Beauty Devices Market Size By Product Type, By Application, By Competitive Landscape And Geographic Scope


Posted February 14, 2020 by jennysmith

Beauty Device Market was valued at USD 38 Billion in 2018 and is projected to reach USD 149.9 Billion by 2026, growing at a CAGR of 18.6% from 2019 to 2026.

 
Beauty Device Market Size And Forecast
According to Verified Market Research, the Beauty Device Market was valued at USD 38 Billion in 2018 and is projected to reach USD 149.9 Billion by 2026, growing at a CAGR of 18.6% from 2019 to 2026.

What is Beauty Device?
Beauty is the most crucial and impressive characteristic of any of the individuals. Due to the problems regarding skin and hair, aging populace, high pollution, and UV radiation, there is a rise in the adoption of beauty devices among the population. The beauty devices provide benefits in the treatment of these problems and issues and make skin healthy. These devices are simple to use and convenient. They have the capability to treat dermal conditions with high efficiency. Additionally, beauty devices help in providing immediate results, in case of treating wrinkles and blemishes.

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Global Beauty Device Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The launch of novel and innovative beauty devices has been assisting aestheticians, dermatologists, and clinicians to treat skin diseases, improve skin textures, and reduce signs of aging. This in turn, acts as a driving factor for the global beauty devices market. For instance, in January 2018, Nu Skin Enterprises Inc. launched ageLOC LumiSpa, which is a waterproof and rechargeable handheld personal skin care cleansing device. Besides, a surge in the geriatric population, increasing prevalence of skin-related issues, and rising lifestyle quotient are further expected to propel the market growth. Moreover, factors such as an increasing number of salons, rising prevalence of alopecia, and rising awareness about beauty treatments are also boosting the market growth. On the other hand, side effects related to the usage of beauty devices and risks related to photo rejuvenation devices are some restricting factors that have a negative impact on the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Beauty Device Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Beauty Device Market Competitive Landscape
The “Global Beauty Device Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as L’Oréal SA, Panasonic Corporation, Home Skinovations Ltd, Photomedax Inc., Carol Cole Company, Lumenis Ltd., The Proctor & Gamble Company, Syneron Medical, TRIA Beauty, Inc., and Koninklijke Philips N.V.

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Beauty Device Market, By Product Type
• Acne Devices
• Hair Removal Devices
• Hair Growth Devices
• Cleansing Devices
• Oxygen and Steamer Devices
• Rejuvenation Devices
• Others

Beauty Device Market, By Application
• Salon
• Spa
• Home
• Others

Beauty Device Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags beauty device market
Last Updated February 14, 2020