As per the newest market research study by Technavio, the global energy-based aesthetic devices market is predicted to grow at a CAGR of around 8% during the estimated period 2017 to 2021.
This report by Technavio provides an in-depth breakdown of the global energy-based aesthetic devices market regarding revenue and evolving market trends. The report also incorporates an up-to-date examination and forecasts for various market sectors and all geographical regions.
Technavio research analysts categorize the market based on the product type
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The main three revenue generating product segments are examined below:
Global laser-based aesthetic devices market: The new FDA approvals for these devices and technological advancements will fuel the growth of laser-based devices in the global market. The rise in the non-surgical cosmetic procedure is the prime factor driving the sales of the laser-based aesthetic devices. The vendors in the market are investing in the research and development of new products and holding patents, which, in turn, will boost the sale of laser-based aesthetic devices in the global market.
“The stringent regulations of cosmetic laser products and radiation safety performance standards will encourage the manufacturers to launch innovative products in the market. Higher disposable incomes have increased focus on body appearance by both men and women resulting in a higher adoption of aesthetic procedures. Laser-based devices improve skin texture, tone, laxity, and it reduces the signs of aging,” says a lead analyst at Technavio for research on health and wellness.
Global light-based aesthetic devices: The introduction of numerous IPL products and growing demand for home-use procedures, such as hair removal will help in the growth of this market segment. The light-based devices provide the advantage of altering the treatment depending on the skin type and texture, hair thickness, and hair color. The different types of light devices available in the market are used to treat acne, redness, crusting and peeling, skin lesions, wrinkles, unwanted hair, spider veins, scars, and changes in skin tone.
Global ultrasound-based aesthetic devices: The rising awareness, affordability, and acceptability of cosmetic treatments in various developed countries are contributing to the sales of ultrasound-based devices in the global market. Ultherapy, also known as high-intensity focused ultrasound, is the first energy-based device to be cleared by the FDA for non-invasive aesthetic lift indication. This therapy uses ultrasound to deliver heat to tighten or lift skin on the face, neck, and decolletage.
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The top vendors functional in the global energy-based aesthetic devices market are:
- Cutera
- Cynosure
- Lumenis
- Syneron Medical
The other prominent retailers in the market include Alma Lasers, Body BeneFits, DEKA Medical, Ellman International, ENDYMED MEDICAL, Erchonia Corporation, Fotona, LUTRONIC, Quanta System, Sciton, SharpLight Technologies, Solta Medical, Tria Beauty, Ulthera, VENUS CONCEPT, Viora, and ZELTIQ Aesthetics.
A more thorough study is available in the Technavio report titled, ‘Global Energy-Based Aesthetic Devices Market 2017-2021’. Technavio also customizes reports by other countries and specific segments upon request.
Other related reports:
- Global Medical Aesthetics Market 2016-2020
- Global Semiconductor Laser Treatment Market 2016-2020
- Global Plastic Surgery Products Market 2016-2020
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