The "Skincare Devices Market Size, Share & Trends Analysis Report by Product, by Application (Disease Diagnosis & Treatment, Hair Removal, Skin Rejuvenation, Cellulite Reduction, Body Contouring), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global skincare devices market size is expected to reach USD 34.3 billion by 2030, registering a CAGR of 11.9%. An increasing number of skin-related disorders such as cancer and assorted disorders are likely to increase the adoption rate of these devices.
Rising use of home-care products and growing medical spa treatments are some of the key trends stimulating market growth. Some of the key factors that are driving growth are technological advancements, growing appearance consciousness, and rising disposable income.
Growing awareness regarding the benefits of skin rejuvenation amongst patients, rising demand for aesthetics, and increasing incidence of skin disorders are among the primary growth stimulants. Syneron Medical, a U.S.-based company, is one of the biggest players in the skin rejuvenation market. Its product is known as VelaSmooth which has been approved by the U.S. FDA.
The market is projected to witness significant growth over the forecast period, owing to the rising prevalence of skin diseases. Technological advancements, extremely effective devices, and increasing acceptance of these devices as they are non-invasive, are some of the factors escalating the growth of the market.
Furthermore, surging demand for processes such as liposuction, body contouring, skin rejuvenation, and tightening is anticipated to accelerate the growth of the market. However, equipment costs and competitive pricing are limiting the market from realizing its utmost potential.
Skincare Devices Market Report Highlights
- Cellulite reduction was the largest segment in 2014 owing to its wide acceptance and usage globally.
- The body contouring and skin tightening segment is expected to witness the fastest growth over the forecast period due to the rising demand for aesthetic procedures.
- North America was the largest region in 2016 owing to technological advancements, well-established infrastructure, and the presence of high-income buyers.
- Asia Pacific is likely to be the fastest-growing region owing to the availability of cost-effective devices and rising disposable income.
- Some of the prominent players of the market are Syneron Medical Ltd; Philips; Solta Medical Inc.; Alma Lasers Ltd; Schick Medical; Lumenis Ltd.; and PhotoMedex. The key players are engaging in different marketing strategies to increase their market shares.
Companies Mentioned
- Alma Lasers
- Cynosure, Inc.
- Solta Medical, Inc.
- Cutera
- Syneron.
- Canfield Scientific, Inc.
- 3Gen.
- Aesthetic Group.
- Ambicare Health.
- Image Derm, Inc.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Skincare Devices Market Variables, Trends & Scope
3.1. Market Lineage outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Product Pipeline Analysis
3.4. Regulatory Framework
3.4.1. Reimbursement framework
3.4.2. Standards & Compliances
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Skincare Devices: Market Analysis Tools
3.6.1. Industry Analysis-Porter's
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from new entrant:
3.6.1.5. Competitive rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Legal Landscape
3.6.3. Major Deals & Strategic Alliances Analysis
3.6.3.1. Joint Ventures
3.6.3.2. Mergers & Acquisitions
3.6.3.3. Licensing & Partnership
3.6.3.4. Technology Collaborations
3.6.3.5. Strategic Divestments
Chapter 4. Skincare Devices Market: Segment Analysis, By Product, 2018-2030 (USD Million)
4.1. Product market share analysis, 2021 & 2030
4.2. Segment Dashboard
4.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.3.1. Diagnostic devices
4.3.1.1. Dermatoscopes
4.3.1.2. Microscopes
4.3.1.3. Other Imaging Devices
4.3.1.4. Biopsy Devices
4.3.2. Treatment devices
4.3.2.1. Light Therapy Devices
4.3.2.2. Lasers
4.3.2.3. Electrosurgical Equipment
4.3.2.4. Liposuction Devices
4.3.2.5. Microdermabrasion Devices
4.3.2.6. Cryotherapy Devices
Chapter 5. Skincare Devices Market: Segment Analysis, By Application, 2018-2030 (USD Million)
5.1. Application market share analysis, 2021 & 2030
5.2. Segment Dashboard
5.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.3.1. Diagnostic devices
5.3.1.1. Skin Cancer Diagnosis
5.3.1.2. Other
5.3.2. Treatment devices
5.3.2.1. Hair Removal
5.3.2.2. Skin Rejuvenation
5.3.2.3. Acne, Psoriasis, and Tattoo Removal
5.3.2.4. Wrinkle Removal and Skin Resurfacing
5.3.2.5. Body Contouring and Fat Removal
5.3.2.6. Cellulite Reduction
5.3.2.7. Vascular and Pigmented Lesion Removal
5.3.2.8. Others
Chapter 6. Skincare Devices Market: Segment Analysis, By End Use, 2018-2030 (USD Million)
6.1. End-use market share analysis, 2021 & 2030
6.2. Segment Dashboard
6.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
Chapter 7. Skincare Devices Market: Regional Market Analysis, 2018-2030 (USD Million)
7.1. Regional market share analysis, 2021 & 2030
7.2. Regional Market Dashboard
7.3. Market Size, & Forecasts, and Trend Analysis, 2018 to 2030:
7.4. North America
7.5. Europe
7.6. Asia Pacific
7.7. Latin America
7.8. Middle East and Africa
Chapter 8. Skincare Devices Market-Competitive Analysis
For more information about this report visit https://www.researchandmarkets.com/r/5f6aeh.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220308006140/en/
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