Skincare Treatment Devices Market Products Research by Top Companies till 2028

According to our latest study on "Skincare Treatment Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product, Application, Distribution Channel and End User," the market is expected to grow from US$ 10,898.26 million in 2021 to US$ 23,378.96 million by 2028; it is estimated to grow at a CAGR of 11.5% from 2021 to 2028. The report highlights the key factors driving the market and prominent players with their developments in the market.

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Speaking about this research report in particular, it includes:

• Five Types of Segmentations (by Product, Power, Application, Distribution Channel, Region)
• Five Major Regions (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
• Market Information For 10 Years (2019 & 2020 - Historic Years, 2021 - Base Year and 2022-2028 Forecast Period)
• Key Industry Dynamics including factors that are Driving the Market, Prevailing Deterrent, Potential Opportunities as Well as Future Trends.
• Ten Company Profiles
• Industry Landscape Analysis
• Analysis of COVID-19 Impact on this market at Global and Regional Level.

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Impact of COVID-19 Pandemic on Skincare Treatment Devices Market:

The COVID-19 outbreak has resulted in dramatic reductions in non-urgent medical services. From 2020 to mid-2021, countries around the globe have imposed lockdowns, which delayed hospital visits. Thus, the delayed hospital visits have shown critical impact on health and delayed the diagnosis of various critical conditions such as skin cancer, skin disorders and other abnormalities. Hospitals experienced drastic reductions in skin biopsies, aesthetic procedures, and other diagnostic procedures for skin disorders. For instance, according to a research article published in March 2021, universal healthcare claims in Ontario showed a drastic drop in total skin biopsies. There was a 15% drop in biopsies from the expected rate. The lockdown has significantly reduced cosmetic and aesthetic procedures as they were considered non-urgent services. The lockdown allowed only emergency procedures with stringent preventive measures to avoid the spread of the virus.

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The lockdown has also led to the closure of product units, sales, supply chain, and R&D activities for skincare treatment devices. It also delayed the product launches planned by the manufacturers for 2019 and 2020. After the launch of the vaccines in 2021, the situation was under control. Governments relaxed the restrictions on various services, which has created opportunities for the growth of the skincare treatment devices market. Thus, the COVID-19 pandemic has negatively affected the growth of the skincare treatment devices market.

Top Companies are:

Allergan; Cutera; Merz Pharma; Hologic, Inc.; Candela Corporation; Panasonic Corporation; Michelson Diagnostics Ltd.; Bausch Health Companies, Inc.; Lumenis BE Ltd.; and Photomedex Inc. are among the leading companies operating in skincare treatment devices market.

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Contact us:

If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About The Insight Partners:

The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
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This release was published on openPR.