Complete Overview of Radio Frequency Beauty Equipment Market : Global Industry Analysis and Opportunity Assessment, 2016-2026
Press Release – 21
Jan 2019
Research
and Development News
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Latest
Update
"Radio Frequency Beauty Equipment Market: Skin Treatment
Application Segment to Create Absolute Dollar Opportunity of US$ 5.3
Mn in 2017 over 2016: Global Industry Analysis and Opportunity
Assessment, 2016-2026"
with Industries Survey | Global Current Growth and Future.
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Robust growth in skin treatment segment
anticipated to drive the global radio frequency beauty equipment
market in the next 10 years
When our analysts were deducing the revenue split
of the global radio frequency beauty equipment market, it was
observed that the skin treatment segment is expected to hold a market
share of more than 30 % of the global radio frequency beauty
equipment market. Skin treatment application segment is projected to
register a healthy growth rate. The skin treatment application
segment is estimated to reach more than US$ 50 Mn by 2016 end and is
estimated to be valued at approximately US$ 225 Mn by 2026 end,
expanding at a CAGR of 16.0% during the forecast period. Radio
frequency skin treatment procedures include skin reconstruction, scar
removal, non-surgical skin tightening and facial repair. For these
procedures, radio frequency devices with different technologies
namely monopolar RF, bipolar RF, multipolar RF and combination
technologies are used.
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Increasing
prevalence of skin diseases likely to create a positive impact on the
global radio frequency beauty equipment market
Growing prevalence of skin problems leads to
scarring. Acne is the most common skin problem in the U.S., affecting
over 50 million people annually. Acne causes significant physical
changes including permanent scarring. Around 85% of people between
the age group of 12 and 24 suffer from acne. The commonly used
non-invasive treatments for acne scarring are microdermabrasion and
laser resurfacing. A rising prevalence of skin problems is driving
the growth of the global radio frequency beauty equipment market.
Factors such as faster results, cost-effective treatments, and fewer
post procedural complications as compared to conventional methods are
boosting the skin treatment segment of the global radio frequency
beauty equipment market. One more factor driving the growth of this
segment is easy availability of products for skin treatments across
the globe.
- Facial repair is one of the highest revenue generating sub segment of the skin treatment segment in the global radio frequency beauty equipment market
- Skin treatment application segment is expected to be the second most attractive segment in the global radio frequency beauty equipment market over the projected period
- Increasing number of beauty care centres is the result of a growing population that prefers professional skin treatments with the use of various beauty equipment
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Skin
treatment segment anticipated to achieve more than 20% CAGR in APEJ
region
Although the body contouring segment is forecast
to be the most attractive segment in the global radio frequency
beauty equipment market, the skin treatment segment is anticipated to
achieve a healthy CAGR in APEJ, Latin America and North America.
Particularly in APEJ, the skin treatment segment is expanding at a
CAGR of more than 20% followed by Latin and North America with more
than 18% and 16% CAGRs respectively. Increasing demand for skin
reconstruction, scar removal, skin tightening and facial repair is
the reason for the better prospects of the segment in these regions.
Facial repair is one of the highest revenue generating sub segment of
the skin treatment segment in the global radio frequency beauty
equipment market. Microneedling Radiofrequency (MNRF) is one of the
most innovative skin treatment procedures gaining adoption among
specialists in developed markets such as the U.S. This method does
not damage the epidermis and micro-needles have depth varying from
0.5 mm to 3.5 mm, allowing selective targeting of different layers of
the dermis discretely. The process being safer across all skin
colours, is gaining wide acceptance among patients. Experts note that
the needling method could provide close to 100% results in wrinkle
and laxity reduction, which is approximately 40% of the effects
produced by surgery.
Another
innovative method gaining adoption is Fractional High Intensity
Focused Radiofrequency (HIFR) for treating mild to moderate laxity in
regions of lower face and neck. Although photographic assessment and
quantitative validation of these methods for documentation purposes
is currently underway, there are substantial discussions on the same
among experts belonging to renowned organisations such as American
Society for Laser Medicine and Surgery.
Continue.....
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