The global face treatment market size was USD 1,007.1 Million in 2021 and is expected to register a revenue CAGR of 7.44% during the forecast period, according to the latest analysis by Emergen Research. Growing advancements in face treatment technologies and increasing demand for face treatments among women to look youthful and more presentable are major factors driving market revenue growth between 2021 and 2030. In addition, rising innovation and launch of new and advanced skin treatment products are also expected to drive revenue growth of the market in the coming years. For example, on 07 January 2022, Obagi, a scientifically based skin care company launched Skintrinsiq, its first foray into the market for skin care devices. This device uses InfuseIQ Technology to eliminate impurities from skin and increase uptake of Obagi products through customized skin care procedures.
The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study. The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
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Top competitors of the Face Treatment Market profiled in the report include:
Lutronic, Bausch Health Companies Inc., Strata Skin Sciences, Cutera, Lumenis Be Ltd., Sciton, Cynosure, Venus Concept, Neoasia, and Fotona.
Some Key Highlights From the Report
- The Platelet-Rich Plasma (PRP) therapy segment is expected to register a steady growth rate during the forecast period. It is used to treat torn tendons and is now widely employed to treat skin injuries as well. PRP was initially used by doctors to hasten healing process following jaw or plastic surgery. Due to lengthy recovery durations associated with treatments on these tissues, post-surgical PRP injections have now been expanded to assist in healing of muscles, tendons, and ligaments.
- The North America market accounted for largest revenue share in 2021 due to rising demand for face treatments among women. Rapid growth rate of the North American market is attributed to high purchasing power of working professionals and expansion of company operations by well-known organizations.
- On 10 January 2022, Theravant Corporation’s announced that its TheraClear System assets will be acquired by STRATA Skin Sciences, which is a medical technology company committed to creating, commercializing, and distributing cutting-edge technologies for treatment of dermatologic disorders. Theravant creates and sells a cutting-edge, FDA-approved system for in-office treatment of numerous prevalent types of acne.
- The laser-based devices segment is expected to register a rapid revenue CAGR during the forecast period. To treat a variety of skin conditions, lasers have been hailed as a miraculous cosmetic enhancement technique because their beam softly vaporizes skin tissues. Laser devices are used to treat a variety of skin conditions such as pigmentation, wrinkles, fine lines, age spots, freckles, unwanted tattoos, acne scars, birthmarks, blemishes, seal blood vessels, spider veins, droopy, dry, sagging eyelid skin and dark circles, improve crow’s feet around eyes, pucker marks, frown lines, brown spots, uneven skin color, uneven skin tone and texture, smokers’ line, skin tightening, unwanted hair, skin tissue incision, and vascular lesions, which is expected to drive revenue growth of this segment.
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Emergen Research has segmented the global face treatment market based on device, treatment, end-use, and region:
- Device Outlook (Revenue, USD Million; 2019–2030)
- LED Devices
- IPL Devices
- Ultrasound Devices
- Laser-based Devices
- RF Devices
- Others
- Treatment Outlook (Revenue, USD Million; 2019–2030)
- Platelet-Rich Plasma Therapy
- Radiofrequency (RF) Skin Tightening
- Microneedling
- Ultherapy
- Chemical peel
- Others
- End-use Outlook (Revenue, USD Million; 2019–2030)
- Beauty Clinics
- Dermatology Clinics
- Parlor & Salons
Regional Analysis of the Face Treatment Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Face Treatment market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Face Treatment business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Face Treatment market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Face Treatment market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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