One of the primary market factors influencing the skin-tightening industry is the developing aging populace worldwide. As individuals age, their pores and skin certainly lose elasticity, leading to sagging and wrinkles. This demographic trend fuels the demand for non-invasive and minimally invasive Skin tightening techniques, driving a market boom. Rapid improvements in generation have revolutionized the field of skin tightening. The improvement of progressive devices and strategies, which include radiofrequency and ultrasound-based total treatments, has notably improved the range of to-be-had options for clients. This influx of present-day technologies attracts people looking for effective and more secure alternatives to traditional surgical methods. The international upward thrust in splendor focus and the pursuit of a younger look contribute to the increasing reputation of skin-tightening remedies.
Non-invasive and minimally invasive tactics have won substantial popularity because of their decreased threat, reduced restoration time, and minimum pain as compared to surgical options. Skin tightening remedies that make use of technologies like laser therapy or ultrasound have grown to be desired choices for those searching out powerful outcomes without the desire for huge healing periods. As economies develop and disposable earnings increase, extra people can have the funds for optional cosmetic techniques. Skin tightening, as soon as taken into consideration as a luxury, has come to be more reachable to a broader phase of the population. This economic empowerment performs a crucial role in using market enlargement. The phenomenon of clinical tourism has impacted the skin tightening market, with people visiting extraordinary countries to undergo cosmetic methods at a decreased fee. This globalization of healthcare broadens the market attain, providing possibilities for clinics and practitioners to draw various clients searching for fine skin tightening remedies.
Increasing awareness of preventive skin care measures has led to a shift in consumer attitudes. Rather than waiting for visible signs of getting old to appear, individuals are proactively looking for skin tightening treatments as preventive measures. This proactive approach fosters sustained increase within the market. The regulatory surroundings and safety worries additionally play a pivotal position in shaping the skin-tightening market. Stricter rules ensure the safety and efficacy of tactics, constructing agreement among consumers. On the turn facet, any safety-associated troubles or controversies could have destructive results on market dynamics.
Report Attribute/Metric | Details |
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Growth Rate | 18.2% (2023-2032) |
Skin Tightening Market Size was valued at USD 0.95 billion in 2022 and is projected to grow from USD 1.13 Billion in 2023 to USD 3.3 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.2% during the forecast period (2023 - 2032). Increasing healthcare expenditure in developed countries, rising awareness about physical appearance, an aging population, and an upsurge in cosmetic procedures are the key drivers boosting the Skin Tightening Market share.Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
Skin tightening procedures are becoming more popular, particularly non-invasive procedures that help improve skin laxity. People choose these procedures to enhance their appearance. Skin tightening treatments include minimally invasive cosmetic procedures that alter a person's external appearance, such as facelifts and wrinkle reduction. Minimal invasiveness reduces the complications associated with the processes, allowing for a faster recovery. Nonsurgical skin tightening treatments can be provided in the form of in-office procedures or at-home devices. Besides, dermatologists recommend non-surgical skin tightening treatments over invasive procedures. In addition, these procedures are less expensive than invasion surgeries, contributing to their widespread use. This is expected to contribute to expanding the Skin Tightening Market revenue.
Moreover, current minimally invasive procedures offer superior results and are more efficient than traditional surgical procedures. In 2020, 13.2 million minimally invasive cosmetic procedures were carried out, as the Plastic Surgery Statistics Report reported. Furthermore, introducing various insurance schemes for cosmetic and aesthetic treatments has contributed to an increase in awareness and acceptance of these procedures, thereby driving market CAGR growth.
The Skin Tightening Market segmentation, based on type, includes radio frequency skin tightening, laser skin tightening, and ultrasound skin tightening. The laser skin tightening segment held the majority share in 2022, contributing around ~43-46% to the Skin Tightening Market revenue. Skin tightening with laser beams is a cosmetic procedure involving removing the skin's outer layer using concentrated light rays. The process, typically performed by a dermatologist, although it is also done in beauty clinics, is an effective and safe way to remove loose, sagging, or excess skin from the face, neck, arms, and legs. Moreover, the ease of use provided by these laser skin tightening devices makes them suitable for wide use by healthcare professionals worldwide, which is expected to drive the segment's growth in the forecasted period.
