Skincare Devices Market Trends, Growth Prospects To 2020: Grand View Research, Inc.
Grand View Research.com has announced the addition of "Skincare Devices Market Analysis and Segment Forecasts To 2020" Market Research report to their Database.
The Global Skincare Devices Market is expected to reach USD 12,799.5 million by 2020, growing at an estimated CAGR of 10.0% from 2014 to 2020, according to a new study by Grand View Research, Inc. Increasing prevalence of skin disorders and skin cancer around the globe is expected to drive skincare device demand. The growing demand of minimal, non-invasive and aesthetic procedures such as skin rejuvenation, skin tightening and body contouring is also expected to be a key driver of this market. In addition, rise in the growth of medical tourism and ‘Medspas’ in emerging markets such as India is expected to provide growth opportunities to market participants. Presence of cost effective procedures coupled with an abundant presence of English speaking healthcare practitioners are some of factors driving the market in these regions.
Browse full research report on Global Skincare Devices Market: http://www.grandviewresearch.com/industry-analysis/skincare-devices-market
Skincare treatment devices dominated the product market with a share of over 92.0% in 2013. Change in consumer lifestyles and their growing willingness to spend on treatments such as liposuction, lasabrasion and Microdermabrasion to make favored body and skin modifications is expected to boost segment demand during the forecast period.
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Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
For the purpose of this study, Grand View Research has segmented the skincare devices market on the basis of product, application and region:
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