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Global Skincare Devices Market Share, Size, Growth, Report, Analysis, Forecast: By Types: Diagnostic Devices, Treatment Devices; By Application: Skin Rejuvenation, Disease Diagnosis Treatment, Hair Removal, Skin Tightening Body Contouring, Cellulite Reduction, Damage Repair; By End User; Regional Analysis; Supplier Landscape; 2023-2031
Global Skincare Devices Market Outlook
The global skincare devices market size attained a value of about USD 17.4 billion in 2022. The global skincare device market size is expected to grow at a CAGR of 12.5% to attain a value of nearly USD 54.2 billion by 2031. The increasing growth of global skincare market size is due to the prevalence of dominating social media trends and increasing awareness about skin concerns.
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Global Skincare Devices Market: Introduction and Insight
Increasing skin concerns and the rising awareness about the available treatments are globally contributing to the global skincare devices market growth. These skincare devices are used to maintain and enhance natural beauty. These can be used for developing and maintaining a regular skincare routine. They can also be used to target specific skin concerns such as acne, ageing, body hair, and many other concerns that are similar to these.
The increasing prevalence of unhealthy lifestyle and eating habits are resulting in several hormonal concerns among people, that eventually leads to all these skin problems. Increasing awareness among all the age groups regarding their appearance is also at peak, which is further propelling the demand for these devices.
These skincare devices are of different types that are exclusively designed for different skin concerns of people. The different types of skincare devices include skin detectors, face sculptors, cleansing devices, skin treatment devices, micro-infuser, red and blue light devices, hair removal devices, along with many other devices.
Skincare Devices Market Trends
The global skincare device market has transformed a lot in the past few years and is expected to transform in the future as well. Several skincare devices have been introduced in the global market and it has been booming ever since. The rising demand for LED light therapy is also providing a significant impetus to the growth of the market.
LED Light Therapy- The light emitting diode (LED) therapy is used to improve the quality of skin and promote hair growth as well. This light therapy was first used by NASA to heal the wounds of astronauts in space. Dermatologists and aestheticians are now promoting and sharing benefits of this effective and efficient light therapy for the skincare.
Light therapies are of different types and are capable of curing numerous skin concerns such as eczema, acne, sun damage, rosacea, wounds, and wrinkles. In rare cases, light therapy can also be used to cure a cancer called Basal Cell Carcinoma (BCC), which is small and peripheral.
Types of LED light therapy
There are different types of LED light therapies, which are used in accordance with specific concern of the user. Different type of LED light therapies are as follows:
- Blue LED light therapy- This therapy is used for taking care of skin concerns such as sun damage and fatal skin growth appearances. This therapy works only under top layer of skin.
- Yellow LED light therapy- The yellow LED lights penetrates deeper into the skin than the blue light. The yellow LED light is suitable for taking care of several skin concerns as healing wounds, and collagen production.
- Red LED light therapy- This therapy is useful in enhancing skin quality and reducing signs of skin ageing as wrinkles. It penetrates much more into the skin than the yellow LED light.
Near-Infrared Therapy- This penetrates the most into the skin. NIR Near infrared light is responsible for activating photoreceptor cytochrome c oxidase that improves and accelerates metabolism, Increases the rate of wound healing. This light is used to convert luminous energy into metabolic energy to alter biological functions of cells.
Global Skincare Devices Market Segmentations
The market size can be divided on the basis of type, end user, application, distribution channels, key players, region.
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Market Breakup by Type:
- Diagnostic Devices
- Biopsy Devices
- Dermatoscopes
- Image Guidance Systems
- Microscopes
- Treatment Devices
- Microdermabrasion Devices
- Lasabrasion Devices
- Electrosurgical Devices
- Cryotherapy Devices
- Liposuction Devices
Market Breakup by End User:
- Hospitals
- Clinics
- Others
Market Breakup by Application:
- Skin Rejuvenation
- Disease Diagnosis Treatment
- Hair Removal
- Skin Tightening Body Contouring
- Cellulite Reduction
- Damage Repair
Market Breakup by Region:
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Italy
- Others
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
- Latin America
- Brazil
- Argentina
- Mexico
- Others
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
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Global Skincare Devices Market Analysis
The market demand has been on a rise due to the increasing awareness and knowledge of the skincare products and highly advancing innovation in the global skincare device market.
