MEA Energy-Based Aesthetic Devices Industry Development and Demand Forecast to 2030

Posted by Aryan on August 7th, 2023

According to a report by P&S Intelligence, the MEA energy-based aesthetic devices market will advance at a 7.1% CAGR, to generate a value of USD 189 million, by 2030.

The growth of the industry is credited to factors such as the surging elderly population, the increasing medical tourism industry, growing consciousness regarding the safe use and advantages of energy-based aesthetic devices, and changing inclination toward non-surgical minimally invasive aesthetic treatments.

In the past few years, the laser-based category accounted for the largest share in the industry, owing to the increasing consciousness regarding the use of laser-based devices instead of other energy-based treatments, for example, cryolipolysis and plasma. Moreover, the industry for alexandrite-based devices will propel with the highest growth rate in the years to come.

The fat reduction & body contouring category will observe the fastest growth in the years to come. This is mainly attributed to the increasing number of obese populations, which may opt for body contouring and fat reduction procedures to improve the shape of their body.

Based on the distribution channel, the indirect category dominated the MEA energy-based aesthetic devices market and it will continue its dominance in the years to come. This is mainly credited to the high development rate of the e-commerce industry in this region.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/mea-energy-based-aesthetic-devices-market/report-sample

Additionally, the growing inclination of customers toward LED skin rejuvenating and laser hair remover devices, which are easily buyable from a retailer or through online channels, also boost the growth of this category.

Based on end users, the dermatology and cosmetic clinics category generated the largest revenue share in the industry, and it will remain the largest in the years to come.

In the past few years, Saudi Arabia dominated the industry of MEA energy-based aesthetic devices. This is credited to the increasing aesthetic surgeries, mounting elderly populace, awareness of minimally invasive aesthetic procedures by private organizations, growing awareness among people regarding their appearance, and rising initiatives by the public.

Whereas, the U.A.E. will witness the fastest growth in the industry of MEA energy-based aesthetic devices, in the years to come. This is mainly credited to factors such as rising disposable income, the mounting elderly population, advancements in technology, and the growing sector of medical tourism.

A key trend witnessed in the industry of MEA energy-based aesthetic devices is the rising inclination toward having an enhanced appearance, between both women and men.

In the past few years, industry players have been involved in launching new products, to gain a competitive edge.

It is because of the everchanging inclination toward minimally invasive aesthetic treatments, the increasing medical tourism industry, and the mounting elderly population, the MEA energy-based aesthetic devices industry will grow significantly in the years to come.