Aesthetic Devices Market

• Growing geriatric population and technological advancements is driving the market growth

Market CAGR for aesthetic devices is being driven by the rising geriatric population and technological advancements. The aging population plays aan important role in increasing the demand for anti-aging, energy-based aesthetic devices. Old age is related to the loss of fibrous tissue and minimized vascular and glandular networks in the skin layers, which combined lead to wrinkles, pigmentary alteration, dryness, and skin sagging. 

The application of knowledge aesthetics that delay the physical and mental deterioration related to senescence to the absolute end of life has been reported to attract interest in aesthetic devices among the geriatric population.

The surging facial aging in the skin or within underlying fat and connective tissue, lipodystrophy of the neck, dermal elastosis of the skin, and laxity of the facial ligaments all lead to the stigmata of aging face care and concern to the appearances that have a forward way towards the use of minimally invasive processes. 

The increasing demand for non-invasive energy-based treatments for wrinkle reduction, skin tightening, face contouring, and skin rejuvenation are the reasons responsible for surging utilization among the geriatric population. Anti-aging devices help minimize the visual effects of the skin aging by revitalizing and tightening the skin, giving it a younger look. 

These are being increasingly used by the elderly. Thus, the surging rate of the geriatric population is foreseen to boost the surge of Aesthetic Devices Market growth.

The contribution of technological advancements in healthcare and clinical services is being taken out and made more accessible. Advanced innovative technologies have enhanced aesthetic treatment for skin and other body parts wherever necessary. Increasing interest has been shown to be laser and light-based. 

CO2 and erbium YAG laser systems have known to be of great advantage over conventional techniques for skin rejuvenation therapies through resurfacing techniques and other ablative energy-based devices. 

Ablative therapies are more conventional when compared to non-ablative and fractional technologies, which are related to less recovery time and more complication rates. Moreover, new treatments have also appeared for lipolysis, acne vulgaris, and cellulite, inclusive of innovative devices that offers combinations of ablative and fractional technologies, showing significant results. 

New light, lasers, and other energy device treatment procedures offered with patient safety and treatment efficacy are allowed for the treatment planning and precise assessment of targeted ablating zones. Thus, it signifies that technological advancement in aesthetic devices is expected to drive the growth of the Aesthetic Devices Market. Thus driving the Aesthetic Devices market revenue.

The Global Aesthetic Devices Market Industry is poised for substantial growth in the coming years. With a projected market size of 15.8 USD Billion in 2024, the industry is expected to expand significantly, reaching 33.2 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate of 7.0% from 2025 to 2035. Factors contributing to this growth include technological advancements, increasing consumer awareness, and the rising demand for non-invasive procedures. As the market evolves, it is likely to attract investments and innovations, further enhancing the landscape of aesthetic devices and treatments.

The Global Aesthetic Devices Market Industry is significantly influenced by the growing geriatric population. As individuals age, there is an increasing desire to maintain a youthful appearance, leading to a higher demand for aesthetic treatments. Older adults are increasingly opting for non-invasive procedures to address age-related concerns, such as wrinkles and sagging skin. This demographic shift is expected to drive market growth, as the number of individuals aged 65 and older continues to rise globally. The market's expansion is further supported by advancements in aesthetic devices that cater specifically to the needs of older patients, enhancing their overall experience and satisfaction.

The Global Aesthetic Devices Market Industry benefits from the expansion of aesthetic clinics and spas worldwide. As more facilities offer aesthetic treatments, accessibility increases for consumers seeking these services. This proliferation of clinics not only provides a wider range of options for patients but also fosters competition, leading to improved service quality and pricing. The growth of aesthetic clinics is particularly pronounced in urban areas, where demand for aesthetic procedures is high. This trend is likely to contribute to the market's projected growth, with an anticipated increase in market size to 33.2 USD Billion by 2035, driven by the rising number of establishments offering aesthetic services.

The Global Aesthetic Devices Market Industry experiences a notable surge in demand for non-invasive aesthetic procedures. This trend is driven by an increasing preference among consumers for treatments that offer minimal downtime and reduced risk compared to surgical options. Non-invasive devices, such as laser treatments and injectables, are gaining traction due to their effectiveness and convenience. As of 2024, the market is projected to reach 15.8 USD Billion, reflecting a growing acceptance of these technologies. The shift towards non-invasive solutions is likely to continue, as consumers seek quick and effective results without the need for extensive recovery periods.

