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Global Energy-based Aesthetic Devices Market is set to witness a 10% CAGR by 2026 - Candela, Sciton, Merz Pharma, Lumenis, Alma Lasers, Cutera, Allergan, Cynosure

05-19-2023 08:42 AM CET | Health & Medicine

Press release from: Medi-Tech Insights

Global Energy-based Aesthetic Devices Market is set to witness

Energy-based aesthetic devices are used for various skin procedures, which includes body sculpting, skin tightening, and resurfacing. These devices are precise, targeted medical equipment with adjustable wavelengths which provides a wide range of therapeutic options. These devices are based on technologies which use many energy sources to rejuvenate the skin, improve texture and complexion, offers a smoother & younger appearance, and remove unwanted imperfections.

Technological Innovations and Developments in Energy-based Aesthetic Devices Market

Constant innovations and rapid developments in energy-based aesthetic devices have enabled to develop efficient devices with indication expansion, reduced side-effects and improved patient comfort, etc. Such innovations tend to offer a competitive edge to all manufacturers and vendors and hence, all key players are emphasizing on investing in their research activities for new product development and growing their geographic reach to boost their position in the global market.

Some of the technological developments are listed below:
• In June 2022, Cynosure launched the PicoSure Pro device, a 755nm picosecond laser which utilizes pressure to deliver energy in one trillionth of a second instead of heat, providing safe and effective treatments for skin revitalization and unwanted pigmentation for all skin types.
• In March 2022, Lumenis launched the triLift facial stimulation device for three aging elements, namely, texture, contour, and structure by treating three tissue layers- epidermal layer, muscles, and dermal layer.

Aggressive Growth Strategies Adopted by the Key Market Players to Hold a Larger Share in Energy-based Aesthetic Devices Market

All key players operating in the global energy-based aesthetic devices market have adopted collaborations, acquisitions, innovations and partnerships as a major growth strategy to expand their product offerings, improve their geographic reach & distribution capabilities, and to develop advanced market products.

Some of the recent developments done are listed below:
• In August 2022, Sofwave Medical Ltd, developer of energy-based non-invasive, aesthetic medical devices entered in a collaboration and distribution agreement with HTDK Group to advance and expand its sales in China.
• In May 2022, Crown Laboratories entered in an agreement to acquire the global, aesthetics-focused assets of Eclipse, to expand its aesthetics' product portfolio and to provide quality aesthetic products across the world.
• In March 2022, Cynosure KK and Jeisys Medical KK entered into a distribution partnership, in which Jeisys Medical will have exclusive distribution rights to Cynosure's energy-based laser portfolio's premier products in Japan.

Competitive Landscape Analysis: Energy-based Aesthetic Devices Market

The global energy-based aesthetic devices market is marked by the presence of some of the well- established market players such as Candela Corporation (US); Sciton, Inc. (US); Merz Pharma GmbH & Co. KGaA (Germany); Lumenis Ltd. (Israel); Alma Lasers (Israel); Cutera (US); Allergan Plc (Ireland); Cynosure (US).

Explore More Detailed Insights on Energy-based Aesthetic Devices Market @ https://meditechinsights.com/energy-based-aesthetic-devices-market/

Ruta Halde
Associate, Medi-Tech Insights
121/7E Avenue Franklin Roosevelt,
1050 Brussels, Belgium
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have successfully completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

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