Skincare Devices Market Size to Reach US$ 23.9 Billion and Growing at 9.9% CAGR By 2028

According to the report, the global skincare devices market was valued at US$ 11.4 Bn in 2020 and is projected to expand at a CAGR of 9.9% from 2021 to 2028. Skincare devices are gaining importance not only because of extensive usage in aesthetics, but also due to increase in incidence of skin disorders globally. Skincare devices assist in efficient diagnosis and treatment of various skin conditions including skin cancers and dermatological indications such as pigmented lesions, acne, wrinkles, and vascular lesions.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐚𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1244

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐜𝐞 𝐨𝐟 𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐢𝐬𝐨𝐫𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐒𝐮𝐫𝐠𝐞 𝐢𝐧 𝐆𝐞𝐫𝐢𝐚𝐭𝐫𝐢𝐜 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Rapid increase in the incidence rate of skin cancer and other skin disorders across the globe will lead to a surge in the number of patients needing to undergo diagnosis in the form of dermatoscopy and biopsies, as well as the treatment using techniques such as lasabrasion and light therapy. This, in turn, will increase the uptake of skincare devices, thereby driving the market. According to the Skin Cancer Foundation, one in five people in the U.S. will develop skin cancer by the age of 70 and more than two people succumb of skin cancer in the U.S. every hour.

For simple skin related problems such as unwanted hair, wrinkles, and lines, patients prefer faster solutions with minimal pain that will help them resume work at the earliest. Furthermore, the introduction of handheld devices in the microdermabrasion and lasabrasion segments would increase convenience for service providers, thereby driving the uptake of these devices and growth of the overall market.

𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐭𝐨 𝐖𝐢𝐭𝐧𝐞𝐬𝐬 𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝

In terms of type, the global skincare devices market has been bifurcated into diagnostic devices and treatment devices. The diagnostic devices segment has been split into biopsy devices, image guidance systems, and dermatoscopes. The treatment devices segment has been segregated into LED therapy, lasabrasion, liposuction, microdermabrasion, electrosurgical, and cryotherapy.

The LED therapy sub-segment is projected to account for major share of the treatment devices segment during the forecast period. The LED therapy in dermatology, also known as photon rejuvenation therapy, is used to treat acne, reduce fine wrinkles and scars, and for skin rejuvenation.

Presently, manufacturers are offering LED devices that incorporate all the three LED wavelengths in one unit. LED therapy devices are available for both professional and personal use.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 | 𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭 - https://www.transparencymarketresearch.com/checkout.php?rep_id=1244<ype=S

𝐂𝐞𝐥𝐥𝐮𝐥𝐢𝐭𝐞 𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐇𝐞𝐥𝐝 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞

Based on application, the global skincare devices market has been classified into cellulite reduction, disease diagnosis & treatment, hair removal, skin tightening & body contouring, skin rejuvenation, and damage repair. The cellulite reduction segment led the global skincare devices market in terms of revenue in 2020, and the trend is projected to continue during the forecast period. Rise in obesity rates across the world, increase in popularity of non-invasive procedures for fat removal over conventional methods, and large consumer population willing to spend their deposable incomes on these measures are likely to drive the segment during the forecast period.

The disease diagnosis & treatment segment held the second-largest share of the market in 2020. Skincare devices are used in the diagnosis and treatment of various skin disorders and indications, including skin cancer (melanoma and non-melanoma), scabies, warts, fungal infections, psoriasis, and pubic louse. The increase in incidence of these disorders is likely to drive the segment.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

North America dominated the global skincare devices market in 2020, accounting for 40% market share. Presence of large high-income consumer base and introduction of latest technologies for various medical procedures are likely to drive the market in the region. Moreover, surge in geriatric population, increase in incidence of skin disorders, and high adoption of advanced products & techniques are expected to fuel the growth of the market in North America.

Asia Pacific is a rapidly expanding market for skincare devices. The market in the region is likely to expand at a high CAGR from 2021 to 2028, due to rise in demand for skincare devices.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The global skincare devices market is fragmented due to presence of large number of leading players. Key players operating in the market include Alma Lasers, Inc., Cutera, Inc., Cynosure, Inc., GE Healthcare, Human Med AG, Lumenis, Ltd., Michelson Diagnostics, Photomedex, Inc., Solta Medical, Inc., and Syneron Medical Ltd.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1244

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐓𝐲𝐩𝐞
𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜 𝐃𝐞𝐯𝐢𝐜𝐞𝐬
Dermatoscopes
Biopsy Devices
Image Guidance Systems

𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐃𝐞𝐯𝐢𝐜𝐞𝐬
Lasabrasion Devices
Microdermabrasion Devices
Electrosurgical Devices
Liposuction Devices
Cryotherapy Devices
LED Therapy Devices

𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
Disease Diagnosis & Treatment
Skin Rejuvenation
Hair Removal
Cellulite Reduction
Skin Tightening & Body Contouring
Damage Repair

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐈𝐦𝐚𝐠𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/medical-imaging-equipment-market-to-expand-at-cagr-of-5-4-during-forecast-period-observes-tmr-study-301524565.html

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐋𝐚𝐬𝐞𝐫 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2022/03/29/2411924/0/en/Medical-Laser-Systems-Market-to-Develop-at-CAGR-of-12-During-Forecast-Period-Notes-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani
Transparency Market Research Inc.
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