High-intensity Focused Ultrasound Cosmetic Systems Market: Overview
• High-intensity focused ultrasound is a non-invasive therapy that uses ultrasound waves for thermal ablation of a portion of tissue. The technique is widely known for treating tumors.
• High-intensity focused ultrasound cosmetic systems are relatively new devices used for treatment of a wide range of dermatological indications. In 2009, the Food and Drug Administration (FDA) approved high-intensity focused ultrasound cosmetic systems for brow lifts while in 2014, the agency approved another device for improvement of lines and wrinkles of the upper chest and neckline
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• The global high-intensity focused ultrasound cosmetic systems market is projected to expand at a significant pace during the forecast period. Continuous expansion of cosmetic industry, increase in number of cosmetic procedures in emerging countries such as India, and rise in preference for minimally invasive treatments are expected to drive the market.
Key Drivers of Global High-intensity Focused Ultrasound Cosmetic Systems Market
• Exponential growth of cosmetic & wellness industry, increase in disposable income, and rise in adoption of new therapeutic systems in cosmetics are anticipated to boost the demand for high-intensity focused ultrasound cosmetic systems, thereby propelling the market
• According to the American Society of Plastic Surgeons (ASPS), in 2017, the number of cosmetic procedures performed in the U.S. was a staggering 17.5 million, a 2% rise since 2016
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Standalone Segment to Hold Significant Share in High-Intensity Focused Ultrasound Cosmetic Systems Market
• Based on modality, the global high-intensity focused ultrasound cosmetic systems market can be classified into standalone and handheld
• The standalone segment is anticipated to gain significant share in the global high-intensity focused ultrasound cosmetic systems market during the forecast period, owing to increase in use of technological advanced cosmetic devices for skin rejuvenation, wrinkle reduction, and other procedures
Skin & Facial Rejuvenation Segment to Exhibit Significant Growth in High-Intensity Focused Ultrasound Cosmetic Systems Market
• Based on application, the global high-intensity focused ultrasound cosmetic systems market can be classified into skin & facial rejuvenation, wrinkle & acne removal, fat reduction, and others
• The skin & facial rejuvenation segment is anticipated to gain significant share in the global high-intensity focused ultrasound cosmetic systems market during the forecast period, owing to rise in number of non-surgical nonsurgical skin tightening procedures and huge demand of high-intensity focused ultrasound in skin rejuvenation
• As per ISAPS International Survey on Aesthetic/Cosmetic Procedures performed in 2017, nearly 2,051,984 facial rejuvenation procedures were performed worldwide, out of which 436,675 were non-surgical skin tightening procedures
• The report also stated that the U.S., Japan, and Brazil had the highest number of facial rejuvenation procedures performed in 2017
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North America to Hold Major Share of Global High-intensity Focused Ultrasound Cosmetic Systems Market
• North America is projected to account for the prominent share of the high-intensity focused ultrasound cosmetic systems market during the forecast period. High volume of facial rejuvenation procedures, increase in exposure toward branded aesthetic/cosmetic devices, and expanding anti-aging device industry are anticipated to drive the market in the region.
• As per the ISAPS (2017), in the U.S., nearly 67,320 nonsurgical skin tightening with facial rejuvenation procedures were performed, accounting for 21.9% of the total procedures worldwide
Key Players Operating in Global High-intensity Focused Ultrasound Cosmetic Systems Market
Major players operating in the global high-intensity focused ultrasound cosmetic systems market are:
• Venn Healthcare
• Bitco Med Ltd.
• HD Aesthetic Technologies
• Iskra Medical d.o.o.
• NewAngie
• nubway Co. Ltd.
• Sculpt Pro Aesthetics
• bnbtech
• Sincoheren Ltd
• Modern Aesthetics