Published on : Jun 07, 2016
In today’s fast-paced world, taking care of your skin is a priority today. Also, looking good has become a necessity for many people from across the globe. Where key companies are taking efforts to provide good quality beauty products, people don’t mind spending more in buying them. Advancements have made it possible for the leading players to introduce new skincare devices meant for diagnosis and treatment.
Skincare diagnostic devices such as biopsy devices and dermatoscopes are in demand whereas skincare treatment devices such as LED therapy devices, liposuction devices, electrosurgical devices, lasabrasion devices, and microdermabrasion devices are expected to capture more market.
What would restrict and boost the growth of global skincare devices market?
- Competitive pricing from local products is expected to give a tough competition to the branded skin care products.
- Over the past few years, substitute products are gaining popularity, thus restricting the growth of the branded products.
- However, technological advancements in the new skincare devices are predicted to contribute towards the growth of the global skincare devices market in the years to come.
- The rising prevalence of skin care disorders among the elderly is another important factor contributing towards the growth of the global skin care devices market.
- Taking care of the skin begins right from the young age. Youth spends more on different skin care products and devices to take care of their skin. Even the elderly avail skin care treatments to look young. The rising aging population is another important factor contributing towards the growth of the global market for skin care products and devices.
Devices for hair removal, acne, skin cleansing, cellulite reduction, and others are in growing demand across the globe. Aging is one of the global issues, which is taken care by the newly introduced skincare treatments, products, and devices. Looking young by treating the skin is a new trend. Considering the growing demand from consumers, leading players are concentrating on introducing new skin care products and devices in the global market. Many countries are offering world class medical tourism solutions, thus expected to further benefit the global skin care devices market in the near future.