Energy-Based Aesthetic Devices Market Size, Share, Growth and Trends, Report 2024-2031

Global Energy-based Aesthetic Devices Market is estimated to reach at a CAGR of 10.2% during the forecast period 2024-2031.

Energy-based aesthetic devices are employed for a range of skin treatments, including skin resurfacing, tightening, and body sculpting. These devices are primarily used by aesthetic clinics and dermatologists. Energy-Based Aesthetic Devices (EBADs) feature precise, targeted technology with variable wavelengths, offering multiple treatment options. They use different light wavelengths and fiber-optic methods to deliver lasers at a nanoscale level.

Among these devices, light-based technologies such as intensified pulsed light (IPL) are notable for their versatility, catering to all skin types, including individuals with darker hair and complexions. EBADs provide various technological advantages, enhancing their effectiveness in aesthetic procedures.

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Market Dynamics:

The increase in prevalence of old and obese population will drive the market growth

As people age, skin laxity, or skin loosening, becomes more common, typically starting between the ages of 35 and 40 and increasing after 65. The global aging population is rising significantly; the United Nations reported 703 million people aged 65 and older in 2019, with the number expected to reach 1.5 billion by 2050. This demographic shift is anticipated to boost the demand for energy-based aesthetic devices.

The growing aesthetic awareness and desire to maintain a youthful appearance also contribute to market growth. In 2018, the British Association of Aesthetic Plastic Surgeons recorded over 28,000 cosmetic treatments, a slight increase of 0.1% from 2017. Notable increases were observed in liposuction (up 12%) and facelifts (up 9%). This trend indicates a rising adoption of cosmetic procedures, which is expected to drive the energy-based aesthetic devices market.

Additionally, the global prevalence of obesity, fueled by sedentary lifestyles and poor dietary habits, further supports market expansion. The World Health Organization reported that over 13% of the world's adult population was obese in 2016, with 11% of men and 15% of women affected. Energy-based aesthetic devices, particularly those for fat reduction and non-invasive skin tightening, are making significant advancements and are well-positioned to address these growing needs.

Segment Covered in the Energy-Based Aesthetic Devices Market:

By Product & Services: Electronic Health/Medical Records, Healthcare Analytics, Claims Management Solutions, Payments Management Solutions, Support, and Maintenance Services, Others.

By Deployment: On-premise, Cloud-based, Healthcare Providers, Healthcare Payers.

By End User: Hospital, Dermatology Clinics.

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Key players involved in Energy-Based Aesthetic Devices Market:

• Candela Medical
• Alma Lasers
• Lumenis
• Cutera
• Hologic Inc
• Sciton Inc
• Merz Pharma GmbH & Co KGaA
• Bausch Health Companies Inc
• Venus Concept
• TRIA BEAUTY
• Cynosure Inc
• Sharp Light Technologies Inc
• Lutronic
• Fotona

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Product Portfolio:

Candela Medical

Candela Medical is a prominent US-based global medical aesthetic device company headquartered in Wayland, Massachusetts. Founded in 1970, Candela provides a range of technologies for treating various conditions and enhancing aesthetic outcomes. Its devices are used by physicians for managing benign vascular and pigmented lesions, scars, facial resurfacing, wrinkle reduction, acne, leg veins, cellulite, body shaping, women's health, as well as tattoo and hair removal, among other medical-aesthetic applications.

Regional Analysis:

The global Energy-Based Aesthetic Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Energy-Based Aesthetic Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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