Report : Asia Pacific Skincare Treatment Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Light/ LED Therapy & Photo Rejuvenation Devices, Liposuction Devices, Electrosurgical Devices, Microdermabrasion Devices, Laser Based Devices, and Cryotherapy Devices), Application (Cellulite Reduction, Hair Removal, Skin Rejuvenation, Skin Tightening & Body Contouring, and Others), Distribution Channel (Online Retails, Specialty Stores, Supermarkets/ Hypermarkets, and Other Sales Channels), and End User (Dermatology Clinics, Hospitals, Spas & Salons, and Others)
Specialty Stores segment to dominate the Asia Pacific Skincare Treatment Devices Market during 2021–2028
According to a new market research study on “Asia Pacific Skincare Treatment Devices Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product, Application, Distribution Channel, and End User” is expected to reach US$ 5,256.32 million by 2028 from US$ 2,357.09 million in 2021. The market is estimated to grow at a CAGR of 12.1% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific skincare treatment devices market along with the drivers and restraints pertaining to the market growth. Heighten demand for cosmetic procedures and untapped opportunities from developing economies, burgeoning technological advancements and increasing R&D development activities, and innovation, and growing prevalence of skin disorders and rising awareness about beauty devices are the major factor driving the growth of the Asia Pacific skincare treatment devices market. However, heavy cost of skincare treatment devices and adverse after effects hinders the growth of Asia Pacific skincare treatment devices market.
The Asia Pacific skincare treatment devices market is segmented on the basis of product, application, distribution channel, end user, and country. Based on product, the market is segmented into light/LED therapy and photo rejuvenation devices, liposuction devices, electrosurgical devices, microdermabrasion devices, laser based devices, and cryotherapy devices. In 2021, the laser based devices segment held a larger share of the market; and it is also expected to register a higher CAGR during the forecast period. Based on application, the Asia Pacific skincare treatment devices market is segmented into cellulite reduction, hair removal, skin rejuvenation, skin tightening and body contouring, and others. In 2021, the hair removal segment held the largest market share; and the skin tightening and body contouring segment is expected to register the highest CAGR in the market during the forecast period. Based on distribution channel, the Asia Pacific skincare treatment devices market is segmented into online retails, specialty stores, supermarkets/ hypermarkets, and other sales channel. In 2021, the specialty stores segment held the largest market share; and the online retails segment is expected to register the highest CAGR in the market during the forecast period. Based on end user, the market is segmented into dermatology clinics, hospitals, spas & salons, and others. In 2021, the dermatology clinics segment held a larger share of the market; and the same segment is expected to register a higher CAGR during the forecast period. Based on country, the Asia Pacific skincare treatment devices market is segmented into China, Japan, India, Australia, South Korea, and Rest of APAC. In 2021, China held the largest market share; and it is expected to grow at the fastest CAGR during the forecast period.
Allergan Plc; Cutera, Inc.; Merz Pharma; Hologic, Inc.; Candela Medical; Panasonic Corporation; Michelson Diagnostics Ltd.; Bausch Health Companies Inc.; and Lumenis Be Ltd. are among the leading companies in the Asia Pacific skincare treatment devices market. For instance, Merz Aesthetics introduced Ultratherapy treatment in India for Skin Lifting. Ulytratherapy has been made available at more than 20 accredited partner clinics across all metro cities in India.
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