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Why Will Energy-Based Aesthetic Devices Market Boom in U.S. in Future?

The size of the energy-based aesthetic devices market was around $2,661.6 million in 2021, which will reach $6,326.2 million in 2030, with a CAGR of more than 10%. The growth is credited to the increasing awareness, acceptance, and accessibility of these devices, product innovations, increasing income, and booming occurrence of chronic skin diseases. Furthermore, the technical advancements in MIS treatments for skin tightening and resurfacing are responsible for the market growth.

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Why Will Energy-Based Aesthetic Devices Market Boom in U.S. in Future?

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  1. Energy-Based Aesthetic Devices Market Set to Attain Over $4.0 Billion © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved Valuation by 2024 1

  2. The major factors driving the growth of the market are the increasing awareness amongst the people about the advantages of energy-based aesthetic systems, growing popularity of minimally invasive aesthetic treatment procedures, and soaring geriatric population across the world. Furthermore, the market will exhibit a CAGR of 10.4% from 2019 to 2024, according to the predictions of the market research company, P&S Intelligence. The adoption of facial aesthetic treatment procedures by celebrities has tremendously increased the popularity of these treatment methods. Moreover, it has created awareness amongst the masses about these treatment methods and made these procedures more acceptable within the society. As per an article published by the Harley Academy, the lip filler treatment of Kylie Jenner in 2015 caused a 70.0% rise in enquiries related to aesthetic treatment procedures in the U.K. Furthermore, the popularity and social acceptance of non-surgical aesthetic treatments will increase sharply in the future years. Receive Sample Pages of this Report: https://www.psmarketresearch.com/market-analysis/energy-based- aesthetic-devices-market/report-sample Additionally, the soaring geriatric population is another important factor causing the surge of the energy-based aesthetic devices market. This is because of the fact that old age causes the gradual reduction of the glandular and vascular network in the various skin layers. In addition to this, with increasing age, the collagen (fibrous tissue that makes the skin strong) starts to become less flexible, which, in turn, causes dryness, wrinkles, skin sagging, and pigmentary alteration, thereby creating demand for energy-based aesthetic devices. Fat reduction, body contouring, skin tightening, facial and skin resurfacing/photo rejuvenation, cellulite reduction, and hair removal are the main categories present under the application segmentation of the market. Out of these, the hair removal category is presently observing the highest growth in the market. This is ascribed to the rising awareness amongst people regarding the safety of the energy-based systems such as laser, that are commonly used in hair removal processes. Geographically, the energy-based aesthetic devices market is predicted to register the highest growth in North America in the forthcoming years. This is credited to the existence of numerous well-established energy-based aesthetic device producing companies and the growing utilization of these devices in the North American nations. In North America, the market is predicted to hold the highest share in the U.S. in the future years, due to the rising availability of non- invasive treatment procedures in the country. 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  3. However, despite the aforementioned factors, the market will exhibit the fastest growth in the Asia-Pacific (APAC) region over the next several years, demonstrating a CAGR of over 12.0% between 2019 and 2024. The main factors driving the advancement of the market in the region are the increasing disposable income of the people, affordable prices of the energy-based systems and treatment procedures, and the improving healthcare infrastructure in several APAC countries. Hence, it can be said with surety that the market will grow exponentially throughout the world in the years to come, primarily because of the increasing awareness about minimally invasive aesthetic treatment plans, increasing geriatric population, and surging popularity of technologically advanced healthcare instruments. The research offers market size of the global energy-based aesthetic devices market for the period 2014–2024. Market Segmentation by Technology Laser-Based • oNeodymium-doped yttrium aluminum garnet (Nd: YAG) oCarbon dioxide (CO2) oErbium-doped yttrium aluminum garnet (Er:YAG) oPotassium titanyl phosphate oRuby oAlexandrite Light-Based • oIntense pulsed light (IPL) oLight emitting diode (LED) Electromagnetic Energy-Based • oDiode-laser oInfrared-based oRadiofrequency-based Ultrasound-Based Cryolipolysis Suction-Based Plasma Energy-Based Market Segmentation by Application Hair Removal Facial and Skin Resurfacing/Photo Rejuvenation • • • • • • 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  4. Fat Reduction and Body Contouring Skin Tightening Cellulite Reduction Others Market Segmentation by Distribution Channel Indirect Direct Market Segmentation by End User Dermatology and Cosmetic Clinics Hospitals Home-Use Market Segmentation by Geography Global Energy-Based Aesthetic Devices Market • • • • • • • • • • oBy technology oBy application oBy distribution channel oBy end user oBy region – North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East and Africa (MEA) North America Energy-Based Aesthetic Devices Market • oBy technology oBy application oBy distribution channel oBy end user oBy country – U.S. and Canada U.S. energy-based aesthetic devices market By technology By application By distribution channel By end user Canada energy-based aesthetic devices market By technology By application By distribution channel By end user Europe Energy-Based Aesthetic Devices Market ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ • 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  5. oBy technology oBy application oBy distribution channel oBy end user oBy country – Germany, Italy, Spain, U.K., France, and Rest of Europe Germany energy-based aesthetic devices market By technology By application By distribution channel By end user Italy energy-based aesthetic devices market By technology By application By distribution channel By end user Spain energy-based aesthetic devices market By technology By application By distribution channel By end user U.K. energy-based aesthetic devices market By technology By application By distribution channel By end user France energy-based aesthetic devices market By technology By application By distribution channel By end user APAC Energy-Based Aesthetic Devices Market ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ • oBy technology oBy application oBy distribution channel oBy end user oBy country – Japan, China, India, Thailand, and Rest of APAC 5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  6. Japan energy-based aesthetic devices market By technology By application By distribution channel By end user India energy-based aesthetic devices market By technology By application By distribution channel By end user China energy-based aesthetic devices market By technology By application By distribution channel By end user Thailand energy-based aesthetic devices market By technology By application By distribution channel By end user LATAM Energy-Based Aesthetic Devices Market ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ • oBy technology oBy application oBy distribution channel oBy end user oBy country – Brazil, Mexico, Argentina, and Rest of LATAM Brazil energy-based aesthetic devices market By technology By application By distribution channel By end user Mexico 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

  7. MEA Energy-Based Aesthetic Devices Market • oBy technology oBy application oBy distribution channel oBy end user oBy country – Turkey, Egypt, South Africa, and Rest of MEA Turkey energy-based aesthetic devices market By technology By application By distribution channel By end user ▪ ▪ ▪ ▪ ▪ 7 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  8. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 8 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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