The North America beauty devices market is expected to reach US$ 37,948.50 Mn in 2027 from US$ 13,697.43 Mn in 2019. The market is estimated to grow with a CAGR of 13.9% from 2019-2027.
Fueled by a growing emphasis on beauty and wellness among consumers and a rising incidence of age-related skin concerns, the North America beauty devices market is experiencing significant growth. These user-friendly devices are becoming essential tools for addressing cosmetic needs, particularly skin issues like acne, wrinkles, and scars. However, the potential for undesirable side effects could temper this market expansion in the coming years.
Age-related skin problems, including pigmentation, wrinkles, creases, acne, and even burn scars, are widespread. The American Academy of Dermatology Association highlights acne as the most common skin condition in the US, affecting approximately 50 million individuals annually. A substantial 85% of those aged 12 to 24 experience mild acne. In 2013, the costs associated with acne treatment and lost productivity for those seeking medical care surpassed US$ 1.2 billion, with over 5.1 million people, primarily children and young adults, seeking medical intervention.
Furthermore, atopic dermatitis affects one in ten people during their lifetime, impacting up to 25% of children and 2–3% of adults. Notably, concerns about aging signs are emerging at younger ages. A Dermstore poll of 2,000 women across the US revealed that 28% of women under 25 regularly worry about these signs, a figure that increases to 42% for those aged 25–34 and 54% for women aged 35–44. This survey also indicated that younger women are proactively using anti-aging products earlier than previous generations.
The projected rapid growth of the population aged 30–65 is anticipated to further increase the pool of consumers seeking solutions for signs of aging like reduced skin elasticity, wrinkles, and dark spots. World Health Organization (WHO) data indicates that the global population aged 60 years or over is projected to surge by an average of 56% between 2015 and 2030, from 901 million to 1.4 billion. This growing geriatric population is a key driver for the beauty devices market, as aging naturally leads to a decline in skin's fibrous tissue and a reduction in its vascular and glandular network. Consequently, the anticipated rise in skin diseases and the expanding aging demographic are expected to fuel increased demand for North America beauty devices market throughout the forecast period.
The expanding medical devices industry in North America and the established presence of a beauty devices market within it are creating lucrative opportunities. The increasing application of beauty devices in medical treatment scenarios in the region is poised to further propel North America beauty devices market growth.
North America beauty devices market Segmentation
North America Beauty Devices Market - By Device Type
Hair Removal Devices
Cleansing Devices
Acne Devices
Light/LED Therapy and Photorejuvenation Devices
Hair Growth Devices
Skin Dermal Rollers
Rejuvenation Devices
Others
North America Beauty Devices Market - By Usage Area
Salon
Home
Spa
North America Beauty Devices Market - By Distribution Channel
Retail
E-commerce
North America Beauty Devices Market - By Country
US
Canada
Mexico
North America Beauty Devices Market - Companies Mentioned
NuFACE
L'OREAL GROUP
Procter & Gamble
Koninklijke Philips N.V.
Panasonic Corporation
TRIA BEAUTY
FOREO
YA-MAN LTD
ZIIP
Silk’n
Nu Skin Enterprises, Inc.
MTG Co., Ltd
North America beauty devices market Regional Insights
The geographic scope of the North America beauty devices market refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America beauty devices market Strategic Insights
Strategic insights for the North America beauty devices market provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights