The increasing demand for minimally invasive procedures is expected to drive Global Radiofrequency Based Aesthetic Devices Market in the forecast period, 2024-2028F.
According to TechSci Research report, “Radiofrequency Based Aesthetic Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, the global radio frequency based aesthetic device market is anticipated to grow at an impressive rate in the forecast period, 2024-2028F. This can be ascribed to the rising healthcare awareness and spending, increasing geriatric population across the globe, increasing lifestyle changes, and rising different types of chronic disorders that will enhance the opportunities in the market for the forecast period. The rising adoption of minimally invasive and noninvasive aesthetic procedures for the treatment of chronic diseases, with the growing demand for advanced radiofrequency-based aesthetic device for the treatment of chronic diseases related to skin cancer , is further expected to increase the demand for the radiofrequency-based aesthetic device market in the forecast period. Similarly, growing demand for consumer-based cosmetics implants is also expected to create lucrative growth during the forecast period.
However, the lack of awareness about the radiofrequency-based aesthetic device in the urban region and the lack of skilled experts to manage the process may hamper the growth of the market. Similarly, the high cost of the device may hamper the global radiofrequency-based aesthetic devices market in the forecast period. Additionally, , side effects associated with the radiofrequency-based devices and lack of reimbursement policies for aesthetic treatments can further restrict the growth of the radiofrequency-based aesthetic device market during the forecast period.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Radio frequency Based Aesthetic Devices Market"
The global radiofrequency-based aesthetic devices market is segmented by product type, modality, application, technology, end user, sales channel, and by region.
Based on Application, the global radiofrequency-based aesthetic devices market can be segmented into Skin Tightening, Body Shaping, Fat Reduction, and Others. The Fat Reduction segment is expected to dominate the market in 2022 and maintain its dominance throughout the forecast period. With the increasing demand for minimally invasive surgeries for skin tightening, facial rejuvenation etc along with the demand to maintain a healthy lifestyle, people are looking for physical fitness. Similarly, increasing expenditure on cosmetic and aesthetic procedures has propelled the market growth during the forecast period. Based on sales channel, the market can be segmented into Distributor, Retail, and E-Commerce. The E-commerce segment is expected to dominate the market in 2022 and maintain its dominance throughout the forecast period. This can be ascribed due to the increasingly high demand for advanced aesthetic devices that is easy to use and help to find everything at a time and increasing efficacy rate and precision across the region.
Major companies operating in the global radiofrequency-based aesthetic devices market are:
- Alma Lasers Ltd.
- Beco Medical Group.
- Cymedics GmbH & Co. KG.
- Cynosure, Inc.
- EndyMed Ltd.
- Ibramed.
- INDIBA S.A.
- Inmode Ltd.
- Lumenis Ltd.
- Lutronic Corp.
Abbot announced the US launch of Iconic RF Generators, a radio frequency-based device that uses heat to target specific nerves & prevent pain relief signals from reaching the brain in June 2020 and Boston Scientific introduced the DIRECTSENSE Technology, which has mainly provided electrophysiologists with the first-ever visualization & local measurement of the tissue responses to the RFA.
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“North America is expected to register the highest growth in the global radiofrequency-based aesthetic devices market on account of increasing population suffering with different chronic disorders such as skin cancer and spinal cord disorders affecting the muscles and making them weak. Additionally, With the rise in developed healthcare infrastructure with advanced medical devices, government initiatives and investment for advance treatment with the affordable care act , favourable reimbursement procedures in the urban region is also expected to create a lucrative growth during the forecast period. , Similarly, growing demand for fat reduction due to increasing obesity, aging population and risk of chronic illness will further enhancethe demand for radiofrequency based aesthetic devices market iin the forecast period. Similarly, the growing industry of medical tourism is expected to propel the market growth till 2028,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Global Radiofrequency Based Aesthetic Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Product Type (Opportunity Assessment, Radiofrequency Generators/Systems, Electrodes, Applicators, Others), By Modality (Portable Devices, Non-Portable Devices), By Application (Skin Tightening, Body Shaping, Fat Reduction, Others), By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others), By End User (Beauty Clinics, Homecare Settings, Others), Sales Channel (Distributor, Retail, E-Commerce) and By Region”, has evaluated the future growth potential of global radiofrequency-based aesthetic devices market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global radiofrequency-based aesthetic devices market.
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