North America Skincare Devices Market

North America Skincare Devices Market Size (2023 to 2028)

The North America market size for skincare devices is predicted to rise at a CAGR of 9.5% from 2023 to 2028 and value USD 31.63 billion by 2028 from USD 20.09 billion in 2023.

Increasing awareness of appearance is the primary factor driving the skincare devices market in North America. A physical appearance is more important for a person to have the self-confidence to do specific tasks. These skincare devices are used to treat, improve and enhance the appearance of skin. The increasing geriatric population in the U.S. also drives the market forward due to increasing aging spots on the face, improving wrinkles, dark circles, and acne. From 55.7 million to 74.6 million, the number of Americans aged 60 and above increased by 34% in 2019. With growing, age, skin becomes thinner, loses fat, and has no smooth appearance. As a result, aging people are prone to skin problems such as itching, dryness, and infection. People can prevent this problem by using these skincare devices or reducing it to some level.

Increasing hormonal disorders further boost the skincare devices market in the North American region. Hormones play an essential role in body changes. They increase or decrease hormones in a person resulting in oily skin, dry skin, wrinkles, less hair growth, and skin pigmentation. The leading cause of these hormonal changes in lifestyle and other reasons drive the skincare devices.

Increasing skin diseases is also a significant cause of the growth of the skin care device market. For example, melanoma affects more than a million people in the United States. In the United States, 97,925 non-invasive and 99,787 invasive melanoma cases are expected to be diagnosed in 2022. In addition, people above 30 years of age are more prone to melanoma diseases.

On the other hand, lack of awareness of the devices is the primary factor restraining the market growth. Many people are unaware of the usage of these devices and which skin diseases can be treated with them. The high cost of these devices is also impeding market growth. Due to this, more people can't afford to buy these products, limiting buyers' purchases. Side effects such as allergies, discoloration, skin redness, and itching also determine the market growth. Lack of product approvals, strict regulation rules, and issues in accepting some devices from the government are other factors restraining the market growth.

This report on the North American skincare devices market has been segmented and sub-segmented into the following categories.

By Product:

• Skincare Diagnostic Devices
  • Dermatoscopes
  • Image Guidance Systems
  • Biopsy Devices
• Skincare Treatment Devices
  • Lasabrasion Devices
  • LED Therapy Devices
  • Liposuction Devices
  • Microdermabrasion Devices
  • Cryotherapy Devices
  • Electrosurgical Devices

By Distribution Channel:

• Direct channels
• Indirect channels

By Application:

• Disease Diagnosis & Treatment
• Hair Removal
• Skin Rejuvenation
• Cellulite Reduction
• Body Contouring and Skin Tightening

By Country:

• The United States
• Canada
• Rest of North America

The North American region accounted for the largest share of the global market in 2022 due to the increasing technological advancements in skincare devices, the increasing older population, and awareness of beauty products. Skin cancer is more common in the United States due to the sun. Every day, more than 9,500 Americans receive a skin diagnosis of cancer. One in five Americans will suffer skin cancer by the age of 70. Actinic keratosis, psoriasis, and rosacea are the most prevalent precancer, affecting more than 58 million Americans. Women in the U.S. spend more on skincare products. The sun's U.V. rays are the main reason for 80% of skin aging in the U.S. As per the American Academy of Dermatology, almost 80% of the people in the country may have a chance of getting acne. Nu Skin is one of the world's most considerable direct-selling beauty and wellness products, with headquarters in the United States. With technological advancements and new media platforms, skincare product demand has increased in the United States. The skin care device market in Canada shares the largest share in the region due to key players being more focused on the product with fewer harmful agents used in the device.

KEY MARKET PLAYERS:

Companies playing a pivotal role in the North American skincare devices market profiled in this report are Alma Lasers, Ltd., Cynosure Inc., Michelson Diagnostics Ltd., Lumenis Ltd., Palomar Medical Technologies, Solta Medical, Inc., Photomedex Inc., and Syneron Medical Ltd.