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Report
Radiofrequency Based Aesthetic Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 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), By Region and Competition
Market Report I 2022-12-01 I 113 Pages I TechSci Research
The 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.
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.
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.
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.
Market Segmentation
The 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.
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.
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).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Radiofrequency-Based Aesthetic Devices Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Opportunity Assessment, Radiofrequency Generators/Systems, Electrodes, Applicators, Others)
5.2.2. By Modality (Portable Devices, Non-Portable Devices)
5.2.3. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
5.2.4. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
5.2.5. By End User (Beauty Clinics, Homecare Settings, Others)
5.2.6. By Sales Channel (Distributor, Retail, E-Commerce)
5.2.7. By Region
5.2.8. By Company (2022)
5.3. Market Map
5.3.1. By Product Type
5.3.2. By Modality
5.3.3. By Application
5.3.4. By Technology
5.3.5. By End User
5.3.6. By Sales Channel
5.3.7. By Region
6. North America Radiofrequency-Based Aesthetic Devices Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Modality (Portable Devices, Non-Portable Devices)
6.2.2. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
6.2.3. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
6.2.4. By End User (Beauty Clinics, Homecare Settings, Others)
6.2.5. By Sales Channel (Distributor, Retail, E-Commerce)
6.2.6. By Country
6.3. North America: Country Analysis
6.3.1. United States Radiofrequency-Based Aesthetic Devices Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Modality
6.3.1.2.2. By Application
6.3.1.2.3. Technology
6.3.1.2.4. End User
6.3.1.2.5. Sales Channel
6.3.2. Canada Radiofrequency-Based Aesthetic Devices Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Modality
6.3.2.2.2. By Application
6.3.2.2.3. Technology
6.3.2.2.4. End User
6.3.2.2.5. Sales Channel
6.3.3. Mexico Radiofrequency-Based Aesthetic Devices Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Modality
6.3.3.2.2. By Application
6.3.3.2.3. Technology
6.3.3.2.4. End User
6.3.3.2.5. Sales Channel
7. Europe Radiofrequency-Based Aesthetic Devices Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Modality (Portable Devices, Non-Portable Devices)
7.2.2. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
7.2.3. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
7.2.4. By End User (Beauty Clinics, Homecare Settings, Others)
7.2.5. By Sales Channel (Distributor, Retail, E-Commerce)
7.2.6. By Country
7.3. Europe: Country Analysis
7.3.1. France Radiofrequency-Based Aesthetic Devices Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Modality
7.3.1.2.2. By Application
7.3.1.2.3. Technology
7.3.1.2.4. End User
7.3.1.2.5. Sales Channel
7.3.2. Germany Radiofrequency-Based Aesthetic Devices Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Modality
7.3.2.2.2. By Application
7.3.2.2.3. Technology
7.3.2.2.4. End User
7.3.2.2.5. Sales Channel
7.3.3. United Kingdom Radiofrequency-Based Aesthetic Devices Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Modality
7.3.3.2.2. By Application
7.3.3.2.3. Technology
7.3.3.2.4. End User
7.3.3.2.5. Sales Channel
7.3.4. Italy Radiofrequency-Based Aesthetic Devices Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Modality
7.3.4.2.2. By Application
7.3.4.2.3. Technology
7.3.4.2.4. End User
7.3.4.2.5. Sales Channel
7.3.5. Spain Radiofrequency-Based Aesthetic Devices Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Modality
7.3.5.2.2. By Application
7.3.5.2.3. Technology
7.3.5.2.4. End User
7.3.5.2.5. Sales Channel
8. Asia-Pacific Radiofrequency-Based Aesthetic Devices Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Modality (Portable Devices, Non-Portable Devices)
