A recent report published by Infinium Global Research on facial treatment market provides an in-depth analysis of segments and sub-segments in global as well as regional facial treatment market.
Pune, India -- (SBWIRE) -- 01/15/2020 -- The latest report on "Facial Treatment Market (Product - Laser Based Devices, Ultrasound Based Devices, Dermal Fillers, Microabrasion Equipment, Botulinum, and Chemical Peels; End User - Beauty Clinics and Dermatology Clinics): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024." The global facial treatment market is projected to grow at a CAGR of 7% over the forecast period of 2018-2024.
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Increasing Demand for Cosmetic Treatments to Promote Growth in the Facial Treatment Industry
The increasing demand for cosmetic treatments and the growing purchasing power of modern consumers are driving the growth of the market. Furthermore, consumers' enthusiasm to spend significant amounts on cosmetic facial treatment and the increasing occurrence of dermatological conditions are also boosting the facial treatment market. Increasing pollution levels regarding facial treatment, rising adoption of unhealthy lifestyles and dietary choices which resulted in a growth in a number of diseases including dermatological conditions are fueling the growth of the facial treatment market. Besides, rising demand for cosmetic treatments is also likely to increase the growth of the market in upcoming years.
North America is Likely to Dominate the Facial Treatment Market Through 2018-2024
North America is likely to dominate the facial treatment market. While the Asia Pacific is expected to emerge as a noteworthy contributor to the facial treatment market. In North America region factors such as the increasing prevalence of dermatological disorders that require the use of facial treatment are driving the market growth. Increasing disposable income of consumers and willingness to spend on their appearance in the Asia Pacific region are boosting the growth of the facial treatment market.
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"STRATA Skin Sciences Announced Licensing Agreement for Certain MelaFind Assets"
July 2018, STRATA Skin Sciences a medical technology company in Dermatology and Plastic Surgery dedicated in developing, commercializing, and marketing innovative products for the treatment of dermatologic conditions, announced a fully paid exclusive and perpetual license agreement with a strategic entity for a de-identified digital image library of pigmented lesions and their related documentary information, related to STRATA's discontinued MelaFind device. STRATA retains all intellectual property rights related to the MelaFind device and product line, including patents, design files and PMA approval to market. The strategic entity will be allowed exclusive rights to the de-identified digital images.
MelaFind® was developed by the Company with the intention to provide a dermatologist with software-driven image analysis of clinically irregular pigmented moles when they choose to obtain additional info to help decide whether or not to biopsy (at the most curable and cost-effective stage). MelaFind® is both FDA Pre-Market Approved (PMA) for the U.S. and has CE Marking certification for the European Union.
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The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global facial treatment market. Moreover, the IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the facial treatment market.
Moreover, the study highlights current market trends and provides a forecast from 2018-2024. We also have highlighted future trends in the facial treatment market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the facial treatment market to understand the present and future trends in this market and formulate their strategies accordingly.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the facial treatment.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.