North American Market Forecast
Energy-based non-invasive medical aesthetic treatment system market in North America is expected to hold the largest share of 34% during the foreseen period. This is explained by the increase in energy-based aesthetic device suppliers and manufacturers as well as the major players' quick advancement in the market. Around the region, there has been a rise in technological breakthroughs in aesthetic equipment used for skin tightening, skin resurfacing, hair removal, and other cosmetic treatments. Furthermore, the market is growing due to the increasing prevalence of appearance dissatisfaction and the demand to improve self-confidence and look younger. The other drivers propelling the regional market are expanding R&D activities, healthcare infrastructure improvements, rising disposable income, and a rise in the number of product launches.
APAC Market Statistics
Asia Pacific in the energy-based non-invasive medical aesthetic treatment system market is anticipated to hold a share of 22% during the projected period. One of the most significant worldwide centers for aesthetic improvements, South Korea has been seeing the quickest growth in the Asia-Pacific aesthetics sector for several years. Due to cultural and social media trends, South Korea is known for its rapid adoption of cutting-edge technologies and its increasing need for reasonably priced, high-quality cosmetic operations and products. With increased accessibility to and awareness of cosmetic treatments, secondary markets such as Thailand, Vietnam, Singapore, the Philippines, and Indonesia are beginning to emerge. Australia and New Zealand are rapidly expanding markets that provide a wide variety of goods and indications along with high-end pricing. Due to its possible natural results and short recovery times, non-invasive aesthetic procedures including dermal fillers, Botox, and laser treatments are popular among local consumers. All things considered, the Asian market offers enormous potential for global companies because of its robust economic growth and population diversity.
Author Credits: Radhika Pawar
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