According to Fact MR’s recent market research, sales of Skincare Devices to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
Sales of skincare devices were valued at US$ 12 Bn in 2021, and are expected to gather momentum, reaching US$ 14 Bn by the end of 2022. Furthermore, the market is forecast to expand 3.1x to be valued at US$ 43.48 Bn in 2032.
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The study also provides the dynamics responsible for influencing the future status of the global skincare devices market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
Prominent Skincare Device Manufacturers
- Alma Lasers
- Cynosure Inc.
- Solta Medical Inc.
- Cutera
- Syneron
- Canfield Scientific Inc.
- 3Gen
- Aesthetic Group
- Ambicare Health
- Image Derm Inc.
Report AttributeDetailsDocumented Market Value in 2021US$ 12 BnAnticipated Market Value in 2022US$ 14 BnProjected Forecast Value in 2032US$ 43.48 BnGlobal Growth Rate (2022-2032)12% CAGRMarket Share of North America42%Growth Rate of Asia Pacific9.9% CAGR
Skincare device sales are expected to be maximum across hospitals, comprising over 2/5th of global market demand, while over 1/10th of skincare devices are expected to be deployed for hair removal purposes. The market is likely to expand its outreach by virtue of increased penetration of key technological advancements.
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Key Segments Covered in the Skincare Devices Market Report
- By Product :
- Diagnostic Devices
- Dermatoscopes
- Microscopes
- Biopsy Devices
- Other Imaging Devices
- Treatment Devices
- Light Therapy Devices
- Lasers
- Electrosurgical Equipment
- Liposuction Devices
- Microdermabrasion Devices
- Cryotherapy Devices
- By Application :
- Diagnostic Devices
- Skin Cancer Diagnosis
- Other Skincare Diagnostic Devices
- Skincare Treatment Devices
- Skincare Devices for Hair Removal
- Skincare Devices for Skin Rejuvenation
- Skincare Devices for Acne, Psoriasis & Tattoo Removal
- Skincare Devices for Wrinkle Removal and Skin Resurfacing
- Skincare Devices for Body Contouring and Fat Removal
- Skincare Devices for Cellulite Reduction
- Skincare Devices for Vascular and Pigmented Lesion Removal
- Other Skincare Treatment Devices
- By End Use :
- Skincare Devices for Hospitals
- Skincare Devices for Clinics
- Skincare Devices for Other End Uses
Competitive Landscape
Key players of the global skincare devices market adopt various tactics to enhance their customer base. Acquisition, partnership, and collaboration are some of the methods adopted by the vendors to strengthen their position in the market. Some of the developments among the key players are:
- In August 2020, Shiseido inked an agreement to enter into a Joint Venture with Ya-Man Ltd. The new company, called Effectim Co began the operations in October 2020 and owned 65:35 in favor of Shiseido.
- In November 2021, Lancer Skincare joined hands with the tech startup ByondXR and launched The Virtual Lancer Dermatology Shop. The new virtual store will offer in-home benefits of Lancer dermatology through a digital platform.
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Report Benefits & Key Questions Answered
- Skincare Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Skincare Devices Historical volume analysis: The report provides a comparison of Skincare Devices ‘s historical sales and projected sales performance for 2021-2031.
- Skincare Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Skincare Devices It carefully gauges the impact of changing healthcare needs of key demographics globally
- Skincare Devices Consumption by demographics: The report investigates consumer behavior affecting Skincare Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Skincare Devices market is carefully analyzed
- Post COVID consumer spending on Skincare Devices : Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Skincare Devices market growth.
More Valuable Insights on Skincare Devices Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Skincare Devices , Sales and Demand of Skincare Devices , analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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