Product Code: 11714
According to the market research report published by P&S Intelligence, the size of the energy-based aesthetic devices market was around $2,661.6 million in 2021, which will reach $6,326.2 million in 2030, with a CAGR of more than 10%. The growth is credited to the increasing awareness, acceptance, and accessibility of these devices, product innovations, increasing income, and booming occurrence of chronic skin diseases. Furthermore, the technical advancements in MIS treatments for skin tightening and resurfacing are responsible for the market growth.
As of 2021, the largest share of the energy-based aesthetic devices market, of about 40%, is held by laser-based devices, followed by those that emit light energy and those that use electromagnetic energy. This is mainly because of the widening cosmetic uses of lasers, including skin contouring and reduction of hair and fat. Furthermore, the rising elderly population and occurrence of problems caused by sun overexposure are fortifying the demand for these devices worldwide.
Facial & skin resurfacing/photo rejuvenation processes will have the highest growth rate, of more than 10%. The aging population is one of the main reasons for the rising count of such procedures, since unwanted changes, such as scars, fine lines, wrinkles, enlarged pores, coarse texture, and dull tone, become apparent on the face with age. Hence, to get glowing skin, people opt for light-based beauty devices for these treatments.
The revenue of the North American energy-based aesthetic devices market was around 40% of the global in 2021. This is because of the growing obese population, which is giving rise to the demand for fat reduction and body shaping. The U.S. will have a large obese population, of approximately 125 million, by the year 2030. Furthermore, the rising research and development activities, along with product introductions and the snowballing healthcare outflow, are contributing to the growth of the industry.
Worldwide, the consumer preference for minimally invasive beauty treatments has increased over time. As per the ASPS, the most-extensively executed MISs are type A botulinum toxin, soft-tissue filler, laser skin resurfacing, chemical peel, and IPL. The total count of minimally invasive aesthetic procedures augmented to over 13 million in 2020, increasing by 174% from 2000.
Home-use product demand will observe the highest CAGR in the energy-based aesthetic devices market in the coming years. This will be because of the technical innovations, which are making their usage rather easy, and their low costs. Cosmetic and dermatology clinics dominated the market because of the snowballing establishment of these setups and the increasing footfall here, as they focus on cosmetic treatments.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Analysis Period
- 1.4 Market Data Reporting Unit
- 1.5 Market Size Breakdown by Segment
- 1.5.1 Market Segmentation by Technology
- 1.5.2 Market Segmentation by Application
- 1.5.3 Market Segmentation by Distribution Channel
- 1.5.4 Market Segmentation by End User
- 1.5.5 Market Segmentation by Region
- 1.5.6 Segmentation Analysis of Countries
- 1.6 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research, by Region
- 2.2.2 Breakdown of Primary Research, by Industry Participant
- 2.2.3 Breakdown of Primary Research, by Designation
- 2.2.4 Breakdown of Primary Research, by Company Type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Currency Conversion Rates
- 2.6 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
- 4.1 Surge in Hair Removal and Non-Surgical Fat Reduction Procedures
- 4.2 Growing Medical Aesthetics Sector
- 4.3 Increasing Popularity of Medical Spas
Chapter 5. Definition of Market Segments
- 5.1 By Technology
- 5.1.1 Laser-Based
- 5.1.1.1 Alexandrite
- 5.1.1.2 Diode laser
- 5.1.1.3 Nd:YAG
- 5.1.1.4 CO2
- 5.1.1.5 Er:YAG
- 5.1.1.6 PDL
- 5.1.1.7 Others
- 5.1.2 Light-Based
- 5.1.3 Electromagnetic Energy-Based
- 5.1.3.1 Infrared-based
- 5.1.3.2 Radiofrequency-based
- 5.1.3.3 Non-laser (Hydradermabrasion)
