North America Aesthetic Medical Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology {Laser-Based (Alexandrite, Diode, ND:YAG, CO2, ER:YAG, PDL, and Others), Light-Based (IPL and LED), Electromagnetic Energy-Based [Infrared-Based, Radiofrequency-Based, Non-Laser (Hydradermabrasion), and Others], Ultrasound-Based, Cryolipolysis, Suction-Based, and Plasma Energy-Based}, Application (Facial Skin Resurfacing, Photorejuvenation, Hair Removal, Fat Reduction and Body Contouring, Skin Tightening, Cellulite Reduction, Feminine Rejuvenation, Tattoos and Pigmentation, Acne & Acne Scars, Vascular Lesions, and Others), and End User (Dermatology and Cosmetic Clinics, Hospitals and Clinics, Medical Spas, and Home Use)
The aesthetic medical devices market in North America is expected to grow from US$ 5,502.92 million in 2022 to US$ 10,902.67 million by 2028. It is estimated to grow at a CAGR of 12.1% from 2022 to 2028.
Increasing Prevalence of Skin Disorders and Rising Awareness about Beauty Devices Fuel Aesthetic Medical Devices Market in North America
The rising prevalence of dermatitis; acne; psoriasis; and other skin anomalies such as warts, moles, and lesions is creating the demand for aesthetic medical devices. Additionally, changing beauty standards and the beauty industry propel the demand for the devices. In addition, the rising geriatric population prone to wrinkles is boosting the demand for antiaging, toning, and skin rejuvenation treatment to hide the signs of aging. Also, the rise in consumer awareness about skincare treatments is increasing the number of medspas and skin clinics to provide affordable skin treatments for various skin conditions, thereby boosting the demand for aesthetic medical devices. Furthermore, the increase in technological advancements and surge in R&D activities lead to the launch of new and innovative devices for skincare treatments. In addition, there has been an increase in demand and inclination toward home-based portable skincare devices. These devices are based on microcurrent and ultrasonic technology. Furthermore, increasing awareness about appearance, rising consumer awareness about skincare devices, and growing demand for aesthetics generate the demand for aesthetic medical devices. The rising demand for laser treatments, body contouring, and skin tightening also promotes the market growth in North America.
Market Overview
The North America aesthetic medical devices market, by country, is segmented into the US, Canada, and Mexico. The US is estimated to hold the largest market share during the forecast period. The growth of the aesthetic medical devices market is attributed to various factors such as the rising number of aesthetic procedures and the development of noninvasive aesthetic devices. The market in Canada is growing due to factors such as rising investments by international players, increasing number of aesthetic clinics, and growing number of medical device players.
North America Aesthetic Medical Devices Market Revenue and Forecast to 2028 (US$ Million)
North America Aesthetic Medical Devices Market Segmentation
The North America aesthetic medical devices market is segmented on the basis of technology, application, end user, and country. Based on technology, the market is segmented into laser-based, light-based, electromagnetic energy-based, ultrasound-based, cryolipolysis, suction-based, and plasma energy-based. The laser-based segment held the largest market share in 2022.
Based on application, the North America aesthetic medical devices market is segmented into facial skin resurfacing, photo rejuvenation, hair removal, fat reduction & body contouring, skin tightening, cellulite reduction, feminine rejuvenation, tattoos & pigmentation, acne & scars, vascular lesions, and others. The acne and acne scars segment registered the largest market share in 2022. Based on end user, the North America aesthetic medical devices market is segmented into dermatology & cosmetic clinics, hospitals and clinics, medical spas, and home use. The dermatology & cosmetic clinics segment registered the largest market share in 2022. Based on country, the North America aesthetic medical devices market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022. Alma Lasers (Sisram Medical), Asclepion Laser Technologies GmbH, Bausch Health Companies Inc., Candela Corporation, Cutera Inc., Fotona, InMode, Jeisys Medical Inc, LASEROPTEK, Lumenis Be Ltd., Lutronic, Merz Pharma, Mesoestetic, and Venus Concept are among the leading companies operating in the aesthetic medical devices market in North America.
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