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Redding, California - June 18, 2024

Skincare Devices Market to be Worth $34.86 Billion by 2031

Skincare Devices Market Size, Share, Forecast, & Trends Analysis by Type (Laser, Liposuction, Electrosurgery, Cryotherapy, Dermatoscopes), Application (Acne, Hair Removal, Body Contouring, Cancer), Price, Gender, End User – Global Forecast to 2031

Meticulous Research^®—a leading market research company, published a research report titled, 'Skincare Devices Market Size, Share, Forecast, & Trends Analysis by Type (Laser, Liposuction, Electrosurgery, Cryotherapy, Dermatoscopes), Application (Acne, Hair Removal, Body Contouring, Cancer), Price, Gender, End User – Global Forecast to 2031’

According to this latest publication from Meticulous Research^®, the skincare devices market is projected to reach $34.86 billion by 2031, at a CAGR of 11.8% from 2024 to 2031. The growth of the skincare devices market can be attributed to several factors, including the growing importance of personal grooming and the evolution of skincare, reluctance to use facial care products due to the presence of toxic & harmful chemicals, increasing demand for non-invasive procedures, and high spending on personal care. Moreover, technological advancements in skincare devices, and growing penetration of e-commerce are expected to offer growth opportunities for the players operating in this market.

Key Players

The key players profiled in the skincare devices market report are Lumenis Ltd. (Israel), Alma Lasers GmbH (Germany), Cutrea, Inc. (U.S.), Johnson & Johnson Services, Inc. (U.S.), Syneron Medical Ltd. (Israel), Cynosure, Inc. (U.S.), Canfield Scientific, Inc. (U.S.), Solta Medical International, Inc. (U.S.), Image Derm, Inc. (U.S.), Nu Skin Enterprises, Inc. (U.S.), Illuco (U.S.), Aesthetics Biomedical, Inc. (U.S.), Medtronic plc (Ireland), DermaSensor, Inc. (U.S.), FOREO (Sweden), Ay Plus Beauty Equipment Co., Ltd. (China), and Comper Healthcare (China).

The skincare devices market is segmented by Type (Therapeutic Devices [Laser Systems, Electrosurgery Devices, Cryotherapy Devices, Microdermabrasion & Hydrodermabrasion Devices, Liposuction Devices, Light Therapy Devices, Ultrasonic Skin Devices, Other Therapeutic Devices], Diagnostic Devices [Dermatoscopes, Microscope, Biopsy Tools, Other Diagnostic Devices]), Price Range (Economical, Mid-range, Premium), Gender (Men, Women, Unisex), Application (Acne and Pigmentation Removal, Hair and Tattoo Removal, Body Contouring & Fat Removal, Skin Cancer Diagnosis, Skin Tightening and Rejuvenation, Deep Cleansing, Skin Exfoliation, Other Conditions), End User (Skincare Clinics, Hospitals & Ambulatory Surgery Centers, Homecare Settings, Beauty Salons & Spas) and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Among all types, in 2024, the therapeutic devices segment is expected to account for the larger share of the market. The large share of the segment is attributed to factors such as growing number of skincare device manufacturers, rising awareness for personal grooming in men & women, increasing number of aesthetic, non-surgical, and non-invasive procedures, user-friendly devices, and portability.

Among price ranges, in 2024, the mid-range segment is expected to account for the largest share of the market. The largest share of this market is attributed to the higher demand for medium-priced skincare devices to balance quality and affordability, the wide availability of products in this price range, and the increase in out-of-pocket expenditures.

Among applications, in 2024, the acne and pigmentation removal segment is expected to account for the largest share of the market. The large share of the segment is attributed to factors such as higher instances of pigmentations and acne in people, rising awareness for grooming, growing need to maintain facial aesthetics, rising popularity of skincare treatments among consumers, and availability of minimally-invasive procedures.

Among end users, in 2024, the skincare clinics segment is expected to account for the largest share of the market. The large share of the segment is attributed to factors such as the growing number of skincare clinics, affordable rates of skincare treatments, rising popularity of certain skincare procedures such as skin tightening and skin rejuvenation, the need to maintain skin and seem young, and growing variety of skincare devices.

Among geographies, North America is expected to account for the largest share of the market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. The large growth of the segment is attributed to factors such as rising number of skincare clinics and professionals, increase in the number of skincare treatment procedures, growing inclination towards personal grooming, rising awareness for self-care, and increasing presence of key market players. For instance, in December 2023, GESKE Beauty Tech GmbH (Germany) launched the SmartAppGuided skincare range application in the U.S. This application uses artificial intelligence (AI) to curate personalized skincare routines according to the consumer’s skin type through its tech-centric beauty devices.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5923

Key questions answered in the report-

Which are the high-growth market segments in terms of skincare devices by type, price range, gender, application, end user, and geography?
What was the historical market for skincare devices across the globe?
What are the market forecasts and estimates for the period 2024–2031?
What are the major drivers, restraints, opportunities, and challenges in the skincare devices market?
Who are the major players operating in the skincare devices market?
What is the competitive landscape, and who are the leaders in the skincare devices market?
What are the recent developments in the skincare devices market?
What are the different strategies adopted by the major players in the skincare devices market?
What are the geographical trends and high-growth regions/countries?

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Redding, California - June 18, 2024

Skincare Devices Market to be Worth $34.86 Billion by 2031

Skincare Devices Market Size, Share, Forecast, & Trends Analysis by Type (Laser, Liposuction, Electrosurgery, Cryotherapy, Dermatoscopes), Application (Acne, Hair Removal, Body Contouring, Cancer), Price, Gender, End User – Global Forecast to 2031

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