Product Code: 978-1-68038-233-4
Skincare Devices Market Growth & Trends:
The global skincare devices market size is expected to reach USD 34.3 billion by 2030, expanding at a CAGR of 12.3% from 2023 to 2030, according to a new report by Grand View Research, Inc.. An 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 of 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 the 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 is 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 the 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.
Skincare Devices Market Report Highlights:
- Cellulite reduction was the largest segment in 2014 owing to its wide acceptance and usage globally
- The body contouring and skin tightening segment is expected to witness the fastest growth over the forecast period due to the rising demand for aesthetic procedures
- North America accounted for the largest revenue share in 2022 owing to technological advancements, well-established infrastructure, and the presence of high-income buyers
- Asia Pacific is likely to be the fastest-growing region owing to the availability of cost-effective devices and rising disposable income
- Some of the prominent players of the market are Syneron Medical Ltd; Philips; Solta Medical Inc.; Alma Lasers Ltd; Schick Medical; Lumenis Ltd.; and PhotoMedex. The key players are engaging in different marketing strategies to increase their market shares.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. Application
- 1.1.3. End-use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
- 1.9.1. Objective 1
- 1.9.2. Objective 2
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Application outlook
- 2.2.3. End-use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Skincare Devices Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Skincare Devices Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Skincare Devices Market: Product Estimates & Trend Analysis
- 4.1. Skincare Devices Market: Key Takeaways
- 4.2. Skincare Devices Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Diagnostic Devices
- 4.3.1. Diagnostic devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.2. Dermatoscopes
- 4.3.2.1. Dermatoscopes market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.3. Microscopes
- 4.3.3.1. Microscopes market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.4. Other imaging devices
- 4.3.4.1. Other imaging devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.5. Biopsy devices
- 4.3.5.1. Biopsy devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Treatment Devices
- 4.4.1. Treatment devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. Light therapy devices
- 4.4.2.1. Light therapy devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. Lasers
- 4.4.3.1. Lasers market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.4. Electrosurgical equipment
- 4.4.4.1. Electrosurgical equipment market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.5. Liposuction devices
- 4.4.5.1. Liposuction devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.6. Microdermabrasion devices
- 4.4.6.1. Microdermabrasion devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.7. Cryotherapy devices
- 4.4.7.1. Cryotherapy devices market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Skincare Devices: Application Estimates & Trend Analysis
- 5.1. Skincare Devices Market: Key Takeaways
- 5.2. Skincare Devices Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Diagnostic Devices
- 5.3.1. Skin cancer diagnosis
- 5.3.1.1. Skin cancer diagnosis market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Others
- 5.3.2.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Treatment Devices
- 5.4.1. Hair removal
- 5.4.1.1. Hair removal market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.2. Skin rejuvenation
- 5.4.2.1. Skin rejuvenation market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.3. Acne, psoriasis, and tattoo Removal
- 5.4.3.1. Acne, psoriasis, and tattoo removal market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.4. Wrinkle removal and skin resurfacing
- 5.4.4.1. Wrinkle removal and skin resurfacing market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.5. Body contouring and fat removal
- 5.4.5.1. Body contouring and fat removal market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.6. Cellulite reduction
- 5.4.6.1. Cellulite reduction market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.7. Vascular and pigmented lesion removal
- 5.4.7.1. Vascular and pigmented lesion removal market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.8. Others
- 5.4.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Skincare Devices: End-use Estimates & Trend Analysis
- 6.1. Skincare Devices Market: Key Takeaways
- 6.2. Skincare Devices Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Hospitals
- 6.3.1. Hospitals market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Clinics
- 6.4.1. Clinics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Others
- 6.5.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Skincare Devices Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. Skincare Devices Market by Region: Key Takeaways
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.2. U.S.
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.3. Canada
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4. Europe
- 7.4.1. UK
- 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.3. France
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.4. Italy
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.5. Spain
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.6. Denmark
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.7. Sweden
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.8. Norway
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5. Asia Pacific
- 7.5.1. Japan
- 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.2. China
- 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.3. India
- 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.4. Australia
- 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.5. Thailand
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.6. South Korea
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6. Latin America
- 7.6.1. Brazil
- 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.2. Mexico
- 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.3. Argentina
- 7.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7. MEA
- 7.7.1. South Africa
- 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.2. Saudi Arabia
- 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.3. UAE
- 7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.4. Kuwait
- 7.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. Alma Lasers
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Cynosure, Inc.
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. Solta Medical, Inc.
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. Cutera
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. Syneron
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. Canfield Scientific, Inc.
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. 3Gen
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Aesthetic Group.
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. Ambicare Health
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. Image Derm, Inc.
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives
- 8.2.11. Fotona
- 8.2.11.1. Company overview
- 8.2.11.2. Financial performance
- 8.2.11.3. Product benchmarking
- 8.2.11.4. Strategic initiatives