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The aesthetic devices market size is forecast to increase by USD 12.53 billion, at a CAGR of 11.74% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by advancements in technology and growing consumer demand for non-surgical cosmetic treatments. Treatment session durations and patient treatment protocols vary, with ongoing research and clinical trials shaping the landscape of body contouring systems, LED light therapy, and light therapy devices. Advanced aesthetic techniques, such as microcurrent stimulation and non-invasive body sculpting, offer promising results in skin rejuvenation and fat reduction. Energy delivery mechanisms, including fractional laser technology and radiofrequency skin tightening, are revolutionizing the industry, providing more effective and less invasive solutions. Patient satisfaction surveys and treatment efficacy metrics play a crucial role in guiding treatment decisions and ensuring optimal outcomes.
The ongoing unfolding of market activities reveals a strong focus on safety and regulatory compliance, with certification and sterilization methods becoming increasingly important. Cellulite reduction methods and energy-based skin rejuvenation techniques continue to gain popularity, while tissue response analysis and side effect management remain key areas of research. The integration of LED light therapy and dermal filler injections into aesthetic practices further expands the scope of available treatments. Device maintenance procedures and aesthetic device safety are essential considerations for practitioners, with ongoing advancements in technology and evolving patient expectations shaping the future of the market. The continuous dynamism of the market underscores its potential for growth and innovation.
The aesthetic devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The hospitals segment is estimated to witness significant growth during the forecast period.
Dermatology clinics, renowned for their specialized cosmetic and laser treatment systems, are experiencing a surge in demand due to the increasing number of minimally invasive aesthetic procedures. This trend is propelling the growth of the market. The acceptance of fat reduction techniques among the obese population and the rising prevalence of chronic skin diseases are significant factors fueling this growth. Additionally, the ease of access to energy-delivery mechanisms like fractional laser technology and radiofrequency skin tightening at dermatology clinics is attracting an increasing number of patients. Advanced techniques such as ultrasonic cavitation, microdermabrasion, and microcurrent stimulation are also gaining popularity.
Patient satisfaction surveys and post-treatment care guidelines ensure optimal treatment outcomes and efficacy metrics. Clinical trials and patient treatment protocols are rigorously followed to maintain aesthetic device safety. Body contouring systems, cellulite reduction methods, and laser hair removal are other significant contributors to market growth. Skin resurfacing lasers and dermal filler injections are essential facial rejuvenation procedures. Device maintenance procedures and side effect management are crucial aspects of market development. Overall, the market is witnessing dynamic growth, driven by the increasing demand for non-invasive body sculpting and energy-based skin rejuvenation treatments.
The Hospitals segment was valued at USD 4.12 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In The market, North America held the largest revenue share in 2023, driven by the growing number of aesthetic device providers and manufacturers, and the rapid advancement of technologies for hair removal, skin tightening, and skin resurfacing treatments. The region's market growth is fueled by the increasing influence of appearance-related discontent and the desire to enhance self-confidence and appear younger. For instance, it's projected that by 2030, approximately 125 million overweight individuals will reside in the US. Advanced aesthetic techniques, such as fractional laser technology, energy-based skin rejuvenation, and radiofrequency skin tightening, are gaining popularity due to their efficacy and minimal downtime.
Patient satisfaction surveys and post-treatment care guidelines are essential components of the market, ensuring optimal treatment outcomes and patient safety. Device sterilization methods and aesthetic device safety are critical concerns for both patients and providers, leading to the development of stringent certification processes and regulations. Ultrasonic cavitation, cellulite reduction methods, and non-invasive body sculpting are among the emerging trends in the market. Clinical trial outcomes and treatment efficacy metrics are essential indicators of the market's progress, with energy delivery mechanisms and treatment session duration being key factors influencing treatment outcomes. Microdermabrasion technology, dermal filler injections, and botulinum toxin injections are common procedures in facial rejuvenation.
Body contouring systems, LED light therapy, and light therapy devices are increasingly being used for various cosmetic applications. Microcurrent stimulation and side effect management are crucial aspects of patient treatment protocols, ensuring optimal results and minimizing risks. Device maintenance procedures and tissue response analysis are essential for maintaining the longevity and effectiveness of aesthetic devices, making them a vital consideration for both providers and patients. Laser hair removal is a popular and effective treatment, while advanced aesthetic techniques, such as tissue response analysis, are driving innovation in the market.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The aesthetic devices market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the aesthetic devices market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, aesthetic devices market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
AbbVie - The company specializes in innovating products and technologies that propel the aesthetic medicine industry forward.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Aesthetic Devices Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
153 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.74% |
Market growth 2024-2028 |
USD 12525.2 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
10.19 |
Key countries |
US, China, Brazil, Mexico, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this aesthetic devices market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Device
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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