July 05, 2021
According to the recent research report titled ‘North America Skin Tightening Market Size By Portability, By Product Type, By End-use, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027’, available with Market Study Report, North America skin tightening market is expected to amass USD 420 million over 2021-2027.
Increasing awareness about appearance and willingness to look younger among individuals, inclination towards non-invasive surgical procedures, surging elderly population, and rising healthcare expenditure are fueling North America skin tightening market growth.
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Also, popularity of the latest skincare trend has also contributed to the growing usage of such products in the region. Celebrities are recommending a wide range of products, encouraging customers on social media to make impulsive purchases, further augmenting the industry share.
Speaking of restraints, hefty cost of devices and side effects related to skin tightening treatments are limiting the industry expansion.
Based on product type, North America skin tightening market share from ultrasound segment is slated to grow substantially over 2021-2027, attributable to safety and convenience offered by these devices. Increasing number of people are opting these devices due to their resistance to go under the knife or ineligibility for undergoing invasive cosmetic procedures.
Coming to portability, portable segment is predicted to generate robust revenues in the coming years, creditable to the convenience these devices offer to the customers. They can be used without any help or training from dermatologists and also aid in the production of collagen in the skin, averting wrinkles, sagging skin, and fine lines.
Based on end user scope, dermatology centers segment is expected to witness considerable growth through 2027, owing to increasing willingness to look young, especially among the aging population. High discretionary incomes enable the consumers to visit clinics and opt for cosmetic surgeries.
Geographically, U.S. skin tightening industry is projected to record significant growth over the analysis period, due to advanced healthcare infrastructure and continuous integration of innovative technologies in dermatology. Besides, presence of skilled skincare experts is boosting demand for cosmetic treatments, adding to the regional market outlook.
Major contenders influencing the industry trends are Alma Lasers (Sisram Medical Company), Allergan plc, Cutera Inc., Cynosure LLC, Venus Concept, Solta Medical International Inc., Project E Beauty, Beijing Honkon Technologies Co. Ltd., and SharpLight Technologies Inc.