Europe Skincare Treatment Devices Market, Size, Segment and Growth by Forecast to 2030

The Europe Skincare Treatment Devices Market in Europe is poised for significant growth, with projections indicating an increase from US 3,054.50 million in 2021 to US 3,054.50 million in 2021 to US 6,426.44 million by 2028, reflecting a compound annual growth rate (CAGR) of 11.2% during the forecast period. This growth is driven by several key factors:

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Rising Prevalence of Skin Disorders: The increasing incidence of skin conditions such as acne, eczema, and psoriasis is fueling demand for effective skincare treatment devices.
Flourishing Beauty Industry: The beauty and personal care industry in Europe is expanding rapidly, with consumers increasingly seeking advanced skincare solutions.
Demand for Aesthetic Treatments: There is a growing preference for aesthetic treatments that enhance appearance, including anti-aging solutions and skin rejuvenation.
Minimally and Noninvasive Treatments: Consumers are increasingly opting for minimally invasive or noninvasive beauty treatments, which are perceived as safer and requiring less downtime compared to surgical options.
Research and Development: Increased R&D activities are leading to the development of innovative skincare devices. Companies are investing in new technologies to create more effective and user-friendly products.
Strategic Collaborations: Partnerships and collaborations among market players are fostering product development and launches, further propelling market growth.

Recent Product Launches:

Lumenis Be, Ltd.: In March 2022, Lumenis launched triLift, a facial stimulation device designed to address three aging parameters—structure, contour, and texture—by targeting the muscle, dermal, and epidermal layers. This device was unveiled at the 2022 AAD Annual Meeting.
Obagi: In January 2022, Obagi introduced Skintrinsiq, its first foray into the skincare devices market. Skintrinsiq uses InfuseIQ Technology to gently lift the upper layers of the skin, facilitating the removal of impurities and enhancing the penetration of Obagi skincare products.

Market Dynamics:

New Features and Technologies: Vendors are incorporating advanced features and technologies into their devices to attract new customers and differentiate their products in a competitive market.
Expansion into Emerging Markets: Companies are also focusing on expanding their presence in emerging markets within Europe, which is expected to contribute to market growth.

Conclusion:

The combination of rising consumer demand, technological advancements, and strategic industry activities is driving the growth of the skincare treatment devices market in Europe. With continuous innovation and expanding market reach, the sector is expected to maintain a robust growth trajectory through 2028.

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Author’s Bio:
Akshay
Senior Market Research Expert at Business Market Insights