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Skincare Devices Market Size, Share, Trends, Production, Consumption, Sales, and Forecast 2022-2030

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The global skincare devices market size was valued at USD 11.4 billion in 2021, and is predicted to be worth around USD 33.3 billion by 2030, registering a CAGR of 10.9% during the forecast period 2022 to 2030.

Growth Factors

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 increasing prevalence of skin cancer and other skin diseases is contributing largely to the high demand for skincare devices. Furthermore, growing awareness among people about the esthetic appeal and technological advancements in skincare devices are also increasing the adoption of these devices significantly. The rise in disposable income is also considered as one of the important factors driving the market.

Report Coverage

Report Scope Details
Market Size US$ 33.3 billion by 2030
Growth Rate CAGR of 10.9% From 2022 to 2030
Largest Market Asia Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Product, Application, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Alma Lasers GmbH; Cynosure, Inc.; Solta Medical, Inc.; Cutera, Inc.; Syneron Medical Ltd.; Canfield Scientific, Inc.; 3Gen; Aesthetic Group; Ambicare Health; Image Derm, Inc.

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The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.

Overview of Skincare Devices Market Study

Skincare Devices market study conducted by Vision Research Reports is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies and their customers to make informed decision to sustain growth through the assessment period.

Scope of the Study

This Skincare Devices market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, product, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

By Regional Analysis

 North America dominated the skincare devices market and accounted for the largest revenue share of 43.0% in 2021. The increasing prevalence of skin cancer and other skin diseases such as acne, eczema, and rosacea and the increasing adoption of cosmetic procedures are some of the major factors contributing to the growth of the market in this region.

In Asia Pacific, the market is expected to witness significant growth over the forecast period owing to the growth of medical tourism in the region. In addition, the availability of affordable treatment options is also expected to propel market growth.

Key Players

  • Alma Lasers GmbH
  • Cynosure, Inc.
  • Solta Medical, Inc.
  • Cutera, Inc.
  • Syneron Medical Ltd.
  • Canfield Scientific, Inc.
  • 3Gen
  • Aesthetic Group
  • Ambicare Health
  • Image Derm, Inc.

Market Segmentation

  • By Product
    • Diagnostic Devices
      • Dermatoscopes
      • Microscopes
      • Other Imaging Devices
      • Biopsy Devices
    • Treatment Devices
      • Light Therapy Devices
      • Lasers
      • Electrosurgical Equipment
      • Liposuction Devices
      • Microdermabrasion Devices
      • Cryotherapy Devices
  •  By Application
    • Diagnostic Devices
      • Skin Cancer Diagnosis
      • Other
    • Treatment Devices
      • Hair Removal
      • Skin Rejuvenation
      • Acne, Psoriasis, and Tattoo Removal
      • Wrinkle Removal and Skin Resurfacing
      • Body Contouring and Fat Removal
      • Cellulite Reduction
      • Vascular and Pigmented Lesion Removal
      • Others
  • By End-use
    • Hospitals
    • Clinics
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Netherlands
      • Belgium
      • Switzerland
    • Asia Pacific
      • Japan
      • China
      • India
      • Thailand
      • South Korea
      • Indonesia
      • Singapore
      • Malaysia
      • Australia
      • Philippines
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
    • MEA
      • South Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Turkey

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Key Points Covered in Skincare Devices Market Survey

  • Demand will remain high in the U.S., backed by favorable reimbursement policies and presence of some of the leading market players.
  • Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
  • China and India will exhibit high demand for Skincare Devices, backed by expanding healthcare sector.
  • Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Skincare Devices market.
  • In terms of (segment type), (segment name) will emerge as the top-choice.
  • Hospitals are expected to showcase higher demand for Skincare Devices on account of greater access to advanced technologies and higher footfall of patients.
  • Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Skincare Devices market will continue increasing at a high pace.

Some of the key highlights covered in the report includes:

  • Skincare Devices Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global Skincare Devices market. It examines trends and factors influencing demand for Skincare Devices globally and gauges the impact of the same on the production.
  • Skincare Devices Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
  • Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
  • Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Skincare Devices across the world.
  • Competitive Analysis – Some of the leading market players are profiled in the report on Skincare Devices. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.
  • COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
  • Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global Skincare Devices market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Skincare Devices are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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