Home > Healthcare & Medical Devices > Skin Rejuvenation Market
Skin Rejuvenation Market Size is expected to showcase a significant increase from 2021 to 2027 due to the mount in the number of pigmentation disorders. The growing consumer focus on improving skin appearance has resulted in a higher inclination towards advanced medical aesthetic treatments. The rapidly rising advancements in medical tourism, specifically in the Asia Pacific and Latin America is another ideal factor responsible for the market proliferation.
Skin rejuvenation is a treatment technique that helps to restore the skin from any damages that are caused owing to aging, sun exposure, or underlying health conditions. The rise in the number of strategies, escalating concerns over physical appearances along with spiraling innovations in skincare products will highlight the skin rejuvenation market development.
The intense pulse light (IPL) devices will grow with the increasing adoption by cosmetic clinics for the treatment of skin diseases like acne. Rising utility for resurfacing the skin imperfections will further drive the segment expansion.
The dermal fillers segment is slated to grow credited to the escalating obligation for instant results and the benefits of clinically demonstrated track reports.
On the other hand, the demand for laser-based skin rejuvenation devices is anticipated to augment with increasing efforts undertaken by numerous aesthetic device manufacturers. The growing usage of laser-based techniques to limit skin pigmentation and in the permanent removal of facial hair has positively added to the demand for facial products. Along with these factors, the rising technological developments in laser technology will sway the market progression.
The dermatology clinics will gain appreciable proceeds with the abundance of additional comprehensive and practical information pertaining to the treatment and care of skin disorders in these settings.
North America is set to capture a substantial remuneration for the skin rejuvenation market on account of the booming geriatric population. The mount in the number of non-surgical beauty procedures coupled with the growing consumer spending capacities has led to the higher intake of modern facial rejuvenation products. The soaring emphasis on physical appearances has resulted in the rising preference for minimally invasive procedures, mainly in the U.S. The presence of prominent industry participants and the easy access to technologically advanced procedures will significantly contribute towards the market growth.
Europe skin rejuvenation market size will exhibit lucrative growth through 2027 attributed to the rise in the preference for minimally intrusive methodologies and the expanding aging population.
Inorganic marketing strategies, like partnerships, investments, and acquisitions, besides technological progressions and R&D activities are actively undertaken by leading skin rejuvenation market players to enhance and reinforce their global footprint.
For instance, in April 2021, Cynosure announced the acquisition of MyEllevate® Surgical Suture System, in a bid to expand its collection of minimally invasive facial rejuvenation solutions.
In another instance, Cutera, in June 2021, launched Secret PRO, its novel secret radiofrequency (RF) microneedling device, a new addition to its portfolio of skin rejuvenation devices.
Lynton Lasers Ltd., Lumenis, Syneron Medical Ltd., Merz GmbH & Co. KGaA (Merz GmbH & Co. KGaA), Candela Corporation (Syneron Medical), LUTRONIC, Solta Medical, STRATA Skin Sciences, Sciton, Inc., Galderma Laboratories, L.P., Fotona, and Alma Lasers (Sisram Med) are some other well-known participants in the global industry.
The COVID-19 outbreak not only triggered multiple changes across businesses and consumer lifestyles but also heavily impeded the global economy. The industry demand for skin rejuvenation techniques with minimally invasive procedures, such as Botox, Hyaluronic acid, and PRP gathered a positive response amidst the pandemic. However, owing to the limitations in face-to-face treatment through these methods, tele dermatology marked extensive acceptance by physicians to tends to the rising skin complaints.
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