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Skincare Devices Market Size, Share, Growth, Industry Analysis and Statistics Report

The global skincare devices market size was estimated at USD 4.6 billion in 2016. It is expected to progress at a CAGR of 10.0% over the forecast period.

ID: 1551640
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(businesspress24) - The global skincare devices market size is expected to reach USD 12.8 billion by 2020, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.0% during the forecast period. Increasing number of skin related disorders such as cancer and assorted disorders are likely to increase the adoption rate of these devices.

Rising use of home-care products and growing medical spa treatments are some the key trends stimulating market growth. Some of the key factors that are driving growth are technological advancements, growing appearance consciousness, and rising disposable income.

Growing awareness regarding benefits of skin rejuvenation amongst patients, rising demand for aesthetics, and increasing incidence of skin disorders are among the primary growth stimulants. Syneron Medical, a U.S. based company, is one of the biggest players in the skin rejuvenation market. Its product known as VelaSmooth which has been approved by the U.S. FDA.

The market is projected to witness significant growth over the forecast period, owing to rising prevalence of skin diseases. Technological advancements, extremely effective devices, and increasing acceptance of these devices as they are non-invasive, are some of the factors escalating the growth of the market.

Furthermore, surging demand for processes such as liposuction, body contouring, skin rejuvenation, and tightening is anticipated to accelerate the growth of the market. However, equipment cost and competitive pricing are limiting the market from realizing its utmost potential.

Further key findings from the report suggest:




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skincare-devices-market, skincare-devices-industry, skincare-device, skincare-devices, skincare, skin-care, medical-devices, medical,



Company information / Profile:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: http://www.grandviewresearch.com



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published by: HexaResearch
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Date: 08/26/2019 - 08:25
Language: English
News-ID 1551640
Character count: 2713
Kontakt-Informationen:
Firma: Grand View Research, Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: San Francisco
Telefon: 1-888-202-9519

Meldungsart: Financial
Versandart: send
Freigabedatum: 26.08.2019
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