Latest News- Skincare Devices Market: Treatment devices is expected to lead the Product segment during 2025-2029

The Skincare Devices Market is being driven by Rising prevalence of skin disorders

The Skincare Devices Market is expected to grow at a CAGR of 12.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 12416.2 million. The global skincare devices market is experiencing robust growth due to the continuous introduction of technologically advanced products. Companies are capitalizing on innovative solutions to cater to diverse skin concerns, merging medical and aesthetic applications. Notably, Lumenis Be Ltd., a leading energy-based medical device company, recently launched OptiPLUS, the industry's first dual-frequency radiofrequency (RF) device. FDA-cleared, OptiPLUS integrates advanced RF technology to deliver heat at varying tissue depths, fostering collagen formation, enhancing meibomian gland function, and rejuvenating peri-orbital skin. This groundbreaking device complements Lumenis' existing OptiLIGHT technology, renowned for dry eye treatment. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Treatment devices
  • Diagnostic devices
• End-user
  • Dermatological clinics
  • Hospitals
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising prevalence of skin disorders
• Growing demand for aesthetic procedures
• Aging population

However, the market also witnesses some limitations, which are as follows:

• High cost of advanced devices
• Regulatory compliance
• Potential side effects and risks

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Market Scope in Skincare Devices Market Research Report

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Research Analysis Overview

The skincare devices market encompasses a range of technologies designed to enhance skin health and appearance. From skin rejuvenation treatments and mole removal to wrinkle reduction and vascular lesion removal, these devices offer various benefits. Dermatologists provide professional dermatological procedures, including non-surgical facelifts and anti-aging treatments, for skin health concerns such as skin allergies, irritation, sensitivity, and sun damage. Skincare products complement these treatments, focusing on skin hydration, texture improvement, and skin tone enhancement. The skincare industry continues to evolve, with trends towards organic, natural, and affordable skincare, as well as advanced skincare technology like laser skin resurfacing. Skincare routines incorporate these innovations, along with expert tips from dermatologists, to maintain optimal skin health and address specific skin disorders.

Market Research Overview

The global skincare devices market is a significant segment of the larger household and personal care products industry, encompassing innovative technologies for aesthetic enhancement, fat removal, and early diagnosis of conditions such as melanoma. Dermatologists and treatment centers increasingly rely on advanced skincare devices for effective patient care. According to Technavio's market analysis, the growth of this sector will be fueled by rising disposable income, enabling consumers to invest in premium skincare solutions and lifestyle improvements. The global personal care products market size is determined by the combined revenue generated from the production of cosmetics, perfumes, masks, sex toys, hair wigs and extensions, polarized sunglasses, and advanced skincare devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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Website: www.technavio.com/