The global skincare devices market is expected to grow in the future, due to the increasing rate of skin-related disorders, worldwide. Technological advancement in designing these devices, which are highly efficient and growing preference for them due to non-invasive procedures are the key drivers for the growth of this market.
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Skincare Devices Market - Opportunities and Forecasts 2014 -2020
1. v
Skincare Devices Market
Size, Share, Global Trends, Demand, Insights, Analysis, Research,
Report, Opportunities, Segmentation and Forecast, 2014 - 2020
www.alliedmarketresearch.com
Upcoming: 2015
Category: Healthcare
2. REPORT OVERVIEW
Skin is the outer covering of the human or animal’s body. It is the largest organ of the body
and performs various functions such as protecting us from many harmful elements
including microbes, enabling the sensations of heat, cold and touch and regulating our
body temperatures. The goal of this report is to provide an overview of the global skincare
devices markets with the current trends. Skincare devices are becoming popular due to
the rising incidences of skin-related disorders. Additionally, they are widely used in
aesthetics, which is a branch of philosophy dealing with beauty.
The global skincare devices market is expected to grow in the future, due to the increasing
rate of skin-related disorders, worldwide. Technological advancement in designing these
devices, which are highly efficient and growing preference for them due to non-invasive
procedures are the key drivers for the growth of this market. Additionally, rise in the
demand for aesthetic processes such as skin rejuvenation, skin tightening, body
contouring and liposuction will also drive the growth of the skincare devices market in the
future. However, competitive pricing and equipment cost are the major restraints for the
growth of this market.
3. REPORT OVERVIEW
Skincare Devices Market Analysis by Types: On the basis of its types, the global skincare
devices market is segmented into diagnostic and treatment devices, which are further sub-
segmented into diagnostic devices such as: biopsy, dermatoscopes and image guidance
system; Treatment devices includes LED therapy, liposuction, cryotherapy, electrosurgical,
lasabrasion and microdermabrasion devices. The LED therapy devices market occupies the
largest share in the market due to the rising number of hair removal and liposuction
procedures for skincare treatment. Moreover, the lasabrasion devices market is estimated
to record the maximum growth in the future.
Skincare Devices Market Analysis by Applications: On the basis of its applications, global
skincare devices market is segmented into skin rejuvenation, disease diagnosis and
treatment, skin tightening and body contouring, hair removal, cellulite reduction and
damage repair. Skin tightening & body contouring along with hair removal account for the
largest share in this market due to the demand for aesthetic procedures and global
acceptance of laser and light related devices.
4. REPORT OVERVIEW
Skincare Devices Market Analysis by Geography: The skincare devices market is
geographically segmented into North America, Europe, Asia Pacific and LAMEA. North
America has the largest share among the regions due to the presence of high income
consumers and technological advancements in various medical services. Furthermore,
Asia-pacific has the highest growth rate due to the growing number of disposable incomes
resulting from consumer expansion in this market. Additionally, the emerging economies
are growing due to the presence of several local manufacturers which provide cost-
effective services and novel products.
Competitive Analysis: The key companies profiled in this report are Cutera Inc., Alma
Lasers, Ltd., Cynosure Inc., Michelson Diagnostics Ltd., Lumenis Ltd., Palomar Medical
Technologies, Solta Medical, Inc., Photomedex Inc. and Syneron Medical Ltd. Increasing
consumers and technological advancements in various medical procedures for skincare are
opportunities for the major companies in this industry.
5. KEY BENEFITS
• The analysis provides an overview of the factors driving and limiting the growth of the
market including market trends, market structure and others.
• Market estimation for type and geographic segments is derived from the current
market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global skincare
devices market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the
growth of this market.
• In-depth analysis of the types of skincare devices would help in identifying future
applications in this market.
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