DUBLIN--(BUSINESS WIRE)--The "MEA Energy-Based Aesthetic Devices Market Research Report: By Technology, Application, Distribution Channel, End User, Geographical Outlook - Industry Analysis and Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
From $87.6 million in 2018, the Middle East & Africa (MEA) energy-based aesthetic devices market is predicted to garner $129.4 million revenue by 2024, registering a CAGR of 6.9% during the forecast period (2019-2024).
The drivers of the market are the surging geriatric population, growing awareness regarding the safety and usage of energy-based aesthetic devices, and the shift toward non-surgical minimally invasive aesthetic treatments. These devices are based on different sources of energy, such as electromagnetic, laser, and plasma energy.
Based on technology, the MEA energy-based aesthetic devices market is classified into plasma energy, suction, cryolipolysis, ultrasound, electromagnetic energy, light, and laser-based.
The classification of laser-based technology held the largest share in the market in 2018, and it is expected to register a CAGR of 7.1% during the forecast period. This can be attributed to the wide application of this technology in fat reduction and hair removal and its use in skin resurfacing devices.
The categories of the MEA energy-based aesthetic devices market based on application are cellulite reduction, fat reduction & body contouring, skin tightening, hair removal, and facial & skin resurfacing/ photo rejuvenation.
In the forecast period, the fastest growing category in the market is expected to be the fat reduction & body contouring. This can be credited to the rising cases of obesity in the region. Further, rather than going through painful surgeries, people are opting for energy-based aesthetic devices for non-surgical removal of fat.
The MEA energy-based aesthetic devices market is observing growth due to the swift inclusion of advanced technologies in the medical industry. Consumers have become aware about pros and cons associated with surgical aesthetic treatments and are now opting for non-surgical methods.
Cosmetic treatments are pretty cost-intensive, and many patients of different countries travel to emerging economies for cheaper healthcare services. For instance, Turkey received 756,000 patients from 144 nationalities in 2017, which generated a $7.2 billion to the country's economy, as per Turkish Healthcare Travel Council.
The MEA energy-based aesthetic devices market is headed toward prosperity as extensive research and development activities are going on in this domain for expanding the application area of these devices. In the field of laser, technical advancements have led to the development of new laser light delivery systems which make use of nanometer-sized fiber optics to be used for the treatment of various diseases and conditions.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Market Definition
4.2 Market Dynamics
4.3 Porter's Five Forces Analysis
4.4 Service Providers
4.5 Treatment Prices
4.6 Product Pricing
Chapter 5. MEA Energy-Based Aesthetic Devices Market
5.1 By Technology
5.1.1 Laser-Based Aesthetic Devices Market, by Type
5.1.2 Light-Based Aesthetic Devices Market, by Type
5.1.3 Electromagnetic Energy-Based Aesthetic Devices Market, by Type
5.2 By Application
5.3 By Distribution Channel
5.4 By End User
5.5 By Country
5.5.1 Saudi Arabia Market Size and Forecast
22.214.171.124 By technology
126.96.36.199.1 Laser-based aesthetic devices market, by type
188.8.131.52.2 Light-based aesthetic devices market, by type
184.108.40.206.3 Electromagnetic energy-based aesthetic devices market, by type
220.127.116.11 By application
18.104.22.168 By distribution channel
22.214.171.124 By end user
5.5.2 Turkey Market Size and Forecast
5.5.3 Iran Market Size and Forecast
5.5.4 U.A.E. Market Size and Forecast
5.5.5 Israel Market Size and Forecast
5.5.6 South Africa Market Size and Forecast
5.5.7 Egypt Market Size and Forecast
5.5.8 Qatar Market Size and Forecast
5.5.9 Iraq Market Size and Forecast
5.5.10 Kuwait Market Size and Forecast
5.5.11 Oman Market Size and Forecast
5.5.12 Bahrain Market Size and Forecast
5.5.13 Lebanon Market Size and Forecast
5.5.14 Jordan Market Size and Forecast
Chapter 6. Competitive Landscape
6.1 Market Share Analysis
6.2 Recent Global Strategic Developments
6.2.1 Product Launches
6.2.2 Mergers and Acquisitions
Chapter 7. Company Profiles
7.1 Jeisys Medical Inc.
7.1.1 Business Overview
7.1.2 Product and Service Offerings
7.2 AK International LLC
7.3 Allergan plc
7.4 Laser Aesthetics SA
7.5 Alma Lasers Inc.
7.6 Syneron Medical Ltd.
7.7 Merz Pharma GmbH & Co. KGaA
7.8 Lumenis Ltd.
7.9 Cutera Inc.
7.10 Hologic Inc.
7.11 Sciton Inc.
7.12 Bausch Health Companies Inc.
7.13 TRIA Beauty Inc.
7.14 Venus Concept Ltd.
7.15 Imdad LLC
7.16 Fotona D.o.o.
7.17 Novoxel Ltd.
7.18 SharpLight Technologies Ltd.
7.19 CLASSYS Inc.
7.20 Laseroptek Co. Ltd.
7.21 EL.EN. S.p.A.
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