8.2.2. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
8.2.3. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
8.2.4. By End User (Beauty Clinics, Homecare Settings, Others)
8.2.5. By Sales Channel (Distributor, Retail, E-Commerce)
8.2.6. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Radiofrequency-Based Aesthetic Devices Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Modality
8.3.1.2.2. By Application
8.3.1.2.3. Technology
8.3.1.2.4. End User
8.3.1.2.5. Sales Channel
8.3.2. India Radiofrequency-Based Aesthetic Devices Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Modality
8.3.2.2.2. By Application
8.3.2.2.3. Technology
8.3.2.2.4. End User
8.3.2.2.5. Sales Channel
8.3.3. Japan Radiofrequency-Based Aesthetic Devices Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Modality
8.3.3.2.2. By Application
8.3.3.2.3. Technology
8.3.3.2.4. End User
8.3.3.2.5. Sales Channel
8.3.4. South Korea Radiofrequency-Based Aesthetic Devices Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Modality
8.3.4.2.2. By Application
8.3.4.2.3. Technology
8.3.4.2.4. End User
8.3.4.2.5. Sales Channel
8.3.5. Australia Radiofrequency-Based Aesthetic Devices Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Modality
8.3.5.2.2. By Application
8.3.5.2.3. Technology
8.3.5.2.4. End User
8.3.5.2.5. Sales Channel
9. South America Radiofrequency-Based Aesthetic Devices Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Modality (Portable Devices, Non-Portable Devices)
9.2.2. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
9.2.3. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
9.2.4. By End User (Beauty Clinics, Homecare Settings, Others)
9.2.5. By Sales Channel (Distributor, Retail, E-Commerce)
9.2.6. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Radiofrequency-Based Aesthetic Devices Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Modality
9.3.1.2.2. By Application
9.3.1.2.3. Technology
9.3.1.2.4. End User
9.3.1.2.5. Sales Channel
9.3.2. Argentina Radiofrequency-Based Aesthetic Devices Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Modality
9.3.2.2.2. By Application
9.3.2.2.3. Technology
9.3.2.2.4. End User
9.3.2.2.5. Sales Channel
9.3.3. Colombia Radiofrequency-Based Aesthetic Devices Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Modality
9.3.3.2.2. By Application
9.3.3.2.3. Technology
9.3.3.2.4. End User
9.3.3.2.5. Sales Channel
10. Middle East and Africa Radiofrequency-Based Aesthetic Devices Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Modality (Portable Devices, Non-Portable Devices)
10.2.2. By Application (Skin Tightening, Body Shaping, Fat Reduction, Others)
10.2.3. By Technology (Monopolar RF, Bipolar RF, Multipolar RF, Fractional RF, Others)
10.2.4. By End User (Beauty Clinics, Homecare Settings, Others)
10.2.5. By Sales Channel (Distributor, Retail, E-Commerce)
10.2.6. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Radiofrequency-Based Aesthetic Devices Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Modality
10.3.1.2.2. By Application
10.3.1.2.3. Technology
10.3.1.2.4. End User
10.3.1.2.5. Sales Channel
10.3.2. Saudi Arabia Radiofrequency-Based Aesthetic Devices Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Modality
10.3.2.2.2. By Application
10.3.2.2.3. Technology
10.3.2.2.4. End User
10.3.2.2.5. Sales Channel
10.3.3. UAE Radiofrequency-Based Aesthetic Devices Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Modality
10.3.3.2.2. By Application
10.3.3.2.3. Technology
10.3.3.2.4. End User
10.3.3.2.5. Sales Channel
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Developments
12.2. Mergers & Acquisitions
12.3. Product Launches
13. Global Radiofrequency Based Aesthetic Devices Market: SWOT Analysis
14. Porters Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (As Reported)
15.5. Key Personnel
15.6. SWOT Analysis
15.6.1. Alma Lasers Ltd.
15.6.2. Beco Medical Group.
15.6.3. Cymedics GmbH & Co. KG.
15.6.4. Cynosure, Inc.
15.6.5. EndyMed Ltd.
15.6.6. Ibramed.
15.6.7. INDIBA S.A.
15.6.8. Inmode Ltd.
15.6.9. Lumenis Ltd.
15.6.10. Lutronic Corp.
16. Strategic Recommendations
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