1 Global Medical Aesthetics Device Market Insight Analysis
The global Medical Aesthetics Device market is valued at USD 5,054.99 million in 2024, with a CAGR of 9.38% from 2024 to 2033.
Medical aesthetics device refers to medical equipment that repairs and remodels the appearance of a person and the shape of various parts of the human body. Medical aesthetics device is used to treat imperfections related to the aesthetic appearance of a person, such as acting on the skin, achieving skin tightening (reduction of pores, full facelift), improvement of skin texture (dullness, roughness), treatment of acne, acne marks, acne Pit, remove stains, birthmarks, red blood, hair removal, etc.
Figure Global Medical Aesthetics Device Market Size (M USD) and CAGR (2024-2033)
2 Medical Aesthetics Device Market Growth Drivers and Restraints
Consumer demand growth: With the development of society, consumers’ demand for medical beauty services has increased significantly. On the one hand, the “Internet celebrity culture” is prevalent, and many professions have higher requirements for the appearance of practitioners, prompting people to seek medical beauty methods to improve their appearance. For example, “Internet celebrities” and film and television stars frequently use medical beauty equipment to remove spots and wrinkles in order to improve their image;
in ordinary professions, positions such as sales and public relations also have medical beauty needs because of the convenience of work brought by a good image. On the other hand, the characteristics of medical beauty equipment are non-surgical, highly safe, and have a short recovery time, which dispels many consumers’ concerns about surgical risks, attracting more people to choose to use medical beauty equipment, and promoting the continuous expansion of the market.
Population aging and aesthetic awareness improvement: Global aging is intensifying, people’s pursuit of staying young and beautiful is becoming stronger, and aesthetic awareness is constantly improving. In order to delay aging and improve skin problems, the demand for medical beauty equipment among the elderly has gradually increased, becoming an important driving force for market growth.
Obesity problem drive: According to data from the World Health Organization, there are many obese people in the world, which brings opportunities to the medical beauty equipment market. Medical aesthetic devices are developing rapidly in the fields of non-invasive skin tightening and fat reduction, which can meet the needs of obese people to improve their body shape, thereby promoting market growth.
Emerging markets have great potential: Emerging countries such as China and India have a growing demand for medical aesthetic devices due to the rapid development of medical tourism, the increase in adult population, the increase in disposable income and the increase in awareness of aesthetic professions. At the same time, the presence of a large number of surgeons in these countries also provides support for the development of the medical aesthetic device market, becoming a new engine for the growth of the global medical aesthetic device market.
Long product launch cycle: The medical aesthetic device industry is technology-intensive, and it requires a lot of funds and strong technical support from research and development to listing, and the cycle is long. During this period, there are many uncertainties, such as risks such as research and development failures and changes in market demand, which limit the speed at which companies launch new products and affect the overall market growth.
Talent shortage: In developing countries, the medical aesthetic device industry has long faced a talent shortage problem. The lack of R&D talents has led to insufficient innovation capabilities, making it difficult to keep up with the pace of the international market, and lacking competitiveness in the field of high-end optoelectronic medical aesthetic devices. At the same time, there is also a large gap in doctors who can skillfully use high-end medical aesthetic devices. Some doctors go into work without formal training, which can easily damage equipment or even cause medical accidents, hindering the healthy development of the industry.
3 Technological Innovations in the Medical Aesthetics Device Market
Laser and energy technology innovation: Many medical beauty equipment companies focus on the research and development of laser and energy technologies and have launched a series of innovative products. Cynosure’s PICOSURE® PRO, as the world’s first 755nm picosecond laser, can release energy in a short time, accurately target pigmentation, wrinkles and other problems, reduce thermal damage and recovery time; Lumenis’s LightSheer® DUET™ uses a dual-technology handle to shorten hair removal treatment time and improve treatment efficiency. These innovative technologies have improved the treatment effect and safety of medical beauty equipment and met consumers’ demand for efficient and comfortable medical beauty services.
Multi-technology integration and development: In order to meet complex medical beauty needs, medical beauty equipment shows a trend of multi-technology integration. Alma Lasers’ products integrate laser, light-based, radio frequency and ultrasound technologies to develop a multi-functional treatment system that can provide comprehensive treatment solutions for different skin and body problems, providing more choices for doctors and patients and promoting industry technology upgrades.
Advances in visualization and precision treatment technology: Merz Aesthetic’s Ultherapy® is the only FDA-approved non-invasive skin lifting treatment device. Using micro-focused ultrasound and visualization technology, doctors can clearly observe the skin and subcutaneous tissue during treatment, achieve precision treatment, and improve treatment efficacy and safety. It represents an important breakthrough in visualization and precision treatment of medical aesthetic devices.
