Skin is the outer covering of the human or animal’s body. It is the largest organ of the body and performs various functions such as protecting us from many harmful elements including microbes, enabling the sensations of heat, cold and touch and regulating our body temperatures. The goal of this report is to provide an overview of the global skincare devices markets with the current trends. Skincare devices are becoming popular due to the rising incidences of skin-related disorders. Additionally, they are widely used in aesthetics, which is a branch of philosophy dealing with beauty.
The global skincare devices market is expected to grow in the future, due to the increasing rate of skin-related disorders, worldwide. Technological advancement in designing these devices, which are highly efficient and growing preference for them due to non-invasive procedures are the key drivers for the growth of this market. Additionally, rise in the demand for aesthetic processes such as skin rejuvenation, skin tightening, body contouring and liposuction will also drive the growth of the skincare devices market in the future. However, competitive pricing and equipment cost are the major restraints for the growth of this market.
Rising incidences of skin cancer and other skin-related disorders such as dermatitis, acne and psoriasis as well as skin abnormalities such as warts, lesions and moles are the key opportunities for the growth of this market worldwide. Moreover, “Medspas” and rise in medical tourism make the global skincare devices market very attractive.
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Skincare Devices Market Analysis by Types
On the basis of its types, the global skincare devices market is segmented into diagnostic and treatment devices, which are further sub-segmented into diagnostic devices such as: biopsy, dermatoscopes and image guidance system; Treatment devices includes LED therapy, liposuction, cryotherapy, electrosurgical, lasabrasion and microdermabrasion devices. The LED therapy devices market occupies the largest share in the market due to the rising number of hair removal and liposuction procedures for skincare treatment. Moreover, the lasabrasion devices market is estimated to record the maximum growth in the future.
Skincare Devices Market Analysis by Applications
On the basis of its applications, global skincare devices market is segmented into skin rejuvenation, disease diagnosis and treatment, skin tightening and body contouring, hair removal, cellulite reduction and damage repair. Skin tightening & body contouring along with hair removal account for the largest share in this market due to the demand for aesthetic procedures and global acceptance of laser and light related devices.
