Skin is the outer covering of the human or animalโs body. It is the largest organ of the body and performs various functions such as protecting us from many harmful elements including microbes, enabling the sensations of heat, cold and touch and regulating our body temperatures. The goal of this report is to provide an overview of the global skincare devices markets with the current trends. Skincare devices are becoming popular due to the rising incidences of skin-related disorders. Additionally, they are widely used in aesthetics, which is a branch of philosophy dealing with beauty.
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The key companies profiled in this report are Cutera Inc., Alma Lasers, Ltd., Cynosure Inc., Michelson Diagnostics Ltd., Lumenis Ltd., Palomar Medical Technologies, Solta Medical, Inc., Photomedex Inc. and Syneron Medical Ltd. Increasing consumers and technological advancements in various medical procedures for skincare are opportunities for the major companies in this industry.
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- The analysis provides an overview of the factors driving and limiting the growth of the market including market trends, market structure and others.
- Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
- Porterโs Five Force Model and SWOT analysis are used to study the global skincare devices market and would help stakeholders make strategic decisions.
- The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
- In-depth analysis of the types of skincare devices would help in identifying future applications in this market.
The global skincare devices market is expected to grow in the future, due to the increasing rate of skin-related disorders, worldwide. Technological advancement in designing these devices, which are highly efficient and growing preference for them due to non-invasive procedures are the key drivers for the growth of this market. Additionally, rise in the demand for aesthetic processes such as skin rejuvenation, skin tightening, body contouring and liposuction will also drive the growth of the skincare devices market in the future. However, competitive pricing and equipment cost are the major restraints for the growth of this market.
Rising incidences of skin cancer and other skin-related disorders such as dermatitis, acne and psoriasis as well as skin abnormalities such as warts, lesions and moles are the key opportunities for the growth of this market worldwide. Moreover, โMedspasโ and rise in medical tourism make the global skincare devices market very attractive.
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๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/414
The skincare devices market is geographically segmented into North America, Europe, Asia Pacific and LAMEA. North America has the largest share among the regions due to the presence of high income consumers and technological advancements in various medical services. Furthermore, Asia-pacific has the highest growth rate due to the growing number of disposable incomes resulting from consumer expansion in this market. Additionally, the emerging economies are growing due to the presence of several local manufacturers which provide cost-effective services and novel products.
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