Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market Outlook Report

According to P&S Intelligence, the market was valued at $872.0 million in 2018, and it is expected to generate $1,612.2 million revenue by 2024.
 
AMERICAN CANYON, Calif. - Nov. 22, 2021 - PRLog -- A number of factors, such as the increasing inclination toward minimally invasive aesthetic treatments, expanding medical tourism industry, booming aging population, and surging public awareness about the safe use and benefits of advanced medical devices, are expected to drive the anti-aging and skin rejuvenation energy-based aesthetic devices market at a healthy CAGR, of 11.2%, during the forecast period (2019–2024).

One of the key growth drivers for the market is the booming aging population. Old age results in dryness, wrinkles, skin sagging, and pigmentary alteration, owing to the loss of fibrous tissues and reduced glandular and vascular networks in skin layers in aged people. The World Population Ageing 2020 report estimated that the population of individuals aged 65 years or above will rise from 727 million in 2020 to over 1.5 billion by 2050. Anti-aging devices help in minimizing the visual effects of skin aging by tightening and revitalizing the skin, thereby giving a younger look.

Other growth drivers of the anti-aging and skin rejuvenation energy-based aesthetic devices market are the ongoing technological advancements in the medical devices industry and the increasing availability of less expensive and easy-to-operate products. For instance, Supplement Bar Optimizer Voyage Tri-Light++ by Skin Inc. uses light-emitting diode (LED) technology to promote collagen production for an anti-aging effect and reduce acne problems. Similarly, ultrasound-based devices used for skin rejuvenation are also being used for removing dirt and impurities from the face.

Geographically, North America will account for the largest share in the anti-aging and skin rejuvenation energy-based aesthetic devices market in coming years, due to the presence of prominent industry players and the extensive consumer awareness regarding safe use and benefits of energy-based aesthetic devices, in the region. Non-invasive energy-based treatments for skin rejuvenation, skin tightening, face contouring, and wrinkle reduction have a high demand in North America. Moreover, the surging incidence of photo rejuvenation procedures in the U.S. also catalyzes the regional market growth.

Browse In-depth Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market Companies' Strategic Developments (https://www.psmarketresearch.com/market-analysis/anti-agi...)

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