Energy-based Aesthetic Devices Market - By Product, By Gender, By End Use – Global Forecast 2024 – 2032

Energy-based Aesthetic Devices Market Size

The global energy-based aesthetic devices market size was estimated at USD 4.5 billion in 2023. The market is expected to grow from USD 5 billion in 2024 to USD 16.6 billion by 2032 at a CAGR of 16.1%. Energy-based aesthetic devices are medical devices that use several forms of energy including light, frequency, ultrasound or laser, to tackle wide range of cosmetic concerns and provide non-invasive or minimally invasive medical treatments.
 

These types of devices are mostly used in dermatology clinics, plastic surgery and aesthetics clinics to improve the appearance of the skin, reduce signs of aging, and treat specific conditions.  The increasing prevalence of obesity is creating a demand for body contouring and fat reduction solutions, thus driving the growth of the market. For instance, a report from the World Health Organization (WHO) estimated that, in 2022, one in eight people suffered from obesity globally.
 

Further, 2.5 billion adults aged 18 and above suffered from being overweight, whereas 890 million cases were classified as obese. Additionally, 37 million children below the age of five were overweight. This underscores the growing need for effective treatments such as energy based aesthetic devices, which offer non-invasive and minimally invasive solutions of body contouring, fat reduction solutions, and skin tightening.
 

Furthermore, the increasing adoption of non-invasive procedures is a substantial catalyst for the market. Patients and practitioners are showing a growing interest for non-invasive treatments due to their safety and effectiveness. Thus, the increasing awareness of energy based procedures serves as a significant driver for the global market. Nowadays individuals are becoming more informed about these advance treatments with the help of conferences, seminars, workshops being organized by many aesthetic association and manufacturers, to highlight their latest innovation in energy based treatments.
 

For instance, in 2024 the Aesthetic Beauty Industry Council (ABIC) has launched the program ELEVATE 24, an education conference in Sydney for creating the awareness, among the individuals and it has also included a series of workshops that offered to aesthetic professionals, including dermatologists, plastic surgeons, and aestheticians. These workshops have covered the latest trends, techniques, and best practices in aesthetic treatments.
 

Energy-based Aesthetic Devices Market Trends

• Continuous technological advancements in energy based devices are making cosmetic and medical treatments safer, more effective, and more reliable, providing patients with better option for care.
• Innovations in energy based devices has shown improvement in targeting the specific concerns related to skin, such as wrinkles, pigmentation and excess body fat, through the use of body fat reduction devices. Accurate delivery of this treatment has shown more effective outcomes.
   
• For instance, according to the National Institute of Health reports, it is estimated that clinical studies have shown positive results in the reduction of subcutaneous fat by 25% with the use of cryolipolysis, a non-invasive fat reduction procedure.
   
• In addition, new energy  devices often include features such as faster treatment as they deliver energy and treatment more effectively in minimal time. This benefits both doctors and patients, as the mode of treatment gets easy and large number of patients can be treated in a shorter time span. Some advanced devices can even treat multiple areas at once, making the process quicker and more effective.
   
• For instance, Bausch Health Companies Inc. had launched a Clear + Brilliant laser, which uses fractional laser technology to create structural and functional changes to the skin, assisting the prevention of early signs of aging, maintain young looking skin, and improve the skin's overall appearance.
   
• Further, increasing R&D investment in aesthetics and cosmetics is propelling the market growth. For instance, according to statistics, cosmetic manufacturer invests nearly USD 3 billion in R&D each year.
   

Energy-based Aesthetic Devices Market Analysis

Based on product, the market is divided into laser-based aesthetic device, radiofrequency (RF)-based aesthetic device, light-based aesthetic device, ultrasound aesthetic device, and other products. The market was estimated at USD 4.5 billion in 2023. The laser-based aesthetic device segment held revenue of USD 1.6 billion in 2023 and the segment is poised for significant growth at a CAGR of 16.5% during the forecast period.
 

• The dominance of the segment is fueled by the rising demand for non-invasive and minimally invasive treatment. Laser based aesthetic devices are being used for various aesthetic procedure such as skin rejuvenation, tattoo removal, fat reduction, and vascular lesions.
   
