
Asia Pacific Skincare Treatment Devices Market
No. of Pages: 157 | Report Code: BMIRE00025088 | Category: Life Sciences
No. of Pages: 157 | Report Code: BMIRE00025088 | Category: Life Sciences
There has been tremendous change in the beauty industry and standards among men and women in Asia Pacific. Apart from aesthetic procedures, procedures such as warts or lesion removal, spot reduction, tattoo removal, and scar reduction are also high in demand. In the past few years, there has been significant growth in the population having tattoos; women account for 31% of this population; however, men account only for 19%. As per New Australian Tattoo Stats, 1 in 5 Australians regret having tattoos, and ~22% of the population opt for tattoo removal procedures. Further, an increase in the geriatric population raises the demand for skin rejuvenation, liposuction, and other skin-tightening procedures that provide healthy, young, and glowing skin. The developing economies have a large population base, an increase in disposable income, and rising consumer awareness and consciousness about beauty treatments and aesthetics. According to the International Society of Aesthetic Plastic Surgery, 268,536 nonsurgical cosmetic procedures were performed in India in 2020. Additionally, the rising demand for minimally invasive or nonsurgical skincare treatments is expected to create ample opportunities for the skincare treatment devices market in Asia Pacific in the coming years.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific Skincare treatment devices market at a substantial CAGR during the forecast period.
Strategic insights for the Asia Pacific Skincare Treatment Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 2,357.09 Million |
Market Size by 2028 | US$ 5,256.32 Million |
Global CAGR (2021 - 2028) | 12.1% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Skincare Treatment Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Asia Pacific Skincare Treatment Devices Market Segmentation
The Asia Pacific skincare treatment devices market is segmented on the basis of product, application, distribution channel, end user, and country. Based on product, the market is segmented into light/LED therapy and photo rejuvenation devices, liposuction devices, electrosurgical devices, microdermabrasion devices, laser based devices, and cryotherapy devices. In 2021, the laser based devices segment held a larger share of the market; and it is also expected to register a higher CAGR during the forecast period. Based on application, the Asia Pacific skincare treatment devices market is segmented into cellulite reduction, hair removal, skin rejuvenation, skin tightening and body contouring, and others. In 2021, the hair removal segment held the largest market share; and the skin tightening and body contouring segment is expected to register the highest CAGR in the market during the forecast period. Based on distribution channel, the Asia Pacific skincare treatment devices market is segmented into online retails, specialty stores, supermarkets/ hypermarkets, and other sales channel. In 2021, the specialty stores segment held the largest market share; and the online retails segment is expected to register the highest CAGR in the market during the forecast period. Based on end user, the market is segmented into dermatology clinics, hospitals, spas & salons, and others. In 2021, the dermatology clinics segment held a larger share of the market; and the same segment is expected to register a higher CAGR during the forecast period. Based on country, the Asia Pacific skincare treatment devices market is segmented into China, Japan, India, Australia, South Korea, and Rest of APAC. In 2021, China held the largest market share; and it is also expected to grow at the fastest CAGR during the forecast period.
Allergan Plc; Cutera, Inc.; Merz Pharma; Hologic, Inc.; Candela Medical; Panasonic Corporation; Michelson Diagnostics Ltd.; Bausch Health Companies Inc.; and Lumenis Be Ltd. are among the leading companies in the Asia Pacific skincare treatment devices market.
The Asia Pacific Skincare Treatment Devices Market is valued at US$ 2,357.09 Million in 2021, it is projected to reach US$ 5,256.32 Million by 2028.
As per our report Asia Pacific Skincare Treatment Devices Market, the market size is valued at US$ 2,357.09 Million in 2021, projecting it to reach US$ 5,256.32 Million by 2028. This translates to a CAGR of approximately 12.1% during the forecast period.
The Asia Pacific Skincare Treatment Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Skincare Treatment Devices Market report:
The Asia Pacific Skincare Treatment Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Skincare Treatment Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Skincare Treatment Devices Market value chain can benefit from the information contained in a comprehensive market report.