There has been a rise in the amount of skin disorders and abnormalities that have lead to a rise in the requirement to identify and treat skin issues. The identification and treatment of skin associated issues require different skin care equipment. This equipment includes different diagnostic and treatment materials like dermatoscopes, biopsy devices, microdermabrasion, liposuction devices, lasabrasion devices and several others. Skincare equipment diagnoses and treats skin disorders as well as utilized for aesthetic applications like the improvement of the look of the body and skin and for cosmetic purpose. The market of the skin care devices is developing at a rapid pace having to the raised marketing budgets of the firms working in the market, therefore promoting the awareness among customers.
Increased knowledge among customers results to a greater amount of people choosing for skincare treatment, therefore improving the worldwide skincare equipment market. This market is segmented according to the application, product, and geography. Based on the type, the market is divided into treatment equipment and diagnostic devices. Treatment equipment like lasabrasion, LED therapy, microdermabrasion, liposuction, electrosurgical and cryotherapy. Diagnostic equipment is categorized into image guidance systems, biopsy materials, and dermatoscopes. LED therapy machines possess a huge market among treatment equipment, while dermatoscopes have major shares in the diagnostic machine market. The development of the dermatoscopes division can be attributed to the major usage of these tools by dermatologists to identify malignant melanoma, dermatofrbroma, basal cell carcinoma and some skin disorders.
Skin care device market:
The flourishing incidences of skin cancer are influencing the dermatoscopes segment. The lasabrasion tools division is anticipated to extend at the rapid CAGR of eleven percent between 2015 and 2023. The quick improvement of the lasabrasion division will be because of the shorter recovery time and ease of utilization of laser oriented materials in comparison to other kinds of traditional invasive surgeries. By application, the worldwide skin care equipment market is divided into skin tightening, skin rejuvenation and body contouring, disease diagnosis and treatment, damage repair, hair removal, and cellulite reduction. Among these, the cellulite reduction division held the largest share of 24.3 percent in the world market. The cellulite reduction division is like to rise to 25.1 percent in the year 2023 because of the alarming number at which obesity is increasing among people.
The rising number of noninvasive treatment for fat removal when compared to traditional ways, is also aiding the market to develop. Body contouring and skin tightening are anticipated to grow at the highest CAGR in the future having to the huge baby boomer population and the style of availing the new technological ways for treatments. The skin care section has presented great growth and developed as a prospective investment field for players. From treatment of normal skin care disease, this industry has grown up to the age of anti-aging and cosmetic treatment. The whole skin care market is anticipated to develop with the increase in demand of different skin care works. Factors such as anti-aging solutions, global warming, improving media influence, new product creation etc are influencing this market.
Skin care setups:
Developed by emerging customer demand, lifestyle associated disorders, increase in disposable incomes, obsession for young appearing skin, the craze for cosmetic surgeries, booming medical tourism, low price of treatment, the skin care market has possibly to expand and develop a prospective investment field for players. The area for anti-aging has turned as vibrant with increasing concerns regarding beauty and looks. On these days, large number of young people is seeing doctors and dermatologists to enhance and maintain the youth. The love for cosmetic surgeries is increasing among youngsters to do surgical procedures such as rhinoplasty, lipoplasty and bhleroplasty etc. The requirement for non surgical treatment like hyaluronic acid treatment, botox, laser hair removal is very high. The incidence of skin disease with psoriasis and eczema being the big contributors. The development and future potentials in the market have compelled drug manufacturers to tap the chance of selling the products over the counter by bringing novel compounds in and through selling the items of international companies under a licensing contract. There is a dire requirement of full skin care settings offering all skin care procedures under one center.