Based on portability, the Skin Tightening Market segmentation includes portable and stand-alone. The portable segment dominated the market in 2022 and is anticipated to be the faster-growing segment in the forecast period 2022-2030. Portable laser skin tightening devices are less expensive than other skin tightening systems, helping to make them a more cost-effective alternative for many customers. Portable skin tightening devices are typically simple to deploy and do not require specialized training, making them a popular choice among consumers and driving the segment growth. Consumers can use portable laser skin-tightening equipment in the comfort of their own homes, making the process more convenient and available. Portable skin tightening devices are typically less potent than other skin tightening systems, lowering the risk of procedure-related side effects and playing an essential role in segmental growth. The development of portable skin tightening devices for improved mobility and successful skin care at home is a growing area of industry focus, which will further positively affect the market growth.
The Skin Tightening Market data has been bifurcated by end users into hospitals & clinics, and specialty centers. The hospitals & clinics segment led the global market in 2022 and is projected to be the faster-growing segment during the forecast period 2022-2030. This expansion can be attributed to an increase in the number of inpatient treatments and surgeries performed in hospitals and innovative therapies introduced, particularly in developed countries, fueling the growth of this market segment. Increasing healthcare spending and expanding infrastructure projects to establish technologically advanced facilities will further drive segment expansion. Moreover, rising skin condition incidences and an aging population will increase the demand for anti-aging treatments and skin tightening procedures. Hospitals provide affordable and extensive cosmetology and dermatology treatment options, allowing patients to receive end-to-end service in one location. For example, numerous hospitals in India and China have dermatology departments that provide a full range of skin health diagnostics and skin tightening treatments.
Figure 2: Skin Tightening Market, by End-User, 2022 & 2032 (USD Billion)Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
Based on the application, the global skin tightening industry has been segmented into reducing wrinkles, face lifting, and anti-aging. Anti-aging held the most significant segment share in 2022. The global population is aging, and people are becoming increasingly concerned about looking young. As a result, there is an increasing demand for non-invasive and minimally invasive beauty treatments to reverse the signs of aging. Consumers are better informed about cosmetic procedures and their benefits as social media influence grows and information becomes more widely available online. The skin tightening procedure also has fewer risks, is less expensive, and takes less time to recover than other procedures. This has facilitated the increasing popularity of skin tightening as a non-invasive anti-aging treatment that promotes segmental growth.
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Skin Tightening market accounted for USD 0.43 billion in 2022 and is anticipated to exhibit a significant CAGR growth over the study period. Due to their high safety and effectiveness, non-invasive aesthetic procedures such as laser skin tightening are becoming more popular in North America. As reported by the Aesthetic Society, in 2021, approximately 391,855 people in the United States had skin tightening procedures. Skin aesthetics awareness is growing in North America, increasing the requirement for laser skin tightening treatment methods. As the skin tends to lose its elastic properties and firmness with age, the increasing geriatric population in North America is driving demand for laser skin tightening procedures. The easy accessibility and growing acceptance of advanced treatment options, like laser therapy and other non-surgical processes, to improve aesthetic appeal are additional factors anticipated to propel regional market growth.
Further, the major countries studied in the market report are the U.S., Germany, Canada, the UK, Italy, Spain, France, Japan, India, Australia, China, South Korea, and Brazil.
Figure 3: SKIN TIGHTENING MARKET SHARE BY REGION 2022 (%)Source: Primary Research, Secondary Research, MRFR Database, and Analyst Review
European skin tightening market accounts for the second-largest market share. Europe is one of the most developed regions in the world, boasting cutting-edge technologies and a solid infrastructure that contribute to better healthcare facilities and patient care. This can be attributed to a well-recognized aesthetics healthcare system, the rise in skin health consciousness, and the involvement of critical businesses. Besides, a less rigorous medical device authorization is expected to enhance regional growth further. For instance, in September 2018, Allergan and Bonti agreed to be acquired to increase the research and development pipeline with rapid-acting, short-duration botulinum neurotoxin serotype E toxin programs and to expand the customer base by offering on-demand treatment in the European skin tightening market. Further, the German skin tightening market held the largest market share, and the UK skin tightening market was the fastest-growing market in the European region.
The Asia-Pacific Skin Tightening Market will likely grow at the fastest CAGR from 2023 to 2032, owing to increased healthcare infrastructure improvements and rising population acceptance of aesthetic procedures. Besides, the region's lower cost of cosmetic procedures attracts worldwide customers. With significant advancements in aesthetic treatments, the Asia Pacific region is expected to emerge as a potential hub for skin tightening. Experts in cosmetology and skin science are increasingly focusing on overcoming the side effects of skin tightening, while regional players are focusing on lowering procedural costs. Rising disposable income and a growing preference for facial appearance among teenagers and the aging population will drive up demand for skin-tightening services and devices in the region. Moreover, China’s skin tightening market held the largest market share, and the Indian skin tightening market was the fastest-growing market in the Asia-Pacific region.
Skin Tightening Key Market Players & Competitive Insights
Major market players are heavily investing in R&D projects to provide personalized treatment to patients of various ages and skin types. The growth of the skin tightening industry is directly related to the advancements in non-invasive procedures that provide high-quality and cost-effective services. Companies are often involved in significant market development initiatives such as new alliances, mergers & acquisitions, new product introductions, and collaborative partnerships to increase market share and positive reputation.
Global skin tightening industry competitors must provide affordable products to grow and survive in a market that is becoming more and more competitive. The skin tightening market’s major players, including Allergan, Alma Lasers, Lynton Lasers, InMode, and others, are working to increase consumer demand by funding skincare research and development initiatives. In recent years, the skin tightening industry has developed advanced aesthetic treatments that offer some of the most significant advantages to capture a large global market share.
Cynosure creates, manufactures, and sells aesthetic treatment systems that enable dermatologists, plastic surgeons, and other medical professionals to conduct non-invasive and minimally invasive processes to remove hair, cure vascular & benign pigmented lesions, remove multicolored tattoos, rejuvenate the skin, remove fat through laser lipolysis, reduce cellulite, cure toe fungus-infected nails, ablate sweat glands, and enhance women's health. Cynosure announced the FDA clearance of the Potenz Radiofrequency (RF) micro-needling device in February 2020, the first and only FDA-certified four-mode RF micro-needling device that provides clinicians with unrivaled versatility and personalized patient treatment for the skin tightening industry.
Also, AVAVA Inc, a Blossom Innovation and technology company, was recognized for its FDA-cleared Focal Point Technology skin rejuvenation laser. AVAVA received FDA 510(k) clearance in December 2022 for the MIRIA Skin Treatment System for the pre-rejuvenation and rejuvenation of aging skin. This is the first regulatory approval for a high-intensity focused intradermal laser that delivers energy with pinpoint accuracy at any depth in the skin, making it ideal for patients with darker skin tones. Focal Point Technology, which targets the skin-tightening market, powers the laser.
Key Companies in the skin tightening market include
Skin Tightening Industry Developments
June 2022: Cynosure introduced the PicoSure Pro, the company's latest PicoSure platform upgrade. PicoSure Pro, the first and the only 755 nm picosecond laser approved by the FDA, provides energy in a trillionth of a second, utilizing pressure instead of heat to treat unwanted discoloration and rejuvenate skin on all types of skin.
March 2018: NuFace introduced NuBODY, the first FDA-approved microcurrent skin toning device, for smoothing dimpled and irregular skin.
March 2018: Silk'n has released Titan, an FDA-approved skin tightening device that uses synchronized energy technology to minimize wrinkles and lift facial structure.
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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