Aesthetic Devices Market Size to Grow at a CAGR of 10.5% in the Forecast Period of 2023-2031

The ‘Global Aesthetic Devices Market Size, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global aesthetic devices market, assessing the market on the basis of its segments like product type, surgery type, application, gender, end user, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Aesthetic Devices Market Size, Share, Price Trends, Industry Report, Key Players, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2016-2031)

• Forecast CAGR (2023-2031): 10.5%

Aesthetic devices are increasingly becoming popular as more people are becoming conscious about their appearance and the impact it has on their confidence and self-esteem. The key drivers for aesthetic devices include the desire for a more youthful and attractive appearance, the desire to improve one’s self-confidence, and the desire to improve one’s overall quality of life.

Additionally, advancements in technology and the development of new devices have made aesthetic treatments more affordable and accessible to a wider range of people. Social media has also played a significant role in driving the demand for aesthetic devices, as individuals are exposed to a wide range of images of people with perfect skin, hair, and bodies, which can make them feel self-conscious about their own appearance.

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The increasing awareness of the importance of mental health and the impact of stress and anxiety on one’s physical appearance is also driving the demand for aesthetic devices. Overall, the desire for self-improvement, the advancements in technology, and the increasing awareness of the importance of mental health are the key drivers for aesthetic devices.

Aesthetic Devices Industry Definition and Major Segments

Aesthetic devices refer to equipment or technology used in the field of aesthetic medicine, which includes procedures to enhance or improve the appearance of the face, skin, and body. Examples include laser devices for hair removal, skin resurfacing, and tattoo removal, as well as devices for non-surgical body contouring and skin tightening. These devices can be used for both medical and cosmetic purposes.

Market Breakup by Product Type

• Medicines
  • Botox
  • Dermal Fillers
  •  Others
• Devices
  • Energy Based Devices
  •  Laser Based Devices
  • Non-Ablative
    •  Pulse Energy Laser
    • Diode Laser
    •  Others
• Ablative
  •  Carbon Dioxide Laser
  •  ER: YAG Laser
  •  Combined CO2 ER: YAG Laser
  •  Radiofrequency Based Device
  •  Light Based Device
  •  Ultrasound Based Device
  •  Others
• Non-Energy Based Device
  •  Microdermabrasion Devices
  •  Threads
  •  Cryotherapy Device
  •  Others

Market Breakup by Surgery Type

• Minimally Invasive
• Non-Invasive

Market Breakup by Application

• Skin Rejuvenation
• Skin Resurfacing
• Skin Tightening
• Hair Removal
• Acne
• Scar
• Tattoo Removal
• Others

Market Breakup by Gender

• Female
• Male

Market Breakup by End User

• Hospitals
• Clinics
• Surgical Centres
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Aesthetic Devices Market Trends

The aesthetic devices market has experienced significant growth in recent years, driven by increasing demand for non-invasive cosmetic procedures, advancements in technology, and the growing popularity of minimally invasive cosmetic procedures. One of the key developments in the market is the increasing adoption of laser-based devices for hair removal, skin resurfacing, and tattoo removal. These devices offer high precision and efficacy and are widely accepted by patients and practitioners alike. Additionally, radiofrequency (RF) devices have also gained popularity for their ability to tighten and firm skin without the need for invasive surgery.

Another key development in the market is the increasing adoption of energy-based devices for body contouring and fat reduction. These devices use ultrasound, laser, and RF technology to target and destroy fat cells, resulting in significant reduction of body fat and improved body shape. Furthermore, advancements in technology have also led to the development of minimally invasive liposuction devices, which offer a less invasive alternative to traditional liposuction procedures.

The market has also seen the introduction of new injectable dermal fillers, which are used to restore volume and smooth out wrinkles and fine lines. These products are easy to use, and have minimal downtime, making them popular among practitioners and patients. Additionally, the market has also seen the introduction of new non-invasive skin tightening devices, which use a combination of energy-based and mechanical modalities to achieve skin tightening and rejuvenation.

Key Market Players

The major players in the aesthetic devices market report are Alma Lasers Ltd., Merz Pharma GmbH & Co. KGaA, Lumenis Be Ltd, Hologic, Inc., Solta Medical, Allergan plc, Dentsply Sirona Inc., Johnson & Johnson, Sientra Inc, Syneron Medical Ltd., Zimmer Biomet Holdings, Inc., and Valeant Pharmaceuticals International, Inc. (Bausch Health). The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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