Global Energy-based Non-invasive Medical Aesthetic Treatment System Market 2018-2022
About Energy-based Non-invasive Medical Aesthetic Treatment System
Energy-based non-invasive medical aesthetic treatment systems use sources of energy such as laser, ultrasound, and radio frequency (RF) to treat physical conditions.
Technavio’s analysts forecast the global energy-based non-invasive medical aesthetic treatment system market to grow at a CAGR of 8.94% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global energy-based non-invasive medical aesthetic treatment system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Energy-based Non-invasive Medical Aesthetic Treatment System Market 2018-2022
Technavio recognizes the following companies as the key players in the global energy-based non-invasive medical aesthetic treatment system market: Cutera, El.En., Hologic, Lumenis, and Syneron Medical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is availability of advanced devices. Vendors are focusing on R&D to introduce advanced energy-based non-invasive medical aesthetic treatment systems. Due to the entry of several vendors, competition is intensifying, and the profit margins of vendors are decreasing.”
According to the report, one driver in the market is growing awareness. Several vendors are entering the market to cater to the increasing demand for non-invasive body contouring. US is witnessing an increasing number of cosmetic surgeries, driving the vendors to conduct more promotional events to advertise their products to increase awareness about such innovative treatments.
Further, the report states that one challenge in the market is high cost of treatments. The cost of energy-based non-invasive medical aesthetic treatments is high. For instance, in the US, the average cost of skin rejuvenation in 2017 was estimated to be around $2,500 per session.
Cutera, El.En., Hologic, Lumenis, and Syneron Medical.
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