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Global Energy-Based Aesthetic Devices Market was valued at USD 2,484.7 million in 2018, Observing a CAGR of 11.1% during 2019–2024: VynZ Research

Industry Insights by Technology (Light-Based (IPL, LED), Laser (Nd: YAG, Ruby, Er:YAG, CO2, Potassium Titanyl Phosphate, and Alexandrite), Electromagnetic Energy (Diode-Laser, Infrared, Radiofrequency Devices), Cryolipolysis, Ultrasound, Suction-Based, Plasma Energy), by Application (Facial and Skin Resurfacing/Photo Rejuvenation, Skin Tightening, Hair Removal, Fat Reduction and Body Contouring, Cellulite Reduction), by Distribution Channel (Direct, Indirect), by End-User(Hospitals, Home-Use, Dermatology Clinics), by Geography (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, Australia, South Korea, Brazil, U.A.E, Saudi Arabia, South Africa, South Africa)

/EIN News/ -- NEW YORK, Sept. 06, 2019 (GLOBE NEWSWIRE) -- The global energy-based aesthetic devices market was valued at USD 2,484.7 million in 2018, which will grow at a CAGR of 11.1% during the forecast period.

Globally, energy-based aesthetic devices industry players are leveraging market growth through the development of advanced at home devices for aesthetic purpose. Moreover, the emergence of large number of small players offering advanced technologies at lower cost is bolstering the growth of the market. Large players are investing in the R&D to create product differentiation and expand their product portfolio to retain their position in the market.

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Hair removal to remain the largest application area of the energy-based aesthetic devices due to the adoption of laser devices

Based on application, the energy-based aesthetic devices market is segmented into facial and skin resurfacing/photo rejuvenation, skin tightening, hair removal, fat reduction and body contouring, and cellulite reduction. Among all the application, hair removal is the most common application of energy-based aesthetic devices. The sale of energy based hair removal devices will remain the highest during the forecast period. Increasing popularity of laser hair removal procedure is one of the primary factor leasing to the demand for hair removal devices.

On the basis of technology, the global energy-based aesthetic devices market is categorized into light-based, laser, electromagnetic energy, cryolipolysis, ultrasound, suction-based, plasma energy, wherein laser-based devices hold the largest share in the market. The laser-based devices are also anticipated to witness significant growth during the forecast period due to the increasing demand for laser treatments in various procedures and technological advancements. Laser based devices are further categorized into neodymium-doped yttrium aluminum garnet (Nd: YAG), ruby, erbium-doped yttrium aluminum garnet (Er:YAG), carbon dioxide (CO2), potassium titanyl phosphate, and alexandrite.

Light based devices are categorized into intense pulse light (IPL) and light emitting diode (LED), whereas electromagnetic devices are categorized into diode-laser, infrared, and radiofrequency devices.

Based on distribution channel, the energy-based aesthetic devices market is segmented into direct and indirect channel. Among the two categories, the sale of these devices through direct channels is anticipated to grow at the faster rate during the forecast period. This is primarily due to the higher margin for manufacturers and lower prices for consumers through direct sales. With the increasing demand for home-use devices and booming e-commerce industry, manufacturers are using their own website as direct sales growth strategy.

Based on end user, the energy-based aesthetic devices market is segmented into hospitals, home-use, and dermatology clinics. The home-use energy based aesthetic devices market is expected to witness the fastest growth in demand during the forecast period, the technological advancements and development of hand-held devices.

