The global radiofrequency skin rejuvenation devices market size is expected to reach USD 1.33 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 9.2% from 2023 to 2030. The primary factor driving the industry is the increasing focus on physical appearance and the minimally invasive nature of the procedure. The market is also growing due to technological advancements that improve skin texture, and wrinkles.
The skin rejuvenation industry, including radiofrequency skin rejuvenation, was significantly affected by the COVID-19 pandemic. Initially, the industry faced challenges as aesthetic clinics and medical spas were temporarily closed or operated at reduced capacity due to strict lockdown measures. However, the pandemic also resulted in a heightened emphasis on self-care and wellness, prompting individuals to allocate more time and resources to skincare and overall wellness.
Radiofrequency skin rejuvenation is a highly versatile treatment method that can be applied to various areas of the body, offering comprehensive solutions for skin rejuvenation. A major advantage of the technology is its ability to address multiple concerns simultaneously, making it appealing to individuals seeking comprehensive skin rejuvenation solutions. According to the American Society of Plastic Surgeons (ASPS), high growth was observed in facial rejuvenation procedures, in 2019.
This shift in focus increased interest in non-invasive techniques like radiofrequency treatments, which could be performed at home using handheld devices or through telemedicine consultations. Additionally, the increased reliance on video calls during the pandemic led many adults to become more conscious of their appearances, further driving the demand for skin rejuvenation procedures.
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The radiofrequency skin rejuvenation devices market is expected to expand at a compound annual growth rate of 9.2% from 2022 to 2030 to reach USD 1.33 billion by 2030
In 2022, North America dominated the market in terms of the revenue share of 41.11%. The market's growth in the region is increasing focus on skincare and aesthetic
By application, the skin tightening segment dominated in terms of the largest revenue share of 41.1%. This can be attributed to the advantages associated with the procedure. Significant advancements in dermatology and aesthetic medicine have contributed to the growth of skin tightening procedures
By end use, the medspa segment accounted for the largest revenue share of 48.6% and fastest CAGR of 9.7% over the forecast period
Grand View Research has segmented the global radiofrequency skin rejuvenation devices market based on application, end-use, and region:
Radiofrequency Skin Rejuvenation Devices Application (Revenue, USD Million, 2018 - 2030)
Skin tightening
Wrinkle reduction
Scar treatment
Others
Radiofrequency Skin Rejuvenation Devices End-use (Revenue, USD Million, 2018 - 2030)
Medspa
Dermatology clinics
Hospitals/cosmetic surgery clinics
Radiofrequency Skin Rejuvenation Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Sweden
Norway
Denmark
Asia Pacific
China
Japan
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
Saudi Arabia
South Africa
UAE
Kuwait
List of Key Players in the Radiofrequency Skin Rejuvenation Devices Market
Solta Medical
Alma Laser
F Care Systems
Cynosure
Lumeins
Candela
Cutera
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