The facial treatment devices market is likely to be valued at US$808.4 mn by the end of 2017 and further rise to US$1,149.6 mn by the end of 2022. It is also expected to exhibit a strong 7.3% CAGR from 2017 to 2022.
Albany, NY -- (SBWIRE) -- 11/13/2017 -- Due to continuous exposure to pollution, dust particles and harmful sun rays, skin develops wrinkles, dark spots, blackheads, acne and pigmentation. This leads to the adoption of facial treatments. According to a recent study, the demand for facial treatment has grown in the last few years due to a number of factors such as the growing disposable income of urban consumers and the rising proclivity of consumers to spend increasing amounts on cosmetic treatments. Also, the market is likely to rise at a steady pace in the coming years. To provide comprehensive insights on the market trends, Market Research Hub (MRH) has freshly broadcasted a study titled "Facial Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022" to its wide repository. This 170-pages study offers a holistic outlook of the market covering market trends, factors along with industry growth prospects from 2012 to 2017, and forecast to 2022. The report also highlights opportunities in the facial treatment market at the global and regional level.
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A facial treatment is a cosmetic procedure that is used to restore the youthful appearance to the human face. It has a number of benefits that cater to both men and women. It is well known that pollution levels have been growing rapidly and the growing adoption of unhealthy lifestyles and dietary choices among people have resulted in a growth in a number of diseases. The research finds that these are the major contributing factor to this phenomenon, thus boosting the market growth for facial treatments. As per the key findings, the facial treatment devices market is anticipated to be valued at US$808.4 mn by the end of 2017 and further rise to US$1,149.6 mn through 2022. Also, the market is likely to exhibit a strong 7.3% CAGR from 2017 to 2022.
This report provides a solid understanding of the major factors driving and restraining the growth of the global market as well as a comprehensive understanding of the segmentation of the facial treatment devices market. In addition, the quantitative and qualitative impact of key drivers on the facial treatment devices market is described in the report in detail to acquaint readers with the factors likely to relief their market expansion plans in the coming years.
In this study, a detailed discussion of the segmentation of the facial treatment devices market provides readers with a clear view of the various components of the market. The market has been segmented on the basis of product type and end-use. By product type, it covers laser-based devices, RF devices, ultrasound devices, IPL devices, and LED devices. Prime end-users are dermatology clinics and beauty clinics.
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Some of the key highlights of the report include-
- The geographical segregation of the report highlights market scenario in prime regions such as North America, Latin America, Europe, Japan, Asia Pacific except Japan, and the Middle East and Africa. Of these, North America is likely to remain the dominant contributor due to the widespread demand for facial treatment devices in developed countries such as the U.S. and Canada.
- At present, the chief driver for the global facial treatment devices market is the rising prevalence of dermatological conditions across the world.
- In terms of product type, IPL devices are likely to lead demand from the global facial treatment devices market in the coming years.
The final section of the report deals with the competitive landscape which highlights the key players that are operating in the facial treatment market along with details such as business positioning, financial standing, and SWOTs. Leading companies in the global facial treatment market include Solta Medical Inc., Lumenis Ltd., Cynosure Inc., Sciton Inc., Lynton Lasers Ltd., Strata Skin Sciences Inc., Syneron Medical Ltd., Lutronic Corporation, Venus Concept Canada Corporation, Cutera Inc., Alma Lasers Ltd., and Fotona d.d.
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