Skincare Devices Market to surpass US$ 23.9 Billion by 2028, Says TMR Study

The latest research study released by Transparency Market Research on "𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 Forecast to 2021-2028 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Skincare Devices industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Skincare Devices market is estimated to attain a valuation of US$ 23.9 Bn by the end of 2028, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 9.9% during the forecast period, 2021-2028

𝐆𝐫𝐚𝐛 𝐒𝐚𝐦𝐩𝐥𝐞 𝐎𝐟 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1244

The burgeoning rise in the demand for consumer durable electronic goods is translating into revenue opportunities for companies in the skincare devices market and eCommerce.

Skincare devices that use spinning discs embedded with aluminum oxide crystals to exfoliate cells from the surface of the skin help to regenerate skin cells more quickly than natural remedies.

However, people with melisma are advised to avoid using this device, since it could aggravate skin pigmentation. Hence, companies in the market should increase awareness about different types of devices to prevent adverse effects in users. They should increase the availability of dermatologically approved devices to bolster credibility credentials.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Dermatology is the science of diagnosis and treatment of skin abnormalities & disorders. In addition to disease diagnosis and treatment, skincare devices are used in various aesthetic applications for cosmetic care and enhancement of appearance of the skin and body.

Popularity of cosmetic procedures, such as liposuction, skin tightening, body contouring, and skin rejuvenation that enhance the overall appearance of the client and make them look more youthful and fit, is rising. Procedures such as tattoo removal, scar reduction, and spot reduction have witnessed increase in demand for skincare devices.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1244

𝐒𝐤𝐢𝐧𝐜𝐚𝐫𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Increase in incidence of skin disorders such as acne, atopic dermatitis, psoriasis, rosacea, and skin cancer are projected to drive the global market during the forecast period. According to the American Academy of Dermatology Association, acne affects around 50 million people in the U.S. each year. Around 85% of people between the ages of 12 and 24 experience at least minor acne. Nearly 7.5 million people in the U.S. have psoriasis. Rosacea is a common skin disease that affects 16 million people in the U.S. Over 9,500 people in the U.S. are diagnosed with skin cancer every day.

Rise in preference for minimally and non-invasive procedures is another major factor driving the global skincare devices market. According to the American Society of Plastic Surgeons, in 2020, around 15.6 million cosmetic procedures were performed in the U.S., including 2.3 million cosmetic surgical procedures and 13.2 million cosmetic minimally invasive procedures.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

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

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 -

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2021-2028.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=1244

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

North America dominated the global skincare devices market in 2020, accounting for 40% share. The U.S. dominated the market in North America owing to factors such as increase in incidence of skin disorders, surge in geriatric population, rise in demand for better health care facilities, and increase in adoption of improved products & technologies.
Asia Pacific is anticipated to gain market share during the forecast period. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are expected to propel the market in the region.

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲

The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐎𝐬𝐭𝐨𝐦𝐲 𝐃𝐫𝐚𝐢𝐧𝐚𝐠𝐞 𝐁𝐚𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/06/17/2464845/0/en/Ostomy-Drainage-Bags-Market-to-Exceed-US-3-6-Bn-by-2031-Advancements-in-Various-Ostomy-Systems-Expand-Profitable-Avenues-Notes-TMR-Study.html

𝐃𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐅𝐥𝐮𝐢𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/06/20/2465368/0/en/Drilling-Fluids-Market-to-surpass-US-14-5-Bn-by-2031-Says-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.

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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