Global Beauty Devices Market Is Estimated To Witness Growth Due Increasing Geriatric Population And Rising Incidences Of Hormonal Disorder

Beauty Devices Market

Overview:

A microcurrent device uses gentle pulses of electricity to stimulate the facial cells and muscles, for a tighter and firmer look. The pulsations of these tools can help boost the absorption of moisturizers, and they can also smooth the skin and reduce the appearance of fine lines and wrinkles. A dermaplaning tool removes peach fuzz and dead skin to prep the skin for increased penetration of active ingredients. This home option is safe and easy to use, and it doesn’t hurt to do a few sessions over the course of a few weeks. A moisture meter is the foundation of any at-home skincare routine. It can help determine if the skin is dehydrated and needs hydration-boosting ingredients. It also helps in avoiding overusing products that are too harsh for the skin type, which can lead to premature aging and other problems.

Market Dynamics:

Growing acquisitions are estimated to augment growth of the global Beauty Devices Market over the forecast period. For instance, a hair removal services brand Laser MD Medspa, was acquired by Potomac Equity Partners in July 2020. This acquisition will increase Laser MD Medspa's growth and also increase their brand recognition. Moreover, increasing side effects of beauty devices is anticipated to restrain growth of the global beauty devices market over the forecast period.

Global Beauty Devices Market was valued at US$ 120.00 Bn in 2021 in terms of revenue, exhibiting a CAGR of 5.80 % during the forecast period (2022 to 2030).

Impact of COVID-19:

The pandemic was first reported in 2019 and in 2020 it was transmitted to almost 100 countries globally. COVID-19 had a significant impact on the beauty devices market. Owing to lockdowns in many regions supply chains were disrupted in many regions. The supply chains for beauty products was also affected due to these strict restriction in many countries. Another factor that affected the beauty devices market was halting of production activities by manufacturers due to lockdowns. This hampered the growth of the global Beauty Devices Market globally. However, in the post-pandemic era, the market is estimated to witness robust growth.

Key Takeaways:

The global beauty devices market is expected to witness high growth, exhibiting CAGR of 5.8% over the forecast period, due to increasing product launches. For instance, ageLOC boost device was introduced by Nu Skin Enterprises Inc., in January 2021. This device employs variable pulse technology and microcurrent waveforms for producing brighter, plumper, and bouncky skin.

Asia-Pacific is anticipated to witness significant growth in the global Beauty Devices Market over the forecast period, owing to growing patient population and increasing healthcare technology.

Major players operating in the global beauty devices market are Bausch Health Companies Inc., Nu Skin, TRIA BEAUTY, Termosalud, Silkn, Tech4Beauty, Procter & Gamble, Panasonic Corporation, CANDELA CORPORATION, FOREO, Cynosure, Fotona, Merz North America, Inc., Bausch Health Companies Inc., Sciton, Inc., Curallux LLC., NuFACE, Alma Lasers, and Merz North America, Inc.

 

Comments

Post a Comment

Popular posts from this blog

The Increasing Incidence of Blood Disorders in the World Is Augmenting the Growth of The Global Hematology Market

Image
  Hematology Market Hematology Market , by Product Type (Hematology Analyzers, Flow Cytometers, Coagulation Analyzers, Slide Stainers, Centrifuges, Hemoglobinometers, and Others), by Reagent (Coagulation Reagents, Flow Cytometers Reagents, Immuno-hematology Reagents, and Others), by Application (Auto Immune Disease, Cancer, Diabetes Mellitus, Infectious Disease, and Others) by End User (Hospitals and Clinics, Research Institutes, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027. Market Overview: Hematology is a branch of medical science that focuses on the study of blood-forming organs, blood, and blood disorders. It encompasses the diagnosis, treatment, and management of various conditions related to blood, such as anemia, leukemia, lymphoma, hemophilia, and clotting disorders. The Global Hematology Market Size Is Valued At US$ 4537.5 Million In 2019, And Is Expected T
Read more

The Growing Landscape Of The Medical Carts Market: Innovative Solutions For Healthcare Facilities

Image
Medical Carts Market The healthcare industry has undergone significant transformations over the years, driven by advancements in medical technology and patient care practices. Among the numerous innovations, medical carts have emerged as essential tools in modern healthcare facilities, playing a pivotal role in enhancing efficiency, mobility, and patient outcomes. This article delves into the evolving landscape of the Medical Carts Market, exploring the latest trends, key players, technological advancements, and the impact of these carts on healthcare providers and patients.   The Medical Carts Market has witnessed remarkable growth in recent years due to the increasing demand for improved patient care and workflow optimization. Medical carts are specialized units designed to store, transport, and administer medical equipment, medications, and supplies within healthcare facilities. They offer healthcare providers a portable and organized solution to perform various tasks efficiently,
Read more

The Thriving Potential Of The Land Restoration Market In Ecological Sustainability

Image
Land Restoration Market The world is at a crossroads in terms of environmental challenges. Climate change, biodiversity loss, and land degradation are threatening the delicate balance of our ecosystems. Land restoration emerges as a critical solution to address these pressing issues and to ensure a sustainable future for generations to come. In this 1200-word piece, we will explore the Land Restoration Market , its significance in ecological sustainability, and the promising potential it holds in revitalizing our planet. The Land Restoration Market represents a growing sector focused on reclaiming and rehabilitating degraded lands. This market encompasses various approaches such as afforestation, reforestation, soil remediation, and sustainable land management practices. These activities aim to combat land degradation, desertification, and deforestation while promoting biodiversity conservation and climate change mitigation. Land degradation affects over one-third of the Earth'
Read more