Global Skincare Devices Market Size, Share & Trends 2012-2018 & 2020 - Analysis by Disease Diagnosis & Treatment, Hair Removal, Skin Rejuvenation, Cellulite Reduction, Body Contouring - ResearchAndMarkets.com
Aug. 24, 2018
DUBLIN--(BUSINESS WIRE)--Aug 24, 2018--The "Skincare Devices Market Size, Share & Trends Analysis Report By Product, By Application (Disease Diagnosis & Treatment, Hair Removal, Skin Rejuvenation, Cellulite Reduction, Body Contouring), And Segment Forecasts, 2012 - 2020" report has been added to ResearchAndMarkets.com's offering.
The global skincare devices market size is expected to reach USD 12.8 billion by 2020, progressing at a CAGR of 10.0% during the forecast period.
Increasing number of skin related disorders such as cancer and assorted disorders are likely to increase the adoption rate of these devices.
Rising use of home-care products and growing medical spa treatments are some the key trends stimulating market growth. Some of the key factors that are driving growth are technological advancements, growing appearance consciousness, and rising disposable income.
Growing awareness regarding benefits of skin rejuvenation amongst patients, rising demand for aesthetics, and increasing incidence of skin disorders are among the primary growth stimulants. Syneron Medical, a U.S. based company, is one of the biggest players in the skin rejuvenation market. Its product known as VelaSmooth which has been approved by the U.S. FDA.
The market is projected to witness significant growth over the forecast period, owing to rising prevalence of skin diseases. Technological advancements, extremely effective devices, and increasing acceptance of these devices as they are non-invasive, are some of the factors escalating the growth of the market.
Furthermore, surging demand for processes such as liposuction, body contouring, skin rejuvenation, and tightening is anticipated to accelerate the growth of the market. However, equipment cost and competitive pricing are limiting the market from realizing its utmost potential.
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Skincare Devices Industry Outlook
Chapter 3. Skincare Devices Product Outlook
Chapter 4. Skincare Devices Application Outlook
Chapter 5. Skincare Devices Regional Outlook
Chapter 6. Skincare Devices Competitive landscapeSolta Medical Inc. Syneron Medical Ltd. Cynosure Inc. Cuttera Inc. Lumenis Ltd. Alma Lasers Ltd. PhotoMedex
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Related Topics:Skin Care Products
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES RETAIL COSMETICS
SOURCE: Research and Markets
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PUB: 08/24/2018 12:06 PM/DISC: 08/24/2018 12:05 PM