- 5.1.3.4 Others
- 5.1.4 Ultrasound-Based
- 5.1.5 Suction-Based
- 5.1.6 Plasma Energy-Based
- 5.1.7 Cryolipolysis
- 5.2 By Application
- 5.2.1 Hair Removal
- 5.2.2 Facial & Skin Resurfacing/Photo Rejuvenation
- 5.2.3 Skin Tightening
- 5.2.4 Fat Reduction & Body Contouring
- 5.2.5 Cellulite Reduction
- 5.2.6 Others
- 5.3 By Distribution Channel
- 5.3.1 Indirect
- 5.3.2 Direct
- 5.4 By End User
- 5.4.1 Dermatology & Cosmetic Clinics
- 5.4.2 Hospitals
- 5.4.3 Home-Use
Chapter 6. Industry Outlook
- 6.1 Market Dynamics
- 6.1.1 Trends
- 6.1.1.1 Rising inclination toward improved appearance
- 6.1.1.2 Growing acceptance of home-use energy-based aesthetic devices
- 6.1.2 Drivers
- 6.1.2.1 Growing medical tourism industry
- 6.1.2.2 Increasing volume of aesthetic procedures
- 6.1.2.3 Rising incidence of skin disorders
- 6.1.2.4 Shift toward minimally invasive aesthetic treatments
- 6.1.2.5 Increasing awareness about safe use and advantages of energy-based aesthetic devices
- 6.1.2.6 Surging geriatric population
- 6.1.3 Impact Analysis of Drivers on Market Forecast
- 6.1.4 Restraints
- 6.1.4.1 Lack of reimbursement policies
- 6.1.4.2 Stringent regulatory requirements
- 6.1.5 Impact Analysis of Restraints on Market Forecast
- 6.1.6 Opportunities
- 6.1.6.1 Extensive research leading to technical innovations
- 6.2 Impact of COVID-19
- 6.3 Value Chain Analysis
- 6.4 Porter's Five Forces Analysis
- 6.4.1 Bargaining Power of Buyers
- 6.4.2 Bargaining Power of Suppliers
- 6.4.3 Intensity of Rivalry
- 6.4.4 Threat of New Entrants
- 6.4.5 Threat of Substitutes
Chapter 7. Global Market Size and Forecast
- 7.1 Overview
- 7.2 Global Energy-Based Aesthetic Devices Market, by Technology
- 7.2.1 Laser-Based Aesthetic Devices Market, by Type
- 7.2.2 Light-Based Aesthetic Devices Market, by Type
- 7.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 7.3 Global Energy-Based Aesthetic Devices Market, by Application
- 7.4 Global Energy-Based Aesthetic Devices Market, by Distribution Channel
- 7.5 Global Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 7.6 Global Energy-Based Aesthetic Devices Market, by Region
Chapter 8. North America Market Size and Forecast
- 8.1 North America Energy-Based Aesthetic Devices Market, by Technology (2014-2030)
- 8.1.1 Laser-Based Aesthetic Devices Market, by Type
- 8.1.2 Light-Based Aesthetic Devices Market, by Type
- 8.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 8.2 North America Energy-Based Aesthetic Devices Market, by Application
- 8.3 North America Energy-Based Aesthetic Devices Market, by Distribution Channel
- 8.4 North America Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 8.5 North America Energy-Based Aesthetic Devices Market, by Country
Chapter 9. Europe Market Size and Forecast
- 9.1 Europe Energy-Based Aesthetic Devices Market, by Technology (2014-2030)
- 9.1.1 Laser-Based Aesthetic Devices Market, by Type
- 9.1.2 Light-Based Aesthetic Devices Market, by Type
- 9.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 9.2 Europe Energy-Based Aesthetic Devices Market, by Application
- 9.3 Europe Energy-Based Aesthetic Devices Market, by Distribution Channel
- 9.4 Europe Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 9.5 Europe Energy-Based Aesthetic Devices Market, by Country
Chapter 10. APAC Market Size and Forecast
- 10.1 APAC Energy-Based Aesthetic Devices Market, by Technology (2014-2030)
- 10.1.1 Laser-Based Aesthetic Devices Market, by Type
- 10.1.2 Light-Based Aesthetic Devices Market, by Type
- 10.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 10.2 APAC Energy-Based Aesthetic Devices Market, by Application
- 10.3 APAC Energy-Based Aesthetic Devices Market, by Distribution Channel
- 10.4 APAC Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 10.5 APAC Energy-Based Aesthetic Devices Market, by Country
Chapter 11. LATAM Market Size and Forecast
- 11.1 LATAM Energy-Based Aesthetic Devices Market, by Technology (2014-2030)
- 11.1.1 Laser-Based Aesthetic Devices Market, by Type
- 11.1.2 Light-Based Aesthetic Devices Market, by Type
