Press release
Energy Based Skin Tightening Market: Worldwide Demand, Growth Potential & Opportunity Outlook 2030
The Energy Based Skin Tightening Market is bound to grow robustly in the years to come. With smart technology and 5G being increasingly adopted, the healthcare vertical is witnessing a paradigm shift. These technologies can thus increase the convenience quotient (CQ), as abysmal disruption happens in the patients' lives. This convenience quotient would be the trend running in the healthcare vertical shortly.Skin tightening treatments stimulate collagen in order to tighten the skin and slow the ageing process. The goal of all energy-based skin tightening devices is to heat and remodel dermal and subcutaneous collagoues networks while avoiding collateral damage to unintended tissues.
The skin is visibly tighter soon after the treatment as the fibres contract. Any areas of the skin that are prominently drooping, sagging or thinning are candidates for skin tightening with energy based devices.
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Improvements in safety and efficacy for energy-based treatment have expanded the patient base considering these therapies as a viable option. Thus, this is helping the energy-based skin tightening market to grow exponentially.
The demand for energy-based skin tightening treatment is rising rapidly. One of the major factor that is contributing towards the growth of the energy-based skin tightening market is the rapidly increasing geriatric population especially in developed regions such as Europe and North America where the adoption rate is comparatively higher.
However, the rising geriatric population in developing countries like China that show strong growth potential is expected to experience considerable growth during the forecast period. According to a report released by the Ministry of Civil Affairs, in 2019, about 12.57 percent of China's population was aged 65 or above.
The rising use of social media giving rise to a number of social media influencers and creating awareness regarding the aesthetic procedures is also expected to boost the growth of the energy-based skin tightening market.
Manufacturers in the global energy-based skin tightening market are focusing on introducing new products into the market with improved technologies that will reduce the downtime and offer effective treatment.
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The key trend in the energy-based skin tightening market is the increasing popularity of the home-use energy-based skin tightening devices. Due to this manufacturers in the energy-based skin tightening market are focusing on developing easy-to-use products that can be used in home settings that are less expensive and can be used without the help of a technician.
Manufacturers are also focusing on increasing the sales of these devices by adding features that includes removal of impurities and dirt from the skin in addition to skin tightening. Such technical advancements are further boosting the sales in the energy-based skin tightening market.
In aesthetic treatment, the gold standard considered for skin laxity is surgical excision. However, in the recent years, fear of morbidity, stigma of surgery and increase time in the patient eye via social media has led many individuals to opt for less invasive treatments. Thus, this is the major factor that is driving the growth of the energy-based skin tightening market.
The growing geriatric population is playing a vital role in driving the demand for energy-based skin tightening market. Skin sagging is usually a problem among the older population. Energy-based skin tightening helps in reducing the aging effect and gives a younger look. This is the key reason that the energy-based skin tightening treatment adoption rate is usually high among the elderly population.
According to World Health Organization, in 2019, the total number of people that were aged 60 years and older was about 1 billion and as per the estimates this is expected to increase to 1.4 billion by 2030.Thus, the rise in geriatric population will lead have a positive impact and will lead to considerable rise in demand for energy-based skin tightening market.
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Key Segments of Energy-based Skin Tightening Market Covered in the Report
Based on treatment type, the energy-based skin tightening market has been segmented as
Ultherapy
Beyond the Exile
Titan
Thermage
SkinTyte
Based on technology, the energy-based skin tightening market has been segmented as
Radiofrequency
Ultrasound
Laser-light
Based on end user, the energy-based skin tightening market has been segmented as
Dermatology Centers
Ambulatory Surgical Centers
Hospitals
Home care setting
Based on the region, the energy-based skin tightening market has been segmented as
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
Competitive Landscape
Syneron Medical Ltd.
Alma Lasers Inc.
Lumenis Ltd.
Hologic Inc.
Sciton Inc.
Cutera Inc.
Venus Concept Ltd.
Merz Pharma GmbH & Co.KGaA
Bausch Health Companies Inc.
Genesis Biosystems Inc.,
others.
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