Global Skin Tightening Market by Key Players, Countries, Segments and Application, Forecast to 2027
The Skin
Tightening Market is expected to grow at an exponential rate in view of
rising demand for skincare treatments and growing trend of looking youthful, a
vogue gripping among ageing population. Skin tightening treatment is often
opted by people who want to enhance their skin texture and tone. By using
several skin tightening techniques, which include laser, ultrasound skin
tightening devices and radiofrequency, practitioners specializing in cosmetic
procedure are helping patients attain their desired skin texture. Getting influenced
by celebrities and rising emphasis on attaining younger looking skin will raise
the demand for such treatment over time. According to Global Market Insights,
the skin tightening market is expected to exceed USD 990 million between 2020
to 2026.
Based on
product type, the skin tightening industry is segmented into ultrasound skin
tightening, laser skin tightening, and radiofrequency skin tightening. The
laser skin tightening is one of the approved methods for reduction of lines,
wrinkles and skin laxity by the FDA. Reports suggest that the segment may
account for around 10% CAGR over the forecast period.
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The demand for laser skin treatments is growing
at an incremental rate as it is one of the safest ways to get tightened skin.
Laser skin treatment is conducted by extremely trained specialists or cosmetic
dermatologists and requires 3 to 5 sessions as per the size and location of the
skin area. Growing awareness of the benefits of laser skin tightening are
expected to drive segment growth.
The skin
tightening market specific to homecare settings may witness around 12% CAGR during
the projected timeframe. Certain ultrasound skin tightening devices can be used
at home without any permit to operate or skilled professional training. The
product tightens the skins and removes the lines and wrinkles by boosting the
skin gristle production. Many companies are now focusing on launching portable
skin tightening devices which can be easily used at home. Implementation of
such initiatives will boost the demand of such devices and will result in
positive impact on the market size for skin tightening market.
With
presence of a large number of plastic surgeons and increasing adoption rate of
affordable skin tightening procedures, the Asia Pacific skin tightening
industry is estimated to register promising growth over time. The regional market
held for a 19% share in the year 2019. High disposable income across developed
economies like South Korea will expand the overall industry growth. Men as well
as women are willing to seek skincare treatment as well as individuals who are
facing various skin conditions. They are also willing to pay the cost of
treatments along with multiple visits to the hospitals or clinics. This
increase in demand of skin treatment is very much driven and followed because
of the social media trends and promotion by celebrities. It is projected that
this will reinforce the market growth of the skin treatment Industry.
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Notably,
some of the prominent companies in the skin tightening industry include
SharpLight Technologies, Lynton Lasers Ltd, Beijing HONKON Technologies,
Cynosure (Hologic), Allergan (Abbvie), Solta Medical (BAUSCH HEALTH COMPANIES),
Venus Concept, Project E Beauty, Alma Lasers (Sisram), and Cutera.
Browse key industry insights spread
across 130 pages with 178 market data tables and 8 figures & charts from
the report, Skin Tightening Market in detail along with the table of
contents:
https://www.gminsights.com/industry-analysis/skin-tightening-market
Report Content
Chapter 3 Skin
Tightening Industry Insights
3.1 Industry
segmentation
3.2 Industry
landscape, 2015 - 2026
3.3 Industry impact
forces
3.3.1 Growth drivers
3.3.1.1 Increasing
aging population globally
3.3.1.2 Rising
healthcare spending in developed regions
3.3.1.3 Increasing
consciousness regarding physical appearance
3.3.1.4 Rising
preference towards non-invasive surgical procedures in Asia Pacific
3.3.2 Industry
pitfalls and challenges
3.3.2.1 High cost of
devices
3.3.2.2 Side effects
associated with skin tightening treatments
3.4 Growth potential
analysis
3.4.1 By product type
3.4.2 By portability
3.4.3 By end-use
3.5 COVID-19 impact
analysis
3.6 Porter’s analysis
3.7 Competitive
landscape, 2019
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