Popularity of cosmetic procedures such as liposuction, skin tightening, body contouring, and skin rejuvenation that enhance the overall appearance of the client and make them look more youthful and fit is on the rise. Rise in the geriatric population in the U.S. and other parts of the world, particularly in Japan, is expected to drive the skincare devices market.
Albany, NY -- (SBWIRE) -- 08/26/2016 -- Dermatology refers to diagnosis and treatment of skin abnormalities and disorders. Additionally, skincare devices also comprises various aesthetic applications for cosmetic care and augmentation of skin and body appearance. This report on the global skincare devices analyses the current and future prospects of the market. The report comprises an elaborated executive summary, including a market snapshot that provides overall information of various segments and sub-segments within the global skincare devices market. The research is a robust combination of primary and secondary research. Primary research formed the bulk of our research efforts with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. The report provides market size in terms of US$ million for each segment for the period from 2013 to 2023, considering the macro and micro environmental factors. Growth rates for each segment within the skincare devices market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, and regulatory requirements.
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The market overview section of the report includes qualitative analysis of the overall skincare devices market, including the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter's Five Forces Analysis. The increasing global incidence of skin cancers coupled with the rising disposable incomes of patients is propelling the uptake of skincare devices. However, the competitive pricing and higher equipment costs are set to restrain the market during the forecast period. Additionally, the report contains market attractiveness analysis by geography and competitive landscape by key players. The market attractiveness analysis explains the intensity of competition in the market in different geographies. The competitive scenario between different market players is evaluated through market share analysis. These factors would help the market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.
The global skincare devices market has been segmented on the basis of type of product, type of application and geography. Based on product type, the skincare devices market has been categorized into two key segments: treatment devices and diagnostic devices. Treatment devices have been categorized in to six sub-segments: LED Therapy, Lasabrasion, Microdermabrasion, Liposuction, Electrosurgical, Cryotherapy, while diagnostic devices have been categorized into three sub-segments: Dermatoscopes, Biopsy Devices and Image Guidance Systems. Application for the skincare devices include: Disease Diagnosis/Treatment, Skin Rejuvenation, Hair Removal, Cellulite Reduction, Skin Tightening and Body contouring and Damage Repair. Market revenue in terms of US$ Mn for the period between 2013 and 2023 along with the compound annual growth rate (CAGR %) from 2015 to 2023 are provided for all the segments, considering 2014 as the base year.
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Geographically, the global skincare devices market has been analyzed considering four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). In addition the regions have been further segmented by major countries from each region, which include the U.S, Canada, Germany, U.K., China and India. The report also covers information intended to assist existing players to expand their market share and new companies to establish their presence in the skincare devices market. The report also profiles major players in the skincare devices market based on various attributes such as company overview, financial overview, key business strategies, product portfolio, and recent developments. The market for skincare devices is highly fragmented with a large number of manufacturers competing with similar shares in the global market. Key players profiled in this report include GE Healthcare, Cynosure, Inc., Lumenis Ltd., Syneron Medical Ltd., and Solta Medical, Inc.
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