Global Energy Based Aesthetic Devices Market Size 2024, Forecast To 2033
6 Mar, 2024
The energy-based aesthetic devices market has undergone rapid growth, escalating from $4.78 billion in 2023 to $5.42 billion in 2024, reflecting a substantial compound annual growth rate (CAGR) of 13.3% during the historic period. This growth is attributed to initiatives focused on lightweighting, corrosion resistance, safety and crashworthiness, cost-effectiveness, recyclability, and the increasing consumer demand for stylish designs. Looking ahead to 2028, the market is anticipated to maintain its momentum, projecting a size of $8.52 billion with a CAGR of 12.0%. Key drivers for this anticipated growth include the global expansion of electric infrastructure, government initiatives promoting clean mobility, an increased focus on aerodynamics, supply chain resilience, and regulatory compliance. Significant trends in the forecast period encompass advanced material technologies, customization and aesthetics, the integration of smart features, recyclability and sustainability, as well as durability and weather resistance.
Global Energy Based Aesthetic Devices Market Key Driver
The growth trajectory of the energy-based aesthetic devices market is expected to be steered by the rising demand for aesthetic surgeries. Surgery involves medical procedures where incisions are made to treat or remove diseased or damaged organs. Energy-based aesthetic devices play pivotal roles in surgeries, facilitating treatments such as skin resurfacing, skin tightening, and body contouring. In 2021, the Aesthetic Society reported a 54% growth in surgical treatments and a 44% increase in non-surgical procedures compared to the previous year. On average, plastic surgeons conducted 320 surgical procedures in 2021, with surgical procedure costs rising by 6% and non-surgical procedure costs by 1%. Hence, the escalating demand for aesthetic surgeries propels the growth of the energy-based aesthetic devices market.
Get A Free Sample Of The Global Energy Based Aesthetic Devices Market ReportGlobal Energy Based Aesthetic Devices Market Segments
The energy-based aesthetic devices market covered in this report is segmented –
1) By Technology: Laser-Based, Light-Based, Electromagnetic Energy-Based, Ultrasound-Based, Cryolipolysis, Other Technologies
2) By Gender: Female, Male
3) By Distribution Channel: Indirect, Direct
4) By Application: Body Contouring And Skin Tightening, Skin Rejuvenation, Hair Removal, Leg Vein Treatment, Pigmented Lesion And Tattoo Removal, Vaginal Rejuvenation, Other Applications
5) By End-User: Hospital Or Surgery Center, Medspa, Traditional Spa, HCP Owned Clinic
By Geography:The regions covered in the energy-based aesthetic devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the energy-based aesthetic devices market in 2023. Europe is expected to be the fastest-growing region in the global energy-based aesthetic devices market during the forecast period. The regions covered in the energy-based aesthetic devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Energy Based Aesthetic Devices Industry Players
Merz Pharma GmbH & Co. KGaA, Lumenis Be Ltd., Alma Lasers Inc., EL.EN. S.p.A., Cutera Inc., Sisram Medical Ltd., Cynosure Inc., Bausch Health Companies Inc., Zeltiq Aesthetics Inc., Venus Concept Inc., Sciton Inc., TRIA Beauty Inc., Candela Corporation, Lynton Lasers Ltd., Laser Aesthetics SA, Envy Medical Inc., Syneron Medical Ltd., Aerolase Corp., BTL Industries Inc., Lutronic Corporation, Fotona d.o.o., Sientra Inc., InMode Ltd., CureSkin Inc., Cutting Edge Laser Technologies, SpectraGenics Inc., Quanta System S.p.A., Ellman International Inc., Solta Medical, Inomax Inc.
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Energy Based Aesthetic Devices Market Overview
Energy-based aesthetic devices are medical devices that use various energy sources to perform non-surgical cosmetic treatments, such as light, heat, or ultrasound. It is used to correct problems with a person's physical appearance related to skin.
Energy Based Aesthetic Devices Global Market Report 2023 provides data on the global energy based aesthetic devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The energy based aesthetic devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.