Skincare Devices Market by Top Key Manufacturers, Types, Regions and Application and Demand Forecast to 2023
The prosperity of the skincare devices market is driven by the growing prevalence of skin cancer and other skin-related issues, technological developments in skincare devices, rising disposable income, and surging geriatric population. In 2017, the market generated a $7,787.4 million revenue, and it is predicted to attain a size of over $14,600.0 million by 2023, progressing at an 11.2% CAGR during the forecast period (2018–2023). Skincare devices are medical equipment or devices used for the diagnosis and treatment of skin-related disorders, such as acne, abnormal pigmentation, and eczema. On the basis of application, the skincare devices market is broadly categorized into cellulite reduction, hair removal, and skin tightening & body contouring. Out of these, in 2017, the cellulite reduction category led the market in terms of revenue, and it is expected to continue leading it during the forecast period, owing to the high amount of cellulite in post-pubertal female p...