As per the research report, the size of the Asia Pacific Non-Surgical Skin Tightening market is anticipated to grow at a CAGR of 9.76% from 2024 to 2029.
The rapid increase in the prevalence of skin diseases is one of the significant factors expected to drive the growth and demand of the APAC non-surgical skin tightening market. In addition, the large number of people focusing on the aesthetic appeal, low cost of these procedures, a large number of esthetics and medical centers, presence of advanced technologies, highly developed healthcare facilities, and increasing approvals of refined products such as laser skin tightening products will play an essential factor that drives the growth of the market. Furthermore, according to the Allergan Global Beauty Survey, nearly 71.55% of surveyed people were concerned about wrinkles, while approximately 41.56% are considering various cosmetic medical treatments, indicating that cosmetic treatments have become more socially acceptable during the past several years.
Growing awareness of various skin conditions and their willingness to improve their skin appearance are other factors driving the market. People facing skin problems such as eczema, psoriasis, wrinkles, sun spots, and increased UV exposure are looking for cosmetic treatments for aesthetics opting for skincare regardless of the cost of the treatment. These rising expenses for skincare procedures are mainly due to endorsements from public figures and social media trends. In addition, growing trends towards minimally invasive techniques are anticipated to provide various growth opportunities for the APAC market in the coming years. According to the Korea Health Industry Development Institute survey in 2015, 41,300 international patients underwent plastic and cosmetic surgery procedures in South Korea.
However, several factors such as strict regulations for cosmetic procedures, high health risks, the price of the devices, and increased product cost are believed to limit the market's growth. At the same time, the presence of a complex regulatory framework can challenge the development of the market in the APAC region. In addition, repeated treatments are necessary to maintain the desired skin result and its texture. Therefore, patients have to invest capital in these repetitive treatments. It might also reduce the demand for such non-surgical procedures, thus limiting the market's growth rate.
This research report on the APAC Non-Surgical Skin Tightening Market has been segmented and sub-segmented into the following categories:
By Product:
By End User:
By Country:
Geographically, the Chinese non-surgical skin tightening market is estimated to grow at over 15.5% CAGR until 2029. The Chinese regional demand increases, owing to many Chinese women opting for skin tightening procedures to achieve more beautiful and youthful skin. In addition, advanced healthcare systems, growing technological advancements, and growing demand for non-invasive cosmetic surgeries in China will further enhance the sector's progress at the regional level.
Other APAC regional markets such as India, Japan, Australia, Singapore, and the Philippines are anticipated to grow steadily due to significant factors like increasing population aging, high healthcare spending in developed economies, and demand for better skin.
The South Korean non-surgical skin tightening market will have the highest CAGR growth rate and lead the APAC non-surgical skin firming market during the forecast period. This market growth will be driven by the increase in skin tightening procedures, increased awareness of cosmetic procedures, significant influence by celebrities and social media, coupled with high adoption of advanced technology for various treatment procedures.
KEY MARKET PLAYERS
Top companies leading in the APAC Non-Surgical Skin Tightening Market profiled in the report are Cutera Inc., Cynosure Inc., Solta Medical Inc., Lynton Lasers Ltd., Venus Concept Canada Corp., Fotona d.d., Lutronic Corporation, Strata Skin Sciences Inc., Lumenis Ltd., EL.En. S.p.A., Sciton, Inc., and Alma Lasers Ltd.,
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