Skin Tightening Market Statistics, Trends, Segmentation Analysis and Forecast to 2027
According to International Society of Aesthetic Plastic Surgery (ISAPS),
in 2016, estimated the total procedure for skin tightening performed worldwide
are 511,481 out of which Japan held the highest number of procedures followed
by the US. The factors that propel the growth of the market are growing
geriatric population, increasing advancement in medical technology and the
emerging medical aesthetic market.
The Global Skin
Tightening Market is forecasted to be valued at USD
6,340.99 Million by 2025 with the CAGR of 6.2% during the forecast
period.
However, the radiation emitted from skin tightening equipment involve
high health-related risk and the stringent government regulations for aesthetic
in healthcare is hampering the growth of the skin tightening
market.
In the current scenario, several players are dominating the global skin
tightening market. The market leaders in skin tightening treatment are involved
in merger and acquisition, product development and innovation to increase the
foothold in the skin tightening market. For instance, in January 2017, Lynton
Lasers launched a stand-alone platform, LUMINA laser & IPL platform, which
can perform 24 different aesthetic concern including skin tightening.
Major Key
Players:
Some of the key players in the global skin tightening
market are ALLERGAN (US), Solta Medical (US), Venus Concept
(Canada), SmarterSkin Dermatology (US), INMODE (US), Fotona d.o.o. (Slovenia),
BTL (US), Lynton Lasers (UK), EINS MED Co., Ltd (South Korea), ENDYMED MEDICAL
(US), and Alma Lasers (Israel).
Segment Analysis
The global skin tightening market has been segmented
based on type, portability, application, end user, and region.
The market, based on type, has been divided into fibroblast skin tightening, laser skin tightening, ultrasound skin tightening, and others.
The radiofrequency skin tightening segment is anticipated to hold the largest
share in the market due to the wider preferability and long-lasting results.
The market, based on portability, has been segregated
into portable and stand-alone. The stand-alone market is expected to hold the
largest share in the market, owing to its increasing application in the medical
devices industry.
The market, by application, has been categorized as
reduce wrinkles, face lifting, anti-aging, and others. The anti-aging segment
is expected to lead the market owing to the increasing focus and concern toward
having a youthful appearance.
The market, by end user, has been classified as
hospitals & clinics, specialty center, and others. The specialty center
segment is anticipated to hold a major share in the market due to the
professional skin tightening treatments provided in these establishments.
Regional Analysis
The global skin tightening
market, by region, is segmented into the Americas, Europe, Asia-Pacific, and
the Middle East & Africa. The skin tightening market in the Americas is
estimated to hold the largest market share. In 2016, according to ISAPS, the
total number of skin tightening procedure performed are 75,834. The European
skin tightening market has been sub-divided into Western Europe and Eastern Europe.
Germany is expected to hold the largest market share in the European region
followed by Italy.
The skin tightening market in
Asia-Pacific region is expected to be the fastest-growing market, due to
increasing research and development funding by the developing countries like
China and India for the development of the healthcare sector. The skin
tightening market in the Middle East & Africa region has less
economic developments and extremely low-income, therefore anticipated to have the
least market share but is expected to grow with better opportunities in the
coming years.
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