The global skincare devices market size was estimated to be USD 15.87 billion in 2023 and is expected to reach at USD 57.29 billion by 2034 with a CAGR of 12.38% during the forecast period 2024-2034. The rise in the occurrence of skin cancer & various skin diseases, an increasing level of awareness & interest among individuals in aesthetic appeal, continuous technological advancements in skincare devices, a heightened demand for swift & effective diagnostic devices to enable early diagnosis & treatment, an increasing awareness concerning aesthetic appeal, a surge in the introduction of new devices, and a growing regulatory approval of innovative skincare devices are some of the key factors boosting the market growth.
A growing regulatory approval of innovative skincare devices is predicted to boost the market growth during the forecast period. Devices designed to enhance and optimize skincare routines are referred to as skincare devices. These gadgets address various skin concerns by employing advanced technologies like microcurrents, LED lights, and ultrasonic waves. LED therapy masks, microdermabrasion tools, and lasers are commonly utilized in skincare. The primary objective of these devices is to enhance the efficacy of skincare products and promote the production of collagen for healthier skin. For instance, in June 2023, CUTERA, INC. has disclosed a recent clearance by the U.S. Food and Drug Administration for AviClear, marking it as a prolonged treatment option for mild to severe cases of inflammatory acne vulgaris. This marks the first acne treatment to assert enduring efficacy across mild, moderate, and severe acne conditions.
By product, treatment devices was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the broad range of applications for dermatology treatment and the increasing introduction of new technologies in the category of laser devices. For instance, in June 2023, Shenzhen Hongwang Nicemay Electric, a pioneering force in the beauty sector, is excited to introduce two groundbreaking skincare devices: the Photon Therapy RF Skin Rejuvenating Device and the RF Skin Tightening Beauty Device. Additionally, diagnostic devices is predicted to grow at the fastest CAGR during the forecast period owing to the increase in the occurrence of diverse skin infections, continuous technological advancements, and a rising introduction of innovative diagnostic devices for disease detection.
By application, treatments was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the increasing request for hair removal procedures, a surge in the desire for cosmetic laser treatments like tattoo removal, skin resurfacing, and skin tightening, a rising need for aesthetic treatments, a growing acceptance of technologically advanced and efficient dermatology devices, and an uptick in the introduction of new devices. For instance, in October 2022, Promoitalia, a company specializing in cosmetic products, launched iWave, a cutting-edge device for microwave body contouring. This distinctive device has proven to be both safe and effective in the process of reducing fat. Additionally, diagnostic is predicted to grow at the fastest CAGR during the forecast period owing to the demand for disease diagnosis is on the rise, accompanied by an increasing adoption of technologically advanced products for diagnosing diseases.
By end-user, hospital was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the presence of sophisticated skincare equipment in hospital environments, the wide array of available treatment options, and a rise in the number of patients seeking medical attention at hospitals. Additionally, clinic is predicted to grow at the fastest CAGR during the forecast period owing to the growing number of clinics providing dermatology services, with treatments being more cost-effective in clinics compared to hospitals. This has led to an increase in the number of visits for skin treatments at these facilities, coupled with a rise in the introduction of advanced devices. For instance, in September 2022, AMIRO, a prominent provider of beauty and skincare technology solutions, conducted a product launch event where they revealed two groundbreaking products of the year: the AMIRO S2 SEAL skin-tightening device and the AMIRO LumoMax LED light facial beauty device.
By distribution channel, supermarkets/hypermarkets was the highest revenue-grossing segment in the global skincare devices market in 2023 as it is the primary choice of consumers, with an increasing number of supermarkets, hypermarkets, and minimarkets. Additionally, online retail channels is predicted to grow at the fastest CAGR during the forecast period owing to the increasing penetration of the internet, along with the rise in sales through online pharmacies, a change in consumers' purchasing preferences towards digital platforms, and the presence of new products on online channels. For instance, in December 2023, Geske German Beauty Tech has declared its expansion into the U.S. market, making over 40 products accessible through Geske.com, Amazon, and Urban Outfitters. The brand's SmartAppGuided skincare collection includes 250 clinically tested and inventive skincare devices. The AI-driven app aids users in creating personalized skincare routines based on their skin's requirements, utilizing its technology-focused beauty devices.
