Australia Aesthetic Devices Market Size, Share, and COVID-19 Impact Analysis, By Type of Device (Energy-Based Aesthetic Device and Non-Energy-Based Aesthetic Device), By Application (Skin Resurfacing, Body Contouring and Cellulite Reduction, Hair Removal, Facial Aesthetic Procedures, Breast Augmentation, Skin Tightening, and Others), and Australia Aesthetic Devices Market Insights, Industry Trend, Forecasts to 2033

Australia Aesthetic Devices Market Insights Forecasts to 2033

• The Australia Aesthetic Devices Market Size was valued at USD 0.68 Billion in 2023.
• The Australia Aesthetic Devices Market Size is Growing at a CAGR of 12.04% from 2023 to 2033
• The Australia Aesthetic Devices Market Size is Expected to Reach USD 2.12 Billion by 2033

The Australia Aesthetic Devices Market Size is Anticipated to Exceed USD 2.12 Billion by 2033, growing at a CAGR of 12.04% from 2023 to 2033. Technological developments, increased consumer demand for non-invasive procedures, growing medical tourism, rising disposable income, and growing awareness of aesthetic treatments are all factors that create opportunities for the Australian aesthetic devices market.  

Market Overview

The sector devoted to the creation, manufacturing, and distribution of medical devices used for skin treatments, cosmetic improvements, and minimally invasive procedures is known as the Australia aesthetic devices market. These gadgets include energy-based technologies, injectable solutions, laser-based systems, and cosmetic implants made for anti-aging, body sculpting, hair removal, and skin rejuvenation. Growing awareness of aesthetic treatments and the quick development of new gadgets are the main factors driving the Australia aesthetic devices market. The country's market for aesthetic gadgets is anticipated to develop as a result of shifting lifestyles, rising fashion trends, and beauty consciousness. The aging population has a specific need for aesthetic devices that target wrinkle removal and skin regeneration, which is driving Australia aesthetic devices market. The Australia aesthetic devices market is anticipated to grow as a result of the integration of artificial intelligence and customized treatment regimens.    

Report Coverage

This research report categorizes the market for the Australia aesthetic devices market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia aesthetic devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia aesthetic devices market.

Driving Factors

The Australia aesthetic devices market is growing as more sophisticated, non-invasive aesthetic technologies like 3D imaging and AI-based skin analysis are introduced. The main factors driving the Australia aesthetic devices market are the growing number of elderly people and the development of aesthetic gadgets.  It is anticipated that the aging population is going to accelerate the expansion of the Australia aesthetic devices market. The Australia aesthetic devices market is driven by consumers' growing demand for minimally invasive or non-invasive cosmetic procedures. The demand for cosmetic gadgets is rising as a result of the aging population looking for anti-aging therapies.  

Restraining Factors

A large percentage of the population may not be able to afford the many pricey aesthetic items. Despite increased interest, many potential customers choose not to undergo expensive procedures, which restrict the Australia aesthetic devices market.  

Market Segmentation

The Australia aesthetic devices market share is classified into type of device and application.  

• The energy-based aesthetic device segment accounted for the largest share of the Australia aesthetic devices market in 2023 and is anticipated to grow at a significant CAGR during the forecast period 

On the basis of type of device, the Australia aesthetic devices market is divided into energy-based aesthetic device and non-energy-based aesthetic device. Among these, the energy-based aesthetic device segment accounted for the largest share of the Australia aesthetic devices market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Developments in laser-based systems, radiofrequency technologies, and ultrasound devices, which are often used for hair removal, body contouring, and skin tightening, are driving the energy-based aesthetic devices market.   

• The breast augmentation segment accounted for the largest share of the Australia aesthetic devices market in 2023 and is anticipated to grow at a rapid pace during the projected period.     

On the basis of application, the Australia aesthetic devices market is divided into skin resurfacing, body contouring and cellulite reduction, hair removal, facial aesthetic procedures, breast augmentation, skin tightening, and others. Among these, the breast augmentation segment accounted for the largest share of the Australia aesthetic devices market in 2023 and is anticipated to grow at a rapid pace during the projected period. Implants are positioned behind the chest muscle or below the breast tissue to achieve breast augmentation. Medical devices known as breast implants are used to increase the size of the breasts for cosmetic, reconstructive, or congenital deformity causes.  

Competitive Analysis:  

The report offers the appropriate analysis of the key organizations/companies involved within the Australia aesthetic devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• AbbVie Inc
• Lumenis Inc.
• Allergen
• Cutera, Inc.
• Cynosure
• Alma Lasers
• Hologic
• Candela Corporation
• Bausch Health Companies Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In June 2022, Beauty Expo was launched Industry experts must attend the Australian Beauty and Aesthetics Conference, a two-day beauty and aesthetics extravaganza that would take place in Sydney from August 20 to August 21, 2022. 

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia aesthetic devices market based on the below-mentioned segments:

Australia Aesthetic Devices Market, By Type of Device

• Energy-based Aesthetic Device
• Non-energy-based Aesthetic Device

Australia Aesthetic Devices Market, By Application

• Skin Resurfacing
• Body Contouring and Cellulite Reduction
• Hair Removal
• Facial Aesthetic Procedures
• Breast Augmentation
• Skin Tightening
• Others