IT Industry Today
Beauty Devices Market to Exhibit Significant Incremental Dollar Opportunity During the Forecast Period
The U.S. beauty devices market is witnessing significant growth due to rising in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing the prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness. Furthermore, the wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market. The U.S. beauty devices market is anticipated to grow from USD 9,034.2 million in 2014 to USD 25,375.7 million by 2020 at a CAGR of 18.8% during the forecast period.
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In North America, increasing aging population and availability of advanced devices are driving the growth in demand for beauty devices in the market. In addition, in the U.S., there are around 750,000 beauty salons and spas. These beauty salons and spas have propelled the demand for beauty devices and personal care products in order to offer better services to their customers.
- L’Oréal Group.
- Nu Skin Enterprises, Inc.
- Home Skinovations Ltd.
- PhotoMedex, Inc.
- TRIA Beauty, Inc.
- Koninklijke Philips N.V.
- Syneron Medical, Ltd.
- Cynosure, Inc.
- Procter & Gamble Company.
- Other.
The U.S. beauty devices market, by usage area
- Salon
- Spa
- At-home
- Others
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The U.S. beauty devices market, by device type
- Hair removal devices
- Cleansing devices
- Acne devices
- Rejuvenation devices
- Intense pulsed light device
- Oxygen and steamer devices
- Hair growth devices
- Derma rollers
- Cellulite reduction devices
- Others
Beauty devices market, by geography
- North America
- The U.S.
- Canada
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