France Skincare Devices Market Growth, Demand, Trends, Key Players, Products, Application, Analysis and Forecast 2024

The high growth in the personal care industry, high prevalence of skin disorders, technological advancements, high awareness for the beauty care, declining use of chemical-based topical skincare products, increasing geriatric population, the high prevalence of skin disorders are the primary growth drivers for the France skincare devices market.

Based on the type, the skincare devices market is categorized into treatment devices and diagnostic devices. Treatment devices hold a larger share in the French skincare devices market. Skincare treatment devices market is categorized into laser-based devices, electrosurgical devices, light-based devices, liposuction devices, microdermabrasion, cryotherapy devices, and others.

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Based on application, the French skincare devices market is segmented into hair removal, skin rejuvenation, diseases diagnosis and treatment, cellulite reduction, skin tightening & body contouring, others. The highest growth in demand for skincare devices is predicted to be observed for skin tightening and body contouring application.

Of all the end users including dermatology clinics, spas and salons, hospitals, and others, spas and salons are expected to witness the fastest growth in demand for the skincare devices in France.

Some of the players operating in the French skincare devices industry are Lumenis Ltd., Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Galderma SA, Syneron Medical Ltd., Panasonic Corporation, Classys Inc. and Irisiome SAS.

Distribution Channel Insight and Forecast 2014-2024

• Direct
• Indirect

Application Insight and Forecast 2014-2024

• Hair Removal
• Skin Rejuvenation
• Diseases Diagnosis and Treatment
• Cellulite Reduction
• Skin Tightening & Body Contouring
• Others

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Europe Skincare Devices Market Analysis, Size, Share, Growth and Demand Forecast by 2024

The 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 are the primary growth drivers for the European skincare devices market.

The European skincare industry is witnessing significant growth as the new products with advanced technology are being approved by the regulatory bodies. Industry players are investing in the expansion of their product portfolio and focus on the premium product segment as the disposable income of the western European countries have increased significantly over the last decade.

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Based on application, the European skincare devices market is segmented into hair removal, skin rejuvenation, diseases diagnosis and treatment, cellulite reduction, skin tightening & body contouring, others. The highest growth in demand for skincare devices is predicted to be observed for skin tightening and body contouring application due to the increasing geriatric population.

Of all the end users including dermatology clinics, spas and salons, hospitals, and others, spas and salons are expected to witness the fastest growth in demand for the skincare devices in Europe.

Germany is the largest skincare devices market in Europe. The increasing geriatric population, large consumer base, high per capita income and robust economy of the country lead to the largest share of the country in the region. As per the World Bank, 16.47% population of Germany in 2000 and it increased to 21.45% by 2017.

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Some of the players operating in the European skincare devices industry are Lumenis Ltd., Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Galderma SA, Syneron Medical Ltd., Panasonic Corporation, Classys Inc. and Irisiome SAS.

Source: VynZ Research

Skincare Devices Market, Industry Insights by Type, Distribution Channel, Application and End-User, Analysis and Forecast 2024

For the diagnosis and treatment of skin related issue skincare devices are used. Global skincare devices market was valued at USD 8.2 billion in 2017. Different types of diagnostic and treatment devices contributed to the skincare devices market size. The market has witnessed a high demand for diagnostic devices for skin diseases over the last few years due to the increasing awareness regarding the diagnosis of skin disorders.

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Skincare devices have classified into diagnostic devices and treatment devices. Treatment devices being used more in comparison to the diagnostic devices and also generated larger revenue for market players. Diagnostic devices market is further segmented into three types biopsy devices, dermatoscopes, and image-guided systems. All these diagnostic devices image-guided systems market witnessed the highest growth globally, which is due to the technological advancements and miniaturization of these devices. Advancement in technology has made image-guided systems easy to use and led to an efficient diagnosis of skin diseases.

Skincare treatment devices market is classified into electrosurgical devices, laser devices, liposuction devices, light-based devices, cryotherapy devices, microdermabrasion devices, and other treatment devices. All these devices laser devices market is growing at the highest CAGR and expected to maintain the highest demand in skin care devices market during the forecast period.

Industry Ecosystem

Globally companies are leveraging market growth through the usage of e-commerce. Consumers friendly e-commerce or through online channels of distribution can easily access these devices. Self-use skincare devices and hand-held devices have seen the maximum growth in demand through an e-commerce platform. In the coming years also, industry players are anticipated to investing the direct marketing and sales of their products.

