Global Aesthetic Devices Market Report and Forecast 2024-2032

Global Aesthetic Devices Market Outlook

The global aesthetic devices market size was valued at USD 17.7 billion in 2023, driven by increasing emphasis on improving facial and physical features across the globe. The market is expected to grow at a CAGR of 6.1% during the forecast period of 2024-2032, with the values likely to rise from USD 19.4 billion in 2024 to USD 39.1 billion by 2032.

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Global Aesthetic Devices Market Overview

Aesthetic devices are used to enhance the outer appearance of an individual. They are used in numerous procedures including skin fat reduction, skin discolouration, and skin tightening, hair removal and acne treatment. The global survey released by ISAPS in September 2023 indicates that plastic surgeons reported an overall increase of 11.2%  in procedures with around 14.9 million surgical procedures and 18.8 non-surgical procedures.

Liposuction is one of the most commonly performed surgical procedures accounting for a 21.1% increase. Breast augmentation, eyelid surgery, abdominoplasty and breast lift are other common procedures while botulinum toxin, hyaluronic acid, hair removal, chemical peel are amongst the most popular non-surgical procedures. The growing incidence of cosmetic procedures is significantly boosting the aesthetic devices market demand.

The market is driven a growing awareness among people regarding personal appearance and appeal. A rise in the geriatric population across the world has also stimulated the increase in the market size. Additional factors, such as increased expenditure in the research and development sector to develop advanced products have also led to the market expansion.

Increased Application of Energy-Based Devices to Drive Aesthetic Devices Market Growth

In February 2023, Candela Corporation announced the Health Canada approval of Nordlys ™ multi-application platform along with Frax Pro® non-ablative fractional laser platform. Featuring Selective Waveband Technology (SWT®), the Nordlys platform offers targeted treatment while improving patient safety. Offering minimal heat to surrounding tissues, it also limits side effects like skin overheating, hypopigmentation, and scarring. Frax Pro® system constitutes both Frax 1550™ (1550 nm) and Frax 1940™ (1940 nm) non-ablative laser applicators. The applicators are designed to address specific needs. For instance, Frax 1550 treats acne scars, surgical scars and striae, while Frax 1940 treats coagulation of soft tissue, actinic keratosis and benign pigmented lesions.

The continuous improvements in design and functionality to offer high patient satisfaction and fewer risk of side effects is expected to boost aesthetic devices market share during the forecast period. Addressing multiple concerns at a single time, energy based aesthetic devices are gaining major popularity and preference amongst healthcare professionals and patients.

Rising prevalence for Minimally Invasive Technologies

With the benefits associated with non-invasive or minimally invasive techniques, the consumers have displayed increased inclination towards such procedures. Consequently, companies have launched multiple new devices to cater to the demands of patients. In March 2023, United States based Sentient ™, LLC announced their first non-invasive treatment for cellulite reduction called Sentient Sculpt™. Deploying electromagnetic wave and microwave treatment, the device showed consistent results for all skin types by regulating the energy and temperature levels reaching cellulite fibres and fat cells. It also helps in cooling the skin simultaneously. With the help of Sentient Sculpt technology, around 73% of the patients went from severe cellulite to mild, indicating its promising impact on helping patients.

Growing Prevalence Towards Personalized Solutions to Boost the Aesthetic Devices Market Size

To cater a wider section of the population, several companies have launched a range of personalised solutions. One such example is Opus, developed by Alma, a United Kingdom based company. Offering four different applicators, Opus Plasma, offers multiple treatments such as skin resurfacing, skin tightening, face contouring and treatment for scars and stretch marks as well. It features four tip variations and phase-shifting technology, making it effective to use across numerous body parts including face, neck, and décolleté.

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Global Aesthetic Devices Market Segmentation

Market Breakup by Product Type

• Energy-based Aesthetic Device
  • Laser-based Aesthetic Device
  • Radiofrequency (RF) Based Aesthetic Device
  • Light-based Aesthetic Device
  • Ultrasound Aesthetic Device

• Non-energy-based Aesthetic Device
  • Botulinum Toxin
  • Dermal Fillers and Aesthetic Threads
  • Chemical Peels
  • Microdermabrasion

• Implants
  • Facial Implants
  • Breast Implants
  • Other Implants

• Other Aesthetic Devices

Market Breakup by Procedure

• Surgical

• Non-Surgical

Market Breakup by Application

• Skin Resurfacing and Tightening

• Body Contouring and Cellulite Reduction

• Hair Removal

• Facial Aesthetic Procedures

• Breast Augmentation

• Other Applications

Market Breakup by End User

• Hospitals

• Clinics

• Surgical Centres

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Global Aesthetic Devices Market Regional Analysis

North America is expected to hold the largest aesthetic devices market share in the forecast period. The market size can be accredited to the population getting more concerned about personalised looks, fitness, and aesthetic appeal. In addition, the existence of prominent healthcare companies and a robust infrastructure that can accommodate latest technical advancements to provide an improved and personalised outcome to the consumers also aids the market value.

In Europe, a rise in the geriatric population has stimulated the increase in the market size. With increasing age, the skin starts loosening; hence, skin tightening devices are needed to rectify this problem. Consequently, innovative aesthetic devices have been brought to the market. HydraFacial UK, launched their new platform Syndeo, offering smart technology and efficient treatment delivery in improving the HydraFacialTM experience and improving the patient experience by providing customised solutions.

Global Aesthetic Devices Market: Competitor Landscape

In July 2023, Reveal Lasers LLC  underwent a merger with NEOconcepts LLC to acquire AgeJET Advanced Plasma Skin Therapy device. Well-established for non-invasive skin rejuvenation, the device uses plasma energy to address various skin concerns like wrinkles, pigmentation, and texture irregularities. The acquisition is aimed at expanding the company’s product portfolio and grow their presence in the plasma skin resurfacing domain. The market has been experiencing multiple mergers and acquisitions to meet the rising demands on a global scale.

The key features of the aesthetic devices market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Alma Lasers Ltd.

• Merz Pharma GmbH & Co. KGaA

• Lumenis Be Ltd

• Hologic, Inc.

• Solta Medical

• Allergan plc

• Dentsply Sirona Inc.

• Johnson & Johnson

• Sientra Inc.

• Syneron Medical Ltd.

• Valeant Pharmaceuticals International, Inc. (Bausch Health)

• Zimmer Biomet Holdings, Inc.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

Aesthetic Devices Market Report Snapshots

Aesthetic Devices Market Size

Aesthetic Devices Market Analysis

Aesthetic Devices Companies