- 11.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 11.2 LATAM Energy-Based Aesthetic Devices Market, by Application
- 11.3 LATAM Energy-Based Aesthetic Devices Market, by Distribution Channel
- 11.4 LATAM Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 11.5 LATAM Energy-Based Aesthetic Devices Market, by Country
Chapter 12. MEA Market Size and Forecast
- 12.1 MEA Energy-Based Aesthetic Devices Market, by Technology (2014-2030)
- 12.1.1 Laser-Based Aesthetic Devices Market, by Type
- 12.1.2 Light-Based Aesthetic Devices Market, by Type
- 12.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 12.2 MEA Energy-Based Aesthetic Devices Market, by Application
- 12.3 MEA Energy-Based Aesthetic Devices Market, by Distribution Channel
- 12.4 MEA Energy-Based Aesthetic Devices Market, by End User (2014-2030)
- 12.5 MEA Energy-Based Aesthetic Devices Market, by Country
Chapter 13. U.S. Market Size and Forecast
- 13.1 Overview
- 13.2 U.S. Energy-Based Aesthetic Devices Market, by Technology
- 13.2.1 Laser-Based Aesthetic Devices Market, by Type
- 13.2.2 Light-Based Aesthetic Devices Market, by Type
- 13.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 13.3 U.S. Energy-Based Aesthetic Devices Market, by Application
- 13.4 U.S. Energy-Based Aesthetic Devices Market, by Distribution Channel
- 13.5 U.S. Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 14. Canada Market Size and Forecast
- 14.1 Overview
- 14.2 Canada Energy-Based Aesthetic Devices Market, by Technology
- 14.2.1 Laser-Based Aesthetic Devices Market, by Type
- 14.2.2 Light-Based Aesthetic Devices Market, by Type
- 14.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 14.3 Canada Energy-Based Aesthetic Devices Market, by Application
- 14.4 Canada Energy-Based Aesthetic Devices Market, by Distribution Channel
- 14.5 Canada Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 15. Germany Market Size and Forecast
- 15.1 Overview
- 15.2 Germany Energy-Based Aesthetic Devices Market, by Technology
- 15.2.1 Laser-Based Aesthetic Devices Market, by Type
- 15.2.2 Light-Based Aesthetic Devices Market, by Type
- 15.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 15.3 Germany Energy-Based Aesthetic Devices Market, by Application
- 15.4 Germany Energy-Based Aesthetic Devices Market, by Distribution Channel
- 15.5 Germany Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 16. France Market Size and Forecast
- 16.1 Overview
- 16.2 France Energy-Based Aesthetic Devices Market, by Technology
- 16.2.1 Laser-Based Aesthetic Devices Market, by Type
- 16.2.2 Light-Based Aesthetic Devices Market, by Type
- 16.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 16.3 France Energy-Based Aesthetic Devices Market, by Application
- 16.4 France Energy-Based Aesthetic Devices Market, by Distribution Channel
- 16.5 France Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 17. U.K. Market Size and Forecast
- 17.1 Overview
- 17.2 U.K. Energy-Based Aesthetic Devices Market, by Technology
- 17.2.1 Laser-Based Aesthetic Devices Market, by Type
- 17.2.2 Light-Based Aesthetic Devices Market, by Type
- 17.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 17.3 U.K. Energy-Based Aesthetic Devices Market, by Application
- 17.4 U.K. Energy-Based Aesthetic Devices Market, by Distribution Channel
- 17.5 U.K. Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 18. Italy Market Size and Forecast
- 18.1 Overview
- 18.2 Italy Energy-Based Aesthetic Devices Market, by Technology
- 18.2.1 Laser-Based Aesthetic Devices Market, by Type
- 18.2.2 Light-Based Aesthetic Devices Market, by Type
- 18.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 18.3 Italy Energy-Based Aesthetic Devices Market, by Application
- 18.4 Italy Energy-Based Aesthetic Devices Market, by Distribution Channel
- 18.5 Italy Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 19. Spain Market Size and Forecast
- 19.1 Overview
- 19.2 Spain Energy-Based Aesthetic Devices Market, by Technology
- 19.2.1 Laser-Based Aesthetic Devices Market, by Type
- 19.2.2 Light-Based Aesthetic Devices Market, by Type
- 19.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 19.3 Spain Energy-Based Aesthetic Devices Market, by Application
- 19.4 Spain Energy-Based Aesthetic Devices Market, by Distribution Channel
- 19.5 Spain Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 20. China Market Size and Forecast
- 20.1 Overview
- 20.2 China Energy-Based Aesthetic Devices Market, by Technology
- 20.2.1 Laser-Based Aesthetic Devices Market, by Type
- 20.2.2 Light-Based Aesthetic Devices Market, by Type
- 20.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 20.3 China Energy-Based Aesthetic Devices Market, by Application
- 20.4 China Energy-Based Aesthetic Devices Market, by Distribution Channel
- 20.5 China Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 21. India Market Size and Forecast
- 21.1 Overview
- 21.2 India Energy-Based Aesthetic Devices Market, by Technology
- 21.2.1 Laser-Based Aesthetic Devices Market, by Type
- 21.2.2 Light-Based Aesthetic Devices Market, by Type
- 21.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 21.3 India Energy-Based Aesthetic Devices Market, by Application
- 21.4 India Energy-Based Aesthetic Devices Market, by Distribution Channel
- 21.5 India Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 22. Japan Market Size and Forecast
- 22.1 Overview
- 22.2 Japan Energy-Based Aesthetic Devices Market, by Technology
- 22.2.1 Laser-Based Aesthetic Devices Market, by Type
- 22.2.2 Light-Based Aesthetic Devices Market, by Type
- 22.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 22.3 Japan Energy-Based Aesthetic Devices Market, by Application
- 22.4 Japan Energy-Based Aesthetic Devices Market, by Distribution Channel
- 22.5 Japan Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 23. Thailand Market Size and Forecast
- 23.1 Overview
- 23.2 Thailand Energy-Based Aesthetic Devices Market, by Technology
- 23.2.1 Laser-Based Aesthetic Devices Market, by Type
- 23.2.2 Light-Based Aesthetic Devices Market, by Type
- 23.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 23.3 Thailand Energy-Based Aesthetic Devices Market, by Application
- 23.4 Thailand Energy-Based Aesthetic Devices Market, by Distribution Channel
- 23.5 Thailand Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 24. Brazil Market Size and Forecast
- 24.1 Overview
- 24.2 Brazil Energy-Based Aesthetic Devices Market, by Technology
- 24.2.1 Laser-Based Aesthetic Devices Market, by Type
- 24.2.2 Light-Based Aesthetic Devices Market, by Type
- 24.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 24.3 Brazil Energy-Based Aesthetic Devices Market, by Application
- 24.4 Brazil Energy-Based Aesthetic Devices Market, by Distribution Channel
- 24.5 Brazil Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 25. Mexico Market Size and Forecast
- 25.1 Overview
- 25.2 Mexico Energy-Based Aesthetic Devices Market, by Technology
- 25.2.1 Laser-Based Aesthetic Devices Market, by Type
- 25.2.2 Light-Based Aesthetic Devices Market, by Type
- 25.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 25.3 Mexico Energy-Based Aesthetic Devices Market, by Application
- 25.4 Mexico Energy-Based Aesthetic Devices Market, by Distribution Channel
- 25.5 Mexico Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 26. Saudi Arabia Market Size and Forecast
- 26.1 Overview
- 26.2 Saudi Arabia Energy-Based Aesthetic Devices Market, by Technology
- 26.2.1 Laser-Based Aesthetic Devices Market, by Type
- 26.2.2 Light-Based Aesthetic Devices Market, by Type
- 26.2.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
- 26.3 Saudi Arabia Energy-Based Aesthetic Devices Market, by Application
- 26.4 Saudi Arabia Energy-Based Aesthetic Devices Market, by Distribution Channel
- 26.5 Saudi Arabia Energy-Based Aesthetic Devices Market, by End User (2014-2030)
Chapter 27. Competitive Landscape
- 27.1 Company Benchmarking
- 27.2 Recent Strategic Developments of Key Players
- 27.2.1 Product Launches
- 27.2.2 Mergers and Acquisitions
- 27.2.3 Collaboration
- 27.2.4 Other Developments
Chapter 28. Company Profiles
- 28.1 Alma Lasers Ltd.