North America region is anticipated for the highest revenue share during the forecast period owing to the rise in the occurrence of skin cancer and various skin conditions such as acne, rosacea, & eczema, an increasing acceptance of diverse cosmetic procedures, and increase in the introduction of new products. For instance, in November 2023, GlowBirds Sonic has introduced the GlowBirds Sonic Facial Cleansing Brush, designed to effectively eliminate impurities responsible for blemishes while keeping the skin soft. This brush is emerging as a promising solution for achieving a more radiant and smooth facial appearance, delivering blemish-free skin. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the expansion of medical tourism in the area, increase in advancements in medical technologies, the accessibility of cost-effective treatment choices, a rising awareness of beauty among both men and women, and an uptick in mergers and acquisitions among prominent industry players. For instance, in September 2022, Amorepacific, a prominent cosmetics company based in South Korea, has successfully acquired Tata Harper, a well-known luxury brand specializing in clean beauty and natural skincare. This acquisition reflects Amorepacific's strategic move to broaden its presence in global markets, with a specific focus on engaging North American consumers.
A growing regulatory approval of innovative skincare devices is predicted to boost the market growth during the forecast period. Devices designed to enhance and optimize skincare routines are referred to as skincare devices. These gadgets address various skin concerns by employing advanced technologies like microcurrents, LED lights, and ultrasonic waves. LED therapy masks, microdermabrasion tools, and lasers are commonly utilized in skincare. The primary objective of these devices is to enhance the efficacy of skincare products and promote the production of collagen for healthier skin. For instance, in June 2023, CUTERA, INC. has disclosed a recent clearance by the U.S. Food and Drug Administration for AviClear, marking it as a prolonged treatment option for mild to severe cases of inflammatory acne vulgaris. This marks the first acne treatment to assert enduring efficacy across mild, moderate, and severe acne conditions.
By product, treatment devices was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the broad range of applications for dermatology treatment and the increasing introduction of new technologies in the category of laser devices. For instance, in June 2023, Shenzhen Hongwang Nicemay Electric, a pioneering force in the beauty sector, is excited to introduce two groundbreaking skincare devices: the Photon Therapy RF Skin Rejuvenating Device and the RF Skin Tightening Beauty Device. Additionally, diagnostic devices is predicted to grow at the fastest CAGR during the forecast period owing to the increase in the occurrence of diverse skin infections, continuous technological advancements, and a rising introduction of innovative diagnostic devices for disease detection.
By application, treatments was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the increasing request for hair removal procedures, a surge in the desire for cosmetic laser treatments like tattoo removal, skin resurfacing, and skin tightening, a rising need for aesthetic treatments, a growing acceptance of technologically advanced and efficient dermatology devices, and an uptick in the introduction of new devices. For instance, in October 2022, Promoitalia, a company specializing in cosmetic products, launched iWave, a cutting-edge device for microwave body contouring. This distinctive device has proven to be both safe and effective in the process of reducing fat. Additionally, diagnostic is predicted to grow at the fastest CAGR during the forecast period owing to the demand for disease diagnosis is on the rise, accompanied by an increasing adoption of technologically advanced products for diagnosing diseases.
By end-user, hospital was the highest revenue-grossing segment in the global skincare devices market in 2023 owing to the presence of sophisticated skincare equipment in hospital environments, the wide array of available treatment options, and a rise in the number of patients seeking medical attention at hospitals. Additionally, clinic is predicted to grow at the fastest CAGR during the forecast period owing to the growing number of clinics providing dermatology services, with treatments being more cost-effective in clinics compared to hospitals. This has led to an increase in the number of visits for skin treatments at these facilities, coupled with a rise in the introduction of advanced devices. For instance, in September 2022, AMIRO, a prominent provider of beauty and skincare technology solutions, conducted a product launch event where they revealed two groundbreaking products of the year: the AMIRO S2 SEAL skin-tightening device and the AMIRO LumoMax LED light facial beauty device.
