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Global Radiofrequency Skin Rejuvenation Devices Market to reach USD 1343.82 million by the end of 2030.

Global Radiofrequency Skin Rejuvenation Devices Market Size Study & Forecast, by Application (Skin Tightening, Wrinkle Reduction, Scar Treatment, Others), by End-use (Medspa, Dermatology Clinics, Hospitals/Cosmetic Surgery Clinics, Others) and Regional Analysis, 2023-2030

Product Code: HLSMDE-86896621
Publish Date: 4-08-2023
Page: 200

Global Radiofrequency Skin Rejuvenation Devices Market is valued at approximately USD 664.6 million in 2022 and is anticipated to grow with a healthy growth rate of more than 9.2% over the forecast period 2023-2030. Radiofrequency skin rejuvenation devices are medical devices that utilize radiofrequency energy to improve the appearance and health of the skin. These devices work by delivering controlled heat energy into the deeper layers of the skin, restoring collagen production, and promoting tissue remodeling. The radiofrequency energy penetrates the skin without causing damage to the outer layer, allowing for non-invasive or minimally invasive treatments. Additionally, the growing emphasis on physical appearance among consumers has resulted in an upsurge in market demand. Furthermore, the rise in non-invasive procedures and the expanding geriatric population are also significant drivers for market growth.

The aesthetic industry is witnessing significant growth, with the widespread availability of treatments in various clinics, spas, and aesthetic centers. This accessibility makes it convenient for individuals to undergo aesthetic procedures, thereby boosting market demand for radiofrequency skin rejuvenation devices. According to a 2023 report by LivDerm, the global aesthetic medicine sector is projected to reach approximately USD 15.9 billion by 2025, exhibiting a compound annual growth rate of 10.9%. The market’s growth is propelled by the increasing adoption of minimally invasive and non-invasive procedures. The market growth is driven by key factors including the changing demand pattern for less painful treatments among the population and the continuous usage of radio frequency beauty equipment due to the advancements in healthcare technology. However, the high cost of Radiofrequency Skin Rejuvenation Devices and lack of adequate knowledge among healthcare professionals stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Radiofrequency Skin Rejuvenation Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of well-established cosmetic industry and emphasis on medical aesthetics contribute to the high demand for radiofrequency skin rejuvenation. Also, the market growth is driven by the region’s large population and increasing focus on skincare and aesthetics, leading to a rising preference for non-invasive or minimally invasive procedures. Also, Asia Pacific is expected to be fastest growing region during the forecast period, owing to the rising disposable income and increased awareness regarding radiofrequency skin rejuvenation in the region have fueled the demand for advanced cosmetic treatments, driven by the desire for youthful and radiant skin.

Major market players included in this report are:
Cynosure, Inc.
Lumenis Ltd.
Syneron Medical Ltd
Bausch Health Companies Inc.
Alma Lasers
Cymatics
IBRAMED
Guangzhou Beautylife Electronic Technology Co. Ltd.
SharpLight Technologies Ltd
Airsculpt Technologies, Inc.

Recent Developments in the Market:
Ø In August 2022, AirSculpt Technologies Inc. introduced its latest cellulite removal technology called AirSculpt Smooth, representing the company’s innovative next-generation solution.
Ø In May 2021, Lumenis established a collaboration with Harrods Wellness Clinic, leveraging their respective expertise to enhance the range of services and treatments offered to clients.
Ø In January 2020, Lumenis Ltd has recently unveiled its latest platform, known as LightSheer Quattro. This advanced system provides clinically proven laser hair removal treatments suitable for all skin types, as well as the treatment of vascular and pigmented lesions.

Global Radiofrequency Skin Rejuvenation Devices Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered -, Application, End-use, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Skin tightening
Wrinkle reduction
Scar treatment
Others

By End-use:
Medspa
Dermatology clinics
Hospitals / Cosmetic Surgery Clinics
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Radiofrequency Skin Rejuvenation Devices Market, by Region, 2020-2030 (USD Million)
1.2.2. Radiofrequency Skin Rejuvenation Devices Market, by Application, 2020-2030 (USD Million)
1.2.3. Radiofrequency Skin Rejuvenation Devices Market, by End-use, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Radiofrequency Skin Rejuvenation Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Radiofrequency Skin Rejuvenation Devices Market Dynamics
3.1. Radiofrequency Skin Rejuvenation Devices Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing non-invasive procedures
3.1.1.2. Growing emphasis on physical appearance among consumers
3.1.2. Market Challenges
3.1.2.1. High cost of radiofrequency skin rejuvenation devices
3.1.2.2. Lack of adequate knowledge among healthcare professionals
3.1.3. Market Opportunities
3.1.3.1. Advancements in healthcare technology
3.1.3.2. Changing demand pattern for less painful treatments among the population
Chapter 4. Global Radiofrequency Skin Rejuvenation Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Radiofrequency Skin Rejuvenation Devices Market, by Application
5.1. Market Snapshot
5.2. Global Radiofrequency Skin Rejuvenation Devices Market by Application, Performance – Potential Analysis
5.3. Global Radiofrequency Skin Rejuvenation Devices Market Estimates & Forecasts by Application 2020-2030 (USD Million)
5.4. Radiofrequency Skin Rejuvenation Devices Market, Sub Segment Analysis
5.4.1. Skin tightening
5.4.2. Wrinkle reduction
5.4.3. Scar treatment
5.4.4. Others
Chapter 6. Global Radiofrequency Skin Rejuvenation Devices Market, by End-use
6.1. Market Snapshot
6.2. Global Radiofrequency Skin Rejuvenation Devices Market by End-use, Performance – Potential Analysis
6.3. Global Radiofrequency Skin Rejuvenation Devices Market Estimates & Forecasts by End-use 2020-2030 (USD Million)
6.4. Radiofrequency Skin Rejuvenation Devices Market, Sub Segment Analysis
6.4.1. Medspa
6.4.2. Dermatology clinics
6.4.3. Hospitals / Cosmetic Surgery Clinics
6.4.4. Others
Chapter 7. Global Radiofrequency Skin Rejuvenation Devices Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Radiofrequency Skin Rejuvenation Devices Market, Regional Market Snapshot
7.4. North America Radiofrequency Skin Rejuvenation Devices Market
7.4.1. U.S. Radiofrequency Skin Rejuvenation Devices Market
7.4.1.1. Application breakdown estimates & forecasts, 2020-2030
7.4.1.2. End-use breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Radiofrequency Skin Rejuvenation Devices Market
7.5. Europe Radiofrequency Skin Rejuvenation Devices Market Snapshot
7.5.1. U.K. Radiofrequency Skin Rejuvenation Devices Market
7.5.2. Germany Radiofrequency Skin Rejuvenation Devices Market
7.5.3. France Radiofrequency Skin Rejuvenation Devices Market
7.5.4. Spain Radiofrequency Skin Rejuvenation Devices Market
7.5.5. Italy Radiofrequency Skin Rejuvenation Devices Market
7.5.6. Rest of Europe Radiofrequency Skin Rejuvenation Devices Market
7.6. Asia-Pacific Radiofrequency Skin Rejuvenation Devices Market Snapshot
7.6.1. China Radiofrequency Skin Rejuvenation Devices Market
7.6.2. India Radiofrequency Skin Rejuvenation Devices Market
7.6.3. Japan Radiofrequency Skin Rejuvenation Devices Market
7.6.4. Australia Radiofrequency Skin Rejuvenation Devices Market
7.6.5. South Korea Radiofrequency Skin Rejuvenation Devices Market
7.6.6. Rest of Asia Pacific Radiofrequency Skin Rejuvenation Devices Market
7.7. Latin America Radiofrequency Skin Rejuvenation Devices Market Snapshot
7.7.1. Brazil Radiofrequency Skin Rejuvenation Devices Market
7.7.2. Mexico Radiofrequency Skin Rejuvenation Devices Market
7.8. Middle East & Africa Radiofrequency Skin Rejuvenation Devices Market
7.8.1. Saudi Arabia Radiofrequency Skin Rejuvenation Devices Market
7.8.2. South Africa Radiofrequency Skin Rejuvenation Devices Market
7.8.3. Rest of Middle East & Africa Radiofrequency Skin Rejuvenation Devices Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Cynosure, Inc.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Lumenis Ltd.
8.3.3. Syneron Medical Ltd
8.3.4. Bausch Health Companies Inc.
8.3.5. Alma Lasers
8.3.6. Cymatics
8.3.7. IBRAMED
8.3.8. Guangzhou Beautylife Electronic Technology Co. Ltd.
8.3.9. SharpLight Technologies Ltd
8.3.10. Airsculpt Technologies, Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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