North America Beauty Devices Market to Observe Utmost CAGR of 13.5% by 2029
Data Bridge Market Research Published Latest North America Beauty Devices Market Study by in-depth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
Beauty devices are a growing industry, and for a good reason. They offer a convenient and affordable way to address many skin concerns. Laser treatments can be used to remove wrinkles or to reduce their appearance. Pigmentation is the uneven distribution of melanin in the skin. Melanin is the pigment that gives the skin its color. Chemical peels are often the most effective option for treating pigmentation but can also carry a greater risk of side effects. Laser treatments can be used to remove pigmentation or to reduce its appearance. Age spots are a type of pigmentation that is caused by sun exposure. They are often brown or black in color and can appear anywhere on the skin.
North America beauty devices market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.5% in the forecast period of 2022 to 2029 and is expected to reach USD 18,096.23 million by 2029.
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Beauty is the essential characteristic of women as well as men. Beauty devices are used in various types of beauty appearance related issues including hair, facial, skin, oral and eye. Beauty devices are extremely beneficial for the treatment of beauty related problems. Various types of beauty devices such as hair care devices, facial devices, skin care devices, oral care devices and eye care devices are commercialized in the market which is used to improve the beauty appearance.
Light / LED & photo rejuvenation therapy devices is a form of beauty system that uses narrow band and non-thermal LED light energy to activate the natural cell processes in the body to promote skin rejuvenation and repair. Anti-aging is one of the greatest challenges for beauty related issue, the cases of anti-aging is increasing very rapidly along with that the beauty devices target the multiple signs of anti-aging and reduce the appearance of wide range of aging signs including wrinkles or fine lines. The beauty industry is fragmented by the introduction of advanced technology based products in the market which is highly adopted among the end users.
Growing demand for home beauty treatments is expected to drive the market’s growth rate
People are increasingly looking for ways to save time and money on beauty treatments, and at-home beauty devices offer a convenient and affordable way. There have been significant advances in the technology used in beauty devices in recent years, making them more effective and user-friendly. For example, laser hair removal devices have become more powerful and efficient, and microdermabrasion devices have become more gentle and effective.
Report Scope and Market Overview:
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015- 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: Sysmex Corporation (Japan), Agilent Technologies, Inc. (U.S.), BD (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Beckman Coulter, Inc. (U.S.), Sony Biotechnology Inc. (U.S.), Apogee Flow Systems Ltd.(U.K.), Cytek Biosciences (U.S.), BIOMÉRIEUX (France), Merck KGaA (Germany), Elabscience Biotechnology Inc. (U.S.), Miltenyi Biotec (Germany), Takara Bio Inc. (Japan), Thermo Fisher Scientific Inc. (U.S.), Q2 Solutions (a subsidiary of IQVIA) (U.S.)., CellKraft Biotech Pvt. Ltd. (India), Cytonome/ST, LLC (U.S.), Stratedigm, Inc (U.S.), NanoCellect Biomedical(U.S.), BennuBio Inc. (U.S.), Nexcelom Bioscience LLC (U.S.), On-chip Biotechnologies Co., Ltd. Corporation (Japan), Enzo Biochem Inc. (U.S.).
Market Development
- In 2019, Nu Skin launched the ageLOC Nutriol Scalp and Hair System, a clinically proven treatment that helps to increase hair thickness, volume, softness, and shine. The system also helps to improve scalp health and strengthen hair down to the roots. The ageLOC Nutriol Scalp and Hair System has been clinically proven to increase hair thickness by up to 10%, volume by up to 15%, and softness by up to 25%. The system has also been shown to improve scalp health and strengthen hair down to the roots. This shampoo is formulated with a blend of botanical extracts and amino acids to help cleanse the scalp and hair, while also providing nourishment and hydration.
- In 2019, Nu Skin also launched the ageLOC LumiSpa IdealEyes and ageLOC LumiSpa Accent. These two products are clinically proven treatments that help to improve the appearance of skin around the eyes. The ageLOC LumiSpa IdealEyes is a brightening eye cream that is formulated with a blend of peptides, antioxidants, and botanical extracts to help reduce the appearance of dark circles, puffiness, and fine lines around the eyes. The ageLOC LumiSpa Accent is a silicone attachment that can be used with the ageLOC LumiSpa device to help exfoliate and invigorate the delicate skin around the eyes. The ageLOC LumiSpa IdealEyes and ageLOC LumiSpa Accent have been clinically proven to reduce the appearance of dark circles by up to 25%, puffiness by up to 30%, and fine lines by up to 20%. The products have also been shown to improve the overall appearance of skin around the eyes.
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Segment Analysis:
The beauty devices market is segmented on the basis of type application, portability, gender, end user and distribution channel.
- On the basis of type, global beauty devices market is segmented into hair care devices, facial devices, skin care devices, oral care devices and eye care devices.
Hair care devices segment of type segment is anticipated to dominate the beauty devices market
Hair care devices segment is expected to dominate the global beauty devices market with 36.22% market share owing to the rising adoption of hair care devices with increasing hygiene awareness and growing hair related problems. Furthermore, rapid upsurge in disposable income with innovation in technological in hair care devices propels the growth of the type segment.
- On the basis of application, global beauty devices market is segmented into hair, facial, skin, oral and eye.
Hair segment is projected to hold the largest share of application segment in the beauty devices market
Hair segment is expected to dominate the global beauty devices market with 36.22% market share owing to growing demand of hair care devices such as hair growth devices, hair removal devices, smart devices among others for the treatment of hair growth & care, hair removal and others. Furthermore, hair care devices are likely to be the highest growing segment in the global beauty devices market because consumers are progressively using hair removal devices due to changing lifestyles and hygiene in both developed and developing countries.
- On the basis of portability, global beauty devices market is segmented into pocket-sized/ handheld device and fixed. Pocket-sized/ handheld device segment is expected to dominate the global beauty devices market with 64.20% market share. Pocket-sized/ handheld device are one of the most easiest, instant and fastest option for skin care, oral care, hair care, facial care and eye care procedure in domestic/ personalized/ homecare and commercial/ professional industry.
- On the basis of mode of operation, global beauty devices market is segmented into electric and battery operated and manual. Electric and battery operated segment is expected to dominate the global beauty devices market with 93.41% market share due to the majority of the hair care devices, oral care devices, facial devices, skin care devices and eye care devices available in the market which are both battery or electric powered.
- On the basis of gender, global beauty devices market is segmented into female and male. Female segment is expected to dominate the global beauty devices market with 81.72% market share owing to the increasing adoption of skin care devices, oral care devices, hair care devices, facial device and eye care devices for skin care, oral care, hair care, facial care, and eye care.
- On the basis of end user, global beauty devices market is segmented into commercial/ professional and domestic/ personalized/ homecare. Commercial/ professional segment is expected to dominate the global beauty devices market with 61.55% market share because beauty devices are used for oral care, hair care, facial care, skin care and eye care procedure which is performed as an outpatient process widely in the dermatology clinics, cosmetic centers, salon & spas. Commercial or professional are one of the first contact and trustable option for the patients in several countries for the beauty care technique.
- On the basis of distribution channel, global beauty devices market is segmented into direct sales, retail and online. Direct sales segment is expected to dominate the global beauty devices market with 53.20% market share because most of the dermatology clinics, cosmetic centers, salon & spas, hospitals prefer direct tender for seeking the profits of discounts, bulk buying and easy availability of products.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-beauty-devices-market&Shri
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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