The global radiofrequency skin rejuvenation devices market is anticipated to grow at a CAGR of 7.8% during the forecast period (2023-2030). Awareness about skincare and rising demand for beauty products is increasing day by day owing to the growing skin problems and hormonal imbalance which is bolstering the market growth globally. According to the American Academy of Dermatology Association, acne is the most common skin condition in the US, affecting up to 50 million Americans annually. Additionally, the rising expenditure on skin care devices contributes to the growth of the radiofrequency skin rejuvenation devices market.
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According to StatCan, Canada’s average annual household expenditure on skin care devices and products amounted to $188.8 in 2021. Acne treatment is one of the most common skin treatments in Canada. According to the Canadian Dermatology Association, a staggering 5.6 million Canadians are affected by acne. Hence, the growing shift towards energy-based aesthetic treatments and solutions is driving the demand for radiofrequency skin rejuvenation devices around the globe.
The manufacturers are developing new and advanced RF-based skin rejuvenation devices to cater to the growing demand across the globe. For instance, in February 2023, Candela, a provider of energy-based solutions globally, and the pioneer of the first and only long-pulse RF microneedling device, launched the all-new Profound Matrix™ system. This multi-application system featured the Sublime™, Sublative™ RF, and all-new Matrix Pro™ applicators. The renowned Sublime and Sublative RF applicators deliver bipolar RF treatments that improve the appearance of fine lines and wrinkles.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Type
o By Application
o By End-user
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Alma Laser, Aesthetics Biomedical, Ulthera, Inc. (Merz North America, Inc.), Solta Medical (Bausch Health), Beijing ADSS Development Co. Ltd., Candela Medical, and Venus Concept, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Radiofrequency Skin Rejuvenation Devices Market Report Segment
By Product
- RF Generators
- Consumables
By Application
- Skin Tightening
- Wrinkle Reduction
- Scar Reduction
- Others (Skin Lift, Acne Treatment)
By End-User
- Dermatology Clinics
- Hospitals
- Cosmetic Surgery Clinics
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