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The global skincare devices market size attained a value of about USD 19.58 billion in 2023. The global skincare device market size is expected to grow at a CAGR of 12.5% to attain a value of nearly USD 56.50 billion by 2032. The increasing growth of global skincare market size is due to the prevalence of dominating social media trends and increasing awareness about skin concerns.
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Increasing skin concerns and the rising awareness about the available treatments are globally contributing to the global skincare devices market growth. These skincare devices are used to maintain and enhance natural beauty. These can be used for developing and maintaining a regular skincare routine. They can also be used to target specific skin concerns such as acne, ageing, body hair, and many other concerns that are similar to these.
The increasing prevalence of unhealthy lifestyle and eating habits are resulting in several hormonal concerns among people, that eventually leads to all these skin problems. Increasing awareness among all the age groups regarding their appearance is also at peak, which is further propelling the demand for these devices.
These skincare devices are of different types that are exclusively designed for different skin concerns of people. The different types of skincare devices include skin detectors, face sculptors, cleansing devices, skin treatment devices, micro-infuser, red and blue light devices, hair removal devices, along with many other devices.
The global skincare device market has transformed a lot in the past few years and is expected to transform in the future as well. Several skincare devices have been introduced in the global market and it has been booming ever since. The rising demand for LED light therapy is also providing a significant impetus to the growth of the market.
LED Light Therapy- The light emitting diode (LED) therapy is used to improve the quality of skin and promote hair growth as well. This light therapy was first used by NASA to heal the wounds of astronauts in space. Dermatologists and aestheticians are now promoting and sharing benefits of this effective and efficient light therapy for the skincare.
Light therapies are of different types and are capable of curing numerous skin concerns such as eczema, acne, sun damage, rosacea, wounds, and wrinkles. In rare cases, light therapy can also be used to cure a cancer called Basal Cell Carcinoma (BCC), which is small and peripheral.
There are different types of LED light therapies, which are used in accordance with specific concern of the user. Different type of LED light therapies are as follows:
Near-Infrared Therapy- This penetrates the most into the skin. NIR Near infrared light is responsible for activating photoreceptor cytochrome c oxidase that improves and accelerates metabolism, Increases the rate of wound healing. This light is used to convert luminous energy into metabolic energy to alter biological functions of cells.
The market size can be divided on the basis of type, end user, application, distribution channels, key players, region.
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Market Breakup by Type:
Market Breakup by End User:
Market Breakup by Application:
Market Breakup by Region:
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The market demand has been on a rise due to the increasing awareness and knowledge of the skincare products and highly advancing innovation in the global skincare device market.
These skincare devices are now available in affordable price ranges that support the requirement of the consumer of these products. The consumers are now aware of what they are using, and why they are using it more than ever. This is the reason that they believe in the scientifically backed and highly advanced skincare devices that are effective and useful for them.
This increasing awareness, knowledge, and curiosity is the reason behind the upscaling demand for these skincare devices. These devices provide efficient and visible results, which increases the demand as they buy them over and over. The fact that these devices are recommended by doctors, dermatologists, and aestheticians, people look forward to using these skincare devices without many doubts in their minds.
The global skincare devices market demand is rapidly growing and is likely to continue growing at a rapid pace in the coming years as well. More technologies will be introduced to target different issue more efficiently and provide effective results.
The report gives an in-depth analysis of the key players involved in the global skincare devices market, sponsors investing in the research and development, manufacturers working on the devices, and putting them through trials to get FDA approvals. The companies included in the market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 19.58 billion in 2023.
The skincare devices market value is estimated to grow at a CAGR of 12.5% for the forecast period of 2024-2032 to attain a value of USD 56.50 billion by 2032.
The key drivers include the rising disposable incomes, rising skin issues, and the increasing awareness about the benefits of using skincare devices.
The rising popularity of LED light therapy in the skincare market acts as a key trend for the market.
The major regional markets for skincare devices include North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
The type of devices can be categorized into diagnostic and treatment devices. Diagnostic devices can be divided into biopsy devices, dermatoscopes, image guidance systems, and microscopes. Treatment devices can further be divided into microdermabrasion devices, lasabrasion devices, electrosurgical devices, cryotherapy devices, and liposuction devices.
The end-users of skincare devices include hospitals and clinics, among others.
Skincare devices find wide applications in skin rejuvenation, disease diagnosis treatment, hair removal, skin tightening body contouring, cellulite reduction, and damage repair.
Key players in the global market are Alma Lasers, Cynosure, Inc, Solta Medical, Inc., Cutera, Syneron, Canfield Scientific. Inc, 3Gen, Aesthetic Group, Ambicare Health, Image Derm, Inc., and Fotona, among others.
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