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Global Facial Treatment Market: Snapshot

The global facial treatment devices market is profiled in detail in the report in order to provide readers with a comprehensive view of the market’s growth prospects over the 2017-2022 forecast period. The facial treatment devices market has exhibited solid growth in the last few years due to a number of factors such as the growing disposable income of urban consumers and the rising proclivity of consumers to spend increasing amounts on cosmetic treatments. The market is likely to rise at a steady pace in the coming years, according to Transparency Market Research. The facial treatment devices market is likely to be valued at US$808.4 mn by the end of 2017 and further rise to US$1,149.6 mn by the end of 2022. The facial treatment devices market is likely to exhibit a strong 7.3% CAGR from 2017 to 2022.

facial treatment market

IPL Devices Likely to Dominate Global Facial Treatment Devices Market

By product type, the global facial treatment devices market is segmented into laser based devices, IPL devices, RF devices, ultrasound devices, and LED devices. Of these, IPL devices are likely to lead demand from the global facial treatment devices market in the coming years due to their growing demand in over laser-based devices. The IPL devices segment is likely to be valued at US$234.7 mn by the end of 2017, representing 29% of the global facial treatment devices market. Exhibiting a steady 6.6% CAGR between 2017 and 2022, the IPL devices segment is expected to rise to US$323.7 mn by the end of 2022.

North America Likely to Dominate Geographical Hierarchy of Facial Treatment Devices Market

For a closer understanding of the geographical dynamics of the global facial treatment devices market, the report segments the market into North America, Latin America, Europe, Asia Pacific except Japan, Japan, and the Middle East and Africa. Of these, North America is likely to remain the leading contributor to the global facial treatment devices market in the coming years due to the widespread demand for facial treatment devices in developed countries such as the U.S. and Canada. The North America facial treatment devices market is expected to rise from US$278.1 mn to US$402.5 mn over the 2017-2022 forecast period. The North America facial treatment devices market is likely to exhibit a robust 7.7% CAGR over the forecast period, underlining its dominance in the global market.

Asia Pacific except Japan to Emerge as Significant Contender

Asia Pacific except Japan is likely to emerge as a significant contributor to the global facial treatment devices market over the 2017-2022 forecast period, with the regional market set to generate an absolute opportunity of US$83.1 mn between 2017 and 2022.

The facial treatment market is also set to exhibit solid growth in Europe, the Middle East, and Africa in the coming years, with the Europe and MEA markets for facial treatment devices both set to exhibit a 6.6% CAGR over the 2017-2022 forecast period. The Europe market is a leading contributor to the global facial treatment devices market and is likely to rise to a valuation of US$289.5 mn over the forecast period, while the MEA facial treatment devices market is set to rise to US$47.4 mn by the end of 2022.

Global Facial Treatment Market: Competitive Dynamics

Leading companies in the global facial treatment market include Solta Medical Inc., Lumenis Ltd., Cynosure Inc., Strata Skin Sciences Inc., Syneron Medical Ltd., Lutronic Corporation, Cutera Inc., Lynton Lasers Ltd., Sciton Inc., Alma Lasers Ltd., Venus Concept Canada Corporation, and Fotona d.d.

Growing Popularity and Awareness to Invite Promising Growth for Facial Treatment Market between 2017 and 2022

The rising disposable income and the increasing purchasing power parity of a large chunk of individuals across the globe may bring tremendous growth opportunities for the global facial treatment market across the assessment period of 2017-2022. The escalating awareness about the importance of face care may further boost the growth prospects of the facial treatment market during the forecast period of 2017-2022.

  • Facial care products are experiencing increased demand over the years. The affordability quotient and the increasing range of products may prove to be growth accelerators for the facial treatment market. Facial care enhances the value of the face and is also effective in penetrating skin pigments, decreases facial spots, minimizes wrinkles, and brightens the skin. Thus, all these factors prove fruitful for the growth of the facial treatment market.
  • The power of social media advertising can be seen across this market. The players in the facial treatment market are always involved in attracting a large consumer base through running effective advertising campaigns and ads on social media platforms such as Facebook and Instagram. Thus, this factor eventually increases the growth rate of the facial treatment market.
  • The COVID-19 pandemic has led to devastation of many lives and businesses across the globe. The growing transmission and the rising number of fatalities forced the governments of numerous countries to enforce strict stay-at-home orders. The closure of manufacturing facilities and production units led to decreased production. This aspect harmed the growth of the facial treatment market to a great extent.
  • To bring the economy back on track, numerous relaxations have been introduced by various countries. These relaxations have allowed the manufacturing facilities to resume operations. Thus, these relaxations are a golden opportunity for the players in the facial treatment market to regain lost growth.

Global Facial Treatment Market: Overview

The global facial treatment devices market report provides a comprehensive overview of the global market in terms of its historical growth trajectory, present figures, and future growth prospects. The leading segments of the global facial treatment devices market are analyzed in the report in order to understand the hierarchy of the market and the leading factors having a determinant effect on the growth trajectory of the facial treatment devices market are assessed in order to provide readers with a clear picture of the conditions surrounding the global facial treatment devices market’s growth in the coming years. The competitive dynamics of the global facial treatment devices market are also assessed in detail in the report to familiarize readers with the operating dynamics of the global market.

According to Transparency Market Research, the global facial treatment devices market is likely to be valued at US$808.4 mn by the end of 2017 and further rise to US$1,149.6 mn by the end of 2022. The market is expected to exhibit a solid 7.3% CAGR therein.

Global Facial Treatment Market: Dynamics

The major drivers and restraints having a lasting impact on the global facial treatment devices market are assessed in the report in order to familiarize readers with the factors most likely to significantly affect the market in the coming years. The quantitative and qualitative impact of key drivers on the facial treatment devices market is described in the report in detail to acquaint readers with the factors likely to aid their market expansion plans in the coming years. The restraints likely to hinder the growth of the global facial treatment devices market in the coming years are also profiled in detail in the report in order to familiarize readers with the likely pitfalls in the market. This section comprises a key section of the facial treatment devices market report, as it provides readers with a clear view of which factors are likely to aid their growth and which factors are likely to hinder it in the coming years.

Global Facial Treatment Market: Segmentation

The report provides a comprehensive look into the global facial treatment devices market’s segmentation in order to provide readers with a clear view of the granular composition of the market. Leading segments of the facial treatment devices market are profiled in the report in order to understand their historical growth trajectory and future growth prospects. Detailed discussion of the segmentation of the facial treatment devices market given in the report provides readers with a clear view of the various components of the market and how they are likely to progress in the coming years.

The report segments the global facial treatment devices market on the basis of product type, end use, and geography in order to obtain a comprehensive picture of the market. By product type, the market is segmented into laser-based devices, RF devices, ultrasound devices, IPL devices, and LED devices. By end use, the facial treatment market is bifurcated into dermatology clinics and beauty clinics. To understand the geographical hierarchy of the global facial treatment market, the report studies the performance of the market in North America, Latin America, Europe, Japan, Asia Pacific except Japan, and the Middle East and Africa.

Global Facial Treatment Market: Competitive Dynamics

Leading companies in the global facial treatment market include Solta Medical Inc., Lumenis Ltd., Cynosure Inc., Strata Skin Sciences Inc., Syneron Medical Ltd., Lutronic Corporation, Cutera Inc., Lynton Lasers Ltd., Sciton Inc., Alma Lasers Ltd., Venus Concept Canada Corporation, and Fotona d.d.

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Facial Treatment Market

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