Global Skin Rejuvenation Device Market Size, Trends, and Growth Opportunity, By Type (Laser Devices, Radiofrequency Devices, Intense Pulsed Light Devices, Mechanical Energy Devices, LED Devices, Others), By Application (Dermatology Clinics, Beauty Centers, Hospitals, Others), By Region and Forecast to 2030.
Global Skin Rejuvenation Device Market
The Global Skin Rejuvenation Device Market was valued at USD 1.35 billion in 2022 and is expected to expand to USD 4.65 billion by 2030, at a CAGR of 9.50% during the forecast period 2023- 2030.
A skin rejuvenation device is a medical device that is used for the improvisation of the appearance of the skin. These devices are used to reduce wrinkles, reduce the appearance of scars, and improve overall skin tone. These devices are essential because they help improve the appearance of the individual’s skin and make them feel more confident in their appearance.
Market Drivers
The increase in the prevalence of skin disorders, growing demand for minimally invasive procedures, and rapid technological advancements in skin rejuvenation devices are some of the important factors that drive the global skin rejuvenation device market.
Furthermore, the growth in the laser-based devices segment is adding to the revenue of the market. Also, the demand for skin rejuvenation techniques such as Botox, PRP, and hyaluronic acid has a positive outlook on the market.
Market Restraints
However, the high cost of treatment and lack of reimbursement policies are hindering the growth of the skin rejuvenation device market. Also, because of limitations in face-to-face treatment through these methods, tele dermatology marked its extensive acceptance.
Market Segmentation
The global skin rejuvenation device market is segmented into type, application, and region.
Based on product type, the global skin rejuvenation device market is segmented into laser devices, radiofrequency devices, intense pulsed light devices, mechanical energy devices, led devices, and others.
Regional Analysis
The global skin rejuvenation device market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the global skin rejuvenation device market due to increasing R&D investments by manufacturers and rising consumer awareness about advanced treatments for skin rejuvenation. Additionally, the increasing demand for cosmetic procedures from consumers is also driving growth in the region.
Key Players
Various key players are discussed in the global skin rejuvenation device market report including; Strata Skin Sciences, Hologic, Lumenis, Lutronic, Solta Medical, Lynton Lasers, Cutera, Fotona D.O.O., EL.En. S.p.A., Sciton, Alma Lasers, and Others.
For Instance, in March 2022, Galderma company launched Twyneo cream at the ‘American Academy of Dermatology Annual Meeting’, in Boston, Massachusetts used for the treatment of acne.
Market Taxonomy
By Type
• Laser Devices
• Radiofrequency Devices
• Intense Pulsed Light Devices
• Mechanical Energy Devices
• LED Devices
• Others
By Application
• Dermatology Clinics
• Beauty Centers
• Hospitals
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Skin Rejuvenation Device Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Skin Rejuvenation Device Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Skin Rejuvenation Device Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Skin Rejuvenation Device Market Share Analysis, By Type
5.3 Global Skin Rejuvenation Device Market Size and Forecast, By Type
5.3.1 Laser Devices
5.3.2 Radiofrequency Devices
5.3.3 Intense Pulsed Light Devices
5.3.4 Mechanical Energy Devices
5.3.5 LED Devices
5.3.6 Others
6 Global Skin Rejuvenation Device Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Skin Rejuvenation Device Market Share Analysis, By Application
6.3 Global Skin Rejuvenation Device Market Size and Forecast, By Application
6.3.1 Dermatology Clinics
6.3.2 Beauty Centres
6.3.3 Hospitals
6.3.4 Others
7 Global Skin Rejuvenation Device Market, By Region
7.1 Global Skin Rejuvenation Device Market Share Analysis, By Region
7.2 Global Skin Rejuvenation Device Market Share Analysis, By Region
7.3 Global Skin Rejuvenation Device Market Size and Forecast, By Region
8 North America Skin Rejuvenation Device Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Skin Rejuvenation Device Market Share Analysis, By Type
8.3 North America Skin Rejuvenation Device Market Size and Forecast, By Application
8.4 North America Skin Rejuvenation Device Market Size and Forecast, By Country
8.4.1 U. S
8.4.2 Canada
8.4.3 Mexico
9 Europe Skin Rejuvenation Device Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Skin Rejuvenation Device Market Share Analysis, By Type
9.3 Europe Skin Rejuvenation Device Market Size and Forecast, By Application
9.4 Europe Skin Rejuvenation Device Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Skin Rejuvenation Device Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Skin Rejuvenation Device Market Share Analysis, By Type
10.3 Asia Pacific Skin Rejuvenation Device Market Size and Forecast, By Application
10.4 Asia Pacific Skin Rejuvenation Device Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Skin Rejuvenation Device Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Skin Rejuvenation Device Market Share Analysis, By Type
11.3 Latin America Skin Rejuvenation Device Market Size and Forecast, By Application
11.4 Latin America Skin Rejuvenation Device Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Skin Rejuvenation Device Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Skin Rejuvenation Device Market Share Analysis, By Type
12.3 Middle East Skin Rejuvenation Device Market Size and Forecast, By Application
12.4 Middle East Skin Rejuvenation Device Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market Share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Strata Skin Sciences
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Hologic
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Lumenis
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Lutronic
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Solta Medical
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Lynton Lasers
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Cutera
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Fotona D.O.O.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 EL.En. S.p.A.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Alma Lasers
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies