Skincare Devices Market, By Product Type, By Application (Disease Diagnosis/Treatment, Skin Rejuvenation, Hair Removal, Cellulite Reduction, Skin Tightening & Body Contouring, Damage Repair ), By End User, By Geography

Description

Global skincare devices market is estimated to be valued at USD 16.1 Bn in 2024 and is expected to reach USD 39.1 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

Figure 1. Skincare Devices Market Share (%), By Region, 2024

Skincare devices incorporate advanced technologies that offer non-invasive and minimally invasive aesthetic solutions for skin rejuvenation and treatments. Rising consumer awareness about aesthetic procedures and increasing disposable income levels can boost demand for skincare devices. Furthermore, growing social media influences more individuals to opt for skincare treatments. Various devices offering features such as skin tightening, lifting, light therapy, and skin resurfacing are gaining popularity. Leading manufacturers are constantly innovating their portfolios and launching novel products with enhanced functionalities. Increasing medical tourism and development of aesthetic devices targeting specific skin conditions can drive the market growth.

Market Dynamics:

Global skincare devices market growth is driven by rising consumer demand for minimally invasive aesthetic treatments and non-surgical procedures. Changing lifestyles and growing social media influence compels individuals to take corrective measures to attain flawless skin appearance. Furthermore, increasing discretionary spending on personal care and beauty products can also drive the market growth. However, high costs associated with aesthetic treatments and devices restricts broader consumer access. Lack of reimbursement coverage can also hamper the market growth. Ongoing technological advancements in development of safe, effective, and painless devices offer market growth opportunities. Key players are focusing on innovative product launches that enhances user experience and convenience. Rising medical tourism in emerging nations can also offer opportunity for market expansion.

Key Features of the Study:

This report provides in-depth analysis of the global skincare devices market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global skincare devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cynosure, Lumenis, Syneron Medical, Alma Lasers, Cutera, Strata Skin Sciences, and Venus Concept
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global skincare devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global skincare devices market

Detailed Segmentation-

By Product Type
- Diagnostic
- Treatment
By Application
- Disease Diagnosis/Treatment
- Skin Rejuvenation (Wrinkles, Sun, Acne)
- Hair Removal
- Cellulite (fat) Reduction
- Skin Tightening & Body Contouring
- Damage Repair (Vascular & Pigmented Lesions, Tattoo Removal)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Alma Lasers Ltd.
- Cutera, Inc.
- Cynosure, Inc.
- Lumenis Ltd.
- Syneron Medical Ltd.
- PhotoMedex, Inc.
- Valeant Pharmaceuticals International, Inc.
- ZELTIQ Aesthetics, Inc.
- Merz Pharma GmbH & Co. KGaA
- Galderma S.A.
- Candela Corporation
- Solta Medical
- TRIA Beauty Inc.
- Koninklijke Philips N.V.
- Panasonic Corporation
- Nu Skin Enterprises
- Michelson Diagnostics Ltd.
- Lutronic Corporation

Product Code: CMI3955

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis

4. Global Skincare Devices Market - Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the Market

5. Global Skincare Devices Market, By Product Type, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Diagnostic
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Treatment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Skincare Devices Market, By Application, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Disease Diagnosis/Treatment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Skin Rejuvenation (Wrinkles, Sun, Acne)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Hair Removal
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Cellulite (fat) Reduction
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Skin Tightening & Body Contouring
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Damage Repair (Vascular & Pigmented Lesions, Tattoo Removal)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Skincare Devices Market, By End User, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Dermatology Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Skincare Devices Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - GCC
  - Israel
  - Rest of Middle East
  - Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD Bn)
  - North Africa
  - Central Africa
  - South Africa

9. Competitive Landscape

Company Profiles
- Alma Lasers Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Cutera, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Cynosure, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Lumenis Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Syneron Medical Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- PhotoMedex, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Valeant Pharmaceuticals International, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- ZELTIQ Aesthetics, Inc.
- Merz Pharma GmbH & Co. KGaA
- Galderma S.A.
- Candela Corporation
- Solta Medical
- TRIA Beauty Inc.
- Koninklijke Philips N.V.
- Panasonic Corporation
- Nu Skin Enterprises
- Michelson Diagnostics Ltd.
- Lutronic Corporation

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Reference and Research Methodology

References
Research Methodology
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