Global Skincare Devices Market Assessment & Forecast: 2015 - 2019

Published: December, 2015

Global Skincare Devices Market

Assessment & Forecast:

2015-2019

Segments Assessed:

Technology – Aesthetic Lasers, Microdermabrasion, Cryotherapy,

Radiofrequency, Microcurrent & Ultrasound, LED/Infrared and

Electrosurgery

Applications – Skin Tightening, Cleansing & Exfoliating, Body Contouring,

Cellulite Reduction and Skin Disorder Treatment

Geographies Assessed: North America, Europe, Asia-Pacific, Latin

America, Middle-East and Africa.

Global Skincare Devices Market Assessment & Forecast, (2015-2019)

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About Us

Spearhead Acuity Business Research & Consulting (SA-BRC) Private Limited (OPC) is a premium Life

Science business intelligence and data analytics firm. The SA-BRC team offers a wide range of

business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service

Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all

other individuals in the entire value chain of healthcare industry. Our research and consulting

capabilities extend across several sub-domains within the sphere of Life Sciences such as

Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and

Pharmaceuticals.

Our skills and capabilities help in putting forth the most accurate perspective of the market. We track

all major and minor events that create ripples and affect the life-science market in different ways.

Our data modeling process includes the evaluation of impacting events and analyzing other

invaluable sources (public & proprietary) of information and finally reporting results that will

influence the decision making of the readers.

SA-BRC has helped start-ups and market leaders across the globe achieve their revenue goals

strategically in multiple stages such as adoption, pre-launch research, regional analysis, social media

analytics, competitive mapping, market entry and post marketing surveillance. We frequently build

panels of experts for gathering data and invite participants of the healthcare industry to share their

opinions and views on our reports. Our current network of industry experts span across all major

life-science domains and take pride in keeping ourselves abreast with the latest happenings within

the sphere of Life-Science.

Report:

GLOBAL NON-VASCULAR

STENTS MARKET

2013-2019


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Table of Content

Chapter 1 Preface 7

1.1 Research Scope 7

1.1.1 Market Segmentation 8

1.1.2 Postulations 9

1.2 Methodology of Research 10

1.2.1 Companies covered in this report 11

Chapter 2 Précis 12

2.1 Market Inferences 12

Chapter 3 Market Dynamics 14

3.1 Market Drivers 14

3.1.1 Word of mouth or viva voce a major factor in selection of cosmetic and skincare device and procedures 14

3.1.2 Large fragmented market and mature technology is ensuring availability to majority of populace 14

3.1.3 Skincare devices offer ease of use and are available to service providers as well as patients and consumers 15

3.1.4 Medical tourism and cosmetic procedures 15

3.2 Market Inhibitors 15

3.2.1 High cost of existing devices 15

3.2.2 Long duration before visible results compelling individuals to opt for substitutes 15

3.3 Opportunities 16

3.3.1 Innovation in skin rejuvenation technology 16

3.3.2 Growth in senior population to fuel skin care market 16

Chapter 4 Skincare Devices – Global Market Size Assessment, by

Technology, Forecast: 2015 - 2019 17

4.1 Introduction 17

4.2 Global Aesthetic Lasers Market, US$ Mn (2013 - 2019) 18

4.3 Global Microdermabrasion Skincare Devices Market, US$ Mn (2013 - 2019) 19

4.4 Global Cryotherapy Skincare Devices Market, US$ Mn (2013 - 2019) 21

4.5 Global Radiofrequency Skincare Devices Market, US$ Mn (2013 -

2019) 22

4.6 Global Microcurrent & Ultrasound Skincare Devices Market, US$ Mn (2013 - 2019) 23

4.7 Global LED/Infrared Skincare Devices Market, US$ Mn (2013 - 2019) 24

4.8 Global Electrosurgery Skincare Devices Market, US$ Mn (2013 - 2019) 25


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Applications, Forecast: 2015 - 2019 26