The Global Aesthetic Devices Market Industry is witnessing a rise in awareness regarding aesthetic procedures among consumers. Educational campaigns and social media influence contribute to a greater understanding of available treatments and their benefits. This heightened awareness encourages individuals to seek aesthetic solutions for various concerns, including skin rejuvenation and body contouring. As a result, the market is experiencing significant growth, with a projected compound annual growth rate of 7.0% from 2025 to 2035. The increasing visibility of aesthetic procedures in popular culture further fuels this trend, as more individuals aspire to enhance their appearance through non-invasive and minimally invasive options.

Technological innovations play a crucial role in shaping the Global Aesthetic Devices Market Industry. The introduction of advanced technologies, such as artificial intelligence and 3D imaging, enhances the precision and effectiveness of aesthetic treatments. These advancements not only improve patient outcomes but also expand the range of available procedures. For instance, devices equipped with AI can personalize treatment plans based on individual patient needs. As the industry evolves, these technologies are expected to drive market growth, with projections indicating a market size of 33.2 USD Billion by 2035. The continuous evolution of technology is likely to attract both practitioners and patients alike.

By region, the study gives market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Aesthetic Devices market area dominates this market due to high demand from consumers for cosmetic procedures and the availability of a well-established healthcare infrastructure. Further, the adoption of advanced technology, a culture that places a premium on aesthetic enhancements, and favorable reimbursement policies have led to market growth in this region.

Further, the prime countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil.

Figure 2: AESTHETIC DEVICES MARKET SHARE BY REGION 2022 (USD Billion)

Source: The Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Europe's Aesthetic Devices market accounts for the second-largest market revenue share due to the rising focus on beauty and aesthetics, a growing aging population, and advancements in technology. Further, the German Aesthetic Devices market held the largest market share, and the UK Aesthetic Devices market was the growing market for the European region.

The Asia-Pacific Aesthetic Devices Market is foreseen to grow at the fastest CAGR from the year 2025 to 2034. This is due to the expanding middle-class population with disposable income and a growing awareness of advanced cosmetic procedures. Moreover, China’s Aesthetic Devices market held the largest market share, and the Indian Aesthetic Devices market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Aesthetic Devices market grow even more. Market players are also undertaking different strategic activities to spread their global footprint, with important market developments inclusive of new product launches, contractual agreements, higher investments, mergers and acquisitions, and collaboration with other organizations. To expand and survive in the more competitive and rising market climate, the Aesthetic Devices industry must provide the cost-effective items.

Manufacturing locally to minimize operational costs is one of the prime business tactics used by the manufacturers in the global Aesthetic Devices industry to benefit the clients and grow the market sector. In recent years, the Aesthetic Devices industry has provided some of the most significant advantages to medicine. 

Major players in the Aesthetic Devices market include Allergan, Mentor Worldwide LLC, Shanghai Fosun Pharmaceutical (Group)Co., Ltd, Bausch Health Companies Inc, Candela Medical, Cutera, Cynosure, LUTRONIC INC, BTL, Medytox, and others are trying to raise the market demand by investing in research and development operations.

Johnson & Johnson (J&J) is a multinational healthcare conglomerate popular for its extensive contributions to medical devices, the pharmaceutical, and consumer health sectors. J&J has evolved into one of the largest and most diversified healthcare companies worldwide. The company operates via three key business segments: Pharmaceuticals, Medical Devices, and Consumer Health. 

In the pharmaceutical sector, J&J is recognized for its innovations in areas like immunology, oncology, and infectious diseases, with blockbuster drugs like Remicade and Imbruvica. In October 2023, J&J came into a strategic partnership with InMode, an Israeli company specializing in minimally invasive body contouring devices, aiming to leverage J&J's global reach and marketing expertise with InMode's innovative technologies like MORPHEUS8 and Fractora, potentially expanding access to these treatments.

Candela is a prominent global leader in the medical aesthetic devices industry, specializing in the development and manufacturing of advanced laser technologies and energy-based devices. Candela has been the leader in providing innovative solutions for different dermatological and aesthetic concerns. 

The diverse portfolio of the company includes laser systems for tattoo removal, skin rejuvenation, hair removal, vascular and pigmented lesion treatments, and other advanced aesthetic procedures. In September 2023, laser giant Candela partnered with Ellansé, a leading manufacturer of polycaprolactone (PCL) biostimulatory fillers. This alliance compiles Candela's laser technology for skin rejuvenation with Ellansé's long-lasting fillers, providing practitioners a comprehensive solution for facial aesthetics.