Skincare Devices Market

Global Skincare Devices Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2024-2030 The market is anticipated due to intensifying demand of skincare products, increasing geriatric populations, technological advancement, rising number of skin cancer patients.

Global Skincare Devices Market is valued at USD xx Billion in 2024 and it is expected to generate absolute dollar opportunity of USD xx Billion by 2030.

Scope of Global Skincare Devices Market

The global skincare devices market encompasses a wide array of products and technologies aimed at enhancing skin health and aesthetics. This market comprises devices used for skin tightening, body contouring, hair removal, and anti-aging therapies, such as dermabrasion machines, laser-based devices, light therapy devices, liposuction devices, and numerous others. Innovative concepts in the form of precise and user-friendly testing devices and portable gadgets have been made possible by technological breakthroughs. Intense pulsed light (IPL), radiofrequency, and ultrasound are a few of the contemporary technologies being introduced into the market to provide clients with non-invasive and minimally invasive options. Numerous applications, such as medical and cosmetic ones, have led to a robust product portfolio that caters to a broad variety of customers. The growing need for tailored skincare solutions and increased consumer awareness are likely to propel a considerable growth in the global skincare devices market. New and effective goods will be released, and continued innovation will drive this growth.

COVID-19 Impact on the Skincare Devices Market

In China and the US markets, the COVID-19 pandemic has resulted in divergent reactions in the demand for at-home Skin care devices. In 2020, sales of at-home Skin care devices increased in the United States despite a significant slowdown in the market's expansion in China. This has been greatly influenced by the COVID-19 pandemic, as consumers were forced to start at-home beauty routines during lockdowns. The cleansing category continues to dominate the U.S. market for beauty devices in 2020, despite sales favoring the anti-aging skin care devices category. Despite the industry leader, Clarisonic, leaving the market in 2020, a plethora of less-priced gadgets have entered the cleansing category and are offered for sale through online retailers like Amazon. Due to the closure of many spas, salons, and dermatologist clinics, the lockdown has an influence on sales of anti-aging products like NuFace and encourages consumers to adopt an at-home regimen. Hence, COVID-19 positively impacted on skincare devices market growth.

Key Players of Skincare Devices Market Report-

Some of the prominent players in the Skincare Devices market are Alma Lasers GmbH, Cynosure, Inc., Solta Medical Inc., Cutera, Inc., Syneron Medical Ltd., Canfield Scientific Inc., 3Gen, Aesthetic Group, Ambicare Health, Image Derm Inc., Fotona, and others.

What significant has happened recently in Skincare Devices market

The first-ever skincare personalization partnership between PROVEN and Sephora will bring PROVEN's skincare solutions and personalization technology to Sephora's online and physical stores.

On January 17, 2023, the leader in personalized skincare, PROVEN, announced a ground-breaking new relationship with luxury beauty shop Sephora to offer Sephora consumers PROVEN's cutting-edge skincare personalization technology and skincare solutions. The cooperation includes both digital and physical interactions and represents PROVEN's first foray into retail and Sephora's first foray into skincare personalization. The collaboration takes place at a time when customer demand for customized solutions is at an all-time high.

With the introduction of Perso, a groundbreaking, 3-in-1 device for customized at-home skincare and cosmetics, L'Oréal takes a further step into the beauty technology space at CES 2020.

On January 5, 2020, Perso, an AI-powered at-home device that represents the pinnacle of beauty personalization, was unveiled by L'Oréal. The Perso slimline device, created by the L'Oréal Technology Incubator, has a streamlined four-step method to offer on-the-spot skincare and cosmetic formulae that are optimized for escalating levels of personalization over time. It is 6.5 inches high and weighs a little over one pound.

Market Analysis

Increasing Geriatric Populations Drive the Skincare Devices Market Growth.

Increasing geriatric populations drive the skincare devices market growth in forecast period. Rising age has lot of changes on face such as wrinkles, acne, scares. Moreover, radio frequency and microcurrents are two of the technologies used by anti-aging devices to reduce the appearance of fine lines and wrinkles. These tools can also aid in tightening and firming the skin, making it look younger. Furthermore, anti-aging tools can be applied both at home and in a professional skincare device setting, and regular use can yield noticeable improvements. The objective of beauty products is to increase the physical attractiveness of users. These tools are convenient and extremely beneficial for the cosmetics industry, including the treatment of skin conditions including skin care devices for acne, wrinkles, and scars, among others. Hence, increasing geriatric populations drives the skincare devices market growth in forecast period.

Technological Advancement Boost the Skincare Devices Market Growth.

