Global Facial Treatment Market is growing with the Huge Potential by 2023
Facial Treatment Market By Product Type (Laser-Based Devices, IPL Devices, RF Devices, Ultrasound Devices, And LED Devices), By Region – Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)
Facial Treatment Market size was around USD 930.84 million in 2018. It is expected to grow at a CAGR of 7.2% to reach USD 1317.8 billion by 2023.
This market has experienced solid growth in the last decade owing to a number of factors like rising disposable income of urban consumers and the increasing proclivity of consumers to spend growing amounts on cosmetic treatments.
Robust economic growth in the emerging economies, resulting in high disposable income levels and lifestyle changes are the primary factors driving market growth. Cosmetically conscious youth and increased aging are the secondary factors driving market growth. In spite of that, inadequately trained professionals and lack of on paper evidence of clinical effectiveness, are the primary restraints of the market.
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The market is segmented by product type into laser-based devices, IPL devices, RF devices, ultrasound devices, and LED devices. IPL devices are expected to command the market in the forecast period owing to their rising demand in over laser-based devices. This segment is anticipated to be valued at USD 930.84 million in 2018 capturing 29% of the market. Showcasing a robust 6.6% CAGR in the aforementioned forecast period, the IPL devices category is anticipated to rise to USD 1317.8 million by the end of 2023
By geography the market is segmented into North America, Latin America, Asia Pacific, Europe, and Middle East and Africa. North America leads the market and is expected to remain the market leader in the forecast period due to the widespread demand for facial treatment devices in developed countries like U.S. and Canada. Asia Pacific is expected to emerge as an important contributor to the market over the aforementioned forecast period. The market is expected a robust growth trajectory in Europe, the Middle East and Africa in the forecast period.
Key players in the market include:-
Lutronic Corporation, Cutera Inc., Lynton Lasers Ltd., Sciton Inc., Alma Lasers Ltd., Solta Medical Inc., Lumenis Ltd., Cynosure Inc., Strata Skin Sciences Inc., Syneron Medical Ltd., Venus Concept Canada Corporation, and Fotona d.d.
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Some Point from Table of Content:
1.Introduction
2.Research Methodology
3.Overview
4.Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
5.Market Segmentation
6.Geographical Analysis
7.Strategic Analysis
- Market Leaders’ Analysis
8.1 Solta Medical Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Lumenis Ltd.
8.3 Cynosure Inc.
8.4 Strata Skin Sciences Inc.
8.5 Syneron Medical Ltd.
8.6 Lutronic Corporation
8.7 Cutera Inc.
8.8 Lynton Lasers Ltd.
8.9 Sciton Inc.
8.10 Alma Lasers Ltd.
- Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
- Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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