North America Skin Tightening Market, By Product Type (Radio Frequency Skin Tightening, Laser Skin Tightening and Ultrasound Skin Tightening), Portability (Portable and Standalone), Treatment Type (Non-Invasive and Minimally Invasive), Application (Reduce Wrinkles, Face Lifting, Body Lifting, Anti-Aging and Others), End User (Dermatology Clinics, Hospitals, Beauty Salon and Cosmetic Centres and Homecare), Distribution Channel (Direct, Tenders and Retail), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the skin tightening market will exhibit a CAGR of around 11.5% for the forecast period of 2021-2028. Rising prevalence of skin disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growing awareness and demand for cosmetic surgeries and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of skin tightening market.
Skin tightening is an aesthetic therapy that is used by the individuals to minimize the ageing features on the skin and wrinkles using radio frequency energy to heat skin. Skin tightening procedure incorporates the application of a wide range of devices, products, and medical procedures to lift the skin out of sagging. Laser skin tightening is a minimally invasive procedure with little to no downtime.
Upsurge in the geriatric population base is one of the major factors fostering the growth of the market. Rise in the healthcare expenses in advanced countries and growing focus of industry leaders on adopting several strategies for developing a novel skin tightening device are other market growth determinants. Rising awareness among users related to several skin therapy techniques and desires to improve the quality of skin, growing consciousness regarding physical appearance and rising preference towards non-invasive surgical procedures are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with research and development proficiencies and undergoing this procedure will further pose challenges for the market. Stringent regulations imposed by the government on aesthetic procedures, increasing cases related to failure of tightening techniques and skin damage and side effects associated with skin tightening treatments will also hamper the market growth rate.
This skin tightening market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on skin tightening market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Skin Tightening Market Scope and Market Size
The skin tightening market is segmented on the basis of product type, portability, treatment type, application, distribution channel and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the skin tightening market is segmented into radio frequency skin tightening, laser skin tightening, and ultrasound skin tightening.
- On the basis of portability, the skin tightening market is segmented into portable and standalone.
- On the basis of treatment type, the skin tightening market is segmented into non-invasive, minimally invasive.
- On the basis of application, the skin tightening market is segmented into reduce wrinkles, face lifting, body lifting, anti-aging and others.
- On the basis of distribution channel, the skin tightening market is segmented into direct tenders and retail.
- On the basis of end user, the skin tightening market is segmented into dermatology clinics, hospitals, beauty salon and cosmetic centers and homecare.
North America Skin Tightening Market Country Level Analysis
The skin tightening market is analysed and market size insights and trends are provided by country, product type, portability, treatment type, application, distribution channel and end user as referenced above.
The countries covered in the skin tightening market report are U.S., Canada and Mexico.
U.S. in North America dominates the skin tightening market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the rising adoption of non-invasive aesthetic surgeries in the U.S. and well-established healthcare infrastructure.
The country section of the skin tightening market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The skin tightening market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the skin tightening market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Skin Tightening Market Share Analysis
The skin tightening market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to skin tightening market.
The major players covered in the skin tightening market report are OPATRA, BTL, Merz Pharma, ALLERGAN, BISON MEDICAL, Pollogen, BRERA MEDICAL TECHNOLOGIES S.R.L., Cutera, Alma Lasers, Venus Concept., Winkonlaser, DEKA M.E.L.A. srl, Fotona, Hologic, Inc., EinsMed, Bausch Health Companies Inc. among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.