The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.
Global Skincare Devices Market Report By Type (Skincare Diagnostic Devices, Skincare Treatment Devices), By Application (Disease Diagnosis & Treatment, Hair Removal, Skin Rejuvenation, Cellulite Reduction, Body Contouring And Skin Tightening) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028
ID:VMR11215376
June 2021
Report Formats: Electronic (PDF), MS EXCEL
Global Skincare Devices Market Overview
The key driver impacting the skincare devices market is the increasing rate of skin cancer and skin-related disorders such as acne, dermatitis, psoriasis, and skin abnormalities such as lesions, warts, and moles. The Global Burden of Disease project reveals that skin diseases are the 4th leading cause of nonfatal disease burden worldwide. Acne is likely to affect 9.4% of the worldwide population, making it the 8th most prevalent disease globally. Skin cancer ranks 19th most common cancer worldwide, occurring in men and women. There were nearly 300,000 new cases recorded in 2018 compared to 2019, as per the American Institute of Cancer Research. Moreover, increasing technological advancement in designing these highly efficient skin treatment devices and growing liking for non-invasive procedures contribute to skincare device's market demand in the coming years.
The escalating demand for aesthetic processes such as skin tightening, skin rejuvenation, liposuction body contouring will likely augment the need for skincare devices in the forecast period. The International Society of Aesthetic Plastic Surgery (ISAPS), 2019 report, presents that the total number of surgical liposuction procedures executed in 2018 was 1,732,620, which is 1,573,680 in 2017 and 1,372,901 in 2014, which is an around 9.2% increase from 2017 and 20.8% increase from 2014. However, the high cost incurred in skin treatment and the high price of equipment hampers the market in the long run. Nevertheless, the industry trends, the constantly rising consciousness regarding aesthetics, and rising technological advancements in different medical procedures might provide massive market opportunities to the market's key players.
The skincare devices market is widespread, with many local and international players. The market leaders follow diverse strategies to strengthen their market, such as extending product portfolio, acquisitions, contracts, amalgamation, product upgrades to raise their market share globally. The key players in the report are Alma Lasers, Cutera Inc., Michelson Diagnostics Ltd., Cynosure Inc., Lumenis Ltd., Solta Medical, Inc., Palomar Medical Technologies, Syneron Medical Ltd., and Photomedex Inc.
In this research report, the Skincare Devices market is segmented by type, application, and region.
Analysis by Type:
By type, the report is categorized into skincare diagnostic devices, skincare treatment devices. The skincare treatment devices segment dominates the type segment with the largest market share in 2020. Among the skincare treatment devices, LED therapy devices hold the largest share. It is due to the rising number of hair removal and liposuction procedures for skincare treatment. Moreover, dermatologists majorly prefer to utilize LED treatment or therapy to remove wrinkles, acne, sun-damaged skin, and facial lines, contributing to the growth of the skincare treatment devices segment's growth in the forecast period.
Analysis by Application:
By application, the report is segmented into disease diagnosis & treatment, hair removal, skin rejuvenation, cellulite reduction, and body contouring, and skin tightening. The skin tightening and body contouring segment dominate with the highest market share in 2020. Due to the mounting occurrence of obesity cases and the rising number of people who go through liposuction creates the need for skin tightening. Moreover, the increasing demand for aesthetic procedures and worldwide acceptance of light and laser-related devices contributed to the growth in body contouring and skin tightening application segment in the coming years.
Analysis by Region:
In the regional outlook of the global skincare devices market, the North America region dominates with the largest market share in 2020. Due to the increasing prevalence of obesity, high per capita income leads to the affordability of skincare devices and treatments. Moreover, the introduction of advanced technologies such as U-P-5 and health coverage for skin cancer through Medicaid and Medicare in the U.S. contributes to the tremendous market growth across North America.
Market Segmentation covered in the Report:
By Type
By Application
By Region
The key driver impacting the skincare devices market is the increasing rate of skin cancer and skin-related disorders such as acne, dermatitis, psoriasis, and skin abnormalities such as lesions, warts, and moles. The Global Burden of Disease project reveals that skin diseases are the 4th leading cause of nonfatal disease burden worldwide. Acne is likely to affect 9.4% of the worldwide population, making it the 8th most prevalent disease globally. Skin cancer ranks 19th most common cancer worldwide, occurring in men and women. There were nearly 300,000 new cases recorded in 2018 compared to 2019, as per the American Institute of Cancer Research. Moreover, increasing technological advancement in designing these highly efficient skin treatment devices and growing liking for non-invasive procedures contribute to skincare device's market demand in the coming years.
According to Value Market Research, the global Skincare Devices market size was valued at about USD 5 billion in 2020 and is estimated to grow at a CAGR of around 11% during the forecast period 2021 to 2027.
