Global Skincare Devices Market to Register 10.10% CAGR Till 2018 Stimulated by Booming Medical Tourism
A new market research report has been recently published by Transparency Market Research and is available for sale on the company website. The research report, titled “Skincare Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” presents a market overview, product segmentation, market drivers, restraining factors, opportunities, geographical segmentation, and competitive landscape.According to the research report, the global skincare devices market is projected to reach US$10.7 bn by the end of 2018, exhibiting a 10.10% CAGR between 2012 and 2018. The research report has made use of graphical representation such as charts and tables to present historical data and forecast figures of the global skincare devices market.
Browse the full Skincare Devices Market (Lasabrasion, Microdermabrasion, Liposuction, LED Therapy, Dermatoscopes, Skin Rejuvenation, Cellulite Reduction, Skin Tightening & Body Contouring and Hair Removal) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 report at https://www.transparencymarketresearch.com/skincare-devices-market.html
The growing number of ‘medspas’ and booming medical tourism across the globe are the major factors that are expected to boost the demand for skincare devices through the forecast period. In addition, the introduction of minimally-invasive devices for skincare have helped the market gain more consumers, which will indirectly augment the growth of the global skincare devices market in the coming years. On the other hand, the cutthroat competition in this market has resulted in a multitude of research and development projects being undertaken. The price wars for these devices have given consumers greater bargaining authority, which can act as a major restraining factor for the growth of the global skincare devices market.
The global skincare devices market has broadly been divided based on product type into the treatment devices market (such as LED therapy devices, electrosurgical devices, lasabrasion devices, microdermabrasion devices, cryotherapy devices, and liposuction devices,) and diagnostic devices market (such as dermatoscopes, biopsy devices, and image guidance systems). On the basis of application, the global skincare devices market has been classifies into disease diagnosis and treatment, body contouring, skin tightening, skin rejuvenation (to counter problems such as sun damage, wrinkles, acne), damage repair (such as pigmented lesions, vascular, and tattoo removal), hair removal, and cellulite reduction.
The research report further divides the global skincare devices market on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Among these regions, North America held the largest share of the global skincare devices market and is also expected to maintain its dominant position throughout the forecast period. Nevertheless, the tremendously rising disposable income of consumers in developing nations of the Latin America and Asia are boosting the demand for skincare devices resulting in the market attaining a significant growth rate.
In the last section, the research report covers the competitive landscape of the global skincare devices market comprising the company overview, product portfolio, business strategies, financial overview, SWOT analysis, and recent developments. Some of the prominent players operating in this market are Syneron Medical Ltd., PhotoMedex, Inc., Cynosure, Inc., Cutera, Inc., Lumenis Ltd., and Solta Medical, Inc. Many key players operating in the global skincare devices market are expanding their marketing budgets to increase the level of awareness among the consumers.
Key segments of the Global Skincare Devices market
Global Skincare Devices Market, by Product Type
- Diagnostic Devices Market
- Biopsy Devices
- Image Guidance Systems
- Treatment Devices Market
- Lasabrasion (Laser Skin Resurfacing) Devices
- Microdermabrasion Devices
- Electrosurgical Devices
- Liposuction Devices
- Cryotherapy Devices
- LED Therapy Devices
Global Skincare Devices Market, by Application
- Disease Diagnosis And Treatment
- Skin Rejuvenation (Acne, Sun Damage, Wrinkles)
- Hair Removal
- Cellulite (Fat) Reduction
- Skin Tightening and Body Contouring
- Damage Repair (Vascular, Pigmented Lesions and Tattoo Removal)
Global Skincare Devices Market, by Geography
- North America
- Rest Of The World (Row)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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