Aesthetic Medical Devices Market Development Status, Competition Analysis, Type and Application by 2032 | FMI
A recently published study by FMI expects the global Aesthetic Medical Devices Market to augment at a 9.6% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 35000 Million is expected for the market. The increase may be attributed mostly to the increased development of technologically advanced and user-friendly devices, as well as the rising desire for cosmetic treatments among individuals.
In addition to that, the popularity of minimally invasive and
non-invasive aesthetic operations is expanding internationally as a result of
loose facial skin, particularly around the eyes, jowls, and cheeks; and dry or
roughened skin, among other important changes that occur as a person ages.
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Furthermore, the demand for aesthetic devices is rising due to the
growing popularity of cosmetic operations among those seeking to improve their
looks and stand out from the crowd.
Key Takeaways from the Market Study
- FMI projects
the global aesthetic medical devices market to expand at a 9.6% value CAGR
by 2032
- The global
aesthetic medical devices market is expected to garner a market value of
US$ 35,000 Million
- North America
is expected to grow at a CAGR of 9.5% during the assessment period
2022-2032.
- As per Future
Market Insights, the Asia Pacific is expected to grow at a CAGR of 8.7%
during the assessment period 2022-2032.
- Europe is
expected to at a CAGR of 9% during the forecast period 2022-2032.
- The hospitals
and clinics segment is expected to hold the largest market share for
aesthetic medical devices in the forecast period 2022-2032.
“During the projection period, the United States market is anticipated to
lead the market in North America. This is owing to the excellent healthcare
system, technological developments, and strong government financial backing.
Furthermore, the growing senior population, peer pressure to seem younger, and
the expanding obese or overweight population are fuelling the country's market
growth,” says an analyst at FMI
Cosmetic Technology Devices are tools or
equipment used in medical procedures that aim to improve the appearance of a
person. These devices are often used in cosmetic surgery, dermatology, and
other aesthetic medical specialties.
Market Competition
- Alma Lasers
- Merz Pharma
- Bausch Health
Companies Inc.
- Lumenis Be Ltd.
- Venus Concept
- Candela
Corporation
- Cutera Inc.
- Fotona
- InMode
- Asclepion Laser
Technologies GmbH
- Quanta System
- BTL
- Lutronic
- LASEROPTEK
Recent Developments
- In December
2021CUTERA, INC. will debut the next generation of truSculpt flex, a quick
treatment mode based on Cutera's unique Multi-Directional Stimulation. It
achieves the same toning, firming, and strengthening effects in a fraction
of the time.
- Alma Lasers
will debut the new Alma PrimeX platform during a worldwide LIVE launch
event in April 2021. Alma PrimeX, the category's top performer, produced
unrivalled results in circumference reduction and skin tightening in the
belly, waist, thighs, and buttocks.
- Candela
announced the launch of the Frax Pro system in January 2021. The
FDA-approved, non-ablative fractional device is the first to offer
dual-depth skin resurfacing with the Frax 1550 and Frax 1940 applicators.
The two modalities work on distinct levels of the skin, promoting new
collagen formation and displaying smoother, brighter skin.
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Key Segments Profiled in the Aesthetic Medical Devices Market Industry
Survey
Aesthetic Medical Devices Market by Technology:
- Laser-Based
- Alexandrite
- Diode
- ND: YAG
- CO2
- ER: YAG
- PDL
- Others
- Light-Based
- IPL
- LED
- Electromagnetic
Energy-Based
- Infrared-Based
- Radiofrequency-Based
- Non-Laser
- Others
- Ultrasound-Based
- Cryolipolysis
- Suction-Based
- Plasma
Energy-Based
Aesthetic Medical Devices Market by Application:
- Facial Skin
Resurfacing
- Photorejuvenation
- Hair Removal
- Fat Reduction
and Body Contouring
- Skin Tightening
- Cellulite
Reduction
- Feminine
Rejuvenation
- Tattoos and
Pigmentation
- Acne and Acne
Scars
- Vascular Lesions
- Others
Aesthetic Medical Devices Market by End User:
- Dermatology and
Cosmetic Clinics
- Hospitals and
Clinics
- Medical Spas
- Home Use
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