Skin is an outer covering of the human or animal body. Skin is by-far the largest organ in the integumentary system, and is helpful in many aspects such as protecting us from many harmful elements including microorganisms, enabling heat sensations, cold and touch sensations, and also in regulating our body temperatures. Skin care devices are devices that are used by individuals and professionals for treatment of various skin issues and also to help cover imperfections on the skin.
Rising adoption of skin care devices owing to their extensive role in aesthetics as well as increasing incidences of skin disorders across the globe are key factors driving growth of the global consumer skin care devices market. In addition, at-home skincare products hold largest market share, owing to rising demand from toning, anti-aging, and other skincare devices. Additionally, manufacturing of cost-effective, and technologically advanced devices, increasing adoption of minimally invasive and non-invasive treatments, ultrasonic treatments, and increasing awareness about new technologies in skin care industry are major factors fueling growth of the global consumer skin care devices market over the forecast period. Moreover, changing consumer lifestyles, and ability to spend on treatments such as liposuction, lasabrasion, and microdermabrasion are expected to boost demand for consumer skin care devices over the forecast period.
However, high cost of certain skin care devices is a key factor restraining growth of global consumer skin care devices market. Additionally, increasing incidence of side effects by use of specialized devices for skin care is a major factor expected to hamper growth of the global skin care devices market over the forecast period.
Additionally, increasing incidence of skin cancer and various skin disorders such as dermatitis, acne, psoriasis, skin warts, moles, and lesions is rising demand for innovative and technologically advanced skin care devices which in-turn is expected to provide numerous opportunities for major players in the market to expand their presence.
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The global consumer skin care devices market report has been segmented on the basis of type, application, and region. The regions covered are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Currently, the market in North America dominates the global consumer skin care devices market in terms of revenue, owing to presence of high-income consumer base, and high rate of adoption of latest technologies in countries in the region. The market in Europe accounted for second-highest revenue share in the global consumer skin care devices market, followed by markets in Latin America, Asia Pacific, and Middle East & Africa respectively. The market in Asia Pacific is projected to have fastest growth in terms of revenue, owing to rapidly expanding consumer base, and presence of local manufacturers that offer cost-effective skin care products in the region.
Prominent players in the global consumer skin care devices market include Cutera, Alma Lasers, Cynosure, Inc., Michelson Diagnostics, Lumenis, Valeant Pharmaceuticals North America LLC., PhotoMedex, Inc., and Syneron.
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