Skin Aesthetic Devices Market Growth, Insights and Forecast Research Report to 2027
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The skin aesthetic devices market by product is segmented into laser skin resurfacing devices, nonsurgical skin tightening devices, micro-needling products and light therapy device. In 2019, the laser skin resurfacing devices held the largest share of the market, by product. Also, nonsurgical skin tightening devices segment is expected to grow at the fastest rate during the coming years owing to increasing adoption of integrated systems across the globe. The large share of laser skin resurfacing devices can be attributed to various advantages as this device reduce the appearance of fine lines, age spots, and wrinkles on the face; make the skin tone and texture even; and tone down the acne scars. Such advantages of the laser resurfacing process are likely to contribute to the growth of the market for this segment in the coming years. On the other hand, the nonsurgical skin tightening devices is anticipated to witness the highest growth rate during the forecast period. The treatments provided through the use of the most of the nonsurgical skin tightening devices are quick and efficient, and are associated with low downtime. As a result, the increasing popularity of skin tightening treatments is expected to contribute to the growth of the market for this segment over the years to come.
Factors such as increase in number of cosmetic surgeries and rising preference toward minimally invasive procedures are expected to upsurge the market growth. However, high cost of surgeries along with clinical risks and complications associated with aesthetic procedures is likely to hamper the growth of the market.
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Some of the prominent players operating in skin aesthetic devices market are, LUMENIS, Cutera inc., Merz Pharma, Candela Corporation, Sciton, inc., Fotona, Venus Concept, Allergan plc., Cynosure, Alma Lasers. The market players are focused towards launching new products in order to sustain their position in the market. For instance, in Sep 2019, Cutera Inc. received product approval for its truSculpt iD, body sculpting platform from Health Canada. Through this approval, the company can distribute its newly approved product in Canada.
Major Features of Skin Aesthetic Devices Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Skin Aesthetic Devices 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 procurement as-a-service 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 commercial interest with respect to client products, segmentation, pricing and distribution.
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