The high prevalence of skin disorders, increasing awareness for personal care, increasing geriatric population, and shifting consumer inclination from topical based treatments to device-based treatments are the primary growth drivers for the European skincare devices market.

The European skincare industry is witnessing significant growth as the new products with advanced technology are being approved by the regulatory bodies. Industry players are investing in the expansion of their product portfolio and focus on the premium product segment as the disposable income of the western European countries have increased significantly over the last decade.

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Based on application, the European skincare devices market is segmented into hair removal, skin rejuvenation, diseases diagnosis and treatment, cellulite reduction, skin tightening & body contouring, others. The highest growth in demand for skincare devices is predicted to be observed for skin tightening and body contouring application due to the increasing geriatric population.

Of all the end users including dermatology clinics, spas and salons, hospitals, and others, spas and salons are expected to witness the fastest growth in demand for the skincare devices in Europe.

Germany is the largest skincare devices market in Europe. The increasing geriatric population, large consumer base, high per capita income and robust economy of the country lead to the largest share of the country in the region. As per the World Bank, 16.47% population of Germany in 2000 and it increased to 21.45% by 2017.

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Some of the players operating in the European skincare devices industry are Lumenis Ltd., Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Galderma SA, Syneron Medical Ltd., Panasonic Corporation, Classys Inc. and Irisiome SAS.

Source: VynZ Research