Global Radio Frequency-Based
Aesthetic Devices market is anticipated to witness impressive growth during the
forecast period. This can be ascribed to the growing demand for tightening skin
and contouring the body by heating and destroying fat cells to maintain a
healthy lifestyle in developing countries. Additionally, growing initiatives
and investment by government organizations for developing new devices and the
introduction of new radio frequency-based aesthetic devices have significantly
increased the demand for radiofrequency based aesthetic devices across
different parts of the globe. Additionally, factors like rising adoption of new
technology and growing demand for personalized treatment for curing diseases,
are further expected to increase the demand for the radiofrequency-based
aesthetic device, thereby fuelling the market growth through 2028. Furthermore,
increasing number of biopharmaceutical companies and growing expenditure on
research and development is further expected to increase the demand for
radiofrequency-based aesthetic devices, thereby supporting market growth.
Radiofrequency based aesthetic devices work by delivering controlled heat
energy to the skin. This energy heats up the deeper layers of the skin, which
stimulates the production of collagen and elastin fibers. Collagen and elastin
are proteins that are essential for healthy, youthful looking skin. As we age,
our bodies produce less collagen and elastin, which can lead to sagging skin,
wrinkles, and other signs of aging. One of the main benefits of radiofrequency
based aesthetic devices is that they are non-invasive, meaning that they do not
require incisions or anesthesia. This makes them a safer and less risky
alternative to surgical procedures. Radiofrequency based aesthetic devices also
have minimal downtime, which means that patients can resume their normal
activities shortly after treatment. One of the major challenges facing the
radiofrequency based aesthetic devices market is the high cost of the devices.
These devices are typically expensive, which can limit their accessibility for
some patients. The high cost of the devices may also limit the growth of the
market in emerging economies, where affordability is a major concern. The
market for radiofrequency based aesthetic devices is highly competitive, with
many players vying for market share. This can lead to pricing pressure and
lower profit margins, as companies try to undercut each other to win business.
While radiofrequency based aesthetic devices are generally safe when used
properly, there are some potential risks associated with their use. For
example, if the heat energy is not properly controlled, it can lead to burns or
other skin damage. As a result, there is a need for proper training and
certification for practitioners who use these devices. Another challenge facing
the market is the regulatory environment. Different countries have different
regulations governing the use of radiofrequency based aesthetic devices, which
can create barriers to entry for some companies. Compliance with regulations
can also be costly and time-consuming. While radiofrequency based aesthetic
devices can provide significant improvements in the appearance of the skin,
their efficacy is limited. They may not be able to provide the same dramatic
results as surgical procedures, which could limit their appeal for some
patients.
Increasing demand for Minimally
Invasive Procedures
The growing preference for
minimally invasive procedures and treatments, along with technological
advancements in radiofrequency-based devices is expected to create lucrative
growth during the forecast period. Similarly, favourable reimbursement
procedures for avail the treatment of chronic diseases like skin cancer is also
fuel the market growth during the forecast period. At present, the most
significant scientific advances that have been made in the medical field,
especially in surgery cases, is the development of minimally invasive
procedures.
However, the continued efforts
to attain the required surgical output with minimal problems, recuperation
time, and hospital hospitalizations can hamper the growth of the market.
Radiofrequency-based aesthetic devices are basically used for minimally
invasive treatments such as RF micro-needling, which is used to rejuvenate the
formation of a skin. Additionally,, advancements in radiofrequency-based
aesthetic devices with additional feature mixtures of multiple technologies and
these technological advancements make significant market players develop
products to serve radiofrequency ablation and aesthetic procedures which will
enhance the demand for radiofrequency-based aesthetic devices. Above mentioned
factors are expected to create lucrative growth during the forecast period. The
global population is aging, and as people get older, they tend to experience
more cosmetic concerns such as sagging skin and wrinkles. This demographic
trend is expected to drive demand for radiofrequency based aesthetic devices in
the coming years. The increasing awareness and acceptance of cosmetic procedures
is another important driver of the radiofrequency based aesthetic devices
market. As more people become aware of the benefits of cosmetic treatments,
they are more likely to consider them as a way to enhance their appearance and
boost their self-confidence. As disposable income levels rise in many parts of
the world, more people are able to afford cosmetic treatments such as
radiofrequency based aesthetic devices. This is expected to contribute to the
growth of the market, particularly in emerging economies where the middle class
is growing rapidly.
Growing Advancements in
Aesthetic Device
Radiofrequency micro-needling is
a non-surgical cosmetic procedure that helps restore skin's youthful appearance
and can be performed with the assistance of aesthetic equipment powered by
radiofrequency. The procedure helps restore the skin's natural ability to
produce collagen, responsible for the skin's youthful appearance. In addition,
the most recent developments in radiofrequency-based aesthetic devices,
incorporate the use of a variety of different technologies in diverse
combinations. Due to these technological advancements, popular market players
are under increasing pressure to develop new products for radiofrequency
ablation and cosmetic procedures. Another important driver of the market is the
continued technological advancements in radiofrequency based aesthetic devices.
Manufacturers are developing new and more advanced devices that are able to
deliver more precise and controlled heat energy to the treatment area. These
advancements have improved the efficacy and safety of the devices, making them
more appealing to patients. As the popularity of radiofrequency based aesthetic
devices has grown, there has been an increased focus on safety and efficacy.
This has led to the development of stricter regulatory guidelines and the
introduction of more rigorous testing protocols. Companies are also investing
in research and development to ensure that their devices are safe and
effective. The global radiofrequency based aesthetic devices market is also
seeing increased demand in emerging markets, such as Asia and Latin America.
This is due to the growing middle class in these regions, as well as the
increasing popularity of non-invasive cosmetic procedures. Companies are expanding
their operations in these markets and introducing products tailored to local
preferences and needs. The radiofrequency based aesthetic devices market has
seen increased consolidation in recent years, with larger companies acquiring
smaller ones to expand their product portfolios and reach. This consolidation
is expected to continue as companies look for ways to stay competitive and
expand their global footprint. Some companies are also exploring the use of
artificial intelligence and machine learning in radiofrequency based aesthetic
devices. These technologies can help to improve the accuracy and precision of
treatments and can lead to better outcomes for patients.
Growing Awareness about
Radiofrequency Based Aesthetic Treatment
Increasing awareness on
aesthetic treatments is expected to create lucrative growth during the forecast
period. Skin rejuvenation is a type of treatment technique used to repair skin
damage caused by aging, sun exposure, medical conditions, etc. Increasing
concern about improving skin appearance and the signs and symptoms of early
aging have resulted in increased awareness for aesthetic treatment of skin
rejuvenation. The radiofrequency facelift may be a good option for people in
their twenties who are considering anti-aging & maintenance procedures.
Hence, the rise in concern over physical appearance, along with innovation in
skin care products, would escalate the growth of the radiofrequency-based
aesthetic devices market during the forecast period.
Furthermore, increasing the
requirement for the radiofrequency device will surge with its increasing
adoption by aesthetic clinics to treat skin diseases like acne, Vitiligo, etc.
The growing usage of radiofrequency-based devices in aesthetic treatment to
limit aging, pigmentation, etc., has been a major trend in the market, hence
encouraging the demand for radiofrequency-based aesthetic devices in the
forthcoming years.
Recent Development
- Medical aesthetic company Novus Medical
introduced the Sylfirm X device to its portfolio in 2022. According to the
company, the device is a radiofrequency micro-needling treatment designed
to treat both the face and body with a focus on conditions such as
melasma, extreme blushing, vascular lesions and rosacea, as well as fine
lines, dull skin, acne scars, and large pores.
- The Venus Vivaâ„¢ is a fractional
radiofrequency device that was launched in 2019 by Venus Concept. It uses
a combination of NanoFractional Radio Frequencyâ„¢ and SmartScanâ„¢ technology
to deliver targeted energy to the skin, promoting collagen synthesis and
improving the appearance of wrinkles, fine lines, and acne scars.
- The Thermage FLX® is a non-invasive
radiofrequency device launched by Solta Medical in 2018. It uses Comfort
Pulse Technologyâ„¢ to deliver radiofrequency energy to the skin, which
stimulates collagen production and tightens and contours the skin. The
device has received FDA clearance for treating wrinkles and skin laxity in
various areas of the body, including the face, neck, and arms.
