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- Global Skincare Devices Market Size, Share, Trends Report Segmented by Type (Laser, Light Therapy, RF, Liposuction, Dermatoscopes), Application (Acne, Hair Removal, Body Contouring, Cancer), End User (Hospitals, Clinics) Industry Growth Analysis & Regional Forecasts 2024 to 2029
The global skincare devices market is expected to grow at a CAGR of 10-12% in the next 5 years. The rising demand for anti-aging treatments, growing consumer awareness about skincare, growing disposable income, increasing availability of advanced technologies, and rising demand for non-invasive treatments are some of the key factors driving the skincare device market. To learn more about the research report, download a sample report.
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- DESCRIPTION
- TABLE OF CONTENTS
- METHODOLOGY
- SAMPLE DELIVERABLES
Report Overview
Skincare devices include tools/systems that are designed for thediagnosis or treatment of specific skin concerns to improve overall skin health and appearance. Like other fields, skincare is also experiencing digital transformation with innovative technologies such as artificial intelligence (AI), wearable technology, advanced laser and ultrasound machines, 3D printing, virtual and augmented reality technologies, and nanotechnology. All these advancements help enrich theconsumer experience, better analyze skin conditions, improve product efficiency and provide non-invasive options with minimal downtime.
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Rising demand for non-invasive procedures to propel skincare devices market growth
Some of the most common non-surgical procedures performed worldwide include botulinum toxin, hyaluronic acid, hair removal, skin tightening, chemical peel, and non-surgical fat reduction. As per the American Society of Plastic Surgeons (ASPS), in the US, 25 million cosmetic minimally invasive procedures were performed in 2023 compared to 23.6 million in 2022 (7% growth). Overall, the demand for non-invasive procedures is increasing driven by factors such as demand for procedures that cause minimum pain or discomfort, increasing availability of technologically advanced machines, growing awareness of the benefits of non-invasive/minimally invasive procedures, andshorter recovery times over traditional procedures making them more appealing to busy individuals. The growing demand for non-invasive skincare procedures would in turn drive the skincare devices market growth.
Growing consumer awareness about skincare and anuptick in theuse of at-home devices further drive market growth
There is a growing emphasis on overall wellness, including maintaining healthy skin. The skincare devices industry has witnessed remarkable growth in recent years with the rising consumers' focus on personal appearance and willingness to invest in skin treatments that promote healthy and radiant skin and target issues such as acne, aging, and pigmentation. Moreover, there is arise in theuptake of compact devices for home use that target wrinkles, fine lines, and blemishes. Devices like LED masks, microcurrent, and radiofrequency tools that help with collagen production, reducing inflammation, and improving skin texture are gaining popularity for their ability to provide professional-level treatments at home.
To learn more about this report, download the PDF brochure
Competitive Landscape Analysis
The global skincare devices market is marked by the presence of established, innovative, and emerging market players such as Alma Lasers, Lumenis, Canfield Scientific, Inc., Cutera, Johnson & Johnson, Cynosure, Solta Medical, Image Derm, Foreo, Aesthetics Biomedical; among others. Some of the key strategies adopted by market players include product innovation and development, and strategic partnerships and collaborations.
Report Scope
| Report Scope | Details |
| Base Year Considered | 2023 |
| Historical Data | 2022 – 2023 |
| Forecast Period | 2024 – 2029 |
| Growth Rate | CAGR of 10-12% |
| Market Drivers |
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| Market Restraints/Challenges |
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| Segment Scope | Type, Application, End User |
| Regional Scope |
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| Key Companies Mapped | Alma Lasers, Lumenis, Canfield Scientific, Inc. Cutera, Johnson & Johnson, Cynosure, Solta Medical, Image Derm, Foreo, Aesthetics Biomedical; among others |
| Report Highlights | Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Market Segmentation
This report by Medi-Tech Insights provides thesize of the global Skincare Devices market at theregional- and country-level from 2022 to 2029. The report further segments the market based on type, application, and end user.
- Market Size & Forecast (2022-2029), By Type, USD Million
- Therapeutic Devices
- Laser Devices
- Light Therapy Devices
- Microneedling Devices
- Radiofrequency (RF) Devices
- Microdermabrasion Devices
- Liposuction Devices
- Ultrasonic Devices
- Others
- Diagnostic Devices
- Dermatoscopes
- Microscopes
- Others
- Therapeutic Devices
- Market Size & Forecast (2022-2029), By Application, USD Million
- Acne, Scar & Pigmentation
- Hair and Tattoo Removal
- Body Contouring & Fat Removal
- Skin Cancer Diagnosis
- Skin Tightening & Rejuvenation
- Others
- Market Size & Forecast (2022-2029), By End User, USD Million
- Hospitals
- Dermatology Clinics
- Homecare settings
- Others
- Market Size & Forecast (2022-2029), By Region, USD Million
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
- North America
Key Strategic Questions Addressed
What is the market size & forecast of the skincare devices market?
What are the historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the skincare devices market?
What are the key trends defining the market?
What are the major factors impacting the market?
What are the opportunities prevailing in the market?
Which region has the highest share in the global market?
Which region is expected to witness the highest growth rate in the next 5 years?
Who are the major players operating in the market?
What are the key strategies adopted by players?
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers, Others
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, Business Development Managers, Consultants, Others
Demand Side Stakeholders:
- Hospitals, Dermatology Clinics, Others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data
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