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The energy-based aesthetic devices market size is forecast to increase by USD 2.14 billion at a CAGR of 9.45% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for minimally invasive aesthetic procedures. These devices, which utilize energy sources such as radiofrequency, laser, and intense pulsed light, offer various benefits including skin rejuvenation, hair removal, and body contouring. Another trend driving market growth is the emergence of combination treatments and home-use devices, which cater to the evolving consumer preferences for convenient and effective solutions. However, the market also faces challenges, including the risks associated with energy-based aesthetic devices such as burns, scarring, and pigmentation changes. Manufacturers must ensure stringent safety regulations and provide adequate training to medical professionals to mitigate these risks and maintain consumer trust.
Overall, the market is poised for continued growth, driven by technological advancements and increasing consumer acceptance of these minimally invasive procedures.
The market is witnessing significant growth due to the rising prevalence of skin disorders and the increasing demand for dermatology procedures. These devices, which include light-based devices for non invasive skin tightening, resurfacing, hair removal, and wrinkle reduction, cater to the needs of aesthetically sensible patients seeking solutions for unwanted lesions, sun-damaged skin, and other cosmetic concerns. Safety and infection control are crucial factors in the market, with manufacturers focusing on developing advanced technologies to address these concerns. Virtual patient consultations and teledermatology are emerging trends, enabling remote diagnosis and treatment plans, particularly for obese populations who may find it difficult to visit HCP-owned clinics.
Celebrities and fashion statements have fueled the popularity of facial cosmetic procedures, driving demand for light-based aesthetic devices. Wavelengths and nanoscale scales play a crucial role in the efficacy and safety of these devices, with manufacturers catering to various skin types and hair types. Body sculpting is another area of growth, with energy-based devices offering minimally invasive solutions for contouring and shaping the body. Aesthetic clinics and dermatologists are increasingly adopting these devices to cater to the growing demand for non-surgical cosmetic procedures.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The Medspa segment is estimated to witness significant growth during the forecast period. The global market is witnessing significant growth due to the increasing prevalence of skin disorders and the rising demand for dermatology procedures. Aesthetically sensible patients, including the obese population and geriatric population, are seeking energy-based solutions for wrinkles, unwanted lesions, sun-damaged skin, and body contouring. Energy-based devices, such as lasers, light-based technologies, radiofrequency (RF), and cryolipolysis, offer rapid changes in skin appearance by stimulating collagen fibers and improving skin texture. Safety concerns and infection control are crucial factors in the adoption of energy-based aesthetic devices. Virtual patient consultations and teledermatology are emerging trends in the market, enabling remote diagnosis and treatment recommendations.
HCP-owned clinics and aesthetic centers are popular destinations for these procedures, offering a blend of medicine and aesthetics in a relaxing and calming environment. Fashion statements and celebrity endorsements have popularized facial cosmetic procedures, such as facial rejuvenation, skin resurfacing, and hair removal. Energy-based devices cater to various skin types and hair types, ensuring effective and customized treatments. Wavelengths and nanoscale scales are essential considerations in the selection of light-based devices, ensuring optimal results for different skin conditions. Overall, the market is poised for growth, driven by the rising demand for minimally invasive, effective, and safe aesthetic treatments.
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The Medspa segment was valued at USD 868.90 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Aesthetic technologies continue to evolve, offering healthcare providers and payers innovative solutions for addressing various cosmetic concerns. On-premise and cloud-based systems cater to diverse needs, enabling efficient management of patient data and treatment plans. Skin damage from hormonal changes, sun exposure, obesity, and body fat composition contribute significantly to the demand for these solutions. Facelifts, collagen stimulation, and treatments for fine lines, discoloration, acne scars, and skin laxity remain popular. Key players in this market include Bausch Health Companies and Lutronic. Awareness and acceptability of aesthetic procedures, fueled by plastic increasery statistics, are driving market growth. Aesthetic Laser Partners and Alma Laser are among the leading providers of advanced aesthetic technologies, addressing the increasing demand for effective and less invasive treatments.
Our energy-based aesthetic devices market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The interest in aesthetic procedures continues to grow, reflecting a trend towards enhancing personal appearance and self-confidence. The market for energy-based aesthetic devices is experiencing significant growth due to the increasing preference for skin disorders treatments and dermatology procedures among aesthetically sensible patients. With safety concerns and infection control being paramount, virtual patient consultations and teledermatology are gaining popularity. These advanced technologies enable the diagnosis and treatment of various conditions such as wrinkles, unwanted lesions, and sun-damaged skin, using energy-based devices like lasers, light-based technologies, and radiofrequency (RF). The obese population and geriatric population are also embracing aesthetic procedures for body contouring, hair removal, skin tightening, and skin resurfacing. Rapid changes in technology have led to the development of innovative devices like cryolipolysis and LED, catering to diverse skin types and hair types.
The influence of celebrities and fashion statements has further fueled the demand for facial cosmetic procedures and aesthetic clinics. Aesthetic procedures are no longer considered luxury treatments but have become essential for self-confidence and self-esteem. This trend is expected to continue, driving the growth of the market.
