Global Skin Tightening Market to reach USD xx billion by 2027.Global Skin Tightening Market is valued approximately at USD xx Billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Skin Tightening includes various techniques such as invasive, laser, non-invasive, radio frequency and other techniques to tighten skin. It has gained huge popularity among the consumers for improving & maintaining skin beauty. The global Skin Tightening market is being driven by surge in the geriatric population. For instance, according to World Bank, population aged 65 and above (% of total population) has increased from 8.646% in 2017 to 9.318% in 2020. The other driving factor for the market is the increase in the healthcare expenses worldwide as the treatment is conducted by health professionals. For instance, according to World Bank, global current health expenditure per capita has grew from USD 1,020.86 IN 2016 to USD 1,111.08 in 2018. Furthermore, advancement in medical technology, the growing influence of social media, rising consciousness for physical appearance, and expanding ability and willingness to undergo this therapy due to rise in personal income will provide new opportunities for the global Skin Tightening industry. However, high costs of skin therapies and possibility of side effects may impede market growth over the forecast period of 2021-2027.
The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are analyzed for the regional analysis of the global Skin Tightening Market. North America is the leading region across the world in terms of market share owing to increase in the advancement in technology and growing geriatric population. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing awareness for physical appearance, growing personal care industry and rising obesity in the region.
Major market player included in this report are:
Beijing HONKON Technologies
SharpLight Technologies
Project E Beauty
Solta Medical (BAUSCH HEALTH COMPANIES)
Venus Concept
Lynton Lasers
Alma Lasers (Sisram)
Cynosure (Hologic)
Cutera
Allergan (Abbvie)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Ultrasound Skin Tightening
Radio Frequency Skin Tightening
Laser Skin Tightening
By Portability:
Portable
Standalone
By End-use:
Dermatology Centers
Hospitals
Homecare Settings
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Skin Tightening Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors