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Skincare Devices Market Set for Prosperity in Future

The global skincare devices market generated a revenue of $9,531.9 million in 2019 and is predicted to attain a value of $28,157.2 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market would exhibit a CAGR of 11.0% between 2020 and 2030. The rising appearance consciousness among people, the increasing public awareness of beauty devices, the rising incidence of skin diseases, and the surging geriatric population are the main growth drivers of the market.

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Skincare Devices Market Set for Prosperity in Future

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  1. Medical Devices © P&S Intelligence. All rights reserved Page 1

  2. What are Latest Technological Advancements in Skincare Devices Market? Looking good is considered important in today’s world, as it happens to boost many people’s confidence. The idea of beauty is almost as important as human civilization itself, with folklore being filled with appreciation of their protagonists’ physical charms. This is why people around the world are rapidly focusing on their skin and hair and visiting spas and dermatology centers for the same. With the advent of globalization, the trend of working on one’s appearance has picked up in the last 10–15 years. Receive Sample Copy of this Report:https://www.psmarketresearch.com/market-analysis/skin-care- devices-market/report-sample Other common dermatological diseases include acne, psoriasis, eczema, and seborrheic dermatitis. With skincare devices undergoing technological advancements, the treatment of a lot of such issues has become easier. Advanced instruments are better able to improve the appearance of the skin, by effectively treating wrinkles, fine lines, sun spots, and cellulite. Among the advancements are energy- based devices, which utilize the light, laser, ultrasound, electromagnetic radiation, plasma, and cryolipolysis technologies, and are therefore non-invasive. Make an Enquiry before Purchase:https://www.psmarketresearch.com/send-enquiry?enquiry- url=skin-care-devices-market Currently, North America is the largest user of such devices, as it accounts for the highest disposable income anywhere in the world, which allows inhabitants to opt for beauty treatment more freely and more often. Additionally, the region is the first to witness the launch of technologically advanced products, which are strongly promoted on TV, internet, and magazines. This leads to a high awareness on these devices among people, who are also realizing the importance of a healthy skin and dangers of various dermatological conditions. In the coming years, the skincare devices market would grow the fastest in Asia-Pacific (APAC), which is currently witnessing a sharp increase in its geriatric population. The United Nation says that compared to 11.4% in 2011, people in the 65-and-above age group would make up 20% of APAC’s population in 2050. Such people not only face issues such as cellulite, wrinkles, obesity, and loose skin, but they are also at a higher risk for cancer. Additionally, with the rising social media and TV influence, people here have become more conscious of their appearance, than before, which is why they are visiting dermatological clinics and spas to improve their aesthetics. © P&S Intelligence. All rights reserved Page 2

  3. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3

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