Radio frequency beauty equipment market estimated to reach $644 million by 2026

Future Marketing Insights published a report estimating the global market for radio frequency beauty equipment will reach $643.9 million in revenues by 2026, according to a press release.

The report, titled “Radio Frequency Beauty Equipment Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” estimates the global market's compound annual growth rate will expand to 15.3%. The report also estimates that the compound annual growth rate for the Asia Pacific region specifically, excluding Japan, will expand up to 20.4%. North American revenues are estimated to account for 35% revenue share of the market in the 10-year period.

According to Future Marketing Insights, leading players in the market include Cynosure, Lumenis, Syeron Medical, Alma Lasers, Valeant Pharmaceutical, Cymedics, BRAMED, Guangzhou Beautylife Electronic Technology and Dermeo.

Trolley mounted devices are expected lose 6% of present value share in the segment, but will still attain the highest value share in the global market at 49%. Table top devices are estimated to remain similar to present value. Portable devices are expected to rise at an exceptional pace, estimated to reach a compound annual growth rate of 19.1% and surpass $135 million in revenues.

Rising patient preference for non-invasive cosmetic procedures and concern about scars attained from invasive surgeries are considered to be a key factor in the expansion of the radio frequency equipment global market.

Reference : www.futuremarketinsights.com.