Skincare Devices Industry: Changing the Face of Skincare

The increasing prevalence of skin disorders around the world has fuelled the demand for skincare devices in the recent times. Major companies operating in the global skincare devices market are focusing on introducing highly developed state-of-art skincare devices to meet the demand of their customers.

Increasing Prevalence of Skin-aging Propels Demand for Skincare Devices

Nowadays, skin-aging has become the most common skin problem faced by people around the world. The rising pollution across the world has caused several severe environmental damages, which has accelerated the aging of skin in an individual. This factor has given rise to various trends in the worldwide skincare devices market, the emergence anti-ageing wearables being the latest one.

Although the global wearable tech market is still in its early stage, with three of the leading manufacturers of skincare products introducing their wearable anti-ageing devices, anti-ageing wearables are set to enjoy an exponential growth in demand in the near future.

L’Oreal Introduces My UV Patch, Feeligreen to Launch Anti-aging Skin-like Patch

The first among these is L’Oreal Paris, which has recently launched a UV-detecting patch, named My UV Patch. This is a smartphone-connected adhesive patch that keeps a tab on the UV exposure of its user. The company has entered into the wearable tech market with this introduction.

Second in line is Feeligreen, a French startup operating in dermo-therapeutic and dermo-cosmetic applications. Using micro-current technology, the company is working on creating a skin-like patch, equipped with anti-ageing benefits for active treatment of the signs of ageing. This patch will also help in diffusing beauty products and topical medication into the skin.

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Wired Beauty Rolls out World’s First Connected Beauty Mask

Futuristic facial mask from Wired Beauty is the third wearable skincare device that has created a buzz in the global market. The device, named MAPO, is the first connected beauty mask in the world.

The device, developed on crowd-funding, is a 3D soft silicon face mask, equipped with bio-sensors to measure skin-hydration level in real time. This information is transmitted to an app, which offers recommendations related to skincare to the wearer. The company has priced this device at US$221.74.

North America to Retain its Position as Market Leader in Global Skincare Devices Market

The global skincare devices market has been witnessing a remarkable rise over the past few years. Transparency Market Research (TMR) has recently published a research report on the global skincare devices market, estimating it to report a CAGR of 10.10% between 2012 and 2018 and reach a value of US$10.7 bn by the end of 2018.

North America has been leading the global market for skincare since last few years. Experts project it to retain its position in the coming years. Asia Pacific is also predicted to exhibit significant growth in the near future.

Skincare Devices Market - Global Industry Analysis, Trends and Forecast, 2012 - 2018

A new market research report has been recently published by Transparency Market Research and is available for sale on the company website. The research report, titled “Skincare Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” presents a market overview, product segmentation, market drivers, restraining factors, opportunities, geographical segmentation, and competitive landscape.According to the research report, the global skincare devices market is projected to reach US$10.7 bn by the end of 2018, exhibiting a 10.10% CAGR between 2012 and 2018. The research report has made use of graphical representation such as charts and tables to present historical data and forecast figures of the global skincare devices market.

Browse the full Skincare Devices Market (Lasabrasion, Microdermabrasion, Liposuction, LED Therapy, Dermatoscopes, Skin Rejuvenation, Cellulite Reduction, Skin Tightening & Body Contouring and Hair Removal) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 report at http://www.transparencymarketresearch.com/skincare-devices-market.html

The growing number of ‘medspas’ and booming medical tourism across the globe are the major factors that are expected to boost the demand for skincare devices through the forecast period. In addition, the introduction of minimally-invasive devices for skincare have helped the market gain more consumers, which will indirectly augment the growth of the global skincare devices market in the coming years. On the other hand, the cutthroat competition in this market has resulted in a multitude of research and development projects being undertaken. The price wars for these devices have given consumers greater bargaining authority, which can act as a major restraining factor for the growth of the global skincare devices market.

The global skincare devices market has broadly been divided based on product type into the treatment devices market (such as LED therapy devices, electrosurgical devices, lasabrasion devices, microdermabrasion devices, cryotherapy devices, and liposuction devices,) and diagnostic devices market (such as dermatoscopes, biopsy devices, and image guidance systems). On the basis of application, the global skincare devices market has been classifies into disease diagnosis and treatment, body contouring, skin tightening, skin rejuvenation (to counter problems such as sun damage, wrinkles, acne), damage repair (such as pigmented lesions, vascular, and tattoo removal), hair removal, and cellulite reduction.

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The research report further divides the global skincare devices market on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Among these regions, North America held the largest share of the global skincare devices market and is also expected to maintain its dominant position throughout the forecast period. Nevertheless, the tremendously rising disposable income of consumers in developing nations of the Latin America and Asia are boosting the demand for skincare devices resulting in the market attaining a significant growth rate.

In the last section, the research report covers the competitive landscape of the global skincare devices market comprising the company overview, product portfolio, business strategies, financial overview, SWOT analysis, and recent developments. Some of the prominent players operating in this market are Syneron Medical Ltd., PhotoMedex, Inc., Cynosure, Inc., Cutera, Inc., Lumenis Ltd., and Solta Medical, Inc. Many key players operating in the global skincare devices market are expanding their marketing budgets to increase the level of awareness among the consumers.

Key segments of the Global Skincare Devices market

Global Skincare Devices Market, by Product Type

• Diagnostic Devices Market
• Biopsy Devices
• Image Guidance Systems
• Dermatoscopes
• Treatment Devices Market
• Lasabrasion (Laser Skin Resurfacing) Devices
• Microdermabrasion Devices
• Electrosurgical Devices
• Liposuction Devices
• Cryotherapy Devices
• LED Therapy Devices

Global Skincare Devices Market, by Application

• Disease Diagnosis And Treatment
• Skin Rejuvenation (Acne, Sun Damage, Wrinkles)
• Hair Removal
• Cellulite (Fat) Reduction
• Skin Tightening and Body Contouring
• Damage Repair (Vascular, Pigmented Lesions and Tattoo Removal)

Global Skincare Devices Market, by Geography

• North America
• Europe
• Asia-Pacific
• Rest Of The World (Row)

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