The global beauty equipment market is anticipated to grow at a CAGR of 7.8% during the forecast period (2023-2030). Surging demand for skincare and beauty products driven by skin issues and hormonal imbalance, fueling global market growth. The global beauty and skincare market is witnessing steady expansion, propelled by escalating skin concerns and hormonal imbalances. According to the American Academy of Dermatology Association, up to 50 million Americans experience acne, marking it as the most prevalent skin condition in the US.

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Further, the escalating skin concerns and the desire for enhanced aesthetics are driving the market forward. The global demand for anti-aging products and therapies is on the rise, prompting companies to innovate for competitive edge. For example, in March 2022, 7e Wellness introduced a groundbreaking Microcurrent Device for Anti-Aging Treatment. This FDA-cleared, non-invasive technology, designed to stimulate facial collagen, is now accessible in the Indian market.

The proliferation of salons and spas globally significantly contributes to market expansion. The global wellness landscape has witnessed a remarkable increase in these establishments. According to the Global Wellness Institute (GWI), their first Global Spa Economy study in 2008 revealed approximately 71,800 spa establishments generating $47 billion in revenue during 2007. This number surged dramatically over the years, aligning with the broader wellness movement. By 2019, the GWI estimated a global total of 165,700 spas, yielding $111 billion in revenue, reflecting a robust 7.4% annual growth rate from 2007 to 2019. This growth is driven by rising incomes, expanding middle-class segments, the rapid rise of wellness tourism, and a growing consumer inclination to invest in wellness and beauty pursuits.

Market Coverage

The market number available for – 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 

o             By Therapy

o             By Application

o             By End-User

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- includes, Guangzhou Konmison Electronic Technology Co. Ltd., Beijing ADSS Development Co. Ltd., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Beauty Equipment Market Report Segment

By Product 

Ultrasound Therapy
Light Therapy
Radiofrequency
Cryo Therapy
Laser Therapy
Electro Therapy
Vacuum Therapy
Micro-Needle Therapy System

Other (Electroporation Mesotherapy Systems, Vibration Machines, Functional Magnetic)

By Application 

Lifting/Tightening
Wrinkle Reduction
Whitening
Acne/Inflammation Improvement

By End-User 

Aesthetics Clinics
Spas and Beauty Centers

A full report of Beauty Equipment Market available @ https://www.omrglobal.com/industry-reports/beauty-equipment-market

Company Profiles

Alma Laser
AMI, Inc.
BTL Group of Companies
Candela Medical
CLASSYS Inc.
Deleo Ltd
Iskra MEDICAL
NEWPONG Co., Ltd.
Pretty (Beijing) Technology Co., Ltd.
Rohrer Aesthetics, Inc.
Solta Medical (Bausch Health)

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