Market Overview:
The global energy-based device in hyperhidrosis market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of hyperhidrosis, technological advancements in energy-based devices for the treatment of hyperhidrosis, and rising awareness about the benefits of energy-based devices over other treatment options. The laser device segment is expected to account for the largest share of the global energy-based device in hyperhidrosis market by 2030. This can be attributed to its high efficacy and safety as compared to other types of energy-based devices. The microwave device segment is projected to grow at a highest CAGR during the forecast period owing to its growing popularity among patients owing to its noninvasive nature and short treatment time.
Product Definition:
An energy-based device is a medical device that uses energy to achieve a therapeutic effect. This type of device is used to treat hyperhidrosis, which is excessive sweating. The use of an energy-based device can help to reduce the amount of sweat that is produced by the body.
Laser Device:
Laser device is a tool that emits light and heat for therapeutic or diagnostic purposes. The laser devices are classified into two types on the basis of application, namely-Diagnostic and Therapeutic/Operative. The therapeutic lasers are further sub-segmented into three categories namely; Erbium YAG (Erb), CO2 (Carbon Dioxide Laser), and Fiber Optic (Fiber).
Microwave Device:
A microwave device is a tool that emits and absorbs electromagnetic radiation in the form of waves to heat or cool an object. Microwave devices are used for cooking, heating or cooling food, sterilizing medical equipment, cleaning blood vessels and removing atherosclerotic plaque from arteries. The most commonly used microwave frequency is 2.45 GHz which helps in treating hyperhidrosis by increasing the temperature of sweat glands which results in increased sweating.
Application Insights:
Based on application, the global market is segmented into hospital and clinic, beauty salon and spa, healthcare facility, corporate office space, hospitality room/guest house/hotel suite (private) as well as others. Hospital and clinics dominated the overall market in 2017 owing to high usage rates of DEBD across various treatment procedures. Beauty salons are expected to be the fastest growing application segment over the forecast period due to rising consumer spending on personal grooming products such as shampoos & conditioners along with hair coloring & styling products. Healthcare facilities are also anticipated to witness significant growth owing to increasing awareness about health issues coupled with government initiatives for early diagnosis of diseases through DEBD devices. Corporate offices are expected witness considerable growth over next few years due largely in part by growing demand for energy based device-based cooling solutions from major IT companies such as Microsoft Corporation., Dell Inc., HP Inc., Lenovo Group Ltd.
Regional Analysis:
North America dominated the global market in 2017 owing to the availability of sophisticated healthcare infrastructure, high adoption rate of technologically advanced devices, and favorable reimbursement policies. Moreover, increasing cases of hyperhidrosis due to stress and change in weather conditions are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income leading towards improved quality of life coupled with growing medical tourism industry. Furthermore, an increase in awareness regarding energy based device treatment for hyperhidrosis is further expected boost regional demand for energy based devices in beauty care applications during 2018-2030 period.
Major players operating include: Medtronic; B Braun Melsungen AG; Boston Scientific Corporation; Stryker Corporation; Johnson & Johnson Services Inc.; B Braun Melsungen GmbH & Co., Ltd.; Koninklijke Philips N.V.; Eisai Co.
Growth Factors:
- Increasing prevalence of hyperhidrosis: The global prevalence of hyperhidrosis is expected to increase significantly in the next few years, owing to various factors such as changing lifestyle, increasing pollution levels, and rising stress levels. This will create a high demand for energy-based devices for the treatment of hyperhidrosis, thereby driving the growth of the market.
- Technological advancements: The energy-based device market is witnessing rapid technological advancements with new products being launched regularly. This is helping to improve the efficacy and safety profile of these devices, which is resulting in an increased adoption by patients worldwide.
- Growing awareness about energy-based devices: There has been a significant rise in awareness about energy-based devices among both healthcare professionals and patients in recent years. This has led to an increase in demand for these devices, thereby propelling the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Based Device in Hyperhidrosis Market Research Report
By Type
Laser Device, Microwave Device, Ultrasound Device
By Application
Hospital & Clinic, Beauty Salon
By Companies
Cynosure, Miramar Lab, Fotona, Alma Lasers, ThermiAesthetics, Ulthera, Valeant, Cynosure
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Energy Based Device in Hyperhidrosis Market Report Segments:
The global Energy Based Device in Hyperhidrosis market is segmented on the basis of:
Types
Laser Device, Microwave Device, Ultrasound Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital & Clinic, Beauty Salon
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cynosure
- Miramar Lab
- Fotona
- Alma Lasers
- ThermiAesthetics
- Ulthera
- Valeant
- Cynosure
Highlights of The Energy Based Device in Hyperhidrosis Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Device
- Microwave Device
- Ultrasound Device
- By Application:
- Hospital & Clinic
- Beauty Salon
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Based Device in Hyperhidrosis Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An energy-based device is a type of medical device that uses energy to treat hyperhidrosis. This type of device uses heat, light, or sound to destroy the sweat glands and reduce the amount of sweat produced.
Some of the major companies in the energy based device in hyperhidrosis market are Cynosure, Miramar Lab, Fotona, Alma Lasers, ThermiAesthetics, Ulthera, Valeant, Cynosure.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy Based Device in Hyperhidrosis Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Energy Based Device in Hyperhidrosis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Energy Based Device in Hyperhidrosis Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Energy Based Device in Hyperhidrosis Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Energy Based Device in Hyperhidrosis Market Size & Forecast, 2020-2028
4.5.1 Energy Based Device in Hyperhidrosis Market Size and Y-o-Y Growth
4.5.2 Energy Based Device in Hyperhidrosis Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Laser Device
5.2.2 Microwave Device
5.2.3 Ultrasound Device
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital & Clinic
6.2.2 Beauty Salon
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy Based Device in Hyperhidrosis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy Based Device in Hyperhidrosis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Laser Device
9.6.2 Microwave Device
9.6.3 Ultrasound Device
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital & Clinic
9.10.2 Beauty Salon
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Laser Device
10.6.2 Microwave Device
10.6.3 Ultrasound Device
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital & Clinic
10.10.2 Beauty Salon
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Laser Device
11.6.2 Microwave Device
11.6.3 Ultrasound Device
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital & Clinic
11.10.2 Beauty Salon
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Laser Device
12.6.2 Microwave Device
12.6.3 Ultrasound Device
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital & Clinic
12.10.2 Beauty Salon
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Laser Device
13.6.2 Microwave Device
13.6.3 Ultrasound Device
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital & Clinic
13.10.2 Beauty Salon
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy Based Device in Hyperhidrosis Market: Competitive Dashboard
14.2 Global Energy Based Device in Hyperhidrosis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cynosure
14.3.2 Miramar Lab
14.3.3 Fotona
14.3.4 Alma Lasers
14.3.5 ThermiAesthetics
14.3.6 Ulthera
14.3.7 Valeant
14.3.8 Cynosure
