
Europe Skincare Treatment Devices Market
No. of Pages: 152 | Report Code: BMIRE00025092 | Category: Life Sciences
No. of Pages: 152 | Report Code: BMIRE00025092 | Category: Life Sciences
The elevating demand for skincare treatment devices is attributed to the rising prevalence of skin disorders, flourishing beauty industry, the increasing demand for aesthetic treatments, and the growing preference for minimally and noninvasive beauty treatments. Furthermore, a surge in research and development activities, and strategic collaborations among various market players are leading to product developments and launches in the European skincare devices market. In March 2022, Lumenis Be, Ltd., announced the launch of triLift, a facial stimulation device targeting the three aging parameters—structure, contour, and texture—by treating the muscle layer, the dermal layer, and the epidermal layer. Lumenis unveiled this new device at the 2022 AAD Annual Meeting’s show floor. In January 2022, Obagi announced the launch of Skintrinsiq, its first entry into the skincare devices market. The Skintrinsiq device extracts impurities from the skin and increases Obagi product penetration by infusing them via customized skincare treatments. It uses InfuseIQ Technology to gently lift the upper layers of the skin, aiding the removal of impurities. Such product developments and launches are contributing to the skincare treatment devices market growth in Europe.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe Skincare treatment devices market at a substantial CAGR during the forecast period.
Strategic insights for the Europe 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$ 3,054.50 Million |
Market Size by 2028 | US$ 6,426.44 Million |
Global CAGR (2021 - 2028) | 11.2% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe 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.
Europe Skincare Treatment Devices Market Segmentation
The Europe 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 Europe 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 Europe 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 Europe skincare treatment devices market is segmented into the U.K., Germany, France, Italy, Spain, and Rest of Europe. In 2021, Germany held the largest market share; and the UK is 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 Europe skincare treatment devices market.
The Europe Skincare Treatment Devices Market is valued at US$ 3,054.50 Million in 2021, it is projected to reach US$ 6,426.44 Million by 2028.
As per our report Europe Skincare Treatment Devices Market, the market size is valued at US$ 3,054.50 Million in 2021, projecting it to reach US$ 6,426.44 Million by 2028. This translates to a CAGR of approximately 11.2% during the forecast period.
The Europe 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 Europe Skincare Treatment Devices Market report:
The Europe Skincare Treatment Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Skincare Treatment Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Skincare Treatment Devices Market value chain can benefit from the information contained in a comprehensive market report.