Mergers and acquisitions: Companies integrate resources and expand markets and technology through mergers and acquisitions. Syneron Medical merged with Candela in 2010. Candela is a leading medical aesthetic device company in the United States. The merger has enhanced Syneron Medical’s technical strength and can provide doctors with a wider range of energy-based solutions covering a variety of medical aesthetic application areas, which has enhanced the company’s competitiveness and market share in the global medical aesthetic device market.
Mergers and acquisitions help companies optimize resource allocation, achieve complementary advantages, accelerate technological innovation and product development, and better meet market demand. At the same time, it also promotes changes in industry concentration, has a profound impact on the market competition pattern, and prompts companies to continuously adjust their strategies to adapt to the new market environment.
4 Global Medical Aesthetics Device Market Size by Type
Laser skin resurfacing devices are designed to improve the appearance of the skin by reducing signs of aging, acne scars, and other imperfections. In 2024, the market value for laser skin resurfacing devices is projected to reach USD 3216.56 million. This segment holds the largest market share, accounting for approximately 63.63% of the total market value. The growth in this segment is driven by the increasing demand for non-invasive skin treatments and the continuous technological advancements in laser technology. These devices are widely used in both hospitals and clinics, contributing to their significant market presence.
Body contouring devices are used to reshape and contour the body by reducing fat deposits and improving overall body aesthetics. In 2024, the market value for body contouring devices is expected to be USD 1072.71 million, representing a market share of 21.22%. The growth in this segment is fueled by the rising awareness of body image and the increasing prevalence of obesity, which drives the demand for effective non-surgical body contouring solutions. These devices are particularly popular in clinics, where they are used for targeted fat reduction and body sculpting procedures.
Table Global Medical Aesthetics Device Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Laser Skin Resurfacing Devices | 3216.56 | 63.63% |
Body Contouring Devices | 1072.71 | 21.22% |
Others | 765.71 | 15.15% |
5 Global Medical Aesthetics Device Market Size by Application
Hospitals played a significant but relatively smaller role in the medical aesthetics device market in 2024. The revenue generated from the application of medical aesthetics devices in hospitals reached 1294.46 million US dollars. However, in terms of market share, hospitals accounted for 25.61%. This relatively lower share can be attributed to several factors. Hospitals usually focus more on critical medical treatments and surgeries, and the demand for aesthetic devices might not be as high as that in specialized clinics. Moreover, the procurement process in hospitals can be more complex and time – consuming, which may slow down the adoption of new aesthetic devices.
On the other hand, clinics were the dominant force in the medical aesthetics device market in 2024. The revenue from the application of medical aesthetics devices in clinics soared to 3760.52 million US dollars, which constituted a substantial 74.39% of the total market share. Clinics are more specialized in aesthetic treatments, and they are more agile in adopting new technologies and devices to meet the ever – changing demands of consumers. With the increasing popularity of non – surgical aesthetic procedures, clinics have become the preferred choice for a large number of patients seeking beauty enhancements. They often provide a more personalized and convenient service, which further boosts the demand for medical aesthetics devices in this application area.
Table Global Medical Aesthetics Device Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Hospitals | 1294.46 | 25.61% |
Clinics | 3760.52 | 74.39% |
6 Global Medical Aesthetics Device Market Size by Region
North America, led by the United States, is the largest market for medical aesthetics devices in 2024. The region is projected to have a market value of USD 1747.38 million, accounting for 34.57% of the global market. The United States alone is expected to contribute USD 1567.90 million, or 89.73% of the region’s total market value. This dominance is due to high consumer awareness, disposable incomes, and a well-developed healthcare infrastructure. The market in North America is driven by a strong demand for non-invasive cosmetic treatments, particularly in urban areas. The presence of key players and advanced technological innovations also contribute to the region’s significant market share.
Europe follows closely behind North America, with a market value of USD 1001.07 million in 2024, representing 19.80% of the global market. Germany is the largest contributor within the region, with a market value of USD 292.76 million, accounting for 29.24% of Europe’s total market. The United Kingdom and France also play significant roles, contributing USD 141.94 million (14.18%) and USD 151.93 million (15.18%), respectively. The European market is driven by a growing demand for aesthetic treatments, particularly in countries with high disposable incomes and advanced healthcare systems. The region’s market is also influenced by regulatory frameworks and consumer preferences for non-invasive treatments.