5.1 Introduction 26

5.2 Global Skin Tightening Market, US$ Mn (2013 - 2019) 27

5.3 Global Cleansing & Exfoliating Market, US$ Mn (2013 - 2019) 27

5.4 Global Body Contouring Market, US$ Mn (2013 - 2019) 28

5.5 Global Cellulite Reduction Market, US$ Mn (2013 - 2019) 29

5.6 Global Skin Disorder & Damage Treatment Market, US$ Mn (2013 -

2019) 30


Geography, Forecast: 2015 - 2019 32

6.1 Introduction 32

6.2 North America Skincare Devices Market, US$ Mn (2013 - 2019) 33

6.3 Europe Skincare Devices Market, US$ Mn (2013 - 2019) 34

6.4 Asia-Pacific Skincare Devices Market, US$ Mn (2013 - 2019) 35

6.5 Latin America Skincare Devices Market, US$ Mn (2013 - 2019) 36

6.6 Middle-East Skincare Devices Market, US$ Mn (2013 - 2019) 37

6.7 Africa Skincare Devices Market, US$ Mn (2013 - 2019) 38

Chapter 7 Key Players Analysis: Global Skincare Devices Market, 2014

(%) 40

7.1 Key Players Market Share: Global Skincare Devices Market, 2014 (%) 40

7.2 Global Skincare Devices Market: Recent Developments 2013-2015 41

7.2.1 Mergers and Acquisitions 41

7.2.2 Joint Ventures, Expansion and Collaborations 41

7.2.3 New Product Launches, Approvals and Recalls 42

Chapter 8 Epilogue 43


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List of Figures

FIG. 1 Market Segmentation: Global Skincare Devices Market 8

FIG. 2 Research Methodology: Global Skincare Devices Market Assessment 10

FIG. 3 Global Skincare Devices Market Share, by Region 2014 (% Share - US$ Million) 13

FIG. 4 Global Skincare Devices Market Share, by Technology 2014 – 2019 (% Share US$ Millions) 17

FIG. 5 Global Aesthetic Lasers Market, 2013 – 2019 (US$ Million) 19

FIG. 6 Global Microdermabrasion Skincare Devices Market, 2013 – 2019 (US$ Million) 20

FIG. 7 Global Cryotherapy Skincare Devices Market, 2013 – 2019 (US$ Million) 21

FIG. 8 Global Radiofrequency Skincare Devices Market, 2013 – 2019 (US$ Million) 22

FIG. 9 Global Microcurrent & Ultrasound Skincare Devices Market, 2013 – 2019 (US$ Million) 23

FIG. 10 Global LED/Infrared Skincare Devices Market, 2013 – 2019 (US$ Million) 24

FIG. 11 Global Electrosurgery Skincare Devices Market, 2013 – 2019 (US$ Million) 25

FIG. 12 Global Skincare Device Market Share, by Applications 2014 – 2019 (% Share US$ Millions) 26

FIG. 13 Global Skin Tightening Market, 2013 – 2019 (US$ Million) 27

FIG. 14 Global Cleansing & Exfoliating Market, 2013 – 2019 (US$ Million) 28

FIG. 15 Global Body Contouring Market, 2013 – 2019 (US$ Million) 29

FIG. 16 Global Cellulite Reduction Market, 2013 – 2019 (US$ Million) 30

FIG. 17 Global Skin Disorder & Damage Treatment Market, 2013 – 2019 (US$ Million) 31

FIG. 18 Key Players Market Share: Global Skincare Devices Market, 2014 (%) 40


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List of Tables

TABLE 1 List of companies covered in this report 11

TABLE 2 Global Skincare Devices Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 32

TABLE 3 North America Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 33

TABLE 4 Europe Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 35

TABLE 5 Asia-Pacific Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 36

TABLE 6 Latin America Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 37

TABLE 7 Middle-East Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 38

TABLE 8 Africa Skincare Devices Market, by Technology, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 39


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Chapter 1 Preface

1.1 Research Scope

Chapter Number Segment Description

Chapter 1:

Preface

Research Scope

The preface provides a brief overview of the contents of

the research report. The overview is further

supplemented by a graphical representation of the

market segments analyzed in the report. This is followed

by the postulations or assumptions considered for

analysis of different segments.

Research Methodology

Provides the methodology adopted by SA-BRC while

estimating the current and future market in terms of

value.

Chapter 2:

Précis Inferences & Summary

The chapter lists down key (quantitative and qualitative)

highlights and takeaways of the market as reported in

the study.