The use of combination therapies and home-based devices has gained significant attention in the healthcare industry as potential solutions for various health conditions. These approaches offer a more holistic and convenient approach to treatment, combining multiple interventions and enabling patients to manage their health from the comfort of their own homes. The market has witnessed significant growth due to the increasing preference for minimally invasive dermatology procedures among aesthetically sensible patients. Skin disorders such as wrinkles, unwanted lesions, and sun-damaged skin are common concerns driving the demand for these devices. Safety and infection control are paramount in these procedures, making virtual patient consultations and teledermatology increasingly popular. Elderly populations and those seeking aging procedures also contribute to the market growth. Energy-based devices, including lasers, light-based technologies, radiofrequency (RF), and cryolipolysis, are widely used for skin tightening, skin resurfacing, hair removal, body contouring, and skin rejuvenation. These devices target collagen fibers at nanoscale scales, providing rapid changes in skin appearance.
Celebrities and fashion statements have popularized facial cosmetic procedures, leading to an increase in demand for energy-based aesthetic devices. The obese population also seeks body sculpting solutions, further expanding the market. Dermatologists customize treatments using a combination of dermal fillers, energy-based devices, neurotoxins, and less invasive increaseries, catering to the specific requirements of each patient and yielding better results than a single treatment option. Wavelengths and skin types, as well as hair types, are essential considerations when selecting the appropriate energy-based device for each patient.
Energy-based aesthetic devices, such as lasers and Intense Pulsed Light (IPL) systems, carry potential risks including skin discoloration, scarring, and damage to the eyes. These risks can vary depending on the specific device and the individual's skin type and health condition. Proper training and adherence to safety guidelines by the practitioner, as well as open communication between the practitioner and the patient, are essential in minimizing these risks. Energy-based aesthetic devices, which include lasers, light-based technologies, radiofrequency (RF), and cryolipolysis, are increasingly being used to address various skin disorders and cosmetic concerns, such as wrinkles, unwanted lesions, sun-damaged skin, and hair removal. These procedures have gained popularity due to their ability to provide rapid changes, making them a preferred choice for aesthetically sensible patients and the obese population. However, the use of these devices comes with certain risks and complications. Safety concerns, including infection control, are paramount in dermatology procedures. High-power energy devices can pose risks, such as skin color changes, herpes infection, and damage to the sensitive part of the eye and the skin.
Anesthesia complications, blood clots, allergic reactions, adverse effects due to undiagnosed medical issues, and injury to blood vessels and nerves are some of the complications after energy-based aesthetic procedures. These side effects can sometimes be long-term, affecting the quality of life of end-users. Moreover, the geriatric population and those undergoing aging procedures require special consideration due to their unique skin types and health conditions. Virtual patient consultations and teledermatology are increasingly being used to assess and treat patients remotely, reducing the risk of infection and improving accessibility. Celebrities and fashion statements have also contributed to the growing popularity of facial cosmetic procedures and body sculpting in aesthetic clinics.
Dermatologists and HCP-owned clinics use a range of wavelengths and nanoscale scales in light-based devices to cater to diverse skin types and hair types. Energy-based aesthetic devices, such as laser-based and light-based technologies, are transforming the aesthetic industry, offering effective solutions for various skin and body concerns.
The energy-based aesthetic devices market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alma Lasers Ltd: The company showcases an extensive collection of aesthetic devices, which primarily consist of LASER-based technologies.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is witnessing significant growth due to the increasing prevalence of skin disorders and the rising demand for dermatology procedures. These devices offer solutions for various conditions such as wrinkles, unwanted lesions, sun-damaged skin, and hair removal. The market is driven by aesthetically sensible patients, obese population, and geriatric population seeking aging procedures. Safety concerns and infection control are crucial factors in the market. Virtual patient consultations and teledermatology are emerging trends, enabling remote diagnosis and treatment. Light-based technologies, including LED, lasers, and radiofrequency (RF), are popular due to their ability to stimulate collagen fibers and provide rapid changes.
Cryolipolysis is another significant trend in body contouring. Light-based devices cater to different skin types and hair types, making them versatile solutions. Wavelengths and nanoscale scales play a crucial role in the efficacy of these devices. Celebrities and fashion statements have also contributed to the market's growth, making aesthetic clinics a preferred choice for body sculpting and skin rejuvenation procedures. Skin tightening, skin resurfacing, and skin rejuvenation are popular procedures, with laser-based and light-based devices offering effective solutions.
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Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.45% |
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Market growth 2024-2028 |
USD 2.14 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
8.42 |
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Regional analysis |
North America, Asia, Europe, and Rest of World (ROW) |
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Performing market contribution |
North America at 39% |
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Key countries |
US, China, Brazil, Mexico, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Alma Lasers Ltd., Bausch Health Companies Inc., Candela Corp., Concord Medisys, Cutera Inc., Cynosure LLC, DELEO SAS, EndyMed Medical Ltd, Energist Ltd., Erchonia Corp, Fotona d.o.o, IRIDEX Corp., Johnson and Johnson Services Inc., Lumenis Be Ltd., Lutronic Inc., Merz Pharma GmbH and Co KGaA, Sciton Inc., SharpLight Technologies Inc., Tria Beauty, and Venus Concept Inc. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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