North America Aesthetic Devices MarketNorth America Aesthetic Devices Market Soars to USD Billion , witnessing a CAGR of 21.2 during the forecast period 2024-2032
North America Aesthetic Devices Market by Product (Energy-based Devices, Non-energy-based Devices, Other Devices), by Application (Skin Resurfacing, Tightening, Body Contouring, Cellulite Reduction, Hair, Tattoo Removal, Breast Augmentation, Others), by End-User (Hospitals, Specialty Clinics, Others), Forecast 2024-2032
Base Year: 2023
120 Pages
North America Aesthetic Devices Market Soars to USD Billion , witnessing a CAGR of 21.2 during the forecast period 2024-2032
Key Insights
The North America Aesthetic Devices Marketsize was valued at USD 4.83 USD Billion in 2023 and is projected to reach USD 18.56 USD Billion by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Aesthetic devices are also known as cosmetic devices and are defined as tools and technologies that are efficient in improving looks and addressing other abnormalities of the skin and the whole body. These devices are highly versatile and span across various uses, such as skin tightening, fat identification, hair removal, and wrinkle treatment. Aesthetic devices, which can also be referred to as cosmetic devices, cannot be invasive or minimally invasive; they employ technologies such as lasers, radiofrequency, and ultrasound; and they can be modified to suit the necessary settings. One can hardly name a single disadvantage of using aesthetic devices, as there are a few benefits tied to them. They also prescribe the appropriate drugs that have fast action and few side effects, thereby fitting the many busy patients. Non-invasive remedies help to minimize the complications that come because of surgeries, including infections and lengthy recovery periods. An increase in demand for minimally invasive cosmetic surgeries, an upsurge in the incidence of congenital tooth and face deformities, advancements in cosmetic device technologies, and an increase in the number of surgeries are key factors driving the growth of the North America aesthetic devices market.
North America Aesthetic Devices Trends
- Shift towards non-invasive and minimally-invasive procedures
- Growing demand for body contouring and cellulite reduction treatments
- Increasing adoption of energy-based devices for skin resurfacing and tightening
- Rise of home-use aesthetic devices
- Surge in medical tourism for aesthetic procedures
Driving Forces: What's Propelling the North America Aesthetic Devices Market
- Increasing Prevalence of Aging Population: The aging population seeks aesthetic treatments to address age-related concerns, such as wrinkles, fine lines, and sagging skin.
- Growing Acceptance of Body Image Enhancement: Societal norms are shifting towards acceptance of body modifications, boosting the demand for cosmetic procedures such as breast augmentation, liposuction, and rhinoplasty.
- Technological Advancements: Innovations in devices, such as lasers, radiofrequency, and ultrasound, enhance treatment efficacy and safety, making them more accessible and appealing to patients.
- Increased Focus on Self-Care: Consumers are increasingly prioritizing their appearance and well-being, leading to a rise in demand for non-invasive aesthetic treatments like facials, microdermabrasion, and chemical peels.
Challenges and Restraints in North America Aesthetic Devices Market
- High Treatment Costs: Aesthetic procedures can be expensive, limiting accessibility for some patients, especially in the absence of insurance coverage.
- Safety Concerns: Patients may have concerns about the potential risks associated with aesthetic treatments, such as infection, scarring, and allergic reactions.
- Stringent Regulations: Regulatory agencies impose strict regulations on aesthetic devices to ensure patient safety and prevent misuse. This can increase market entry barriers and lead to delays in the introduction of new technologies.
- Lack of Trained Professionals: The shortage of qualified and experienced professionals in the field of aesthetic medicine can limit the availability of these services in certain areas.
Emerging Trends in North America Aesthetic Devices
- Personalized Treatments: Tailored treatment plans based on individual needs and preferences.
- Artificial Intelligence (AI): AI-driven devices and software enhance treatment planning, precision, and outcomes.
- Telemedicine: Virtual consultations and remote monitoring improve patient access to aesthetic services.
Growth Catalysts in North America Aesthetic Devices Industry
- Government Support: Government initiatives that promote research and innovation in aesthetic medicine create a conducive environment for industry growth.
- Rising Healthcare Expenditure: Increasing healthcare spending creates a favorable environment for aesthetic treatments as consumers prioritize their appearance and well-being.
- Expansion of Distribution Channels: Online platforms, e-commerce marketplaces, and medspas expand the reach of aesthetic devices, making them more accessible to consumers.
- Growing Popularity of Non-Invasive Treatments: The increased demand for non-invasive and minimally invasive aesthetic procedures provides growth opportunities for manufacturers and service providers.
Market Segmentation: North America Aesthetic Devices Analysis
Product:
- Energy-based Devices
- Non-energy-based Devices
- Other Devices
Application:
- Skin Resurfacing and Tightening
- Body Contouring and Cellulite Reduction
- Hair and Tattoo Removal
- Breast Augmentation
- Others
End-User:
- Hospitals
- Specialty Clinics
- Others
Leading Players in the North America Aesthetic Devices Market
- AbbVie Inc.
- Alma Lasers
- Cutera
- Merz Pharma
- Asclepion Laser Technologies GmbH
- Implantech
- Zimmer Biomet
- Apyx Medical
- Cynosure
- CANDELA CORPORATION
- BTL
- Solta Medical
- Viora
- Sientra, Inc.
- Aesthetic Management Partners
- Cartessa Aesthetics
Significant developments in North America Aesthetic Devices Sector
- Acquisitions and mergers among market players
- New product launches with advanced technologies
- Strategic partnerships to expand market reach
- FDA approvals of new aesthetic devices and applications
Comprehensive Coverage North America Aesthetic Devices Market Report
The report provides an in-depth analysis of the North America Aesthetic Devices market, including:
- Market size and growth projections
- Key market trends and drivers
- Challenges and restraints facing the market
- Emerging trends and growth catalysts
- Market segmentation by product, application, and end-user
- Profiles of leading market players
- Significant developments in the industry
Regional Insight
- United States
- Canada
- Mexico
DROCT
- SWOT Analysis
- Porter's Five Forces Analysis
- PEST Analysis
Pricing Analysis
- Historical and current pricing trends
- Cost analysis of various treatment modalities
- Impact of pricing on market dynamics
Import And Export Analysis
- Import and export volumes and values
- Trade agreements and tariffs
- Impact of global trade on the North America market
Segmentation
- Product-wise market segmentation
- Application-wise market segmentation
- End-user-wise market segmentation
Patent/Trademark Analysis
- Intellectual property landscape
- Key patent and trademark filings
- Impact of patents and trademarks on market competition
North America Aesthetic Devices Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 21.2% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Prevalence of Vitamin D Deficiency and Associated Diseases to Lead to Market Growth
- 3.3. Market Restrains
- 3.3.1. High Cost of Products Coupled with Risk of Potential Side Effects to Restrict Market Growth
- 3.4. Market Trends
- 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Aesthetic Devices Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. Energy-based Devices
- 5.1.2. Non-energy-based Devices
- 5.1.3. Other Devices
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Skin Resurfacing
- 5.2.2. Tightening
- 5.2.3. Body Contouring
- 5.2.4. Cellulite Reduction
- 5.2.5. Hair
- 5.2.6. Tattoo Removal
- 5.2.7. Breast Augmentation
- 5.2.8. Others
- 5.3. Market Analysis, Insights and Forecast - by End-User
- 5.3.1. Hospitals
- 5.3.2. Specialty Clinics
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. United States North America Aesthetic Devices Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Product
- 6.1.1 Energy-based Devices
- 6.1.2 Non-energy-based Devices
- 6.1.3 and Other Devices
- 6.2. Market Analysis, Insights and Forecast - By Application
- 6.2.1 Skin Resurfacing and Tightening
- 6.2.2 Body Contouring and Cellulite Reduction
- 6.2.3 Hair and Tattoo Removal
- 6.2.4 Breast Augmentation
- 6.2.5 and Others
- 6.3. Market Analysis, Insights and Forecast - By End-User
- 6.3.1 Hospitals
- 6.3.2 Specialty Clinics
- 6.3.3 and Others
- 7. Canada North America Aesthetic Devices Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Product
- 7.1.1 Energy-based Devices
- 7.1.2 Non-energy-based Devices
- 7.1.3 and Other Devices
- 7.2. Market Analysis, Insights and Forecast - By Application
- 7.2.1 Skin Resurfacing and Tightening
- 7.2.2 Body Contouring and Cellulite Reduction
- 7.2.3 Hair and Tattoo Removal
- 7.2.4 Breast Augmentation
- 7.2.5 and Others
- 7.3. Market Analysis, Insights and Forecast - By End-User
- 7.3.1 Hospitals
- 7.3.2 Specialty Clinics
- 7.3.3 and Others
- 8. Mexico North America Aesthetic Devices Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Product
- 8.1.1 Energy-based Devices
- 8.1.2 Non-energy-based Devices
- 8.1.3 and Other Devices
- 8.2. Market Analysis, Insights and Forecast - By Application
- 8.2.1 Skin Resurfacing and Tightening
- 8.2.2 Body Contouring and Cellulite Reduction
- 8.2.3 Hair and Tattoo Removal
- 8.2.4 Breast Augmentation
- 8.2.5 and Others
- 8.3. Market Analysis, Insights and Forecast - By End-User
- 8.3.1 Hospitals
- 8.3.2 Specialty Clinics
- 8.3.3 and Others
- 9. Competitive Analysis
- 9.1. Market Share Analysis 2023
- 9.2. Company Profiles
- 9.2.1 AbbVie Inc. (Illinois U.S.)
- 9.2.1.1. Overview
- 9.2.1.2. Products
- 9.2.1.3. SWOT Analysis
- 9.2.1.4. Recent Developments
- 9.2.1.5. Financials (Based on Availability)
- 9.2.2 Alma Lasers (Caesarea Israel)
- 9.2.2.1. Overview
- 9.2.2.2. Products
- 9.2.2.3. SWOT Analysis
- 9.2.2.4. Recent Developments
- 9.2.2.5. Financials (Based on Availability)
- 9.2.3 Cutera (California U.S.)
- 9.2.3.1. Overview
- 9.2.3.2. Products
- 9.2.3.3. SWOT Analysis
- 9.2.3.4. Recent Developments
- 9.2.3.5. Financials (Based on Availability)
- 9.2.4 Merz Pharma (Frankfurt Germany)
- 9.2.4.1. Overview
- 9.2.4.2. Products
- 9.2.4.3. SWOT Analysis
- 9.2.4.4. Recent Developments
- 9.2.4.5. Financials (Based on Availability)
- 9.2.5 Asclepion Laser Technologies GmbH (Thuringia Germany)
- 9.2.5.1. Overview
- 9.2.5.2. Products
- 9.2.5.3. SWOT Analysis
- 9.2.5.4. Recent Developments
- 9.2.5.5. Financials (Based on Availability)
- 9.2.6 Implantech (California U.S.)
- 9.2.6.1. Overview
- 9.2.6.2. Products
- 9.2.6.3. SWOT Analysis
- 9.2.6.4. Recent Developments
- 9.2.6.5. Financials (Based on Availability)
- 9.2.7 Zimmer Biomet (Warsaw U.S.)
- 9.2.7.1. Overview
- 9.2.7.2. Products
- 9.2.7.3. SWOT Analysis
- 9.2.7.4. Recent Developments
- 9.2.7.5. Financials (Based on Availability)
- 9.2.8 Apyx Medical (Florida U.S.)
- 9.2.8.1. Overview
- 9.2.8.2. Products
- 9.2.8.3. SWOT Analysis
- 9.2.8.4. Recent Developments
- 9.2.8.5. Financials (Based on Availability)
- 9.2.9 Cynosure (Westford U.S.)
- 9.2.9.1. Overview
- 9.2.9.2. Products
- 9.2.9.3. SWOT Analysis
- 9.2.9.4. Recent Developments
- 9.2.9.5. Financials (Based on Availability)
- 9.2.10 CANDELA CORPORATION (Wayland Massachusetts
- 9.2.10.1. Overview
- 9.2.10.2. Products
- 9.2.10.3. SWOT Analysis
- 9.2.10.4. Recent Developments
- 9.2.10.5. Financials (Based on Availability)
- 9.2.11 U.S.)
- 9.2.11.1. Overview
- 9.2.11.2. Products
- 9.2.11.3. SWOT Analysis
- 9.2.11.4. Recent Developments
- 9.2.11.5. Financials (Based on Availability)
- 9.2.12 BTL (Boston U.S.)
- 9.2.12.1. Overview
- 9.2.12.2. Products
- 9.2.12.3. SWOT Analysis
- 9.2.12.4. Recent Developments
- 9.2.12.5. Financials (Based on Availability)
- 9.2.13 Solta Medical (Bothell U.S.)
- 9.2.13.1. Overview
- 9.2.13.2. Products
- 9.2.13.3. SWOT Analysis
- 9.2.13.4. Recent Developments
- 9.2.13.5. Financials (Based on Availability)
- 9.2.14 Viora (New York U.S.)
- 9.2.14.1. Overview
- 9.2.14.2. Products
- 9.2.14.3. SWOT Analysis
- 9.2.14.4. Recent Developments
- 9.2.14.5. Financials (Based on Availability)
- 9.2.15 Sientra Inc. (California
- 9.2.15.1. Overview
- 9.2.15.2. Products
- 9.2.15.3. SWOT Analysis
- 9.2.15.4. Recent Developments
- 9.2.15.5. Financials (Based on Availability)
- 9.2.16 U.S.)
- 9.2.16.1. Overview
- 9.2.16.2. Products
- 9.2.16.3. SWOT Analysis
- 9.2.16.4. Recent Developments
- 9.2.16.5. Financials (Based on Availability)
- 9.2.17 Aesthetic Management Partners (Tennessee U.S.)
- 9.2.17.1. Overview
- 9.2.17.2. Products
- 9.2.17.3. SWOT Analysis
- 9.2.17.4. Recent Developments
- 9.2.17.5. Financials (Based on Availability)
- 9.2.18 Cartessa Aesthetics (New York U.S.)
- 9.2.18.1. Overview
- 9.2.18.2. Products
- 9.2.18.3. SWOT Analysis
- 9.2.18.4. Recent Developments
- 9.2.18.5. Financials (Based on Availability)
- 9.2.1 AbbVie Inc. (Illinois U.S.)
List of Figures
- Figure 1: North America Aesthetic Devices Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: North America Aesthetic Devices Market Value Share (%), by Product 2023 & 2031
- Figure 3: North America Aesthetic Devices Market Value Share (%), by Application 2023 & 2031
- Figure 4: North America Aesthetic Devices Market Value Share (%), by End-User 2023 & 2031
- Figure 5: North America Aesthetic Devices Market Share (%) by Company 2023
List of Tables
- Table 1: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Product 2018 & 2031
- Table 2: North America Aesthetic Devices Market Volume K Units Forecast, by Product 2018 & 2031
- Table 3: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 4: North America Aesthetic Devices Market Volume K Units Forecast, by Application 2018 & 2031
- Table 5: North America Aesthetic Devices Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 6: North America Aesthetic Devices Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 7: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 8: North America Aesthetic Devices Market Volume K Units Forecast, by Region 2018 & 2031
- Table 9: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Product 2018 & 2031
- Table 10: North America Aesthetic Devices Market Volume K Units Forecast, by Product 2018 & 2031
- Table 11: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 12: North America Aesthetic Devices Market Volume K Units Forecast, by Application 2018 & 2031
- Table 13: North America Aesthetic Devices Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 14: North America Aesthetic Devices Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 15: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 16: North America Aesthetic Devices Market Volume K Units Forecast, by Region 2018 & 2031
- Table 17: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Product 2018 & 2031
- Table 18: North America Aesthetic Devices Market Volume K Units Forecast, by Product 2018 & 2031
- Table 19: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 20: North America Aesthetic Devices Market Volume K Units Forecast, by Application 2018 & 2031
- Table 21: North America Aesthetic Devices Market Revenue USD Billion Forecast, by End-User 2018 & 2031
- Table 22: North America Aesthetic Devices Market Volume K Units Forecast, by End-User 2018 & 2031
- Table 23: North America Aesthetic Devices Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 24: North America Aesthetic Devices Market Volume K Units Forecast, by Country 2018 & 2031
- Table 25: United States North America Aesthetic Devices Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 26: United States North America Aesthetic Devices Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 27: Canada North America Aesthetic Devices Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 28: Canada North America Aesthetic Devices Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 29: Mexico North America Aesthetic Devices Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 30: Mexico North America Aesthetic Devices Market Volume (K Units) Forecast, by Application 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 21.2% from 2018-2032 |
| Segmentation |
|
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STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
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Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
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Secondary Research
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These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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