Energy-Based Aesthetic Devices Market Size, Top Trends, Outlook Report To 2024 To 2033

The Business Research Company recently released a comprehensive report on the Global Energy-Based Aesthetic Devices Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The energy-based aesthetic devices market size has grown rapidly in recent years. It will grow from $4.78 billion in 2023 to $5.42 billion in 2024 at a compound annual growth rate (CAGR) of 13.3%. The growth in the historic period can be attributed to lightweighting initiatives, corrosion resistance, safety and crashworthiness, cost-effectiveness, recyclability, consumer demand for stylish designs..

The energy-based aesthetic devices market size is expected to see rapid growth in the next few years. It will grow to $8.52 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to global expansion of electric infrastructure, government initiatives for clean mobility, increased focus on aerodynamics, supply chain resilience, regulatory compliance.. Major trends in the forecast period include advanced material technologies, customization and aesthetics, integration of smart features, recyclability and sustainability, durability and weather resistance..

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Market Drivers and Trends:

The increasing demand for aesthetic surgeries is expected to propel the growth of the energy-based aesthetic devices market going forward. Surgery is a medical procedure in which a doctor makes incisions into a patient's body to treat or remove diseased or damaged organs. Energy-based aesthetic devices perform various treatments during surgeries applicable for skin resurfacing, skin tightening, and body contouring. For instance, in 2021, according to a report issued by the Aesthetic Society, a US-based professional organization of ABPS board-certified plastic surgeons, Surgical treatments grew by 54% in 2021 compared to 2020, while non-surgical procedures increased by 44%. Plastic surgeons performed 320 surgical procedures on average in 2021, and the average cost of a surgical procedure increased by 6%, while the cost of a non-surgical procedure increased by 1%. Therefore, the demand for aesthetic surgeries is driving the growth of the market.

Technological advancements are a key trend gaining popularity in the energy-based aesthetic devices market. Companies operating in the energy-based aesthetic devices market are adopting new technologies to sustain their position in the market. For instance, in April 2021, Alma, an Israel-based provider of energy-based aesthetic solutions, launched Alma Hybrid, a multi-functional laser platform designed to offer a wide range of ablative, non-ablative, and thermal treatments for skin rejuvenation and scar revision. The Alma Hybrid fractional CO2 laser technology is used for ablative skin resurfacing, which involves removing the outer layers of skin to promote collagen production and reduce the appearance of fine lines, wrinkles, and scars.

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Major Key Players of the Market:

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.

Energy-Based Aesthetic Devices Market 2024 Key Insights:

• The energy-based aesthetic devices market size will grow to $8.52 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%.
• Surge In Aesthetic Surgeries Fuels Growth Of Energy-Based Aesthetic Devices Market
• Ablative Skin Resurfacing With Alma Hybrid Co2 Laser Technology
• North America was the largest region in the energy-based aesthetic devices market in 2023

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