MEA Energy-Based Aesthetic Devices Market Set for Prosperity in Future

1. Geriatric Population Driving Energy-Based Aesthetic Device Sales in MEA 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

2. With the rapid liberalization in the Middle East, residents here are getting exposed to the Western culture. This, combined with the heaps written about the physical beauty of regional women in Arab lore, is leading to a strong desire of people to look good. Similarly, Africans are increasingly going for beauty treatments on account of their rising appearance consciousness, driven by TV shows, social media, fashion magazines, and aggressive marketing campaigns by cosmetics companies. Therefore, P&S Intelligence expects the MEA energy-based aesthetic devices market revenue to increase to $189.0 million by 2030 from $92.8 million in 2019, at a 7.1% CAGR during 2020–2030 (forecast period). These devices use various types of energies, such as light, laser, vibration, electromagnetic radiation, ultrasound, suction, plasma, and cryolipolysis, to resurface and rejuvenate the face and skin, remove hair, tighten up the skin, reduce fat and contour the body, and reduce cellulite. Other uses of these devices include tattoo, birthmark, and fungus removal, breast reduction, and wart and acne treatment. Since these devices are used in non-surgical procedures, their popularity is surging in the region. Seeing the long duration, high intensity of pain and its persistence for days after the operation, ugly scars, and high costs associated with surgical treatments, people in the MEA are shifting to non-surgical or minimally invasive aesthetic treatments. This is clear by the data of the International Society of Aesthetic Plastic Surgery (ISAPS) that says that in Turkey, compared to 65,688 in 2016, 584,935 non-surgical cosmetic procedures were performed in 2020, despite the COVID-19 pandemic. To receive free sample pages of this report @ https://www.psmarketresearch.com/market-analysis/mea-energy-based-aesthetic- devices-market/report-sample Apart from the general appearance consciousness, the MEA energy-based aesthetic devices market is being driven by the growing geriatric population. As per an article by the University of Kent, in Tunisia, Lebanon, Algeria, and Morocco, almost 15% of the population will be in the age group of 65 and above by 2050. Similarly, Gulf Cooperation Council (GCC) countries, Syria, Jordan, Egypt, Libya, and Djibouti will reach this stage between 2030 and 2060, while in Yemen, Sudan, Palestine, Mauritania, Iraq, and Comoros, this stage will come after 2060. Since aging is a major factor affecting appearance, the growing geriatric population is driving the demand for energy-based aesthetic devices in the MEA. This is encouraging the manufacturers of these devices to invest more in research and development (R&D) and come up with better solutions. For instance, laser devices that use nanometer-scale fiber optics have been 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

3. developed for the treatment of certain dermatological issues. Further, laser- based devices of today are unrecognizable from the bulky ones that were available earlier, instead coming with handheld lasers. This is prompting the popularity of home-use aesthetic devices as they are easy to use even without much technical knowhow. Saudi Arabia generated the highest MEA energy-based aesthetic devices market revenue between 2014 and 2019 (historical period) because of its rapidly aging population, rising appearance consciousness, and increasing popularity of minimally invasive procedures. Similar factors are expected to propel the market at the highest CAGR in the U.A.E. over the forecast period. Moreover, Dubai is already a well-known business destination with offices of companies from around the world, while the corporate significance of Abu Dhabi and Sharjah also continues to rise. Thus, with the people of the MEA becoming increasingly conscious of their looks, the demand for energy-based aesthetic devices will increase rapidly in the region. The research offers market size of the Middle East and Africa (MEA) energy-based aesthetic devices market for the period 2014–2030. Market Segmentation by Technology Laser-Based • oAlexandrite oNeodymium-doped yttrium aluminum garnet (Nd:YAG) oCarbon dioxide (CO2) oErbium-doped yttrium aluminum garnet (Er:YAG) oPotassium titanyl phosphate (KTP) oRuby Light-Based • oIntense pulsed light (IPL) oLight-emitting diode (LED) Electromagnetic Energy-Based • oDiode laser oInfrared (IR)-based oRadio frequency (RF)-based Ultrasound-Based Cryolipolysis Suction-Based Plasma Energy-Based • • • • 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

4. Market Segmentation by Application Facial & Skin Resurfacing/Photo Rejuvenation Hair Removal Skin Tightening Fat Reduction & Body Contouring Cellulite Reduction Others Market Segmentation by Distribution Channel Indirect Direct Market Segmentation by End User Dermatology & Cosmetic Clinics Hospitals Home-Use Market Segmentation by Geography MEA Energy-Based Aesthetic Devices Market • • • • • • • • • • • • oBy technology oBy application oBy distribution channel oBy end user oBy country — Turkey, Egypt, Saudi Arabia, South Africa, U.A.E., Iran, Israel, Qatar, Iraq, Kuwait, Oman, Bahrain, Lebanon, Jordan, and Rest of MEA Saudi Arabia energy-based aesthetic devices market By technology By application By distribution channel By end user Turkey energy-based aesthetic devices market By technology By application By distribution channel By end user Iran energy-based aesthetic devices market By technology By application By distribution channel ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

5. By end user ▪ U.A.E. energy-based aesthetic devices market By technology By application By distribution channel By end user Israel energy-based aesthetic devices market By technology By application By distribution channel By end user South Africa energy-based aesthetic devices market By technology By application By distribution channel By end user Egypt energy-based aesthetic devices market By technology By application By distribution channel By end user Qatar energy-based aesthetic devices market By technology By application By distribution channel By end user Iraq energy-based aesthetic devices market By technology By application By distribution channel By end user Kuwait energy-based aesthetic devices market By technology By application By distribution channel By end user ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

6. Oman energy-based aesthetic devices market By technology By application By distribution channel By end user Bahrain energy-based aesthetic devices market By technology By application By distribution channel By end user Lebanon energy-based aesthetic devices market By technology By application By distribution channel By end user Jordan energy-based aesthetic devices market By technology By application By distribution channel By end user ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 6 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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