This report provides in depth study of “Global Beauty Devices Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Global Beauty Devices Market research report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. Market research future has a half cooked research report on Beauty Devices Market. The global beauty devices market is expected to grow at a CAGR of 7.8 % during the forecast period 2017-2023.
Market Research Future published new report, titled “Beauty Devices Market -Research Report: Global Forecast till 2023”.
Top Key Players L’Oreal S.A., Nu Skin Enterprises, Panasonic Corporation, Syneron Medical Ltd, Home Skinovations Ltd, TRIA Beauty Inc, Procter & Gamble Co, PhotoMedex Inc, Tria Beauty Inc.
Competition in the Global Beauty Devices Market and are profiled in MRFR Analysis. “Global Beauty Devices Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors Along With Market Attractiveness As Per Segments.
Market Synopsis for Global Beauty Devices Market:
Beauty devices are products that aid in enhancing one’s physical appearance. These devices helps to resolve issues related to skin and hair. These beauty devices have committed to provide the same service as one would get from any aesthetic treatment. Increasing awareness about beauty devices and services, rising geriatric population, increasing hormonal disorders, high disposable income, increasing prevalence of skin and hair problems along with immense technological advancement are the driving factors of the beauty devices market. As per the latest trends in beauty devices market, existing companies are focusing more on unique approaches and innovative technologically advanced devices. This has created competition among existing market players and new entrants will directly lead to decrease in prices.
Beauty devices have attracted a considerable attention of market, since the technology is developing in almost every aspect of life leading to a higher adoption of these technologically advanced products by the consumers. These beauty devices are accepted by the consumers. However, the presence of reasonable substitutes and side-effects from beauty devices may hamper the upside move of the market over the review period.
Hair removal devices hold the largest global market share of beauty devices, owing to increasing prevalence of polycystic ovary syndrome (PCOS) and hormonal problems among females. According to CDC, PCOS is affecting 6% to 12% of the U.S. women of reproductive age.
The global beauty devices market is segmented on the basis of type, application, and end user.
On the basis of type, it is segmented into hair care, skin care, oral care, and others. Furthermore hair care segmented into hair removal devices, hair growth devices, hair styling devices, and others and skin care segmented into light/led and photo rejuvenation therapy devices, cellulite reduction devices, acne removal devices, and others.
On the basis of application, it is segmented into commercial purpose and others. Furthermore commercial purpose segmented into salon/spas, hospitals/clinics, and others
On the basis of end user, it is segmented into professional and personalized.
The Americas dominate the global beauty devices market owing to well-developed technology, increasing patient with PCOS, rising aging population, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region. Some regions of Latin America are also expected to rise at a faster pace.
Europe holds the second position in the global beauty devices market owing to the government support for research & development and availability of funds for research. This is expected to continue to drive the European market over the forecasted period. For instance, countries like Germany and France are increasing investment in the healthcare domain.
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Asia Pacific is the fastest growing acquired beauty devices market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods in countries like India and China is likely to emerge as the fastest growing market across the globe. Furthermore, increasing demand for quality devices in healthcare, is projected to lead to the use of advanced equipment, which, in turn, will increase the market growth of the acquired aplastic anemia in the region. In the Asia Pacific region, China is commanding the largest market share owing to tremendous economic development and increasing aging population.
On the other hand, the Middle East and Africa is expecting a luxurious growth in coming years. On the basis of consumer awareness, the usage of beauty devices is dominant across all age groups.
Major Table of Contents:
Chapter 1 Report Prologue
Chapter 2 Introduction
Chapter 3 Research Methodology
Chapter 4 Market Dynamics
Chapter 5 Market Factor Analysis
Chapter 6 Global Beauty Devices Market, By Product Type
Chapter 7 Global Beauty Devices Market, By Application
Chapter 8 Global Beauty Devices Market, By End-Users
Chapter 9 Global Beauty Devices Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
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