PUBLISHER: DataM Intelligence | PRODUCT CODE: 1634191
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1634191
The global skincare devices market reached US$ 16.5 billion in 2024 and is expected to reach US$ 47.32 billion by 2033, growing at a CAGR of 13.1% during the forecast period 2025-2033.
Skincare devices refer to electronic tools or gadgets designed to improve the health and appearance of the skin. These devices leverage various technologies to address a range of skincare concerns, providing users with advanced and often more effective solutions than traditional skincare methods alone. Skincare devices can be used in conjunction with skincare products to enhance their absorption and overall efficacy. Consumers are becoming more educated about skincare and are seeking advanced solutions to address their specific concerns. This awareness drives the demand for skincare devices that offer targeted and effective results. The popularity of devices designed for home use is increasing, offering convenience to consumers who prefer to manage their skincare routines independently. Home-use devices often provide accessible and affordable alternatives to professional treatments.
The increasing demand for skincare devices is the driving factor that drives the market over the forecast period. The increasing technological advancements and their applications in the recently launched products make skincare procedures easy to conduct and increase the demand for skincare devices. For instance, in June 2023, DeepX Diagnostics, the skin cancer teledermatology and diagnostics company, received clearance from the US Food and Drug Administration (FDA) for its digital dermatoscopy DermoSight for teledermatology screening of suspect skin cancer lesions in the United States. DermoSight is currently cleared to acquire skin lesion images for teledermatology assessment, like existing digital dermatoscopes. It is also designed for integration with an AI algorithm, empowered by proprietary optical transfer diagnosis (OTD) technology.
Market Dynamics: Drivers & Restraints
Increasing demand for skincare devices
The increasing demand for skincare devices is expected to be a significant factor in the growth of the global skincare devices market. The global skincare devices market is poised for significant expansion, owing mostly to the rising prevalence of skin diseases and skin conditions, increasing awareness regarding skincare, technological advancements, recent product launches and approvals, and strategic partnerships. The increasing number of skin-related conditions like acne, eczema, and psoriasis is a major driver of this demand. With millions affected across the globe, there is an immediate demand for efficient treatments that may be provided at home. Skincare products such as light therapy machines and microdermabrasion tools provide non-invasive solutions to these needs.
The rising prevalence of skin diseases and skin conditions affects the skin condition and this increases the demand for skin treatments and upsurges the demand for skincare devices. For instance, according to the World Health Organization, overall, skin disorders are predicted to impact 1.8 billion people at any point in time. Skin infections, which can be bacterial, viral, fungal, or parasitic in nature, are the most common cause of disease in tropical and resource-poor environments. In the majority of nations, skin NTDs account for approximately 10% of all skin diseases.
Technological advancements are also contributing significantly to the growth of this market. Manufacturers are incorporating revolutionary technology like artificial intelligence (AI) and augmented reality (AR) into their goods. These technologies provide individualized skincare solutions that may be tailored to specific skin types and issues, increasing treatment efficacy. For example, AI-powered devices may detect skin issues in real-time and offer individualized treatment regimens, making them more enticing to consumers looking for personalized care.
For instance, in July 2023, Perfect Corp., the leading provider of artificial intelligence (AI) and augmented reality (AR) fashion and beauty tech solutions, announced the launch of new AI-powered Skin Type Detection technology. The novel skin technology immediately analyzes up to 14 different skincare problems to precisely classify the user's skin type as normal, oily, dry, sensitive, or combination. The speed and quality of the analysis contribute to a more personalized and convenient method for consumers to be more proactive in their skincare journey.
Side effects associated with the usage of devices
Factors such as side effects associated with the usage of devices are expected to hamper the global skincare devices market. As customers increasingly depend on innovative skincare technologies, the risk of adverse reactions may discourage users and hamper market expansion. One major worry is the variety of adverse cutaneous reactions that can arise with skincare products and technology. Common problems include itching, redness, and swelling, which affect a large number of users. Furthermore, improper utilization of equipment, particularly at-home treatments, increases additional hazards. When used erroneously, devices like lasers and microneedling instruments can cause catastrophic skin damage. The inappropriate use might cause epidermal burns or infections that require professional care.
The global skincare devices market is segmented based on diagnostic devices, treatment devices, application, end-user, and region.
Hair removal segment is expected to dominate the global skincare devices market share
The hair removal segment is anticipated to dominate the global skincare devices market owing to increasing demand for hair removal, rising awareness and acceptance of personal grooming practices among both men and women, technological advancements, recent product launches, and approvals. With changing societal norms and a greater emphasis on appearances, customers are increasingly choosing long-term hair removal options over traditional methods such as shaving or waxing. Laser hair removal systems and Intense Pulsed Light (IPL) devices provide a more permanent treatment, appealing to consumers who value efficiency and convenience. These technologies not only produce great results, but they also reduce the discomfort commonly associated with traditional hair removal treatments, making them a better option for consumers.
