Report : Europe Skincare Treatment Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Light/LED Therapy and Photo Rejuvenation Devices, Liposuction Devices, Electrosurgical Devices, Microdermabrasion Devices, Laser-Based Devices, and Cryotherapy Devices), Application (Cellulite Reduction, Hair Removal, Skin Rejuvenation, Skin Tightening and 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)
Hair Removal segment to dominate the Europe Skincare Treatment Devices Market during 2021–2028
According to a new market research study on “Europe 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$ 6,426.44 million by 2028 from US$ 3,054.50 million in 2021. The market is estimated to grow at a CAGR of 11.2% from 2021 to 2028. The report provides trends prevailing in the Europe skincare treatment devices market along with the drivers and restraints pertaining to the market growth. Burgeoning new product launches and rising developments and strategic collaborations, raising prevalence of skin disorders and rising awareness about beauty devices, and strengthening technological advancements and increasing R&D development activities, and innovation are the major factor driving the growth of the Europe skincare treatment devices market. However, expensive cost of skincare treatment devices and adverse after effects hinders the growth of Europe skincare treatment devices market.
The Europe 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 Europe 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 Europe 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 Europe skincare treatment devices market is segmented into the U.K., Germany, France, Italy, Spain, and Rest of Europe. In 2021, Germany held the largest market share; and the UK 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 Europe skincare treatment devices market. For instance, the company announced the launch of its excel V+, the next generation laser platform. This platform can be used for the treatment of rosacea, poikiloderma, leg veins, skin pigmentation and acne scars.
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