Explore key industry insights in 95 tables and 55 figures from the 142 pages of report, “Global Energy-Based Aesthetic Devices Market – Analysis and Forecast (2019-2024) Industry Insights by Technology (Light-Based (IPL, LED), Laser (Nd: YAG, Ruby, Er:YAG, CO2, Potassium Titanyl Phosphate, and Alexandrite), Electromagnetic Energy (Diode-Laser, Infrared, Radiofrequency Devices), Cryolipolysis, Ultrasound, Suction-Based, Plasma Energy), by Application (Facial and Skin Resurfacing/Photo Rejuvenation, Skin Tightening, Hair Removal, Fat Reduction and Body Contouring, Cellulite Reduction), by Distribution Channel (Direct, Indirect), by End-User(Hospitals, Home-Use, Dermatology Clinics), by Geography (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, Australia, South Korea, Brazil, U.A.E, Saudi Arabia, South Africa, South Africa)”

Geography Insight

Geographically, North America has accounted for the largest share in energy-based aesthetic devices market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the existence of a large number of industry players and also has the highest healthcare expenditure globally. Moreover, high disposable income in the region leads to high out of pocket expenditure by consumers in North America especially in the U.S. Moreover, Asia-Pacific is expected to witness the fastest growth during the forecast period as the region comprises of largest population and the awareness for these devices is increasing rapidly among them.

Competitive Insight

Some of the key players operating in the global energy-based aesthetic devices market are Syneron Medical Ltd., IRIDEX Corporation, Merz Pharma GmbH & Co.KGaA, Alma Lasers Inc., Lumenis Ltd., TRIA Beauty Inc., Hologic Inc., Cutera Inc., Sciton Inc., Venus Concept Ltd., Bausch Health Companies Inc., and Genesis Biosystems Inc.

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Key Takeaway from the Report:

  • Hair removal is the most common application of energy-based aesthetic devices.
  • Laser-based devices hold the largest share in the global market.
  • Sale of energy-based devices through direct channels is anticipated to grow at the faster rate during the forecast period as manufacturers are using their own website as direct sales growth strategy.
  • The home-use energy based aesthetic devices market is expected to witness the fastest growth in demand during the forecast period.

The Report Offers:

  • Historical market estimate for the years 2014–2018, and forecast for the years 2019–2024
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

Benefits of Report Purchase from VynZ:

Detailed Research

We provide accurate data and in-depth analysis with all-inclusive coverage.

Robust Research Methodology

Robust research methodology and data triangulation to ensure high quality report.

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24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.

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24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.

Free Customization

20% post purchase free customization to meet your requirements.

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Security

High level of data security and confidentiality of your information.

The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). The report segments the global energy-based aesthetic devices market on the basis of technology, application, distribution channel, end-user, and region.

Global Energy-Based Aesthetic Devices Market Coverage

Technology Insight and Forecast 2014-2024

  • Light-Based
    • Intense Pulse Light (IPL)
    • Light Emitting Diode (LED)
  • Laser
    • Neodymium-Doped Yttrium Aluminum Garnet (Nd: YAG)
    • Ruby
    • Erbium-Doped Yttrium Aluminum Garnet (Er:YAG)
    • Carbon Dioxide (CO2)
    • Potassium Titanyl Phosphate
    • Alexandrite
  • Electromagnetic Energy
    • Diode-Laser
    • Infrared
    • Radiofrequency Devices
  • Cryolipolysis
  • Ultrasound
  • Suction-Based
  • Plasma Energy

Application Insight and Forecast 2014-2024

  • Facial and Skin Resurfacing/Photo Rejuvenation
  • Fat Reduction and Body Contouring
  • Hair Removal
  • Skin Tightening
  • Cellulite Reduction
  • Others

Distribution Channel Insight and Forecast 2014-2024

  • Direct
  • Indirect

End User Insight and Forecast 2014-2024

  • Hospitals
  • Home-Use
  • Dermatology and Cosmetic Clinics

Geographical Segmentation

Energy-based aesthetic devices Market by Region

North America

  • By Technology
  • By Application
  • By Distribution Channel
  • By End User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Technology
  • By Application
  • By Distribution Channel
  • By End User
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Technology
  • By Application
  • By Distribution Channel
  • By End User
  • By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Technology
  • By Application
  • By Distribution Channel
  • By End User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E. and Other Countries

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Explore more at: https://www.vynzresearch.com/healthcare/asia-pacific-beauty-devices-market

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.

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