North America Radiofrequency Skin Rejuvenation Devices Market

North America Radiofrequency Skin Rejuvenation Devices Market Size, Share & Industry Trends Analysis Report By Application (Skin Tightening, Wrinkle Reduction, Scar Treatment, and Others), By End Use, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-16065 Publication Date: June-2023 Number of Pages: 69
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Market Report Description

The North America Radiofrequency Skin Rejuvenation Devices Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).

Radiofrequency (RF) tools are employed for collagen production, skin tightening, body contouring through the heating and destruction of adipose cells, and facial rejuvenation. The growing aging population, along with the emphasis on enhancing physical appearance, are two major drivers propelling the growth of the demand for RF procedures. A range of skin problems can be treated non-surgically with skin rejuvenation technology. They produce noticeable results quickly and with less invasive techniques.

Skin rejuvenation technologies are being widely used to perform surgeries linked to skin rejuvenation as a result of rising knowledge of prevalent skin disorders, preferences for improving visual and aesthetic appearance, and falling device costs. There is a substantial demand for radiofrequency procedures among the aging population.

Age-related skin thinning occurs because melanocytes, cells that contain pigment, are less common. Older people's skin seems paler, thinner, and transparent. Skin tightening, collagen formation, and face rejuvenation are encouraged by radiofrequency-based devices. While the body's old, damaged skin cells eventually get replaced, radiofrequency waves assist the body in making new collagen and elastin. A more naturally youthful appearance is provided by the tighter, firmer new skin that results from radiofrequency therapy.

A surgeon licensed by the American Board of Cosmetic Surgery performs the treatment in the United States. This is due to rising chronic disease prevalence, rising healthcare costs, and greater spending on R&D of better radiofrequency devices. The market in this sector is also growing due to the presence of significant industry players like Abbott Laboratories. According to the American Society for Plastic Surgeons' Plastic Surgery Statistics Report 2020, 825,409 skin resurfacing treatments using strong pulsed light were carried out in the U.S. in 2020. Additionally, in 2020, 522,693 microdermabrasion operations were carried out, according to the same source. A significant number of skin rejuvenation operations are anticipated to fuel market expansion for these devices. Therefore, because of these elements, the regional market will grow rapidly in the coming years.

The US market dominated the North America Radiofrequency Skin Rejuvenation Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $308.1 million by 2030. The Canada market is estimated to grow at a CAGR of 11.1% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 10.1% during (2023 - 2030).

Based on Application, the market is segmented into Skin Tightening, Wrinkle Reduction, Scar Treatment, and Others. Based on End Use, the market is segmented into Medspa, Dermatology Clinics, and Hospitals/Cosmetic Surgery Clinics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Worldwide Radiofrequency Skin Rejuvenation Devices Market is Projected to reach USD 1.2 Billion by 2030, at a CAGR of 9.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bausch Health Companies, Inc. (Solta Medical), Alma Lasers Ltd. (Sisram Medical Ltd.), F Care Systems, Cynosure, LLC, Lumenis Be Ltd., Candela Corporation, Cutera, Inc., Fotona d.o.o and Lutronic Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Skin Tightening
  • Wrinkle Reduction
  • Scar Treatment
  • Others

By End-Use

  • Medspa
  • Dermatology Clinics
  • Hospitals/Cosmetic Surgery Clinics

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Bausch Health Companies, Inc. (Solta Medical)
  • Alma Lasers Ltd. (Sisram Medical Ltd.)
  • F Care Systems
  • Cynosure, LLC
  • Lumenis Be Ltd.
  • Candela Corporation
  • Cutera, Inc.
  • Fotona d.o.o
  • Lutronic Co., Ltd.
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