Radiofrequency Based Aesthetic Devices Market to be dominated by Multipolar RF through 2028
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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