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U.S. Beauty Devices Market

U.S. Beauty Devices Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Type (Hair Removal Devices, Cleansing Devices, Acne Devices, Light/LED Therapy and Photorejuvenation Devices, Oxygen and Steaming Devices, Hair Growth Devices, Skin Dermal Rollers, Cellulite Reduction Devices and Others) and by Application (Salon, Spa, at Home and Others)

Published: January 2016
Report Code: LS10598
Available Format:
Pages: 66

The U.S. beauty devices market accounted for $9,214.0 million during 2014, and it is expected to grow at a CAGR of 19.0% during 2015-2020. Among the various types, the hair removal devices segment dominated the U.S. market in 2014; whereas, among the  various applications, the salon segment  accounted for the highest share of  the market during the same year. The Beauty devices market is growing with high growth rate in the U.S., due to the increased awareness about potential applications of beauty devices in the country, growing geriatric population, and increased spending on personal care attributed to increase in disposable income. Also, the increase in prevalence of skin diseases as a result of harmful UV radiations also necessitates the usage of beauty devices, thus boosting the growth of the market.

 

US BEAUTY DEVICES MARKET SIZE BY TYPE OF DEVICE $M (2011-2020)

U.S. Beauty Devices Market

The growing geriatric population in the U.S. is propelling the growth of the beauty devices market in the country. With aging, skin loses its elasticity as a result of less collagen build up. In addition, aging also leads to loss of fibrous tissue and reduction in glandular and vascular network within the skin layers. This leads to sagging of skin, dryness, wrinkles, and also pigmentary alterations. The usage of anti-aging products beauty devices promotes flow of blood in the skin cells, allowing building up of collagen and promotes the growth of new skin cells. These devices helps in reducing aging and signs of aging, such as fine lines and wrinkles, tightens and revitalizes the skin to have a younger looking skin.

The prevalence of Skin diseases, such as acne, psoriasis, and atopic dermatitis is increasing in the U.S., due to pollution and exposure to harmful UV radiation. Acne is the most common dermatological condition that is caused by clogging of hair follicles by sebum, dirt, and dead skin cells. Acne affects majority of the world’s population and leads to scaring. According to the American Academy of Dermatology, approximately 85% Americans suffer from acne at some phase in their lives. In order to treat skin diseases and overcome the harmful effects of ultraviolet radiation, beauty devices are used, which is fuelling the growth of the U.S. Beauty devices market.

The restraints associated with the U.S. beauty devices market include the side effects associated with the usage of photo-rejuvenation devices, including discomfort, excessive swelling, fragile skin, bruising, and blistering. These side effects postpone the further treatment of the affected area, until complete healing takes place. Also, the intense pulsed light can lead to side effects, such as superficial burns, scarring, edema, and postoperative erythema. Furthermore, the availability of easy-to-use and comparatively cheaper beauty products is hampering the growth of the beauty devices market in the U.S.

The key companies operating in the U.S. beauty devices market include L'Oréal Group, Procter & Gamble Company, Nu Skin Enterprises Inc., Panasonic Corporation, Home Skinovations Ltd., PhotoMedex Inc., Carol Cole Company, Syneron Medical Ltd., TRIA Beauty Inc., and Koninklijke Philips N.V.

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