Beauty Devices is projected to reach USD 48.8 billion by 2031, Increasing prevalence of skin-related problems gaining traction: Transparency Market Research

Transparency Market Research published the latest research study on '𝗕𝗲𝗮𝘂𝘁𝘆 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 to 2031 - Global Analysis and Forecasts by Device Type, Usage Area, and Distribution Channel.'' The report provides trends prevailing in the global beauty devices market and the factors driving the market along with those that act as hindrances.

Growth in the number of skin-related issues, a rise in focus on personal care, and an increase in promotions on social media are some of the major factors fuelling the beauty devices market size during the forecast period. Customizable and simple-to-use personal care products are gaining traction among the populace. At-home acne treatment and hair removal equipment are also gaining popularity among people.

𝗚𝗲𝘁 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗕𝗲𝗮𝘂𝘁𝘆 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲 - 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘄𝗶𝘁𝗵 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗮𝘁:https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11651

𝗕𝗲𝗮𝘂𝘁𝘆 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗮𝗻𝗱 𝗞𝗲𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀

NuFACE, L'OREAL GROUP, Procter &Gamble, Koninklijke Philips N.V., Panasonic Corporation, TRIA BEAUTY, FOREO, YA-MAN LTD, ZIIP, Silk'n, Nu Skin Enterprises, Inc., MTG Co., Ltd among others. These are the leading companies operating in the beauty devices market.

In Oct-2019, Nu Skin launched new ageLOCNutriol Scalp & Hair System. The product is clinically proven to increase hair volume, softness, thickness and shine along with scalp health and stronger hair down to the roots.

In Mar-2019, Nu Skin launched ageLOC LumiSpa Accent and ageLOC LumiSpa IdealEyes. These are clinically proven targeted treatment to improve the appearance of skin around the eyes.

In Sep-2018, Philips has launched a new Satinelle Advanced Epilator that deliver longer-lasting hair removal. With this innovation, the company is offering an effective, at-home hair removal solution for women worldwide.

Changing consumer psyche towards beauty and wellness is driving the growth of the market. Increasing work hours and changing lifestyle have contributed to rising levels of stress, resulting in several issues on outward appearance, especially on the skin and hair. Also, the increasing level of pollution shows detrimental effects on an individual's physical appearance. These issues can be controlled with the use of RF roller and blue light devices for acne. Customers have continued to show keen interest in experiencing beauty and wellness services to rejuvenate their body. Thus, international grooming products and services at home have gained popularity to a great extent.

Age-related skin issues, such as pigmentation, wrinkles, creases, and acne, as well as burn scars due to accidents are extremely common among masses. According to the American Academy of Dermatology Association, acne is the most common skin condition in the US, affecting about 50 million Americans annually. Approximately 85% of people between the ages of 12 and 24 experience the onset of minor acne. The costs associated with the treatment and lost productivity among those who sought medical care for acne exceeded US$ 1.2 billion, and more than 5.1 million people had sought medical treatment for acne, primarily children and young adults, in 2013.

Moreover, one in 10 people develop atopic dermatitis during their lifetime, and it affects up to 25% of children and 2-3% of adults. Furthermore, over a quarter (28%) of women under 25 even admit that they regularly worry about their signs of aging, and this number has increased to 42% for those aged 25-34 and 54% for those aged 35-44. In addition, the poll of 2,000 women across the US, conducted by Dermstore, found that the young women have started using products to reduce the signs of aging much sooner than older women.

𝗛𝗮𝘃𝗲 𝗮 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻? 𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗔𝗻𝗮𝗹𝘆𝘀𝘁:https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=11651

Intelligence Agency, around 39.9% of the total German population was aged from 25 to 54 years, and approximately 15.0% of the population was aged from 55 to 65 years in 2018. This factor is anticipated to drive the demand for aesthetic medicine from the country in the forthcoming years. Moreover, according to World Health Organization (WHO), from 2015 to 2030, the number of people in the world aged 60 years or over is projected to grow by 56%, i.e., from 901 million to 1.4 billion. The surge in the geriatric population is playing a pivotal role in the growth of the beauty devices market as aging causes loss of fibrous tissue and reduced vascular and glandular network in the layers of the skin.

Population aged 30-65 years is estimated to grow at a faster and is likely to increase the number of target consumers with signs of aging, such as lack of skin elasticity, wrinkles, and dark spots. For instance, according to the Central

𝗕𝗲𝗮𝘂𝘁𝘆 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝗹 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄

The global beauty device is segmented by device type, usage area and distribution channel. The beauty device market, by device type, is segmented into hair removal devices, cleansing devices, hair growth devices, rejuvenation devices, light/LED therapy and photorejuvenation devices, acne devices, skin dermal rollers, others. The hair removal segment held the largest share of the market in 2019. The light/LED therapy and photorejuvenation devices segment is anticipated to register the highest CAGR in the market during the forecast period.

Based on usage area, the market is segmented into salon, home and spa. The salon segment held the largest share of the market in 2019, whereas the home based usage area estimated to register the highest CAGR in the market during the forecast period. Based on distribution channel, the beauty device market is segmented into retail and e-commerce. The retail held the largest share of the market in 2019, whereas the e-commerce segment is expected to register fastest growth.

𝗗𝗶𝗿𝗲𝗰𝘁𝗹𝘆 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗕𝗲𝗮𝘂𝘁𝘆 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗚𝗿𝗼𝘄𝘁𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗮𝘁:https://www.transparencymarketresearch.com/checkout.php?rep_id=11651<ype=S&utm_source=Benzinga_Kaustubh&utm_medium=Benzinga

𝗕𝗿𝗼𝘄𝘀𝗲 𝗔𝗱𝗷𝗼𝗶𝗻𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀:

𝗙𝗼𝗿𝗲𝗻𝘀𝗶𝗰 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.prnewswire.com/news-releases/forensic-technologies-market-to-gain-value-of-us-87-4-bn-by-2028--states-tmr-study-301676798.html

𝗛𝘆𝗽𝗲𝗿𝗽𝗶𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗗𝗶𝘀𝗼𝗿𝗱𝗲𝗿 𝗧𝗿𝗲𝗮𝘁𝗺𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.prnewswire.com/news-releases/hyperpigmentation-disorder-treatment-market-to-rise-at-cagr-of-8-5-during-the-forecast-period---tmr-report-301678732.html

𝗪𝗵𝗲𝗲𝗹𝗰𝗵𝗮𝗶𝗿𝘀 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.globenewswire.com/en/news-release/2022/11/21/2559786/0/en/Global-Wheelchairs-Market-Size-to-Exceed-US-7-3-Bn-by-End-of-2031-TMR-Report.html

𝗔𝗯𝗼𝘂𝘁 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.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:

Nikhil Sawlani
Transparency Market Research Inc.
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