- 28.1.1 Business Overview
- 28.1.2 Product and Service Offerings
- 28.2 Merz Pharma GmbH & Co. KGaA
- 28.2.1 Business Overview
- 28.2.2 Product and Service Offerings
- 28.3 Bausch Health Companies Inc.
- 28.3.1 Business Overview
- 28.3.2 Product and Service Offerings
- 28.3.3 Key Financial Summary
- 28.4 Lumenis Be Ltd.
- 28.4.1 Business Overview
- 28.4.2 Product and Service Offerings
- 28.5 Hologic Inc.
- 28.5.1 Business Overview
- 28.5.2 Product and Service Offerings
- 28.5.3 Key Financial Summary
- 28.6 Venus Concept Inc.
- 28.6.1 Business Overview
- 28.6.2 Product and Service Offerings
- 28.6.3 Key Financial Summary
- 28.7 Cutera Inc.
- 28.7.1 Business Overview
- 28.7.2 Product and Service Offerings
- 28.7.3 Key Financial Summary
- 28.8 Sciton Inc.
- 28.8.1 Business Overview
- 28.8.2 Product and Service Offerings
- 28.9 TRIA Beauty Inc.
- 28.9.1 Business Overview
- 28.9.2 Product and Service Offerings
- 28.10 Candela Corporation
- 28.10.1 Business Overview
- 28.10.2 Product and Service Offerings
- 28.11 Genesis Biosystems Inc.
- 28.11.1 Business Overview
- 28.11.2 Product and Service Offerings
- 28.12 IRIDEX Corporation
- 28.12.1 Business Overview
- 28.12.2 Product and Service Offerings
- 28.12.3 Key Financial Summary
- 28.13 Sisram Medical Ltd.
- 28.13.1 Business Overview
- 28.13.2 Product and Service Offerings
- 28.13.3 Key Financial Summary
- 28.14 Lynton Lasers Ltd.
- 28.14.1 Business Overview
- 28.14.2 Product and Service Offerings
- 28.15 Strata Skin Sciences Inc.
- 28.15.1 Business Overview
- 28.15.2 Product and Service Offerings
- 28.15.3 Key Financial Summary
- 28.16 Fotona D.o.o.
- 28.16.1 Business Overview
- 28.16.2 Product and Service Offerings
- 28.17 EL.EN. S.p.A.
- 28.17.1 Business Overview
- 28.17.2 Product and Service Offerings
- 28.17.3 Key Financial Summary
- 28.18 Laseroptek Co. Ltd.
- 28.18.1 Business Overview
- 28.18.2 Product and Service Offerings
- 28.19 Imdad LLC
- 28.19.1 Business Overview
- 28.19.2 Product and Service Offerings
- 28.20 Lutronic Corp.
- 28.20.1 Business Overview
- 28.20.2 Product and Service Offerings
- 28.21 Jeisys Medical Inc.
- 28.21.1 Business Overview
- 28.21.2 Product and Service Offerings
- 28.22 Laser Aesthetics SA
- 28.22.1 Business Overview
- 28.22.2 Product and Service Offerings
Chapter 29. Appendix
- 29.1 Abbreviations
- 29.2 Sources and References
- 29.3 Related Reports