The Asia Pacific region is experiencing rapid growth, with a market value of USD 1493.57 million in 2024, representing 29.55% of the global market. China is the largest contributor, with a market value of USD 819.07 million, accounting for 54.84% of the region’s total market. Japan and South Korea follow closely, contributing USD 312.74 million (20.94%) and USD 120.09 million (8.04%), respectively. The growth in the Asia Pacific region is driven by increasing consumer awareness, rising disposable incomes, and the expansion of the medical tourism industry. Countries like India and Southeast Asia are also showing significant growth potential due to their large populations and increasing healthcare expenditure.
The Middle East and Africa region is a relatively smaller market, with a value of USD 187.92 million in 2024, representing 3.72% of the global market. Saudi Arabia is the largest contributor, with a market value of USD 37.96 million, accounting for 20.20% of the region’s total market. The United Arab Emirates and South Africa also play significant roles, contributing USD 21.48 million (11.43%) and USD 21.57 million (11.48%), respectively. The growth in this region is driven by increasing consumer awareness and the expansion of healthcare infrastructure. However, the market is still in its nascent stages compared to other regions.
South America has a market value of USD 625.05 million in 2024, representing 12.36% of the global market. Brazil is the largest contributor, with a market value of USD 418.71 million, accounting for 66.99% of the region’s total market. Argentina follows closely, contributing USD 101.13 million (16.18%). The growth in South America is driven by increasing consumer awareness and the expansion of the medical tourism industry. Countries like Brazil and Argentina are experiencing significant growth due to their large populations and increasing healthcare expenditure.
Figure Global Medical Aesthetics Device Market Size (M USD) by Region in 2024
7 Global Medical Aesthetics Device Market Analysis by Major Players
Cynosure
Company Profile: Cynosure, founded in 1991 and headquartered in the United States, is a leading provider of energy-based aesthetic and medical treatment systems. The company is known for its innovative products that address a wide range of aesthetic concerns, including hair removal, skin revitalization, and body contouring.
Business Overview: Cynosure operates globally, with a strong focus on developing and manufacturing advanced energy-based devices. The company’s innovative products are widely used by practitioners, physicians, and aesthetic business owners worldwide. Cynosure’s dedication to research and development ensures that it remains at the forefront of technological advancements in the medical aesthetics industry.
Product Offered: Cynosure offers a diverse range of products, including the PICOSURE® PRO, which is ideal for treating pigmentary conditions, skin revitalization, and tattoo removal. The PicoSure Pro delivers high energy in picoseconds, minimizing thermal damage while effectively targeting unwanted pigments and skin imperfections. In 2023, Cynosure’s total revenue reached USD 580.82 million, solidifying its position as a leader in the medical aesthetics device market.
Lumenis
Company Profile: Lumenis, founded in 1966 and headquartered in Israel, is a global leader in minimally-invasive clinical solutions for surgical, ophthalmology, and aesthetic markets. The company is renowned for its expertise in developing innovative energy-based technologies, including laser, intense pulsed light (IPL), and radio-frequency (RF) devices.
Business Overview: Lumenis operates globally, with a strong presence in both developed and emerging markets. The company’s products are used in a wide range of medical and aesthetic procedures, from ophthalmology to dermatology. Lumenis’s commitment to innovation and quality ensures that it remains a key player in the medical aesthetics device market.
Product Offered: Lumenis offers a variety of products, including the LightSheer® DUET™, which is designed for efficient and effective hair removal. The device’s advanced technology allows for quick treatments without the need for topical anesthetics or gels. In 2023, Lumenis’s total revenue reached USD 344.94 million, reflecting its strong market position and ongoing success.
Solta Medical
Company Profile: Solta Medical, founded in 1995 and headquartered in the United States, is a global leader in the medical aesthetics market. The company is a division of Bausch Health and offers advanced technology in simple, elegant designs that deliver proven aesthetic and therapeutic results.
Business Overview: Solta Medical operates globally, with a focus on developing innovative therapeutic technologies for aesthetic care. The company’s products are widely used by physicians and healthcare professionals to provide effective and safe treatments for a variety of skin and body concerns. Solta Medical’s commitment to innovation and quality ensures that it remains a key player in the medical aesthetics device market.
Product Offered: Solta Medical offers a range of products, including the Fraxel® DUAL 1550/1927 laser treatment, which targets aging and sun-damaged skin. The Fraxel® system uses microscopic laser columns to stimulate collagen growth, resulting in improved skin texture and reduced wrinkles. In 2023, Solta Medical’s total revenue reached USD 340.04 million, reflecting its strong market position and ongoing success.