The global non-surgical skin tightening market is projected to record
an impressive CAGR during the forecast period, 2017 to 2022,
according to Transparency Market Research’s (TMR) newly published
report. The report states that the global non-surgical skin
tightening market will account for approximately US$ 500 Mn revenues
by 2022-end.
Among end-users of non-surgical skin tightening products, dermatology
clinics are projected to hold over two-third market revenue share in
2017. However, demand for non-surgical skin tightening products in
dermatology clinics will witness a significant decline by the end of
forecast period. On the other hand, demand for non-surgical skin
tightening products will gain immense traction in beauty clinics,
with sales estimated to exhibit a high single-digit CAGR through
2022.
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Laser-based devices will continue to be the most lucrative product in
the global non-surgical skin tightening market, owing to their
suitability for all skin types and relatively lower risk of skin
damaging. Laser-based devices also offer the benefit of changing the
treatment procedure based on the skin tone and texture.
RF devices have emerged as the latest addition to products of
non-surgical skin tightening procedures. The FDA is approving a large
number of RF devices for removal of wrinkles. RF devices are expected
to be effective to a wide variety of customers, particularly those
with darker skin and experiencing discoloration with laser-based
devices. RF devices are also known for tightening larger areas of the
skin, such as the flank or abdomen. Although RF devices currently
account for relatively lower revenues in the non-surgical skin
tightening market globally, their sales are projected to ride on the
highest CAGR in the market through 2022.
Ultherapy, also called high-intensity focused ultrasound therapy, is
the first ever non-surgical energy-based device approved by the FDA
for skin tightening procedures. In addition, the ultrasound devices
have been certified with CE mark. These factors have resulted into an
increased demand for ultrasound devices for skin tightening
procedures, especially across developed regions such as Europe and
North America, where acceptability, affordability and awareness of
cosmetic therapies is quite high. In terms of revenues, ultrasound
devices are expected to be the second most lucrative product for
non-invasive skin tightening procedure over 2017 to 2022.
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Asia-Pacific excluding Japan (APEJ) will continue to be the second
fastest expanding market for non-surgical skin tightening market, to
account for revenues over US$ 100 Mn by 2022-end. The awareness about
sophisticated personal care systems is increasing in APEJ, along with
rising number of new public health systems & healthcare
institutions, and improvements in healthcare infrastructure. Local
vendors in APEJ manufacture products at low costs, which in turn is
gaining attraction of customers from various other regions as well.
North America is expected to remain the largest market for
non-surgical skin tightening, followed by Europe over the forecast
period. In addition, the market in North America will witness the
fastest expansion through 2022. In Europe, people with their
increasing disposable incomes are spending more on improving their
appearance, increasingly getting aware of skin rejuvenation &
resurfacing procedures. Europe will remain the second most lucrative
market for non-surgical skin tightening during 2017 to 2022.
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Key companies profiled by TMR in its report on the global
non-surgical skin tightening market include Cutera Inc., Cynosure,
Inc., Solta Medical Inc., Lynton Lasers Ltd., Venus Concept Canada
Corp., Fotona d.d., Lutronic Corporation, Strata Skin Sciences, Inc.,
Lumenis Ltd., EL.En. S.p.A., Sciton, Inc., and Alma Lasers, Ltd.
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