Global Radio Frequency Beauty Equipment Market, By Product Type (Trolley mounted Device, Table Top Device, Portable Device), By Application (Skin Treatment, Body Countering, Hair Removal, other), By Technology (Monopolar RF, Bipolar RF, Multipolar RF,Fractional RF, Combination of IPL and RF), By End user ( Beauty care centre,Home care setting) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 359.8 Million in 2023 and is expected to exhibit a CAGR of 13.8% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
To bring patient-centered, high-quality care to more communities, the various market players are engaged in adoption of growth strategies, which is expected to offer significant growth opportunities for players in the global radio frequency beauty equipment market. For instance, on September 1, 2021, Lumenis, a company based on energy-based medical devices for minimally invasive aesthetic and vision applications, announced that it has completed the sale of its surgical business to Boston Scientific Corporation, a leading global medical device manufacturer. The deal is valued at US$ 1.07 Bn, which targets and accelerates planned investments to support the development of its high-growth Aesthetics and Vision businesses, with a focus on research and development(R&D), global sales and marketing channels and business development activities.
Global Radio Frequency Beauty Equipment Market – Impact of Coronavirus (COVID-19) Pandemic
Since the outbreak of the COVID-19 epidemic in December 2019, the disease has spread to more than 100 countries worldwide and has been declared a public health emergency by the World Health Organization.The emergence of the coronavirus (COVID-19) had claimed more than 27 million lives worldwide, according to a report by the World Health Organization. The COVID pandemic has changed the homeostasis of the medical world and is affecting millions of people worldwide. The global crisis has consequences for the world economy in addition to health. According to World Health Organization (WHO), an article published on October 28, 2020, state that the in light of this massive economic slowdown, many countries have lifted their blockades, albeit for shaky reasons. With the reopening of services in many countries, dermatology and aesthetic clinics, which faced a bleak future, began to open according to strict standard operating procedures (SOP). In any pandemic, the need to feel is an integral part of healthy mental well-being, and the desire for the necessity of an aesthetic practice may seem weak to some.
Global Radio Frequency Beauty Equipment Market: Key Developments
On May 12, 2023, AirSculpt Technologies, Inc., an industry leader and provider of premium body contouring procedures announced the opening of its first overseas location in London, England. The minimally invasive procedure removes fat and tightens skin while reshaping targeted areas of the body, allowing for quick recovery with minimal bruising, tighter skin and precise results.
On May 17, 2022, Cynosure, a manufacturer of medical aesthetic systems and technologies, announced a new US$ 60 Mn investment from lead investors Clayton, Dubilier and Rice, which is a private investment firm with a strategy predicated on building stronger, more profitable businesses primarily including Industrials, Healthcare, Consumer, Technology and Financial Services. The new capital supports the company's plans to continue investing in the face of strong growth to bring innovation to market and provide the customers with comprehensive treatment solutions that ensure the highest clinical performance for patients.
Browse 48 Market Data Tables and 44 figures spread through 175 pages and in-depth TOC on “Global Radio Frequency Beauty Equipment Market”- Forecast to 2030 Global Radio Frequency Beauty Equipment Market,By Product Type (Trolley mounted Device, Table Top Device, Portable Device), By Application (Skin Treatment, Body Countering, Hair Removal, other), By Technology (Monopolar RF, Bipolar RF, Multipolar RF,Fractional RF, Combination of IPL and RF), By End user ( Beauty care centre,Home care setting) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/radio-frequency-beauty-equipment-market-3543
Key Takeaways of the Global Radio Frequency Beauty Equipment Market:
- It explores potential revenue opportunities in various segments and explains attractive investment proposition matrices for these markets.
- This study also provides key insights into market drivers, restraints, opportunities, new drug launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in global radio frequency beauty equipment market based on the following parameters: company overview, financial performance, drug portfolio, market presence, distribution strategies, key developments, strategies and future plans.
- The main companies involved in this study include Cynosure, Lumenis, Syneron Medical Ltd, Valeant Pharmaceutical International Inc, Alma Lasers, Cymedics, InMode Ltd, IBRAMED, Guangzhou Beautylife Electronic Technology Co, Sharplight Technologies Ltd, Venus Concepts.
- This report empower marketers and business executives to make informed decisions about future drug launches, drug class advancements, market expansion, and marketing tactics.
- The Global Radio Frequency Beauty Equipment Market report serves various stakeholders in the industry, including investors, suppliers, pharmaceutical manufacturers, distributors, new entrants, and financial analysts.
- Various strategy matrices used in analyzing global radio frequency beauty equipment market would facilitate stakeholders' decision-making.
