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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:
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Aesthetic Devices Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 17.7 billion in 2023, driven by the increasing emphasis on improving facial and physical features across the globe.
The market is anticipated to grow at a CAGR of 6.1% during the forecast period of 2024-2032, likely to reach a market value of USD 39.1 billion by 2032.
The market demand is driven by increasing incidence of geriatric population, increased expenditure in the research and development sector to offer innovative and advanced products for personalised solutions.
The rising prevalence for minimally advanced procedures is a major market trend. In March 2023, United States based Sentient, LLC, launched Sentient Sculpt™, their first non-invasive treatment for cellulite reduction which uses electromagnetic wave and microwave to offer treatment.
Based on product types, the market is divided into energy-based aesthetic device, non-energy-based aesthetic device, and implants, among others. Energy based devices are further divided into laser-based, radiofrequency (RF) based, light-based, and ultrasound. Non-energy-based devices constitute botulinum toxin, dermal fillers and aesthetic threads, chemical peels, microdermabrasion. Implants are further segmented into facial, and breast implants, among others.
Surgical and non-surgical are common procedures available in the market.
Common application areas include skin resurfacing and tightening, body contouring and cellulite reduction, hair removal, facial aesthetic procedures, and breast augmentation, among others.
Major end users include hospitals, clinics, surgical centers, and others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Alma Lasers Ltd., Merz Pharma GmbH & Co. KGaA, Lumenis Be Ltd., Hologic, Inc., Allergan plc, Dentsply Sirona Inc., Johnson & Johnson, Sientra Inc., Syneron Medical Ltd., Valeant Pharmaceuticals International, Inc. (Bausch Health), Zimmer Biomet Holdings, Inc., and Solta Medical.
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