According to the business intelligence report titled ‘Global Skin Tightening Market Size study, by Product Type (Ultrasound Skin Tightening, Radio Frequency Skin Tightening, Laser Skin Tightening), by Portability (Portable and Standalone), by End-use (Dermatology Centers, Hospitals, Homecare Settings) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global skin tightening market is projected to expand substantially between 2021-2027.
 

Growing geriatric population coupled with increasing healthcare expenditure are the key factors stimulating global skin tightening market expansion. As per the World Bank, the population above 65 years of age has increased from 8.646% in 2017 to 9.318% in 2020.
 

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For the unversed, skin tightening includes various techniques such as laser, invasive, non-invasive, radio frequency, and others. It has gained huge popularity among consumers for maintaining & improving skin aesthetics.
 

Growing influence of social media trends and advancements in medical technology will aid revenue inflow as well. While increasing cognizance regarding physical appearance and rising personal incomes will also facilitate the overall industry growth, high cost of skin therapies will act as a challenge for businesses operating in this domain.
 

Based on product gamut, worldwide skin tightening industry is split into radio frequency skin tightening, ultrasound skin tightening, and laser skin tightening. Speaking of portability, the business sphere is divided into standalone, and portable. Moving on to end user spectrum, the market space is arrayed into hospitals, dermatology centers, and homecare settings.
 

From regional frame of reference, North America captured majority of worldwide skin tightening market share in the recent past due to rising elderly populace and advancements in technology. Meanwhile, Asia Pacific market is slated to witness significant growth between 2021-2027, owing to expanding personal care sector, increasing awareness regarding personal aesthetics, and rising obesity cases.
 

Leading players shaping global skin tightening industry dynamics are Beijing Honkon Technologies Co. Ltd., Project E Beauty, SharpLight Technologies Ltd., Allergan plc (Abbvie), Cutera Inc., Solta Medical (BAUSCH HEALTH COMPANIES), Cynosure LLC (Hologic Inc.), Venus Concept, Alma Lasers Ltd. (Sisram Medical Ltd.), and Lynton Lasers Ltd.