According to Arizton’s latest research report, the global energy-based aesthetic devices market to grow at a CAGR of 11.64% during 2023-2029
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Report Scope
Market Size (2029): $12.80 Billion
Market Size (2023): $6.61 Billion
CAGR (2023-2029): 11.64%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Technology, Gender, Age Group, Application, End-User and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
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Medical aesthetic devices, especially aesthetic lasers, are regulated and operated by certified professionals. These lasers are essential in the industry for treatments such as skin resurfacing, hair removal, tattoo removal, and addressing vascular abnormalities like hemangiomas. The high demand for these lasers is driven by their effectiveness in anti-aging and hair removal procedures.
The popularity of energy-based anti-aging treatments and the growing need for hair removal have significantly boosted the market for laser-based procedures. In 2022, there was increased demand for laser hair removal, skin resurfacing, skin tightening, and non-surgical fat reduction. Devices like Alma Laser’s Soprano Ice Platinum, which uses multiple wavelengths, exemplify the versatility and effectiveness driving this trend.
The primary users of these non-invasive procedures include aging individuals, those with obesity concerns, and people looking to enhance their skin appearance. A survey by Cutera and the American Society for Dermatologic Surgery found that over 60% of consumers view laser treatments as effective for reducing wrinkles and tightening skin. The aging global population and the growing preference for non-invasive treatments for issues like cellulite, acne, and wrinkles are further fueling the demand for laser and energy-based aesthetic devices.
The Female Segment to Witness the Fastest-Growing Segment with A CAGR of 11.76%
In 2023, women dominated the global energy-based aesthetic devices market, holding an 81.73% share. This growth is driven by increased consumer awareness and technological advancements. The cosmetic procedures landscape for females showed strong demand for both surgical and non-surgical enhancements.
In non-surgical procedures, females underwent 16,363,874 treatments. Hair removal was the most common, with 1,305,868 procedures, highlighting the demand for long-term solutions. Non-surgical skin tightening, and fat reduction also saw significant numbers, with 695,935 and 501,511 procedures respectively, reflecting a preference for less invasive aesthetic improvements with minimal downtime.
North America Dominates Global Energy-Based Aesthetic Devices Market
In 2023, North America led the global energy-based aesthetic devices market with a 38.70% share and is projected to grow at a robust 10.40% CAGR during the forecast period. The US and Canada were major contributors, with the US holding 92% of the market and Canada 8%.
North America’s strong market presence is driven by high consumer expenditure on cosmetic care and a high access rate to aesthetic procedures, fostering a preference for minimally invasive and non-invasive treatments. In 2020, the region recorded around 13.3 million cosmetic minimally invasive procedures, with laser skin resurfacing and intense pulsed light (IPL) treatments being particularly prevalent.
Key players such as Bausch Health Companies Inc., Venus Concept Inc., Cutera Inc., and Sciton Inc. are central to the market, with their extensive product portfolios, strategic marketing, and innovations driving growth. The aging population and rising obesity rates are expected to further increase demand for skin tightening, rejuvenation, and resurfacing procedures, ensuring continued expansion and relevance of energy-based aesthetic devices in North America’s healthcare sector.
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Key Vendors
- Bausch Health Companies
- Cynosure
- Cutera
- Lumenis
- Sinclair
- Sisram medical
- AbbVie
- Aerolase
- Aesthetics Biomedical
- Asclepion Laser Technologies
- Astanza
- Beijing Sanhe Beauty S & T Co
- Beijing ADSS Development
- Biolitec
- Biotec Italia
- BISON Medical
- Bluecore
- Brera Medical Technologies
- BTL Aesthetics
- Cartessa
- Candela
- El.En. S.p.A
- Erchonia
- ENDYMED
- F Care Systems
- Fontana
- Gigaalaser
- GSD
- InMode Aesthetic Solutions
- Leaflife Technology
- LINLINE Medical Systems
- Lutronic
- Lynton Lasers
- MedArt ApS
- Microaire Surgical Instruments
- Meyer-Haake
- Merx Pharma
- PhotoMedex
- Sciton
- SharpLight
- Sofwave
- ThermiGen
- Venus Concept
- Wavemed
Segmentation & Forecast
Technology
- Laser-based
- Light-based
- Electromagnetic-based
- Ultrasound
- Cryolipolysis
- Others
Gender
- Female
- Male
Application
- Body Contouring & Skin Tightening
- Skin Rejuvenation
- Hair Removal
- Vaginal Rejuvenation
- Leg Vein Treatment
- Others
End-User
- Hospitals & Skin Clinics
- Medical Spas & Beauty Centers
- Others
Age Group
- Between 34-50 Years
- Above 50 Years
- Below 34 Years
Geography
North America
- The U.S.
- Canada
Europe
- Germany
- The U.K.
- France
- Italy
- Spain
APAC
- Japan
- China
- India
- Australia
- South Korea
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Turkey
- South Africa
- Saudi Arabia
Key Questions Answered in the Report:
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