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The growing prevalence of skin diseases is pushing up the demand for skincare devices across the world. As per the World Health Organization (WHO), nearly 132,000 people are diagnosed with melanoma all over the world every year. Furthermore, the organization reported that non-melanoma skin cancer affects between 2 and 3 million people around the world every year. Some of the major reasons behind the high incidence of skin diseases are excessive tobacco and alcohol consumption, anxiety, and stress.
Because of the aforementioned reasons, skincare devices and anti-aging devices are increasingly being used by geriatric people. These devices revitalize and tighten their skin and help them attain a youthful look. Apart from these factors, the rapid advancements being made in skincare devices are also propelling the progress of the skincare devices market. Due to these advancements, it is now possible to effectively treat sun spots, cellulite, and fine lines.
Based on application, the skincare devices market is categorized into disease diagnosis & treatment, skin tightening and body contouring, cellulite reduction, hair removal, and skin rejuvenation. Out of these, the hair removal category is predicted to record higher growth in the market in the future years. This is ascribed to the rising public awareness about laser hair removal devices in several countries and the surging requirement for laser hair removal devices around the world.
Hence, it is safe to say that the sales of skincare devices will shoot-up all over the world in the forthcoming years, primarily because of the rising prevalence of skin diseases and the surging geriatric population.
Browse full report with Table of Content – Skincare Devices Market Growth and Demand
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the market and their service offerings
