Consumer & Luxury Goods Market Research News

Global demand for beauty devices scrutinized in new research

Consumer Market Research

The global beauty devices market accounted to USD 27.8 billion in 2016 growing at a CAGR of 19.1% during the forecast period of 2017 to 2024.

According to a new report published by Data Bridge Market Research,

The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Key Points Discussed In Research:

  • Global Beauty Devices Market
  • Product Type (Skin Care {Cleansing devices, Acne devices, Light therapy and photorejuvenation devices, Oxygen & steamer devices}
  • Hair Care {Hair removal devices , Hair growth devices , Hair Styling Devices}),
  • End User (Hospitals, Clinics, Dermatology Clinics, Skin And Beauty Clinics, Cosmetic Centers),
  • Geography
  • Industry Trends and Forecast to 2024

Market Definition:

Beauty is the most important and impressive characteristic of any of the individual. Rise in skin and hair problems, growing aging populace, reduced skin elasticity, sunburns, increased the demand of beauty devices.

UV radiations, environmental pollution and microbes such as bacteria, viruses, and fungi causes wide range of skin diseases which have to be cured before spreading. Beauty devices are proving extremely beneficial in the treatment of the above-mentioned dermatological conditions.

Major Market Drivers and Restraints :

  • Increase in geriatric population.
  • Increase in demand for anti-aging products and devices.
  • Rising Lifestyle Quotient.
  • Increasing Number of Procedures.
  • Reduced Time and Risk.
  • Growing technological advancement.

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Market Segmentation:

  • The global beauty devices market is segmented by product type into skin care and hair care. Skin care is further segmented into cleansing devices, acne devices, light therapy and photorejuvenation devices, oxygen & steamer devices. Hair Care is further segmented into hair removal devices, hair growth devices and hair styling devices.
  • By End User the market is segmented into hospitals, clinics, dermatology clinics, skin & beauty clinics, and cosmetic centers.
  • On the basis of geography, global beauty devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis:

The global beauty devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of global beauty devices market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors:

  1. Procter & Gamble,
  2. Valeant pharmaceuticals,
  3. CM International S.A.,
  4. doctorstech,
  5. iBeautyMachine,
  6. Japan Gals co.,ltd.,
  7. Tech4beauty International,
  8. SharpLight Technologies Ltd.,
  9. Termosalud,
  10. com,

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