Increasing awareness of individuals regarding aesthetic appeal resulting in adoption of skincare devices is a key factor driving market revenue growth.
Market Size - USD 13.54 Billion in 2020, Market Growth - CAGR of 13.3%, Market Trends - Rising number of cosmetic surgeries to enhance beauty among individuals across the globe.
The global skincare devices market size is expected to reach USD 37.42 Billion in 2028, and register a CAGR of 13.3% during the forecast period. Increasing spending on skincare and rising number of surgeries across the globe are some of the major factors expected to drive growth of the global skincare devices market. According to a study, over 1.8 Million cosmetic surgeries were performed in 2018, and number of surgical procedures is expected to increase in the years to come. Additionally, according to the American Society for Aesthetic Plastic Surgery, Americans spent more than USD 15 Billion on surgical and nonsurgical aesthetic procedures, accounting for an 11% increase over the past year alone.
Some Key Findings From the Report:
For the purpose of this report, the global skincare devices market is segmented on the basis of type, distribution channel, application, end-use, and region:
Type Outlook
Distribution Channel Outlook
Application Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 13.54 Billion in 2020, Market Growth - CAGR of 13.3%, Market Trends - Rising number of cosmetic surgeries to enhance beauty among individuals across the globe.
The global skincare devices market size is expected to reach USD 37.42 Billion in 2028, and register a CAGR of 13.3% during the forecast period. Increasing spending on skincare and rising number of surgeries across the globe are some of the major factors expected to drive growth of the global skincare devices market. According to a study, over 1.8 Million cosmetic surgeries were performed in 2018, and number of surgical procedures is expected to increase in the years to come. Additionally, according to the American Society for Aesthetic Plastic Surgery, Americans spent more than USD 15 Billion on surgical and nonsurgical aesthetic procedures, accounting for an 11% increase over the past year alone.
Some Key Findings From the Report:
- Among the product type segments, the diagnostic devices segment accounted for the largest revenue share of 81.5% in 2020.
- Among the regional markets, the North America market is expected to dominate in the global skincare devices market over the forecast period.
- The Asia Pacific market size was USD 3,113.9 Million in 2020, and revenue from the APAC market is expected to expand at a robust growth rate during the forecast period.
- Europe market accounted for third-largest revenue share in the global market in 2020, and is expected to register moderately steady revenue growth rate during the forecast period.
- Key players profiled in the report include Michelson Diagnostic Ltd., Merz Pharma GmbH & Co. KGaA, Lumenis Ltd., Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Valeant Pharmaceuticals International Inc., Galderma SA, Beijing Toplaser Technology Co Ltd., Syneron Medical Ltd., and Panasonic Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global skincare devices market is segmented on the basis of type, distribution channel, application, end-use, and region:
Type Outlook
- Treatment Devices
- Diagnostic Devices
- Biopsy Devices
- Dermatoscopes
- Others
Distribution Channel Outlook
- Direct
- Indirect
Application Outlook
- Hair Removal
- Skin Rejuvenation
- Diseases Diagnosis
- Cellulite Reduction
- Skin Tightening & Body Contouring,
- Others
End-Use Outlook
- Dermatology Clinics
- Hospitals
- Spas and Salons
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Skincare Devices Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Skincare Devices Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Skincare device Segmentation & Impact Analysis
Chapter 5. Skincare device Market By Type Insights & Trends
Chapter 6. Skincare device Market By distribution channel Insights & Trends
Chapter 7. Skincare device Market By application Insights & Trends
Chapter 8. Skincare device Market By End Use Insights & Trends
Chapter 9. Skincare device Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles