The Personal-Use Facial And Skin Therapy Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Personal-Use Facial And Skin Therapy Devices Global Market Report 2024, The personal-use facial and skin therapy devices market size is expected to see rapid growth in the next few years. It will grow to $6.66 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to the increasing prevalence of skin problems, growing popularity of non-invasive treatments, rise in adoption of e-commerce, increasing demand for hair removal devices, and growing health and wellness focus. Major trends in the forecast period include the adoption of advanced electronic beauty devices, advancement in LED light therapy, integration of artificial intelligence and the internet of things, demand for microcurrent facial toning devices, and demand for portable and travel-friendly devices.
The increasing prevalence of skin problems is expected to propel the growth of the personal-use facial and skin therapy device market going forward. Skin problems are rising due to several factors, such as environmental pollution, UV radiation, hormonal changes, and aging populations. Personal-use facial and skin therapy devices reduce acne by targeting bacteria and promoting healing, stimulate collagen for improved skin elasticity non-invasively, and offer cost-effective solutions outside dermatologist visits. For instance, in January 2024, according to Cancer Australia, an Australia-based government agency, Australia recorded 15,628 new cases of melanoma of the skin, with 9,134 cases in males and 6,494 cases in females in 2021. By 2023, it is estimated that the number of new cases will increase to 18,257, comprising 10,639 cases in males and 7,618 cases in females. Therefore, the increasing prevalence of skin problems is driving the growth of the personal-use facial and skin therapy device market.
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The personal-use facial and skin therapy devices market covered in this report is segmented –
1) By Product: Radiofrequency Devices, Electrical Muscle Stimulation Devices, Light Emitting Diode (LED) Light Therapy Devices, Other Products
2) By Type: Skin Tightening, Skin Rejuvenation, Acne, Scarring, Other Types
3) By Application: Skin Care, Facial Treatment
4) By Distribution Channel: Retail, E-Commerce
Major companies operating in the personal use facial and skin therapy device market are focused on developing advanced smart beauty and wellness products, such as microcurrent body devices, to enhance overall well-being and body confidence through skin stimulation at home. A microcurrent body device is a skincare tool that uses low-level electrical currents to stimulate the muscles, collagen production, and cellular activity in the body. For instance, in February 2024, Nu Skin Enterprises, a US-based personal care product company, launched the Nu Skin RenuSpa iO, an FDA-cleared microcurrent body device. The RenuSpa iO device features patent-pending adaptive microcurrent technology that adjusts to the skin’s conductivity over 80 times per second, ensuring a smooth and comfortable massage with its unique metallic node design. It offers visible beauty benefits and promotes comprehensive wellness by aiding in body restoration, revitalization, and refreshment. Users can enjoy a personalized at-home experience enhanced by the Nu Skin Vera app, which provides live data insights into the real-time adjustments of the microcurrent technology during their RenuSpa iO session.
The personal-use facial and skin therapy devices market report table of contents includes:
1. Executive Summary
- Personal-Use Facial And Skin Therapy Devices Market Characteristics
- Personal-Use Facial And Skin Therapy Devices Market Trends And Strategies
- Personal-Use Facial And Skin Therapy Devices Market – Macro Economic Scenario
- Global Personal-Use Facial And Skin Therapy Devices Market Size and Growth
.
- Global Personal-Use Facial And Skin Therapy Devices Market Competitive Benchmarking
- Global Personal-Use Facial And Skin Therapy Devices Market Competitive Dashboard
- Key Mergers And Acquisitions In The Personal-Use Facial And Skin Therapy Devices Market
- Personal-Use Facial And Skin Therapy Devices Market Future Outlook and Potential Analysis
- Appendix
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