Global Beauty Devices Market – Industry Trends and Forecast to 2024
Market Definition: Beauty Devices Market
Beauty is the most important and impressive characteristic of any of the individual. Rise in skin and hair problems, growing aging populace, reduced skin elasticity, sunburns, increased the demand of beauty devices. UV radiations, environmental pollution and microbes such as bacteria, viruses, and fungi causes wide range of skin diseases which have to be cured before spreading. Beauty devices are proving extremely beneficial in the treatment of the above-mentioned dermatological conditions.
Market Analysis: Beauty Devices Market
The global beauty devices market accounted to USD 27.8 billion in 2016 growing at a CAGR of 19.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Segmentation: Beauty Devices Market
The global beauty devices market is segmented by product type into skin care and hair care. Skin care is further segmented into cleansing devices, acne devices, light therapy and photorejuvenation devices, oxygen & steamer devices. Hair Care is further segmented into hair removal devices, hair growth devices and hair styling devices.
By End User the market is segmented into hospitals, clinics, dermatology clinics, skin & beauty clinics, and cosmetic centers.
Major Market Competitors: Beauty Devices Market
Some of the major players operating in global beauty devices market are Procter & Gamble, Valeant pharmaceuticals, CM International S.A., doctorstech, iBeautyMachine, Japan Gals co.,ltd., Tech4beauty International, SharpLight Technologies Ltd., Termosalud, Silkn.com, Syneron Medical Ltd, RÖS’S, Healux Corporation, Lumenis Ltd., Panasonic Corporation, Photomedax Inc., NuFACE, Koninklijke Philips N.V., Tria, Grandway beauty, LUMSAIL and Thrice corporation among others.
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