Covina, Oct. 02, 2023 (GLOBE NEWSWIRE) -- What is Energy-based Non-invasive Medical Aesthetic Treatment System?
Energy-based aesthetic medicine devices helps in utilizing various forms of energy such as radiofrequency, light, ultrasound and laser for addressing various cosmetic concerns and thus, provides, minimally or non-invasive treatments.
The increasing prevalence of skin cancer & other skin diseases, such as eczema & rosacea, and the growing adoption of cosmetic procedures are some key factors that contribute in the target market growth. Technological advancement and wide variety of benefits such as maintaining a youthful appearance, pain-free and non-invasive beauty treatments, maintenance-free skin that remains smooth and hairless without the need for shaving is further expected to provide lucrative opportunities in Energy-based Non-invasive Medical Aesthetic Treatment System market growth.
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Key Highlights:
- In December 2022, U.S. FDA (Food and Drug Administration) approved newly developed ‘SUPERB’ technology developed by Softwave Medical Ltd., for short-term improvement in cellulite appearance. The new approved technology provides non-invasive treatment with efficiency and easier to use.
What are the major factors driving the growth of this market?
- Increasing Demand for Aesthetic Procedures: There was a growing societal emphasis on appearance and self-esteem, driving the demand for non-invasive aesthetic treatments.
- Technological Advancements: Ongoing advancements in energy-based treatment systems, such as laser, radiofrequency, and ultrasound, have made these procedures more effective and safer, encouraging adoption.
- Minimal Downtime and Low Risk: Non-invasive procedures offer quicker recovery times and lower risk compared to surgical alternatives, making them appealing to patients.
- Aging Population: The global aging population created a substantial market for anti-aging and skin rejuvenation treatments, as individuals sought to maintain a youthful appearance.
- Consumer Awareness: Increased access to information through the internet and social media made consumers more aware of available aesthetic treatment options.
What are the potential challenges and barriers in the Energy-based Non-invasive Medical Aesthetic Treatment System Market, such as safety concerns, competition from invasive treatments, or economic factors?
The Energy-based Non-invasive Medical Aesthetic Treatment System Market faces several challenges and barriers that can impact its growth and adoption. Some of these challenges and barriers include:
- Safety Concerns:
- Safety is a paramount concern in the aesthetics industry. Any adverse events or complications associated with non-invasive treatments can lead to negative publicity and reduced consumer trust.
- Ensuring the proper training and certification of practitioners to minimize the risk of complications is crucial.
- Regulatory Approval:
- The approval process for new energy-based devices can be time-consuming and costly, delaying market entry for manufacturers.
- Stringent regulatory requirements vary by region and can pose challenges for market expansion.
- Competition from Invasive Treatments:
- Invasive treatments, such as surgical procedures, may offer more dramatic and long-lasting results, posing competition to non-invasive treatments.
- Non-invasive treatments must demonstrate their effectiveness to compete effectively.
Report Scope:
Attributes | Details |
Energy-based Non-invasive Medical Aesthetic Treatment System Market Projected Value (2022) | US$ 5.6Bn |
Energy-based Non-invasive Medical Aesthetic Treatment System Market Projected Value (2032) | US$ 15.2Bn |
Energy-based Non-invasive Medical Aesthetic Treatment System Market CAGR (2022 – 2032) | 10.6% |
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Analyst View:
The rising ageing population has been one of the factors driving the enormous expansion in the growth of industries. The superficial pursuit of the ideal figure that the media portrays is a big factor in the growth of Energy-based Non-invasive Medical Aesthetic Treatment System Market. The preoccupation with looking younger among people spurs numerous advancements in the aesthetics industry which in turn drives the Energy-based Non-invasive Medical Aesthetic Treatment System Market growth.
List of the prominent players in the Energy-based Non-invasive Medical Aesthetic Treatment System Market:
Bausch Health Companies Inc., Merz GmbH & Co. KGaA, Syneron Medical Ltd, Hologic Inc., Venus Concept Canada Corp., Lumenis Ltd., and Cutera Inc.
Conclusion:
The Energy-based Non-invasive Medical Aesthetic Treatment System market is witnessing substantial growth driven by increasing consumer demand for non-invasive cosmetic procedures and advancements in technology. Key players in the industry are developing innovative devices that offer effective and safe treatments, further expanding the market's potential. With a focus on aesthetics and minimal downtime, this market is poised for continued expansion, offering promising opportunities for both established and emerging companies in the medical aesthetics sector.
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