Energy-Based Aesthetic Devices Industry Development and Demand Forecast to 2030

NEW YORK - Aug. 8, 2023 - PRLog -- The global energy-based aesthetic devices market is experiencing growth and is projected to reach USD 6,326.2 million by 2030, according to P&S Intelligence. This growth can be ascribed to the rising awareness, accessibility, and popularity of these devices, growing income, product innovations, and the thriving occurrence of chronic skin situations.

Furthermore, the technological improvements in minimally invasive treatments for skin tightening and resurfacing.

In recent years, the laser-based category held the largest energy-based aesthetic devices industry share. This can be credited to the broadening cosmetic applications of lasers, including skin contouring and fat and hair lessening.

Furthermore, the elderly populace and the occurrence of issues caused because of sun overexposure, such as photoaging, have been rising continually, which is, ultimately, stimulating the demand for the production of such devices worldwide.

In the coming few years, the indirect bifurcation distribution channel is projected to experience substantial development, at a CAGR of approximately 11%, credited to the growing leaning toward online shopping, particularly for home-use aesthetic items. Online shopping platforms, like Flipkart and Amazon, provide an extensive range of such devices with simple return and payment guidelines, to attain a vast customer base and advance their business performance.

The home-use category is projected to experience the highest development rate in the coming few years, credited to the technological revolutions that make energy-based aesthetic devices simple to use. Furthermore, such systems are inexpensive, which, ultimately, reinforces their use case throughout the globe.

In the past few years, the dermatology and cosmetic clinics category led the market, mainly because of the growing establishment of such clinics and the growing footfall here, as they are focused on cosmetic treatments, dissimilar hospitals, which are more tending toward curing a variety of serious medical conditions.

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In recent years, North America dominated the energy-based aesthetic devices market, with a revenue share of approximately 40%, and the region is also projected to be on the leading spot throughout the forecast period. This growth can be credited to the ballooning obese populace in the continent, which gives growth to the demand for fat decrease and body shaping treatments.

Hence, the rising awareness, accessibility, and popularity of these devices, growing income, product innovations, and thriving occurrence of chronic skin situations, are the major factors propelling the energy-based aesthetic devices market.