Global skincare devices market projected to grow from $15.7 billion in 2023 to $49.8 billion by 2033.

From Globe Newswire: 2024-08-15 02:00:00

The Global Skincare Devices Market is projected to grow from USD 15.7 billion in 2023 to USD 49.8 billion by 2033, with a CAGR of 12.24%. This growth is driven by the rising demand for non-invasive skincare treatments and the popularity of at-home beauty products.

Treatment devices are expected to dominate the market due to their multiple therapy applications in dermatology. Hair removal devices are also predicted to be in high demand, especially for their less uncomfortable and safe treatment procedures.

Hospitals are likely to hold a significant share of the skincare devices market, as they have access to cutting-edge technologies. North America is expected to lead the market, with a focus on innovation and non-invasive treatments.

Asia Pacific is forecasted to experience the fastest growth in the skincare devices market, with a focus on sustainable and personalized skincare products. Major vendors in the market include Promoitalia, Nu Skin Enterprises, and Cynosure, Inc.

Recent developments include Nu Skin launching the RenuSpa iO smart beauty device to enhance wellness. The market is segmented by product, application, and end user, with forecasts up to 2033. Spherical Insights aims to provide actionable market research and help businesses achieve their objectives.



Read more at Globe Newswire: Global Skincare Devices Market Size To Worth USD 49.8