By distribution channel, supermarkets/hypermarkets was the highest revenue-grossing segment in the global skincare devices market in 2023 as it is the primary choice of consumers, with an increasing number of supermarkets, hypermarkets, and minimarkets. Additionally, online retail channels is predicted to grow at the fastest CAGR during the forecast period owing to the increasing penetration of the internet, along with the rise in sales through online pharmacies, a change in consumers' purchasing preferences towards digital platforms, and the presence of new products on online channels. For instance, in December 2023, Geske German Beauty Tech has declared its expansion into the U.S. market, making over 40 products accessible through Geske.com, Amazon, and Urban Outfitters. The brand's SmartAppGuided skincare collection includes 250 clinically tested and inventive skincare devices. The AI-driven app aids users in creating personalized skincare routines based on their skin's requirements, utilizing its technology-focused beauty devices.
North America region is anticipated for the highest revenue share during the forecast period owing to the rise in the occurrence of skin cancer and various skin conditions such as acne, rosacea, & eczema, an increasing acceptance of diverse cosmetic procedures, and increase in the introduction of new products. For instance, in November 2023, GlowBirds Sonic has introduced the GlowBirds Sonic Facial Cleansing Brush, designed to effectively eliminate impurities responsible for blemishes while keeping the skin soft. This brush is emerging as a promising solution for achieving a more radiant and smooth facial appearance, delivering blemish-free skin. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the expansion of medical tourism in the area, increase in advancements in medical technologies, the accessibility of cost-effective treatment choices, a rising awareness of beauty among both men and women, and an uptick in mergers and acquisitions among prominent industry players. For instance, in September 2022, Amorepacific, a prominent cosmetics company based in South Korea, has successfully acquired Tata Harper, a well-known luxury brand specializing in clean beauty and natural skincare. This acquisition reflects Amorepacific's strategic move to broaden its presence in global markets, with a specific focus on engaging North American consumers.
Segmentation: Skincare Devices Market Report 2023 - 2034
Skincare Devices Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Treatment Devices
- Lasers
- Cryotherapy Devices
- Liposuction Devices
- Light Therapy Devices
- Electrosurgical Equipment
- Microdermabrasion Devices
- Diagnostic Devices
- Biopsy Devices
- Microscopes
- Dermatoscopes
- Other Imaging Devices
Skincare Devices Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Diagnostic Devices
- Skin Cancer Diagnosis
- Other
- Skin Treatment Devices
- Cellulite Reduction
- Skin Rejuvenation
- Hair Removal
- Body Contouring and Fat Removal
- Acne, Psoriasis, and Tattoo Removal
- Vascular and Pigmented Lesion Removal
- Wrinkle Removal and Skin Resurfacing
- Others
Skincare Devices Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Homecare Settings
- Clinics
- Others
Skincare Devices Market Analysis & Forecast by Distribution Channel 2023 - 2034 (Revenue USD Bn)
- Supermarkets/Hypermarkets
- Online Retail Channels
Skincare Devices Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Skincare Devices Market: Product Estimates & Trend Analysis
8. Skincare Devices Market: Application Estimates & Trend Analysis
9. Skincare Devices Market: End-user Estimates & Trend Analysis
10. Skincare Devices Market: Distribution Channel Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Skincare Devices Market
13. Europe Global Skincare Devices Market
14. Asia Pacific Global Skincare Devices Market
15. Latin America Global Skincare Devices Market
16. MEA Global Skincare Devices Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Arthrex Inc.
- Juventix Regenerative Medical LLC.
- EmCyte Corporation
- Apex Biologix
- Stryker
- Celling Biosciences Inc.
- Zimmer Biomet
- Johnson & Johnson Services Inc.
- Dr PRP USA LLC
- Terumo Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 15.87 Billion |
| Forecasted Market Value ( USD | $ 57.29 Billion |
| Compound Annual Growth Rate | 12.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