- The Morpheus8â„¢ is a fractional radiofrequency
device launched by InMode in 2018. It combines microneedling and
radiofrequency technology to deliver energy to the deep layers of the
skin, promoting collagen synthesis and improving the appearance of
wrinkles, fine lines, and acne scars. The device has received FDA
clearance for use on the face and body.
Download Free Sample Report
Market Segmentation
Global radiofrequency-based
aesthetic device market can be segmented by product type, modality,
application, technology, end user, sales channel, and by region. Based on product
type, the market can be segmented into Opportunity Assessment, Radiofrequency
Generators/Systems, Electrodes, Applicators, and Others. Based on Modality, the
market can be divided into Portable Devices and Non-Portable Devices. Based on
application, the market can be segmented into Skin Tightening, Body Shaping,
Fat Reduction, and Others. Based on Technology, the market can be segmented
into Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, and Others. Based
on End users, the market can be differentiated into Beauty Clinics, Homecare
Settings, and Others. Based on the Sales channel, the market can be segmented
into Distributor, Retail, and E-Commerce. Regionally, North America dominated
the market among Asia Pacific, Europe, Middle East & Africa, and South
America. Among the different countries, the United States dominated the global
radiofrequency-based aesthetic devices market on account of the adoption of
minimally invasive surgeries in the country.
Market Players
Alma Lasers Ltd., Beco Medical
Group., Cymedics GmbH & Co. KG., Cynosure, Inc., EndyMed Ltd., Ibramed.,
INDIBA S.A., Inmode Ltd., Lumenis Ltd., Lutronic Corp. are some of the leading
players operating in the Global Radiofrequency Based Aesthetic Device Market.
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
·
By Product Type
·
By Modality
·
By Application
·
By Technology
·
By Application
·
By End User
·
By Sales Channel
·
By Region
|
Regional
scope
|
North
America; Europe; Asia Pacific; South America; Middle East & Africa
|
Country
scope
|
United States; Canada; Mexico; France; Germany; United
Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina;
Colombia; South Africa; Saudi Arabia; UAE
|
Key
companies profiled
|
Alma Lasers
Ltd., Beco Medical Group., Cymedics GmbH & Co. KG., Cynosure, Inc.,
EndyMed Ltd., Ibramed., INDIBA S.A., Inmode Ltd., Lumenis Ltd., Lutronic
Corp.
|
Customization
scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|
Report Scope:
In this report, the global
radiofrequency-based aesthetic devices market has been segmented into the
following categories, in addition to the industry trends which have also been
detailed below:
·
Radiofrequency Based Aesthetic
Devices Market, By Product Type:
o Opportunity
Assessment
o Radiofrequency
Generators/Systems
o Electrodes
o Applicators
o Others
·
Radiofrequency Based Aesthetic
Devices Market, By Modality:
o
Portable Devices
o
Non-Portable Devices
·
Radiofrequency Based Aesthetic
Devices Market, By Application:
o
Skin Tightening
o
Body Shaping
o
Fat Reduction
o
Others
·
Radiofrequency Based Aesthetic
Devices Market, By Technology:
o
Monopolar RF
o
Bipolar RF
o
Multipolar RF
o
Fractional RF
o
Others
·
Radiofrequency Based Aesthetic Devices Market,
By End User:
o
Beauty Clinics
o
Homecare Settings
o
Others
·
Radiofrequency Based Aesthetic Devices Market,
By Sales Channel:
o
Distributor
o
Retail
o
E-Commerce
·
Radiofrequency Based Aesthetic
Devices Market, By Region:
o
North America
§ United
States
§ Canada
§ Mexico
o
Europe
§ France
§ Germany
§ United
Kingdom
§ Italy
§ Spain
o
Asia Pacific
§ China
§ India
§ Japan
§ South
Korea
§ Australia
o
South America
§ Brazil
§ Argentina
§ Colombia
o
Middle East & Africa
§ South
Africa
§ Saudi
Arabia
§ UAE
Competitive Landscape
Company Profiles: Detailed
analysis of the major companies present in the Global Radiofrequency Based
Aesthetic Devices Market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Global Radiofrequency Based
Aesthetic Devices Market is an upcoming report to be released soon.
If you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]