Leave a Comment / By admin / November 8, 2024
Energy Based Aesthetic Devices Market Dynamics
As people age, skin naturally begins to lose elasticity, often between ages 35 and 40, and this skin laxity becomes more prominent after age 66. In 2019, the United Nations reported that there were 703 million people aged 66 or older worldwide, with this number projected to double to 1.5 billion by 2050. This growing elderly population is anticipated to increase the demand for energy-based aesthetic devices, as people today prioritize maintaining a youthful appearance. Aesthetic procedures have become increasingly popular as well, with nearly 28,000 cosmetic procedures reported in 2018 by industry associations, highlighting a growing trend in non-surgical enhancements like skin rejuvenation and body contouring.
The prevalence of obesity, often associated with sedentary lifestyles, is also rising worldwide. According to WHO data from 2016, approximately 13% of the global adult population was classified as obese. This trend underscores the demand for non-invasive aesthetic solutions like body contouring and fat reduction, which have rapidly advanced in recent years. Innovations in energy-based devices have further propelled their use in areas such as skin tightening and fat removal.
Companies in the industry are actively introducing innovative devices to meet this demand. For instance, CPMT Laser has developed the CanLase 30-in-1 Skin Treatment Workstation, which includes 30 applications in a single machine, offering one of the highest pulse rates available for Alexandrite and Nd: Yag lasers. The CanLase workstation supports various treatments, from hair removal to advanced skin therapies, and can integrate with cooling systems like TorAir Cooling or Cryogen Cooling to enhance patient comfort. Devices like the PureLase also cater to high-demand treatments like skin rejuvenation and tattoo removal, designed to address growing patient preferences for effective, minimally invasive treatments. Such developments highlight how companies like CPMT Laser are supporting market growth with high-performance devices that meet current aesthetic needs.
While these technological advancements support market growth, the high cost of some aesthetic devices may present a barrier to widespread adoption.
Market Segment Analysis
The energy-based aesthetic devices market can be segmented by technology, including laser-based, light-based, and energy-based technology; by product, such as laser resurfacing and body-contouring devices; by application, such as hair removal, skin rejuvenation, skin resurfacing, and skin tightening; by end user, including hospitals and dermatology clinics; and by geography, spanning North America, Europe, Asia-Pacific, and other regions.
Laser-based devices, in particular, are expected to maintain the largest market share due to their extensive applications, from skin tightening to tattoo removal. Laser treatments work by targeting aging and sun-damaged skin with laser columns that encourage collagen remodeling while leaving surrounding tissues intact, promoting rapid healing. Manufacturers’ ongoing efforts to expand their offerings with advanced laser technology, such as CPMT Laser’s TorLase, CanLase, and PureLase, contribute to market growth by offering safe, versatile treatment options.
Regional Market Dynamics
North America is anticipated to lead the energy-based aesthetic devices market, largely due to its well-developed healthcare infrastructure and high demand for aesthetic procedures. In the United States, factors contributing to growth include increasing awareness of aesthetic treatments, a rising obesity rate, and a preference for minimally invasive procedures. In 2018, more than 17.7 million surgical and minimally invasive cosmetic procedures were performed, with a marked rise in non-invasive fat reduction and body-shaping procedures.
The presence of leading manufacturers in North America also drives growth, as companies continuously introduce new products and technologies. For example, CPMT Laser’s advanced devices, such as CPMT Ares, CanLase, and PureLase,are helping to meet the needs of the aesthetic industry by providing high-performance, FDA-cleared treatment solutions.
Meanwhile, the Asia-Pacific region shows significant growth potential due to improvements in healthcare infrastructure, rising disposable incomes, and an aging population.
Key Takeaways from the Energy-Based Aesthetic Devices Market Report
- Market size analysis for 2023, with a forecast up to 2030.
- Overview of top-performing products and technologies.
- Insights into key regions and market opportunities for energy-based aesthetic device providers.
- Analysis of industry trends, including minimally invasive and non-invasive procedure adoption.
Frequently Asked Questions
What are energy-based aesthetic devices?
These devices provide non-invasive and minimally invasive solutions for various applications, including skin resurfacing, tightening, and body contouring.
What is the market size of energy-based aesthetic devices?
The market was valued at USD 3.36 billion in 2023 and is expected to reach USD 5.60 billion by 2030, growing at a CAGR of 8.93%.
What factors are driving demand for these devices?
Key drivers include advancements in technology, rising aesthetic consciousness, and the global aging population.
Who are the key players in this market?
The market includes several key providers, with CPMT Laser being a prominent player offering innovative devices like CanLase and PureLase.
Which regions dominate the market?
North America is expected to dominate the market through 2030, with significant growth opportunities in Asia-Pacific as well.
Source of this article: Research and Markets.