Geographic Overview

Globally, North America is the largest skincare devices market as the region is home to per capita was $7,949.9 in 2010 and it increased to $9,535.9 by 2015.large number of industry players and also has the highest healthcare expenditure globally. Moreover, the high disposable income of in the region leads to high out of pocket expenditure by consumers in North America especially in the U.S. According to the “World Bank”, the GNI per capita in the U.S. was $48,880 in 2010 and increased to $58,700 in 2016. Also, as per the data reported by the same organization, the U.S. health expenditure.

Key player

In the skincare devices industry key companies are  Michelson Diagnostic Ltd., Merz Pharma GmbH & Co. KGaA, Alma ., Lasers Ltd., Lumenis Ltd., Hologic Inc., PhotoMedex Inc., Valeant Pharmaceuticals International Inc., Galderma SA, Beijing Toplaser Technology Co Ltd., And Panasonic Corporation are the key players offering skincare products in the market.

Source: VynZ Research

Skincare Devices Market: Global Industry Analysis and Opportunity Assessment 2018-2024

Industry Overview

Skincare devices are used for the diagnosis and treatment of skin ailments. Global skincare devices market was valued at USD 8.2 billion in 2017. Different types of diagnostic and treatment devices contributed to the skincare devices market size. The market has witnessed high demand for diagnostic devices for skin diseases over the last few years due to the increasing awareness regarding the diagnosis of skin ailments.

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Market Segmentation

1)    Insight by Type

This segment is divided into innumerable subdivision. However, following are the major dominant ones:

·                     Diagnostic Devices

o   Biopsy devices

o   Dermatoscopes

o   Image-guided systems

·                     Treatment Devices

o   Electrosurgical devices

o   Light-based devices

o   Laser-based devices

o   Cryotherapy devices

o   Microdermabrasion

o   Others

Of all these diagnostic devices image-guided systems market witnessed the highest growth worldwide, which is due to the technological advancements and miniaturization of these devices. Of all these devices laser devices market is growing at the highest CAGR and expected to maintain the highest demand in skin care devices market during the forecast period.

2)     Insight by Distribution Channel

Following are the two distribution channels for skin care devices in the report:

·                     Direct Channels

·                     Indirect Channels

Skincare devices are more sold through indirect channels as compared to direct channels, however, with the increasing internet penetration market players are leveraging the benefits of direct channels also.

3)     Insight by Application

Different applications of skin care devices are:

·                     Disease Diagnosis and Treatment

·                     Hair Removal

·                     Skin Rejuvenation

·                     Cellulite Reduction

·                     Body Contouring and Skin Tightening

·                     Others

Aging population and increasing awareness among the people to look young has led to the highest growth in body contouring and skin tightening devices market at 10.5% CAGR during 2014-2017.

4)     Insight by End User

Different end users of skin care devices are:

·                     Dermatology Clinics

·                     Hospitals

·                     Spas and Calons

·                     Others

Skincare devices were mostly sold to dermatology clinics and hospitals, however, their demand in salons and spas is increasing rapidly due to miniaturization of these devices and reducing costs.

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Industry Dynamics

1)    Growth Drivers

Factors that have been acting as the driving factors for the growth of this industry are:

i.                     Increasing cases of skin ailments

ii.                   Advancements in technology

iii.                 Increasing healthcare expenditure

iv.                 Growth in disposable income

v.                   Increasing usage of home use devices

2)    Challenges

The major challenges faced by the key players in this industry are:

i.                     High cost of equipment

ii.                   Side effects associated with these devices

 3)    Industry Ecosystem

Globally industry players are leveraging market growth through usage of e-commerce. Consumers can easily access these devices through online channels of distribution. Home-use skincare devices and hand-held devices have seen the maximum growth in demand through e-commerce. In the coming years also, industry players are anticipated to investing the direct marketing and sales of their products.

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Geographic Overview

• Asia Pacific — Japan, China, India, Australia, South Korea, and Rest of Asia-Pacific
• North America — US, Canada, and Mexico
• Europe — UK, Germany, France, Italy, Spain, and Rest of Europe
• Rest of the World – Brazil, South Africa, Saudi Arabia, U.A.E., and Others

Geographically, North America is the largest skincare devices market as the region is home to large number of industry players and also has the highest healthcare expenditure globally. Moreover, high disposable income in the region lead to high out of pocket expenditure by consumers in North America especially in the U.S. According to the World Bank, the GNI per capita in the U.S. was $48,880 in 2010 and increased to $58,700 in 2016.

Competitive Insight

The Key players in Global Skincare Devices market are: Michelson Diagnostic Ltd., Merz Pharma GmbH & Co. KGaA,  Lumenis Ltd., Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Valeant Pharmaceuticals International Inc., Galderma SA, Beijing Toplaser Technology Co Ltd. And Panasonic Corporation.

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