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Energy-based Aesthetic Devices Market size was valued at around USD 4.5 billion in 2023 and is estimated to grow at 16.1% CAGR from 2024 to 2032. Energy-based aesthetic devices are medical devices that utilize various forms of energy, such as light, radiofrequency, ultrasound, or laser, to address a wide range of cosmetic concerns and provide non-invasive or minimally invasive treatments. These devices are commonly used in dermatology, plastic surgery, and aesthetic clinics to enhance the appearance of the skin, reduce signs of aging, and treat specific conditions.
Obesity, a global health crisis, is fueling a rising demand for body contouring and fat reduction solutions. In 2022, the World Health Organization (WHO) revealed that over one billion individuals globally grapple with obesity, encompassing 650 million adults, 340 million adolescents, and 39 million children. Projections indicate a deepening crisis, with the WHO estimating that by 2025, approximately 167 million individuals will grapple with obesity-related health challenges.
This underscores the pressing need for effective interventions. Energy-based aesthetic devices offer non-invasive or minimally invasive treatments, boasting reduced discomfort and quicker recovery times than traditional surgical routes such as liposuction using liposuction devices. With increasing awareness and technological strides, more individuals are turning to these solutions to address obesity-related issues. Thereby propelling the market growth.
Furthermore, the increasing adoption of non-invasive procedures is a considerable catalyst for the energy-based aesthetic devices market. Patients and practitioners alike are showing a growing preference for non-invasive treatments due to their effectiveness, and safety. Non-invasive energy-based devices, such as lasers and radiofrequency devices, are popular for skin rejuvenation and addressing signs of aging. Patients seek treatments that improve skin texture, reduce fine lines and wrinkles, and enhance overall skin quality without surgery.
The laser segment in the market is expected to reach USD 6.1 billion by 2032, fueled by the increasing demand for non-invasive and minimally invasive treatments.
U.S energy-based aesthetic devices market is expected to reach USD 5.7 billion by 2032 due to significant R&D investments and advancements in energy-based technologies.
Global energy-based aesthetic devices industry was valued at USD 4.5 billion in 2023 and is anticipated to register 16.1% CAGR between 2024 and 2032, driven by increasing awareness regarding energy-based aesthetic procedures.
Apax Partners, Boston Scientific Corporation, Bausch Health Companies Inc., Cutera, Inc., Hahn & Company, Merz Pharma GmbH & Co. KGaA, Sciton, Inc., SharpLight Technologies Inc., Sisram Medical Ltd, and Tria Beauty, among others.