• For instance, according to the Aesthetic Society report, tattoo removal procedure increased by 8% in 2022 as compared to 2021, with a total of 23,012 procedures being performed in  2022.
   
• Laser-based devices continue to evolve with new innovations which includes adjustable wavelengths, pulse timing, and energy levels. These new features enhance treatment customizations and its effectiveness. For example, modern laser devices include safety mechanisms, such as real time monitoring and cooling systems, to protect skin and optimize the positive outcomes.
   
• Additionally, the growing awareness regarding the self-care and grooming, along with rising disposable income, especially in the emerging markets, is stimulating the demand for the laser based aesthetic devices, as a large number of individuals seek effective and advanced cosmetic treatment.
   

Based on gender, the energy-based aesthetic devices market is bifurcated into male and female. The male and female segment is further divided into 18 years and below, 19-34 years, 35-50 years, 51-64 years, and 65 years and above. The female segment accounted for a revenue share of 83.5% and with revenue of USD 3.8 billion in 2023.
 

• The female segment plays a vital role in the growth of the market, as women increasingly seeking non-invasive and minimally invasive treatments related to skin such as wrinkles, fine lines, and the visible signs of aging.
   
• For instance, in 2020, as per the data from the American Society of Plastic Surgeons approximately 12.4 million women in the U.S. underwent cosmetic procedures which includes 10.4 million minimally invasive treatments and 2 million surgical cosmetic treatment.
   
• Furthermore, according to the International Society of Aesthetic Plastic Surgery, women accounted for 85.7% of all cosmetic procedures performed in 2023, emphasizing the prevalent acceptance of the cosmetic procedures within the female demographic.
   
• Thus, given these factors the female segment is likely to maintain its supremacy in near future, due to the progressing beauty standards and technological innovations in the aesthetic procedure that continue to support the growth of this segment.
   

Based on end use, energy-based aesthetic devices market is bifurcated into hospitals, ambulatory surgical centers, beauty centers and medical spas, dermatology clinics, and home settings. The hospitals segment accounted for USD 1.8 billion in 2023.
 

• Hospitals are equipped with advanced energy based devices, which offer a wide range of treatment options for patients. This benefits patients to access multiple treatments at one place, including surgery, consultation, and aesthetic procedures. It also provides flexibility to choose from laser treatments, radiofrequency and other treatment option on patient preferences and needs.
   
• In addition, rising number of hospitals create a significant demand for these energy based devices to perform aesthetic procedures. For instance, in 2023 there were 6,120 number of hospitals present in U.S. This rising number of hospitals increases the adoption of current trends for energy based aesthetic devices.
   
• Furthermore, many hospitals are having specialized dermatologists, plastic surgeons, and aesthetic practitioners, skilled in using energy based devices. Because of this, patients feel confident in hospital staff for taking safe and effective treatment.
   

The North America energy-based aesthetic devices market is accounted for 1.8 billion revenues in 2023 forecasted to reach USD 6.3 billion by 2032. The U.S. dominated the North America market with the largest revenue of USD 1.6 billion in 2023.
 

• The growth of the region can be largely attributed to the high disposable income in the North America which allows the consumers to spend on premium aesthetic procedures and self-care treatment, including the energy based aesthetic procedures.
   
• For instance, according to the Statista, around 7.4 million people in the U.S. underwent cosmetic procedures in the year 2022.
   
• Moreover, the influence of social media platform and beauty influencers plays a vital role in shaping the consumers preference towards the youthful and rejuvenated skin, further propelling the growth of the market in the region.
   

Europe: The energy-based aesthetic devices market in UK is expected to experience significant and promising growth from 2024 to 2032.
 

• The growth of market in this region is anticipated to be bolstered by the rising cases of obesity in UK, which is contributing to the market growth.
   
• For instance, according to the health survey conducted by government of England estimates report that 25.9% of individuals were obese and 37.9% were overweight, of total population, in 2021.
   
• Further, this survey also showed that men had a higher likelihood of being overweight or obese, with 68.6% of men falling into this category compared to 59.0% of women. Thus, this in turn is increasing the adoption of energy aesthetic devices for reducing weight.
   

Asia pacific: Japan energy-based aesthetic devices market is anticipated to witness significant growth during the forecast period.
 

• Japan has one of the fastest aging populations globally. As per estimates, Japan has around 36.25 million people aged 65 years and above, which leads to one-third of the entire Japanese population.
   
• Therefore, as the population ages, there is a growing demand for aesthetic procedures that can reduce signs of aging such as wrinkles, sagging skin, and age spots. Energy-based aesthetic devices offer non-invasive solutions that appeal to older individuals seeking to maintain a youthful appearance.
   

Middle East and Africa: The energy-based aesthetic devices market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
 

• The growing preference toward the non-invasive and minimally invasive aesthetic treatments among the men and women in Saudi Arabia, stimulated by self-consciousness and cultural preference toward the youthful and rejuvenated skin is anticipated to propel the market growth in the country.
   
• Moreover, innovations in the energy based technology inclusive of the various energy based devices such laser hair removal, skin tightening, and body contouring devices that can cater to different skin tones and reduce discomfort in body, further boosting the market penetration of these devices in the country.
   

Energy-based Aesthetic Devices Market Share

The top players of the market account for approximately 40% of the market share which includes companies such as Sisram Medical, Cynosure, Lumenis, Merz Pharma, Bausch Health, among others. Moreover, strategic partnerships with beauty clinics, dermatologists, cosmetics research institutes, and government agencies play a primary role in advancing the development of products and getting the necessary permits. The development of public awareness through the social media platform and beauty influencers will encourage more individuals to seek the aesthetic treatment, enabling market players to strengthen their position in this growing sector.
 

Energy-based Aesthetic Devices Market Companies

Some of the eminent market participants operating in the energy-based aesthetic devices industry include:

• Apax Partners
• Boston Scientific Corporation
• Bausch Health Companies
• Cutera
• Hahn & Company
• Merz Pharma GmbH & Co
• Sciton
• SharpLight Technologies
• Sisram Medical
• Tria Beauty
• Venus Concept
• Vitruvian Partners
   
• Sisram Medical Ltd has strong product portfolio leading to larger adoption and significant market expansion. Sisram provides a diverse range of products pertaining to energy aesthetic devices including laser, radiofrequency systems for skin rejuvenation, and body contouring, among others.
   
• Bausch Health invests in research & development, fostering innovation and growth. The company continuously evolves with newest advancement in laser devices and radiofrequency technology.
   
• Cutera, Inc has comprehensive product portfolio and a global distribution footprint, with their offices located in Australia, Belgium, France, Switzerland, Japan, UK, and U.S.
   

Energy-based Aesthetic Devices Industry News:

• In January 2024, Bausch Health Companies Inc. and Solta Medical has received approval for Thermage FLX and the TR-4 Return Pad from China's NMPA, and from the U.S. FDA. This approval strengthened the company’s product portfolio and further strengthening its position in aesthetic market.
   
• In February 2024, Cutera has launched AviClear, the FDA cleared energy based devices, used for long term acne treatment. This product launch significantly represented a milestone in the field of dermatology and escalating the company’s product portfolio.
   

The energy-based aesthetic devices market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and volume in Units from 2021 – 2032 for the following segments:

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Market, By Product

• Laser-based aesthetic device
• Radiofrequency (RF)-based aesthetic device
• Light-based aesthetic device
• Ultrasound aesthetic device
• Other products

Market, By Gender

• Male
  • 18 years and below
  • 19-34 years
  • 35-50 years
  • 51-64 years
  • 65 years and above
• Female
  • 18 years and below
  • 19-34 years
  • 35-50 years
  • 51-64 years
  • 65 years and above

Market, By End Use

• Hospitals
• Ambulatory surgical centers
• Beauty centers and medical spas
• Dermatology clinics
• Home settings

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • Switzerland
  • Norway
  • Finland
  • Sweden
  • Denmark
  • Netherlands
• Asia Pacific 
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Taiwan
  • Indonesia
  • Vietnam
• Latin America 
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East and Africa 
  • South Africa
  • Saudi Arabia
  • UAE
  • Israel