Skin tightening is one the most popular esthetic treatments. Several skin tightening techniques have been developed. Two major methods for skin tightening are invasive (requires use of a catheter, needle, or other instruments) and non-invasive (does not require any instrument). Hence, most of the invasive methods are surgical and non-invasive methods are non-surgical or pain free (negligible pain). Invasive skin tightening treatments include rhytidectomy and blepharoplasty. Presently, several techniques are available that help patients fight against sagging and loose skin without surgery. Non-invasive skin treatment is pain free, low risk, and does not require extended time/prolonged time.
Based on type of device, the non-invasive skin tightening devices market can be segmented into fractional devices, fractional lasers, light emitting diodes (LEDs), micro-focused ultrasound, micro-current, micro-needling, radio frequency, and ultrasound. Fractional devices have been used in facial rejuvenation treatment for the last two decades. These devices use laser energy for mechanical breakdown. Fractional lasers are non-invasive skin treatment devices in use since 2004. Fractional lasers make use of energy in either heating the non-ablative or removing ablative portions of skin by passing light beam through the difractionated microlens. This results in fewer complications, rapid re-epithelialization, and consistent results. LED non-invasive skin tightening devices use light to generate the energy necessary for regeneration and repair of human cells. The limited heat effect makes them safer to be used in non-medical treatments and for home usage of patients. Micro-focused ultrasound devices deliver heat to the deep and sub-dermal connective tissue in focused areas. Microcurrent devices use low level electrotherapy to tone muscles in the skin and increase circulation to achieve youthful appearance. Radiofrequency device emits energy in the form of electromagnetic wave, which later converts into heat. These produce the heat waves into the skin to stimulate the production of collagen, resulting in skin tightening. Radiofrequency devices hold the largest market share of the non-invasive skin tightening market, as these are most commonly used for fat reduction. There are various radio frequency non-invasive skin tightening devices, which differ in terms of the amount of energy produced by them and methods used to produce energy.
Increasing demand for pain-free skin tightening treatment among patients is one of the major drivers of the non-invasive skin tightening devices market. Moreover, dermatologists prefer non-invasive skin tightening devices due to low risk involved. Patients and doctors also demand little downtime for the treatment. Easy-to-use non-invasive skin tightening devices enable doctors to safely delegate treatment to nurses or medical professionals leading to the growth of the non-invasive skin tightening devices market. High cost of these devices is a major restraint of the market. Understanding the complete usage and application of devices is also difficult. Development of more advanced, efficient, and reliable devices is likely to offer significant opportunities in the market.
Geographically, the non-invasive skin tightening devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of the market owing to increasing health awareness and technological advancement in the region. Europe is the second largest market for non-invasive skin tightening devices attributed to the presence of large geriatric population in the region. Asia Pacific is the fastest growing market due to increasing adoption of new health care technologies, improving health care infrastructure, and rising population susceptible to various skin diseases and conditions.
Key players in the non-invasive skin tightening devices market include SharpLight Technologies Ltd., Project E Beauty, Solta Medical, Venus Concept, Syneron, BTL, Endymed, and Pollogen Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.