Global Skin Tightening Market – Industry Trends and Forecast to 2024
Market Analysis: Global Skin Tightening Market
The Skin Tightening Market accounted to USD 25.4 billion in 2016 growing at a CAGR of 4.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition:Global Skin Tightening Market
Skin tightening is the process used to make the individual look young. Radio frequency is an aesthetic technique which uses radio frequency energy to heat tissue and stimulate subdermal collagen and elastin, which is responsible for looking younger, so that reduce the appearance of fine lines and loose skin.
Major market drivers and restraints:
- Increased demand for skin tightening to look young probably in women
- High-frequency radio frequency is safer than a laser and derma-rolling
- Potential applications of the devices
- Technological advancements in the products
- Side effects such as redness, swelling or pain
Market Segmentation: Global Skin Tightening Market
The skin tightening market is segmented by product into radio frequency skin tightening, laser skin tightening and ultrasound skin tightening.
By end users the market is segmented into hospital, cosmetic centers, beauty salon and home care settings.
On the basis of geography, skin tightening market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Global Skin Tightening Market
The skin tightening market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of skin tightening market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Skin Tightening Market
Some of the major players operating in skin tightening market are Alma Lasers, Vevazz, Inc., VENUS CONCEPT, Hologics Inc., Merz, Inc., Lumenis Ltd., VIORA, Lynton Lasers, DEKA M.E.L.A. S.r.l., FACE:USA , M/s Fulcrum Cosmotech, Opatra, inmode, BTL INDUSTRIES Ltd., Bottom Line Inc., WINKON Ltd, Dimyth Beauty Equipment Manufacturer, BISON MEDICAL, EINS MEDS and HOSTOGHONG among others.