Technological advancements are poised to drive significant growth in the skincare devices market in the coming years. Factors such as smoking, environmental pollution, UV radiation, and excessive alcohol consumption contribute to the development of skin and hair disorders, highlighting the need for effective skincare solutions. Furthermore, the prevalence of skin diseases, including viral, bacterial, and fungal infections, is on the rise, further underscoring the importance of advanced skincare technologies. In response to these technologies, some companies are investing in innovative developments such as Renuvi Touch, the world's first robotic facial toning tool. This cutting-edge device utilizes moving elements to massage and lift the skin, targeting facial and neck muscles to tone, tighten, and lift the skin effectively. The device is designed to be secure, efficient, and easy to use, requiring no setup, which is expected to drive adoption and contribute to the growth of the skincare devices market. With continuous advancements in technology and the introduction of innovative products, the skincare devices market is poised for substantial expansion in the foreseeable future.

Radiofrequency Skin Tightening Hampered the Market Growth.

The global skincare devices market has faced hindrances in growth due to a lack of awareness about these innovative technologies. Despite the potential benefits they offer, many individuals remain unaware of the existence and efficacy of skincare devices, thereby limiting their adoption and market penetration. Additionally, concerns surrounding the safety and efficacy of certain skincare devices, such as radiofrequency (RF) therapy for skin tightening, have contributed to hesitancy among consumers. While RF skin tightening is generally considered safe when performed by certified professionals, there are risks of burns and side effects if the procedure is not administered correctly. Common side effects may include temporary swelling, redness, and tingling sensations. Furthermore, individuals with darker skin tones may be at a higher risk of experiencing adverse effects from laser skincare devices and RF treatments, further complicating the adoption of these technologies. As a result, the lack of awareness and safety concerns surrounding radiofrequency skincare devices have acted as barriers to the growth of the overall skincare devices market. Efforts to educate consumers about the benefits and safety measures associated with these technologies are essential to overcoming these challenges and fostering market expansion.

Geography Analysis-

Rising Number of Skin Cancer Patients in North America Boosts the Skincare Devices Market Growth.

Over the past few decades, there has been an increase in the incidence of both non-melanoma and melanoma skin cancers. Currently, 132,000 cases of melanoma and 2 to 3 million cases of non-melanoma skin cancer are reported annually worldwide. According to statistics from the Skin Cancer Foundation, one in every three cancers diagnosed are skin cancers, and one in every five Americans will have skin cancer at some point in their lives. Indoor tanning has been associated to more than 419,000 occurrences of skin cancer annually in the United States, including roughly 245,000 basal cell carcinomas, 168,000 squamous cell carcinomas, and 6,200 melanomas. Indoor tanning causes skin cancer in more people than smoking does lung cancer. This cancer patients are more focusing on skincare devices such as mini facial toning device and others which helps to boosts the skincare devices market growth in upcoming years.

Intensifying Demand for Skincare Devices in Asia Drives Market Growth.

Intensifying demand for skincare devices in Asia drives the market growth. For instance, the market for at-home beauty devices in China continues to witness double-digit gains so far in 2020, much stronger than in other developed countries, there has been a considerable fall in the growth rate, to almost half at 16%. The sharp fall in growth in 2020 is primarily due to the pandemic, stemming from lower consumer confidence and a significant decline in offline sales. Moreover, some of the international brands of at-home beauty devices, those that are imported into the country, have experienced a supply shortage, caused by the lockdown in some countries. Furthermore, anti-aging continues to be the leading category in China, addressing a higher-than-average market growth rate, due to an expanding consumer base, with increasing numbers of young consumers opting for these devices. Hair removal is the fastest-growing category, surpassing cleansing to become the second-leading category in China. In addition to the increasing awareness for hair removal among female consumers, IPL skincare devices, with high cost-effectiveness backed by advancement of technology, enable a relaxed treatment at home. Hence, increasing demand for skincare devices drives the market growth in the forecast period. 

What you can gain from Skincare Devices market Report–

• Provides an in-depth analysis of the dynamics of Skincare Devices market segments across various regions.

• Skincare Devices segment research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country Level.
• The Skincare Devices Segment Market report covers extensive analysis of emerging trends and the competitive landscape.
• The Skincare Devices segment report helps to identify opportunities in the marketplace.

Global Skincare Devices Market Segmentation

By Product Types:

• Mini Facial Toning Device
• Dempsey Gold Sculpting Bar
• Smart Mask Treatment
• Uplift Massaging Beauty Roller
• Nano Current Facial Device
• Others

By Application:

• Skin Rejuvenation
• Diseases Diagnosis & Treatment
• Skin Tightening
• Hair Removal
• Damage Repair

By Distribution Channels:

• B2B
• B2C
  • Online
    • E-Commerce Platform
    • Company Websites
  • Offline
    • Hypermarket/Supermarket
    • Specialty Stores

By Regional & Country Level:

• North America
  • S.
  • Canada
• Europe
  • K.
  • France
  • Germany
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • GCC
  • Africa
  • Rest of Middle East and Africa