Device Market: Regional Segmentation Analysis
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