Global Skincare Devices Market Insights Forecasts to 2033

• The Global Skincare Devices Market Size Was Valued at USD 15.7 Billion in 2023
• The Market Size is Growing at a CAGR of 12.24% from 2023 to 2033
• The Worldwide Skincare Devices Market Size is Expected to Reach USD 49.8 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Skincare Devices Market Size is Anticipated to Exceed USD 49.8 Billion by 2033, Growing at a CAGR of 12.24% from 2023 to 2033.

Market Overview

Various electrical or battery-operated tools are used for several skincare procedures, including cleaning, cleansing, hair removal, revitalization, and more such instruments are known as skincare devices. Provide efficient skincare solutions, these devices make use of a variety of technologies, including laser therapy, radio frequencies, ultrasound, microdermabrasion, and others. The growing need for minimally invasive skincare treatments, the popularity of at-home beauty devices, and consumers' growing understanding of skincare are some factors driving the skincare devices market. The senior population, the growing trend toward minimally invasive operations, and the increased public awareness of skincare and beauty are the main factors driving the growth of skincare devices market. The increasing use of skincare devices is being driven by growing numbers of individuals being aware of skincare therapies, the value of keeping skin healthy, and the accessibility of cutting-edge technology solutions.

For instance, in February 2024, the smart beauty and wellness device Nu Skin RenuSpa iO was launched by Nu Skin Enterprises, a leading global brand in beauty and wellness, to enhance general well-being and confidence using skin stimulation.

Report Coverage

This research report categorizes the market for the global skincare devices market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global skincare devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global skincare devices market.

Driving Factors

One of the main factors driving the market is the availability of non-invasive techniques that produce effective outcomes with skincare devices. These devices are becoming more and more popular due to consumers are more likely to choose non-invasive, minimal, or never-require downtime treatments. The market is being driven by the increasing awareness of skincare and beauty. To attain younger-looking, more radiant skin, consumers are growing more self-conscious regarding how they look and are prepared to spend money on skincare devices and products. The need for skincare device is being driven by the increased frequency of skin conditions like eczema, psoriasis, and acne. Light therapy, microdermabrasion, and laser treatments are among the effective therapeutic options offered by these technologies for these disorders.

Restraining Factors

The high price of skin care products, their limited availability in developing nations, and the shortage of qualified dermatologists all restrict the market growth. The implementation of skincare devices in smaller institutions is restricted by the high expenses connected to devices. Thus, the market's expansion is restricted by limited access to price skincare devices.

Market Segmentation

The global skincare devices market share is classified into product, application, and end user.

• The treatment devices segment is expected to hold the largest share of the global skincare devices market during the forecast period.   

Based on the product, the global skincare devices market is divided into diagnostic devices and treatment devices. Among these, the treatment devices segment is expected to hold the largest share of the global skincare devices market during the forecast period. The availability of several dermatology treatment applications is primarily responsible for the prevalence of treatment devices. The primary driver of the market's growth is the use of lasers to treat cosmetic skin issues like wrinkles, scars, and acne. Governments and international organizations are currently trying to raise people's awareness of a variety of skin issues.

• The hair removal segment is expected to hold the largest share of the global skincare devices market during the forecast period.     

Based on the application, the global skincare devices market is divided into hair removal, skin rejuvenation, acne, psoriasis, and tattoo removal, wrinkle removal, and skin resurfacing, body contouring and fat removal, cellulite reduction, vascular and pigmented lesion removal, others. Among these, the hair removal segment is expected to hold the largest share of the global skincare devices market during the forecast period. The market for hair removal devices has increased because laser technologies, in particular, are safer for all skin tones and hair colors and enable less unpleasant treatment processes. In the market for skincare devices, "hair removal" refers to the process of getting removal of undesirable hair from different body parts using tools like IPL (Intense Pulsed Light) devices and laser hair removal systems.  

• The hospitals segment is expected to hold a significant share of the global skincare devices market during the forecast period.   

Based on the end user, the global skincare devices market is divided into hospitals, clinics, and others. Among these, the hospitals segment is expected to hold a significant share of the global skincare devices market during the forecast period. Dermatologists and other medical experts use skincare devices in hospitals as vital tools for diagnosing and treating a range of skin disorders. Due to the rising incidence of skin-related conditions, hospitals are observing an increase in demand for these modern devices to provide complete dermatological care.    

Regional Segment Analysis of the Global Skincare Devices Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global skincare devices market over the predicted timeframe.

North America is anticipated to hold the largest share of the global skincare devices market over the predicted timeframe. The market for skincare devices in North America is defined by an important focus on technological innovation and consumer demand for cutting-edge cosmetic treatments. The adoption of high-tech products like LED therapy masks, microdermabrasion devices, and face cleansing brushes is being driven by consumers in this region and places a high value on easy and efficient skincare routines. In addition, as people look for alternatives to in-person dermatological procedures, the market is witnessing a growing focus on non-invasive therapies, especially in light of the COVID-19 epidemic.   

Asia Pacific is expected to grow at the fastest pace in the global skincare devices market during the forecast period. The production of devices with renewable features and materials is supported by the Asia Pacific market, which also values sustainable and eco-friendly skincare alternatives. The demand for mobile app-integrated smart skincare devices that provide customized skincare routines is also rising in the region. Asian consumers are recognized for being tech-savvy, and skincare products cater to this demographic, driving the industry's continuous growth and innovation.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global skincare devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Promoitalia
• GESKE
• Nu Skin Enterprises
• Ambicare Health
• Cynosure, Inc.
• Solta Medical, Inc.
• Cutera, Inc.
• Alma Lasers GmbH
• Syneron Medical Ltd.
• Canfield Scientific, Inc.
• Fotona
• 3Gen
• Aesthetic Group
• Image Derm, Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In December 2023, GESKE German Beauty Tech is a new global brand that combines AI technology, German engineering and established skincare knowledge. The company has launched its first complete SmartApp Guided skincare range, which includes 250 cutting-edge and clinically certified skincare devices. 

• In October 2022, the launch of iWave, a unique body microwave contouring gadget, was announced by cosmetic product company Promoitalia. In terms of fat reduction, the device has demonstrated safe and successful outcomes.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global skincare devices market based on the below-mentioned segments: 

Global Skincare Devices Market, By Product  

• Diagnostic Devices
• Treatment Devices

Global Skincare Devices Market, By Application  

• Hair Removal
• Skin Rejuvenation
• Acne
• Psoriasis
• Tattoo Removal
• Wrinkle Removal
• Skin Resurfacing
• Body Contouring
• Fat Removal
• Cellulite Reduction
• Vascular
• Pigmented Lesion Removal
• Others

Global Skincare Devices Market, By End User

• Hospitals
• Clinics
• Others

Global Skincare Devices Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa