COVID-19 Impact on Skin Aesthetic Devices Market 2020| Analysis By LUMENIS, Cutera, Merz Pharma, Candela Corporation, Sciton, Fotona, Venus Concept, Allergan, Cynosure, Alma Lasers

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Life science Industry, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Skin Aesthetic Devices market globally. This report on 'Skin Aesthetic Devices market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

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According to The Insight Partners market research study titled 'Skin Aesthetic Devices Market - Global Analysis and Forecasts by Product,treatment and End User,the global skin aesthetic devices market is expected to reach US$ 4,332.90 Mn in 2027 from US$ 1,797.49 Mn in 2019. The market is estimated to grow with a CAGR of 11.7% from 2020-2027.The report highlights the trends prevalent in the global skin aesthetic devicesmarket and the factors driving the market along with those that act as deterrents to its growth.

Company Profiles

LUMENIS
Cutera inc.
Merz Pharma
Candela Corporation
Sciton, inc.
Fotona
Venus Concept
Allergan plc.
Cynosure
Alma Lasers

Market Insights

Increasing number of cosmetic surgeries

Cosmetic surgery, also known as aesthetic surgery, is an operation that improves a person's look. Such operations include breast augmentation, liposuction, rhinoplasty, blepharoplasty or eyelid surgery, and rhytidectomy or facelift. The most popular surgical cosmetic procedures in 2017 were breast augmentation, followed by liposuction and eyelid surgery. The primary purpose of cosmetic surgery is to enhance an individuals' appearance. Size acceptance, body positivity, and fat activism are now part of the cultural lexicon. Yet, according to data from the American Society of Plastic Surgeons(ASPS), reported that nearly a quarter-million more cosmetic procedures were performed in 2018 than in 2017.

According to an international study on cosmetic procedures, total surgical procedures increased by 5.4%in 2018. The US witnesses maximum number of medical surgeons, with 7,009 plastic surgeons. Additionally, the number of people opting for cosmetic procedures has risen steadily over the past five years. They are thereby driving the market for skin aesthetic devices during the forecast period.

Products Insights

The laser skin resurfacing devices captured the largest share in the global skin aesthetic devices market. The growth of the segment is attributed to an increasing adoption of this method due to extended range of advantages as lasers are considered to have multiple benefits and improve the texture and other problems on the skin such as acne, fine lines, wrinkles, scarring and others. Moreover, the ease of use facilitated by these devices making them ideal to be used by healthcare professionals across the world is also projected to drive the growth of the segment during the forecast period.

TOC of Market Report Contains:

Industry Overview
Production Market Analysis
Sales Market Analysis
Consumption Market Analysis
Production, Sales and Consumption Market Comparison Analysis
Major Manufacturers Production and Sales Market Comparison Analysis
Major Type of Analysis
Major Organization Size Analysis
Industry Chain Analysis
Global and Regional Market Forecast
Major Manufacturers Analysis
New Project Investment Feasibility Analysis
And More...

The report segments the global skin aesthetic devicesmarket as follows:

Global Skin Aesthetic Devices Market - By Product

Laser Skin Resurfacing Devices
Nonsurgical Skin Tightening Devices
Micro-Needling Products
Light Therapy Device

Global Skin Aesthetic Devices Market - By Treatment

Laser Skin Tightening
Instant Rejuvenation
Body Contouring
Laser Lipo
Other Treatments

Global Skin Aesthetic Devices Market - By End User

Hospitals and Aesthetic Clinics
Medical Spas and Beauty Salons
Home Settings

Global Skin Aesthetic DevicesMarket - By Geography

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America (SCAM)

Reasons To Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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