Increasing number of cosmetic procedures will foster the Skin Tightening Market

The research report " Global Skin Tightening Market: By Product Type (Radio Frequency, Laser, Ultrasound), By Portability (Portable, Standalone), By Treatment Type (Non-invasive, Minimally Invasive), By Application (Wrinkle Reduction, Face Lifting, Body Lifting, Anti-Aging, Others), and Geography– Global/Region/Country Forecast to 2027", Global Skin Tightening Market is anticipated to witness a CAGR of 12.5% over 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Skin Tightening Market: By Product Type (Radio Frequency, Laser, Ultrasound), By Portability (Portable, Standalone), By Treatment Type (Non-invasive, Minimally Invasive), By Application (Wrinkle Reduction, Face Lifting, Body Lifting, Anti-Aging, Others), and Geography – Global/Region/Country Forecast to 2027",

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Insights into Global Skin Tightening Market Dynamics & different Skin Tightening Methods:
The global skin tightening treatment market was accounted US 1,152.1 Mn in 2020 year, and is expected to gain the significant market growth over the forecast years due to increasing demand of skin treatment in developed as well as developing countries. Skin tightening treatment makes use of different methods to tighten skin like ultrasound, radiofrequency, laser and a few other methods to enhance new elastin and collagen production. These two proteins such as elastin and collagen greatly help skin to stay smooth, firm and tight. It is a minimally invasive procedure expanding at high CAGR owing to technological advancement in skin tightening devices and launch of new products into market. Increasing aging population and their increasing interest to look young are the key boosting factors for skin tightening market growth. Another market propelling factor is increasing awareness about non-surgical skin treatment. A few other factors that will enhance the skin tightening market size are increasing anti-aging issues amid aged people and increasing preference for microneedling technology. Another crucial factor of market growth is growing demand for skin tightening treatment amid middle aged women to enhance the beauty. Increasing awareness programs about significance of skin health is another market driving factor. According to United Nation report, the old age population grown more than twice in number from 1980 to 2017, in 1980 the old age population was around 382 million which is increased into 962 million in 2017 and the number of older persons is expected to double again by 2050. On the other hand, high cost of aesthetic devices and treatment, strict regulation for manufacturing of skin treatment devices lead towards restricting the market growth.

North America Accounts for Larger Market Revenue Share:
Global skin tightening market is categorized into different prominent regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Among all the regions, North America obtained the huge market revenue share owing to the presence of well-developed medical infrastructure and advanced aesthetic medical technologies. Growing geriatric population in USA is projected to grow the market during forecast period 2021-2027. Asia Pacific is anticipated to record a steady growth during the forecast years due to the factors like increasing government initiatives for aesthetic healthcare modification and growing consumer population. The skin tightening market in the Middle East & Africa is anticipated to witness small share in the market because of low per capita disposable earnings in the region. By Application, Wrinkle Reduction accounted for US$ 439.4 Mn in 2020, and is expected to grow at CAGR of 13.3% over the forecast period owing to increasing demand for skin tightening in various face lifting and anti-aging conditions. The Face Lifting and Body Lifting are expected to grow at a significant CAGR values over the forecast period.

Frequent Launch of Skin Tightening Devices by the Market Players will create a lucrative opportunity:
Companies of aesthetic devices manufacturing are focusing on innovation and develop new devices and technologies for betterment of skin treatment.
In April 2019, Hologic, Inc. (U.S.) has launched Trident HD Specimen Radiography System in the U.S., Canada and Europe. In January 2018, Cutera, Inc. launched two new products Juliet and Secret RF. both the products are used in medical aesthetic.

In November 2019, Venus Concept Inc., introduced Trim & Tite, is a new and effective skin tightening solution offered by the Venus Legacy. Sisram Medical launched of BeautiFill, the first laser-based platform to produce high quality autologous fat for holistic body and skin tightening.

These all launches could be seen as lucrative opportunity for the skin tightening and other skin treatment market during the forecast period

Competition Assessment:
There are several major key players operating in the global skin tightening market. For example, Hologic, INC in April 2019 launched Trident HD Specimen Radiography system in the Canada, U.S and Europe. Cutera, INC, in January 2018 launched a product named Secret RF. The secret RF is used for enhancing the mild wrinkles and reducing scars. A few other significant key players to mention here include Venus Concept, Cutera, Inc., Sisram Medical Ltd. (Alma Lasers), Bausch Health Companies Inc., Pharma, GmbH, Lumenis, Lynton Lasers Ltd., Lutronic.

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