The global radio frequency beauty equipment market value is likely to jump from US$ 377.7 million in 2023 to US$ 1,947.8 million by 2033. This estimated growth is expected to be driven by an impressive CAGR of 17.8% in the global radio frequency beauty equipment market over the next decade.
The beauty industry is undergoing rampant expansion as users of social media platforms continue to ascend. Not only this but also the prominent influence of the film and television industry that promotes aesthetically pleasing appearances has created a strong demand for beauty-enhancing devices across the globe.
The RF beauty technology is largely deployed in North American and European countries. However, positive results of this technology in these regions have influenced users from emerging economies to opt for the same. The leading manufacturers expanding in Asian countries are especially focusing on reducing the price of this equipment to increase the product’s acceptability among customers.
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A noticeable trend of at-home beauty solutions has emerged in recent years. Customers are showing a preference for portable RF beauty machines to reduce the signs of aging, which is reflected through cellulite, fine lines, and crow’s feet. An increasing number of manufacturers are expected to tap into this budding trend.
Key participants are boosting their marketing initiatives to widen their customer base across the globe. They are also concentrating their efforts on educating their end users on the correct way to use the machine.
The vendors of radio frequency beauty equipment are further expected to benefit from the increasing aversion to invasive aesthetic surgeries. Additionally, the global market is fostered by infusing investments in research and development initiatives to drive constant innovations in the radio frequency beauty equipment product portfolio.
“Key players who are able to leverage the recent trend of convenient beauty-enhancing solutions are expected to have a competitive edge in the market. Customers are currently seeking equipment that reduces their dependency on beauty professionals. As a result, manufacturers can capitalize by creating at-home alternative devices that help in carrying out aesthetic procedures in the comfort of their homes,” says an FMI analyst.
Key Takeaways from the Radio Frequency Beauty Equipment Market Report:
- The radio frequency beauty equipment market gained revenue of a total of US$ 344.5 million in 2022.
- The United States market revenue is not just higher in North America, but also globally. By acquiring a total of about 27.6% in 2023, the United States market enjoys a prominent global presence.
- The United Kingdom market in Europe is predicted to thrive at a CAGR of 20.7% throughout the forecast period.
- Asian countries like China and India are predicted to witness CAGRs of 26.4% and 24.3% through 2033.
- The trolley mounted devices sub-segment acquires about 52% share of the global market by product.
- By application, body contouring holds a prominent share of around 51% in 2023.
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Key Developments in the Radio Frequency Beauty Equipment Market:
- In February 2023, Professional Beauty Group announced that the key aesthetic brands from across the globe will be showcased at the Professional Beauty London from March 5 to 6. The brands showcased their latest technology and devices to bring a revolution in beauty businesses, and their clients and treatment menus.
- In February 2023, Candela, a pioneer of the first and only long-pulse RF micro-needling device, and a prominent provider of energy-based solutions, reported the launch of a new FDA-permitted Profound Matrix™ system.
- In March 2021, Tentech Inc. introduced ‘10THERMA’, which is a 5th-generation radio-frequency machine devised for skin tightening. The beauty device is distributed to aesthetic spas and salons, covering over 600 units in eight months after its launch.
Key Players in the Radio Frequency Beauty Equipment Market:
- Cynosure, Inc.
- Lumenis
- Syneron Medical Ltd
- Bausch Health Companies Inc.
- Alma Lasers
- Cymatics
- IBRAMED
- Guangzhou Beautylife Electronic Technology Co.
- SharpLight Technologies Ltd
- Venus Concepts
- Airsculpt Technologies, Inc.
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Key Market Segments in the Radio Frequency Beauty Equipment Market:
By Product:
- Trolley Mounted Devices
- Table Top Devices
- Portable Devices
By Application:
- Skin Treatment
- Skin Reconstruction
- Scar Removal
- Non-Surgical Skin Tightening
- Facial Repair
- Body Countering
- Liposuction
- Cellulite Reduction
- Non-surgical Fat Reduction
- Collagen Stimulation and Generation
- Hair Removal
- Others
By Technology:
- Monopolar RF
- Bipolar RF
- Multipolar RF
- Fractional RF
- Combination of IPL and RF
By End-use Sector:
- Beauty Care Centers
- Home Care Settings
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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