Europe Skincare Devices Market – Analysis and Forecast (2019-2024)
The European skincare devices market is expected to grow at a CAGR of 11.5% during the forecast period with its market size predicted to reach USD 4.7 billion by 2024. The major factors driving the European skincare devices market are high awareness among consumers for personal care, adoption of technologically advanced products, aging population, and increasing prevalence of skincare disorders. Also, the usage of chemicals in topical skincare products is further encouraging the European population to adopt devices for skincare. Laser-based devices, electrosurgical devices, light-based devices, liposuction devices are the major contributor to the skincare devices industry in the region. Download Free Report Sample At: https://www.vynzresearch.com/healthcare/europe-skincare-devices-market/request-sample Some of the key factors leading to the growth in the European skincare devices industry are a high prevalence of skin disorders, increasing awareness for personal care, increasing geriatric population, and shifting consumer inclination from topical based treatments to device-based treatments. Also, technological advancements have led to the miniaturization of devices with the capability of treating several skin conditions. Some of the key challenges faced by the European skincare devices industry are sluggish economic growth, and side effects associated with the use of skincare devices. Also, stringent regulatory norms in the region lead to the delay in the approval of new advanced products; thus hampering the growth of the market to some extent. Geographically, Germany is the largest skincare devices market in Europe. The large consumer base, high disposable income and robust economy of the country lead to the largest share of the country in the region. The market in France is anticipated to grow at the highest CAGR of 12.9% during the forecast period. Presence of a large number of industry players, increasing investment in research and development, and high consumer inclination towards devices for skin condition treatment are the key factors leading to the fastest growth of the French skincare devices industry. Read More: https://www.vynzresearch.com/healthcare/europe-skincare-devices-market Key players in the skincare devices industry are investing in the advancements of technology to provide better treatment options. Some of the players operating in the European market are Galderma SA, Merz Pharma GmbH & Co. KGaA, Lumenis Ltd., Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Syneron Medical Ltd., Panasonic Corporation, Classys Inc. and Irisiome SAS.
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