Abstract: - Global Skin Tightening Market to Reach $6. 4 Billion by 2027. - Amid the COVID-19 crisis, the global market for Skin Tightening estimated at US$4. 6 Billion in the year 2020, is projected to reach a revised size of US$6.New York, June 03, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report "Global Skin Tightening Industry" - https://www.reportlinker.com/p06032890/?utm source=GNW 4 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027. R
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Market for Laser Skin Tightening to Grow at Highest CAGR during 2020-2027.
Skin Tightening market is expected to reach US$ 2,350.22 million in 2027 from US$ 1,350.40 million in 2019. The market is estimated to grow with a CAGR of 7.3% from 2020 to 2027.
The growth of the market is attributed to increasing cosmetic procedures and growing aging population. However, high cost of cosmetic procedures is expected to hamper the growth of the market to a certain extent during the forecast years.
In terms of product type the radiofrequency segment held the largest share of the market in 2019; whereas, the laser skin tightening segment is expected to grow at the fastest CAGR during the forecast period. The growth of the laser-tightening segment is attributed to increasing adoption of this method owing to its extended range of advantages as lasers are considered to have multiple benefits and improve the texture and other problems on the skin such as acne, fine lines, wrinkles, and scarring.
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SELBYVILLE, Del., Jan. 6, 2021 /PRNewswire/ According to the latest report Skin Tightening Market by Product Type (Ultrasound Skin Tightening, Radio Frequency Skin Tightening, Laser Skin Tightening), Portability (Portable, Standalone), End-use (Dermatology Centers, Hospitals, Homecare Settings), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026 , by Global Market Insights, Inc., the market valuation of skin tightening will cross $990 million by 2026. Different tightening and lifting without surgery methods to firm the sagging skin will accelerate the market demand for skin tightening devices.
The homecare settings end-use segment in the skin tightening market is projected to attain a CAGR of 12% during 2020 to 2026.