Exploring Facial Treatment Market: Size, Growth, Trends, and Forecast
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Facial Treatment Market Growth – at a CAGR of 7.44%, Market Trends – Increasing demand for handheld face treatment devices from Europe
VANCOUVER, BC, CANADA, January 23, 2023 /EINPresswire.com/ -- The global facial treatment market size was USD 1,007.1 Million in 2021 and is expected to register a revenue CAGR of 7.44% during the forecast period, according to the latest analysis by Emergen Research. Growing advancements in facial treatment technologies and increasing demand for face treatments among women to look youthful and more presentable are major factors driving market revenue growth between 2021 and 2030. In addition, rising innovation and launch of new and advanced skin treatment products are also expected to drive revenue growth of the facial treatment market in the coming years. For example, on 07 January 2022, Obagi, a scientifically based skin care company launched Skintrinsiq, its first foray into the market for skin care devices. This device uses InfuseIQ Technology to eliminate impurities from skin and increase uptake of Obagi products through customized skin care procedures.
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Some Key Highlights From the Report
The laser-based devices segment is expected to register a rapid revenue CAGR during the forecast period. To treat a variety of skin conditions, lasers have been hailed as a miraculous cosmetic enhancement technique because their beam softly vaporizes skin tissues. Laser devices are used to treat a variety of skin conditions such as pigmentation, wrinkles, fine lines, age spots, freckles, unwanted tattoos, acne scars, birthmarks, blemishes, seal blood vessels, spider veins, droopy, dry, sagging eyelid skin and dark circles, improve crow’s feet around eyes, pucker marks, frown lines, brown spots, uneven skin color, uneven skin tone and texture, smokers’ line, skin tightening, unwanted hair, skin tissue incision, and vascular lesions, which is expected to drive revenue growth of this segment.
The Platelet-Rich Plasma (PRP) therapy segment is expected to register a steady growth rate during the forecast period. It is used to treat torn tendons and is now widely employed to treat skin injuries as well. PRP was initially used by doctors to hasten healing process following jaw or plastic surgery. Due to lengthy recovery durations associated with treatments on these tissues, post-surgical PRP injections have now been expanded to assist in healing of muscles, tendons, and ligaments.
The North America market accounted for largest revenue share in 2021 due to rising demand for face treatments among women. Rapid growth rate of the North American market is attributed to high purchasing power of working professionals and expansion of company operations by well-known organizations.
On 10 January 2022, Theravant Corporation's announced that its TheraClear System assets will be acquired by STRATA Skin Sciences, which is a medical technology company committed to creating, commercializing, and distributing cutting-edge technologies for treatment of dermatologic disorders. Theravant creates and sells a cutting-edge, FDA-approved system for in-office treatment of numerous prevalent types of acne.
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Major Players/Manufacturers profiled in the report are:
Lutronic, Bausch Health Companies Inc., Strata Skin Sciences, Cutera, Lumenis Be Ltd., Sciton, Cynosure, Venus Concept, Neoasia, and Fotona
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Global Facial Treatment Market Report - Segmental Analysis:
Device Outlook (Revenue, USD Million; 2019–2030)
LED Devices
IPL Devices
Ultrasound Devices
Laser-based Devices
RF Devices
Others
Treatment Outlook (Revenue, USD Million; 2019–2030)
Platelet-Rich Plasma Therapy
Radiofrequency (RF) Skin Tightening
Microneedling
Ultherapy
Chemical peel
Others
End-use Outlook (Revenue, USD Million; 2019–2030)
Beauty Clinics
Dermatology Clinics
Parlor & Salons
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Facial Treatment Market Size Worth USD 1,908.7 Million in 2030
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