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Why Will Energy-based Aesthetic Devices Market Boom In U.s. In Future?
The factors driving the expansion of the market are the technological evolution and the rising usage of these devices and the growing popularity of minimally invasive procedures across the globe.In recent times, there has been a sharp surge in the popularity of minimally-invasive aesthetic treatment procedures all over the world. This has consequently pushed up the demand for energy-based aesthetic devices as these devices are widely used in these procedures, on account of their ability to offer faster recovery, minimal skin invasion, lesser discomfort, and fewer side-effects than other devices. Moreover, the adoption of these treatments by famous celebrities has boosted the popularity of these devices around the world.
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As per an article published by the Harley Academy, in 2015, the revelation about Kylie Jenner’s lip filler treatment caused as much as a 70.0% rise in public enquiries about the procedure in the U.K. The rising social acceptance and public awareness of these treatments ...
... is boosting the global demand for energy-based aesthetic devices. Besides this, the soaring geriatric population is also positively impacting the growth of the energy-based aesthetic devices market.
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Depending on end-user, the energy-based aesthetic devices market is classified into hospitals, home-use, and dermatology and cosmetic clinics. Out of these, the dermatology and cosmetic clinics is presently generating the highest revenue in the market. This is because a majority of the energy-based skin treatment procedures are performed in the dermatology and cosmetic clinics rather than in hospitals, which are usually more inclined toward the treatment of a wide range of diseases and medical conditions.
In the near future, the North American energy-based aesthetic devices market is predicted to be most lucrative one across the world. This would be a result of the existence of several well-established energy-based aesthetic devices producing companies and the mushrooming usage of these devices in the region. The U.S. is predicted to exhibit the highest growth in the North American market in the future, owing to the rising availability of non-invasive and technologically advanced energy-based aesthetic devices in the country.
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.
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