Chapter 3:

Market Dynamics

Drivers, Inhibitors &

Opportunities

Explains the foremost factors that are affecting the

growth (positively and negatively) of the Global Skincare

Devices Market.

Chapter 4: Global

Skincare Devices

Market, by Technology

Market Estimates for

Skincare Devices by

Different Technologies

Technologies: Aesthetic Lasers, Microdermabrasion,

Cryotherapy, Radiofrequency, Micorcurrent &

Ultrasound, LED/Infrared and Electrosurgery. Estimates

market value with 2013 & 2014 as historical years and

forecast of 2015-2019.

Chapter 5: Global

Skincare Devices

Market, by Applications

Market Estimates for

Skincare Device

Applications

Applications Covered: Skin Tightening, Cleansing &

Exfoliating, Body Contouring, Cellulite Reduction and

Skin Disorder & Damage Treatment. Estimates market

value with 2013 & 2014 as historical years and forecast

of 2015-2019.

Chapter 6: Global

Skincare Devices Market

Market, by Geography

Demographic Analysis for

all Skincare Devices

Provides estimates by value for 6 geographies of North

America, Europe, Asia-Pacific, Latin America, Middle-

East and Africa. Estimates with 2013 & 2014 as

historical years and forecast of 2015-2019.

Chapter 7:

Key Players Market

Analysis

Market Share, Recent

Developments &

Competitive Strategies

Market share by key players, recent developments for

the years 2013, 2014 & 2015 and major competitive

strategies adopted by companies in this area based on

events for past 3 years.


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Chapter 8:

Epilogue

Postscript Qualitative

Overview

Provides postscript content to the report and includes an

informal perspective on the market with the best

possible outcome by the end of forecast period.

1.1.1 Market Segmentation

FIG. 1 Market Segmentation: Global Skincare Devices Market

Source: SA-BRC Analysis

Global Skincare Devices Market Assessment & Forecast 2015 - 2019

Demographic Segmentation

North America

Europe

Asia-Pacific

Latin America

Middle-East

Africa

Technology

Microdermabrasion

Aesthetic Lasers

Cryotherapy

Radiofrequency

Applications

Skin Tightening

Cleansing & Exfoliating

Body Contouring

Cellulite Reduction

Microcurrent & Ultrasound

Skin Disorder & Damage Treatment

LED/Infrared

Electrosurgery


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1.1.2 Postulations

This section covers assumptions and postulations or hypotheses considered during the research of

the market. The assumptions considered for estimating the complete forecast of the Global Skincare

Devices Market have been detailed below:

The report estimates are provided assuming that no extreme economic event will occur that

can result in drastic outcomes.

All devices that include fat reduction as a secondary effect along with others such as body

contouring and dermal repair have been included within the market analysis. The

estimations do not include invasive devices used in removal of fatty tissue and obesity

control as they are do not fall in the same category as skincare.

Several categories are grouped in similar application areas. For e.g skin tightening also

encompasses wrinkle repair and anti-aging devices.

The markets for Ultrasound and Microcurrent devices have been considered in one category

of devices.

In many instances body contouring and laser procedures include hair removal as well. This

report includes all skincare procedures and assumes hair removal under skincare for the

purpose of removing ambiguity while estimating total market.


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1.2 Methodology of Research

FIG. 2 Research Methodology: Global Skincare Devices Market Assessment

Source: SA-BRC Analysis. **Websites mentioned in the above representation are few examples from our exhaustive list of references that

cannot be compiled in entirety

Spearhead-Acuity Team

Quantitative

Research

Qualitative

Research

Primary Research Secondary/Desk Research

Online-web (CATI/CAWI/CAPI)

Telephonic and video conference

Interviewee Location: Multiple

respondents from each of 6 geographies

Interviewee Field Exp.: All Interviewees

were c-level, d-level, VP level and senior

management

Target Information: validation of

secondary findings; cross-verification of

other primary interviews

Organization – Hospital Purchase Dept,

Pharmacies and GPO’s across 6 regions

Proprietary third party databases

In-house data repository

Company sites

Annual Reports/ SEC Filings

Investor presentations

Equity & Stock

(Seeking Alpha, Zacks, Motley Fool,

Forbes, WSJ etc.)