These skincare devices are now available in affordable price ranges that support the requirement of the consumer of these products. The consumers are now aware of what they are using, and why they are using it more than ever. This is the reason that they believe in the scientifically backed and highly advanced skincare devices that are effective and useful for them.
This increasing awareness, knowledge, and curiosity is the reason behind the upscaling demand for these skincare devices. These devices provide efficient and visible results, which increases the demand as they buy them over and over. The fact that these devices are recommended by doctors, dermatologists, and aestheticians, people look forward to using these skincare devices without many doubts in their minds.
The global skincare devices market demand is rapidly growing and is likely to continue growing at a rapid pace in the coming years as well. More technologies will be introduced to target different issue more efficiently and provide effective results.
Global Skincare Devices Market: Competitive Landscape
The report gives an in-depth analysis of the key players involved in the global skincare devices market, sponsors investing in the research and development, manufacturers working on the devices, and putting them through trials to get FDA approvals. The companies included in the market are as follows:
- Alma Lasers
- Cynosure, Inc
- Solta Medical, Inc.
- Cutera
- Syneron
- Canfield Scientific, Inc.
- 3Gen
- Aesthetic Group
- Ambicare Health
- Image Derm, Inc.
- Fotona
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2016-2022 |
| Forecast Period | 2023-2031 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Types |
|
| Breakup by Application |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Skincare Devices Market Overview
3.1 Global Skincare Devices Market Historical Value (2016-2022)
3.2 Global Skincare Devices Market Forecast Value (2023-2031)
4 Global Skincare Devices Market Landscape
4.1 Global Skincare Devices Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Skincare Devices Product Landscape
4.2.1 Analysis by Types
4.2.2 Analysis by Application
4.2.3 Analysis by End User
5 Global Skincare Devices Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Skincare Devices Market Segmentation
6.1 Global Skincare Devices Market by Types
6.1.1 Market Overview
6.1.2 Diagnostic Devices
6.1.2.1 Biopsy Devices
6.1.2.2 Dermatoscopes
6.1.2.3 Image Guidance Systems
6.1.2.4 Microscopes
6.1.3 Treatment Devices
6.1.3.1 Microdermabrasion Devices
6.1.3.2 Lasabrasion Devices
6.1.3.3 Electrosurgical Devices
6.1.3.4 Cryotherapy Devices
6.1.3.5 Liposuction Devices
6.2 Global Skincare Devices Market by Application
6.2.1 Market Overview
6.2.2 Skin Rejuvenation
6.2.3 Disease Diagnosis Treatment
6.2.4 Hair Removal
6.2.5 Skin Tightening Body Contouring
6.2.6 Cellulite Reduction
6.2.7 Damage Repair
6.3 Global Skincare Devices Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Clinics
6.3.4 Others
6.4 Global Skincare Devices Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Skincare Devices Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Skincare Devices Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Skincare Devices Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Skincare Devices Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Skincare Devices Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Alma Lasers
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Cynosure, Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Solta Medical, Inc.
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Cutera
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Syneron
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Canfield Scientific, Inc.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 3Gen.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Aesthetic Group
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Ambicare Health
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Image Derm, Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Fotona
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
18 Global Skincare Devices Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market attained a value of about USD 17.4 billion in 2022.
The skincare devices market value is estimated to grow at a CAGR of 12.5% for the forecast period of 2023-2033 to attain a value of USD 54.2 billion by 2031.
The key drivers include the rising disposable incomes, rising skin issues, and the increasing awareness about the benefits of using skincare devices.
The rising popularity of LED light therapy in the skincare market acts as a key trend for the market.
The major regional markets for skincare devices include North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
The type of devices can be categorized into diagnostic and treatment devices. Diagnostic devices can be divided into biopsy devices, dermatoscopes, image guidance systems, and microscopes. Treatment devices can further be divided into microdermabrasion devices, lasabrasion devices, electrosurgical devices, cryotherapy devices, and liposuction devices.
The end-users of skincare devices include hospitals and clinics, among others.
Skincare devices find wide applications in skin rejuvenation, disease diagnosis treatment, hair removal, skin tightening body contouring, cellulite reduction, and damage repair.
Key players in the global market are Alma Lasers, Cynosure, Inc, Solta Medical, Inc., Cutera, Syneron, Canfield Scientific. Inc, 3Gen, Aesthetic Group, Ambicare Health, Image Derm, Inc., and Fotona, among others.
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