BEAUTY DEVICES MARKET GROWTH OVERVIEW
The beauty devices market has been proliferating rapidly mainly due to the ravishing outcomes that are provided by these devices in the professional as well as at home settings. The growing reach of the media has allowed manufacturers to expand their range and minimize recall value by offering a product suiting to consumer’s budget, body, skin, complexion type, and the environment. Furthermore, the growing requirement for brand differentiation in an increasingly competitive environment is expected to foster market growth.
Market Research Future (MRFR) in its recently published study report asserts that the global beauty devices market registering a CAGR of 7.8 % during the estimated period (2017 -2023).
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the benefits obtained by the beauty devices are considered as one of the major driving forces.
On the other hand, factors such as disadvantages or side effects such as discomfort, excessive swelling, and sensitive skin, bruising, and blistering, associated with the mishandling or wrong application of these devices, alongside some of the prevailing side effects occurring post-treatment are impeding the market growth. Besides, some devices belch intense pulsed light which can trigger the side effects, such as scarring, superficial burns, edema, and postoperative erythema may hinder with the growth of beauty devices market.
Major Market Players:
Highly competitive, the beauty devices market appears to be fragmented owing to the presence of several large and small-scale players.
Key players leading the global beauty devices market are Nu Skin Enterprises, L’Oreal S.A., Panasonic Corporation, Home Skinovations Ltd, Syneron Medical Ltd, TRIA Beauty Inc, PhotoMedex Inc, Procter & Gamble Co, Home SKinovations Ltd, Photomedax Inc., Lumenis Ltd., Carol Cole Company, Koninklijke Philips N.V., and Tria Beauty Inc., among several others.
These players invest substantially in R&D to develop advanced sensors. High potential growth opportunities that the market demonstrates are in turn, attracting several new entrants to the market, further intensifying the competition in the already fiercely competitive market.
Global Beauty Devices Market Segmental Analysis
MRFR has segmented the report into five key dynamics for an easy grasp;
By Technology : Transcutaneous Electrical Nerve Stimulation (TENS) Technology, Wearable Devices, Lasers Invigorate, and others.
By Type : Hair Growth Devices, Acne Removal Devices, Rejuvenation Devices, Skin Derma Rollers & Hair Removal Devices, Cleansing Devices, Oxygen, Light/LED Therapy & Photo Rejuvenation Devices, Steamer Devices, Cellulite Reduction Devices, and several others.
By Applications : Instrumental Cosmetics and Ultrasonic Infuser among others.
By End-user : Personalized (At home) and Professionals (Spas, Salons, Clinic, and others) among others.
By Regions : North America, Asia Pacific, Europe, and Rest-of-the-World (RoW).
Beauty Devices Market Intended Audience
- Product manufacturers
- Beauty Devices manufacturer
- Research and Development (R&D) Companies
- Hospitals and Laboratories
- Medical Research Laboratories
- Academic Medical Institutes and Universities
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LIST OF TABLES
Table 1 Beauty Devices Market Synopsis, 2017-2023
Table 2 Global Beauty Devices Market Estimates And Forecast, 2017-2023, (USD Million)
Table 3 Global Beauty Devices Market By Region, 2017-2023, (USD Million)
Table 4 Global Beauty Devices Market By Product Type, 2017-2023, (USD Million)
Table 5 Global Beauty Devices Market By Application, 2017-2023, (USD Million)
Table 6 Global Beauty Devices Market By End Users, 2017-2023, (USD Million)
Table 7 North America Beauty Devices Market By Product Type, 2017-2023, (USD Million)
Table 8 North America Beauty Devices Market By Application, 2017-2023, (USD Million)
Table 9 North America Beauty Devices Market By End Users, 2017-2023, (USD Million)
Table 10 US Beauty Devices Market By Product Type, 2017-2023, (USD Million)
Continued.
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