Primary Research Secondary/Desk Research

Online forums/blogs

Online communities/Patient Advocacy

Groups

Online chat with KOLs/experts

Focused Group Discussions

Target Information: Insights on market

trends, market impact factors, marketing

and awareness programs etc.

Fierce Medical Device

MDDI Online

Medgadget

Skininc

ModernAesthetics

GCI Magazine

Exchange Journal

Aesthetic Medical Practitioner

Journal of American Academy of

Dermatology

Journal of dermatological treatment

Data triangulation was done for the information (quantitative/qualitative) collected through

primary and secondary sources. Analysis also included evaluation of all major macro and

microeconomic factors.

Post data triangulation process, the summary of our study was shared with KOLs and industry

experts to suggest further insights to our analysis as well as validate the overall Skincare Devices

Market.

Key Findings

Market Forecast

Insight Generation


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1.2.1 Companies covered in this report

TABLE 1 List of companies covered in this report

S. No Company Name S. No Company Name

1 Cynosure 9 Ulthera (Merz Pharmaceuticals)

2 Lumenis 10 Willa Krause

3 Syneron-Candela 11 Jellen Skincare Products

4 Solta (Valeant Pharmaceuticals) 12 GBS Aesthetic

5 Alma Lasers (Fosun Pharmaceuticals) 13 Viora

6 Zeltiq CoolSculpting 14 PhotoMedex

7 Novoxel 15 Iskra Medical

8 SharpLight

Source: Proprietary data sources, KOL opinions, Primary Interviews, SA-BRC Analysis


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Chapter 2 Précis

2.1 Market Inferences

Key Highlights and Insights to the Global Skincare Devices Market:

The global skincare market was valued at US$ 5,819.5 million in 2014 and expected to grow

to US$ 9,880.1 million by 2019 at a CAGR of 11.1% from 2015 to 2019.

The largest portion of market is accounted by lasers with a share of xx% in 2014. The

aesthetic lasers market has seen considerable consolidation and continues to attract

investment from across the world. This translated into revenues of US$ xx million in 2014.

Cryo based skincare technologies are anticipated to grow the fastest between 2015 and

2019 at a CAGR of xx%. In 2014, the market was valued at US$ xx million.

Anti-aging procedures such as Skin Tightening, Cleansing & Exfoliation and Body Contouring

accounted for the largest applications by share with xx%, xx% and xx% respectively. The

anti-aging market is a prominent factor for growth and demand of skincare devices globally.

Thriving entertainment industry, innovative non-invasive technologies such as CoolSculpting

endorsed by celebrities are other major factors for adoption.

North America controls the greatest share of the market due to large disposable income

among most economic classes for moderate cosmetic and skincare procedures. In 2014, the

region accounted for a share of xx% of the global skincare devices market.

The fastest growing regions were Middle-East and Asia-Pacific. Israel is considered one of

the largest sources of innovation and competition in this sector of medical devices. The

region has contributed to this market by housing global leading players such as Lumenis,

Alma Lasers, Syneron Candela and Novoxel among others. Major foreign entities such as

Fosun Pharma are actively pursuing further acquisitions from the region as well making

Asia-Pacific a major player in recent years. CAGR between 2015- 2019 for Middle-East and

Asia-Pacific is estimated to be xx% and xx% respectively.

The skincare devices market is highly commoditized and thus is very fragmented. An added

factor responsible for fragmentation is the unregulated nature of the industry. Notable

players identified in this market are Cynosure with a share of xx%, Solta-xx%, Lumenis-

xx%, Syneron Candela-xx% and Alma Lasers-xx%. Most players are noted to operate in

multiple segments such as RF skincare devices, aesthetic lasers and ultrasound skincare

devices.


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Disclaimer:

Spearhead Acuity Business Research & Consulting Private Limited (OPC) is an informative Market

Research Company with the sole intention of sharing market related insights. The information

provided in our research reports or on sa-brc.com though collected through authentic sources,

analyzed and cross validated through Key Opinion Leaders (KOLs) in the industry; neither the

company nor authors provide any kind of warranty about the content – both qualitative and

quantitative.

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Global Skincare Devices Market Assessment & Forecast: 2015 - 2019

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