Beauty Devices Market Research On Present State & Future Growth Prospects to 2027
The growth of the is
driven by factors such as the changing consumer psyche towards beauty and
wellness, and increasing prevalence of age-related skin issues in the North
America region. Whereas, undesirable side effects of beauty devices likely to
have a negative impact on the growth of the market in the coming years.
Beauty devices are made and sold for the purpose of
enhancing the physical attractiveness of users. These devices come in handy and
are very useful for the cosmetic usage area including skin related issues, such
as acne, wrinkles and scars usage areas among others. The market for beauty
device is expected to witness huge growth due to changing consumer psyche
towards beauty and wellness and increasing prevalence of age-related skin
issues.
Top Dominating Key
Players:
- NuFACE
- L'OREAL GROUP
- Procter & Gamble
- Koninklijke Philips N.V.
- Panasonic Corporation
- TRIA BEAUTY
- FOREO
- YA-MAN LTD
- ZIIP
- Silk’n
Age-related skin issues, such as pigmentation, wrinkles,
creases, and acne, as well as burn scars due to accidents are extremely common
among masses. According to the American Academy of Dermatology Association,
acne is the most common skin condition in the US, affecting about 50 million
Americans annually. Approximately 85% of people between the ages of 12 and 24
experience the onset of minor acne. The costs associated with the treatment and
lost productivity among those who sought medical care for acne exceeded US$ 1.2
billion, and more than 5.1 million people had sought medical treatment for
acne, primarily children and young adults, in 2013.
Moreover, one in 10 people develop atopic dermatitis during
their lifetime, and it affects up to 25% of children and 2–3% of adults.
Furthermore, over a quarter (28%) of women under 25 even admit that they
regularly worry about their signs of aging, and this number has increased to
42% for those aged 25–34 and 54% for those aged 35–44. In addition, the poll of
2,000 women across the US, conducted by Dermstore, found that the young women
have started using products to reduce the signs of aging much sooner than older
women.
The increasing use of beauty devices in medical treatment
cases in North America is expected to drive beauty devices market the growing
medical devices industry in the country create a lucrative opportunity and the
presence of an established market for beauty devices.
Purchase for Report @
https://bit.ly/3f0bM9j
Key Benefits:
- This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.
- In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
- Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
Source : Business
Market Insight
Comments
Post a Comment