The escalating demand for aesthetic processes such as skin tightening, skin rejuvenation, liposuction body contouring will likely augment the need for skincare devices in the forecast period. The International Society of Aesthetic Plastic Surgery (ISAPS), 2019 report, presents that the total number of surgical liposuction procedures executed in 2018 was 1,732,620, which is 1,573,680 in 2017 and 1,372,901 in 2014, which is an around 9.2% increase from 2017 and 20.8% increase from 2014. However, the high cost incurred in skin treatment and the high price of equipment hampers the market in the long run. Nevertheless, the industry trends, the constantly rising consciousness regarding aesthetics, and rising technological advancements in different medical procedures might provide massive market opportunities to the market's key players.
The skincare devices market is widespread, with many local and international players. The market leaders follow diverse strategies to strengthen their market, such as extending product portfolio, acquisitions, contracts, amalgamation, product upgrades to raise their market share globally. The key players in the report are Alma Lasers, Cutera Inc., Michelson Diagnostics Ltd., Cynosure Inc., Lumenis Ltd., Solta Medical, Inc., Palomar Medical Technologies, Syneron Medical Ltd., and Photomedex Inc.
In this research report, the Skincare Devices market is segmented by type, application, and region.
Analysis by Type:
By type, the report is categorized into skincare diagnostic devices, skincare treatment devices. The skincare treatment devices segment dominates the type segment with the largest market share in 2020. Among the skincare treatment devices, LED therapy devices hold the largest share. It is due to the rising number of hair removal and liposuction procedures for skincare treatment. Moreover, dermatologists majorly prefer to utilize LED treatment or therapy to remove wrinkles, acne, sun-damaged skin, and facial lines, contributing to the growth of the skincare treatment devices segment's growth in the forecast period.
Analysis by Application:
By application, the report is segmented into disease diagnosis & treatment, hair removal, skin rejuvenation, cellulite reduction, and body contouring, and skin tightening. The skin tightening and body contouring segment dominate with the highest market share in 2020. Due to the mounting occurrence of obesity cases and the rising number of people who go through liposuction creates the need for skin tightening. Moreover, the increasing demand for aesthetic procedures and worldwide acceptance of light and laser-related devices contributed to the growth in body contouring and skin tightening application segment in the coming years.
Analysis by Region:
In the regional outlook of the global skincare devices market, the North America region dominates with the largest market share in 2020. Due to the increasing prevalence of obesity, high per capita income leads to the affordability of skincare devices and treatments. Moreover, the introduction of advanced technologies such as U-P-5 and health coverage for skin cancer through Medicaid and Medicare in the U.S. contributes to the tremendous market growth across North America.
Market Segmentation covered in the Report:
By Type
- Skincare Diagnostic Devices
- Dermatoscopes
- Image Guidance Systems
- Biopsy Devices
- Skincare Treatment Devices
- Lasabrasion Devices
- LED Therapy Devices
- Liposuction Devices
- Microdermabrasion Devices
- Cryotherapy Devices
- Electrosurgical Devices
By Application
- Disease Diagnosis & Treatment
- Hair Removal
- Skin Rejuvenation
- Cellulite Reduction
- Body Contouring And Skin Tightening
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SKINCARE DEVICES – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Type
3.7.2 By Application
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL SKINCARE DEVICES MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Skincare Diagnostic Devices Market by Regions
6.6 Skincare Treatment Devices Market by Regions
7 . GLOBAL SKINCARE DEVICES MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Disease Diagnosis & Treatment Market by Regions
7.5 Hair Removal Market by Regions
7.6 Skin Rejuvenation Market by Regions
7.7 Cellulite Reduction Market by Regions
7.8 Body Contouring And Skin Tightening Market by Regions
8 . GLOBAL SKINCARE DEVICES MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE SKINCARE DEVICES COMPANIES
9.1. Skincare Devices Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF SKINCARE DEVICES INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Alma Lasers
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Cutera Inc.
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Michelson Diagnostics Ltd.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Cynosure Inc., Lumenis Ltd.
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Solta Medical, Inc.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. Palomar Medical Technologies
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Syneron Medical Ltd.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Photomedex Inc.
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Skincare Diagnostic Devices Market by Geography (USD MN)
- Skincare Treatment Devices Market by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Disease Diagnosis & Treatment Market by Geography (USD MN)
- Hair Removal Market by Geography (USD MN)
- Skin Rejuvenation Market by Geography (USD MN)
- Cellulite Reduction Market by Geography (USD MN)
- Body Contouring And Skin Tightening Market by Geography (USD MN)
- Global Skincare Devices Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Skincare Devices Report
- Market Research Process
- Market Research Methodology
- Global Skincare Devices Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Skincare Diagnostic Devices Market by Geography (USD MN)
- Skincare Treatment Devices Market by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Disease Diagnosis & Treatment Market by Geography (USD MN)
- Hair Removal Market by Geography (USD MN)
- Skin Rejuvenation Market by Geography (USD MN)
- Cellulite Reduction Market by Geography (USD MN)
- Body Contouring And Skin Tightening Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
Consumer Goods And Services
Buy Chapters or Sections
Avail customized purchase options to meet your exact research needs:
- Buy sections of this report
- Buy country level reports
- Request for historical data
- Request discounts available for Start-Ups & Universities
Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments