Article -> Article Details
Title | Skin Tightening Market Players, Global Industry Growth, Opportunities and Forecast – 2030 |
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Category | Fitness Health --> Health Articles |
Meta Keywords | Skin Tightening Market, Skin Tightening Market Size, Skin Tightening Market Industry, Skin Tightening Market Research, Skin Tightening Market Analysis, |
Owner | Vaibhav |
Description | |
According to International Society of Aesthetic Plastic Surgery (ISAPS),
in 2016, estimated the total procedure for skin tightening performed worldwide
are 511,481 out of which Japan held the highest number of procedures followed
by the US. The factors that propel the growth of the market are growing
geriatric population, increasing advancement in medical technology and the
emerging medical aesthetic market. The Skin
Tightening Market is projected to grow from
USD 1.13 Billion in 2023 to USD 3.22 billion by 2030, at a CAGR of 19.1% during
the forecast. However, the radiation emitted from skin tightening equipment involve
high health-related risk and the stringent government regulations for aesthetic
in healthcare is hampering the growth of the skin tightening
market. In the current scenario, several players are dominating the global skin
tightening market. The market leaders in skin tightening treatment are involved
in merger and acquisition, product development and innovation to increase the
foothold in the skin tightening market. For instance, in January 2017, Lynton
Lasers launched a stand-alone platform, LUMINA laser & IPL platform, which
can perform 24 different aesthetic concern including skin tightening. Major Key
Players: Some of the Skin
Tightening Market Players
are ALLERGAN (US), Solta Medical (US), Venus Concept (Canada),
SmarterSkin Dermatology (US), INMODE (US), Fotona d.o.o. (Slovenia), BTL (US),
Lynton Lasers (UK), EINS MED Co., Ltd (South Korea), ENDYMED MEDICAL (US), and
Alma Lasers (Israel). Segment Analysis The global skin tightening market is segmented on the
basis of type, portability, application, end user, and region. By type, the global skin tightening market is
segmented into radiofrequency skin tightening, laser skin tightening,
ultrasound skin tightening, and others. RF skin tightening holds the largest
share in the global skin tightening market. By portability, the global skin tightening market is
segmented into portable and standalone, with the portable segment dominating
the global market. By application, the global skin tightening market is
segmented into anti-aging, reducing wrinkles, facelift, and others. The
anti-aging segment holds the largest share in the global skin tightening
market. By end user, the global skin tightening market is segmented
into specialty centers, hospitals and clinics, and others. The specialty
centers segment is likely to remain the majority revenue generator in the
global skin tightening market over the forecast period. Regional Analysis By region, the skin tightening market report covers the latest trends
and growth opportunities across the Asia Pacific (APAC), Europe, the Americas,
and the Middle East and Africa (MEA). Of these, the Americas will spearhead the
market during the forecast period. Various factors propelling the growth of the
skin tightening market in the region include the region’s high-income level,
growing demand for aesthetical solutions to issues caused by aging, the launch
of new products, rising R&D activities, a growing number of skin tightening
procedures, and increasing geriatric population. The skin tightening market in Europe is predicted to have the
second-largest share in the market during the forecast period for the growing
demand for minimally invasive treatments and increasing adoption of cosmetic
procedures. Germany is a major contributor in this region. The skin tightening market in the APAC region will grow at the fastest
pace during the forecast period for the increasing R&D funding, especially
by developing countries such as India and China. The skin tightening market in the MEA will have steady growth during the
forecast period for extremely low-income and less economic developments. About Market Research
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