The success of laser hair removal is primarily due to a process known as selective photothermolysis. This technique involves the selective absorption of laser light by melanin, which is found in larger concentrations in darker hair than in lighter hair hues. Technological improvements have substantially improved the efficacy and safety of hair removal technologies, adding to their appeal. The latest technologies are developed with features that accommodate different skin types and hair hues, providing inclusion and usability.
For instance, in March 2024, Alma, a Sisram Medical company and a global leader in energy-based medical and cosmetic products, announced the release of a new edition of Soprano Titanium that allows for faster and more efficient hair removal sessions. Soprano Titanium Special Edition, which is driven by a cloud-based business tool, gives practitioners access to real-time data and analytics from anywhere, allowing them to get useful insights into system performance, treatment efficiency, ROI, and other metrics to optimize clinic performance.
North America is expected to hold a significant position in the global skincare devices market share
North America will likely account for a significant share of the global skincare devices market, owing to its well-established healthcare infrastructure, increasing geriatric population, increasing number of skin diseases, increasing awareness of skincare procedures among people, technological advancements and recent product launches, and approvals.
The aging population is growing more conscious of the value of skincare and personal grooming, creating a greater need for effective skincare equipment tailored precisely to their needs. The older population frequently encounters a variety of skin-related concerns, including wrinkles, sagging skin, and age spots, requiring efficient treatment solutions. Skincare gadgets designed for anti-aging purposes, such as laser treatments, microdermabrasion machines, and LED light therapy devices, are especially compelling to older persons looking for non-invasive ways to improve their skin appearance.
For instance, centenarians currently make up just 0.03% of the overall U.S. population, and they are expected to reach 0.1% in 2054. The U.S. population overall is expected to trend older in the coming decades as life expectancies increase and the birth rate declines. There are currently roughly 62 million adults ages 65 and older living in the U.S., accounting for 18% of the population. By 2054, 84 million adults ages 65 and older will make up an estimated 23% of the population. Even as the 65-and-older population continues to grow over the next 30 years, those in their 100s are projected to roughly double as a percentage of that age group, increasing from 0.2% of all older Americans in 2024 to 0.5% in 2054.
Furthermore, advances in laser technology and light therapy have transformed hair removal and anti-aging procedures. Modern laser systems are now safer and more effective, able to treat a broader range of skin types with minimal discomfort or downtime. This has resulted in growing popularity among consumers looking for non-invasive treatments for skin rejuvenation and hair removal. The flexibility to execute these treatments at home adds to their popularity, as people may achieve professional-level results without having to visit the salon on a regular basis. For instance, in January 2023, Reveal Lasers LLC announced the launch of the AlloraPro Laser Workstation, a state-of-the-art device designed for permanent hair reduction and skin rejuvenation treatments. The device's intuitive user interface has color-coded screens based on the active wavelength, allowing professionals to customize treatments for each patient.
Asia Pacific is growing at the fastest pace in the global skincare devices market
The Asia Pacific region is emerging as the fastest-growing market for skincare devices, owing to a combination of demographic trends, increased skin-related disorders, recent launches, and technological advancements. One of the primary factors driving this expansion is the rising prevalence of skin and hair disorders in the region. As urbanization accelerates and lifestyles shift, more people are experiencing acne, pigmentation, hair loss, and other skin-related disorders. This has increased the demand for effective skincare gadgets that may address these prevalent ailments without requiring intrusive procedures. The increased awareness of skin health and appearance has led customers to seek out modern technology such as LED therapy devices, microdermabrasion tools, and laser hair removal systems, which are thought to be more successful than previous procedures.
For instance, according to the Indian Journal of Dermatology, Venereology, and Leprology, Years lived with disability due to skin and subcutaneous diseases accounted for 4.02% of the total years lived with disability in India. There was an increase of 53.7% in all age-standardised years lived with disability. Among skin and subcutaneous diseases, dermatitis contributed maximum years lived with disability (1.40 million; 95% uncertainty interval, 0.82-2.21) in 2017, followed by urticaria (1.02 million; 95% uncertainty interval, 0.06-1.44) with percentage increases of 48.9% and 45.7% respectively.
There are recent launches that use recent and latest technology and it drives the market. For instance, in October 2024, Skinnovation Private Limited launched two novel devices, Meta Cell Technology (MCT) and Mirapeel. These two devices, which promote radiant skin and help Indians deal with sagging skin, fine wrinkles, dullness, acne scars, and overall texture enhancement, are thought to be more successful than traditional approaches.
The major global players in the global skincare devices market include Alma Lasers, Cynosure Lutronic, Solta Medical, Cutera, Inc., Candela Corporation, Canfield Scientific, Inc., Aesthetic Group, LUSTRE, Image Dermatology, and Fotona among others.
Emerging Players
Youthier, Biotix, and OneSkin among others.
The global skincare devices market report delivers a detailed analysis with 60+ key tables, more than 50 visually impactful figures, and 176 pages of expert insights, providing a complete view of the market landscape.
Target Audience 2024
LIST NOT EXHAUSTIVE