The global skin aesthetic devices market is expected to reach US$ 4,332.90 Mn in 2027 from US$ 1,797.49 Mn in 2019. The market is estimated to grow with a CAGR of 11.7% from 2020-2027.

The growth of the skin aesthetic devices market is primarily attributed to the factors such as rising preference toward minimally invasive procedures increase in number of cosmetic surgeries, growth in population between the ages 30 and 65 years. However, high cost of surgeries along with clinical risks and complications associated with aesthetic procedures are the factors which will impede the skin aesthetic devices market growth. Furthermore, increasing disposable incomes and the expanding middle-class population are likely to offer significant opportunity for the growth of the global skin aesthetic devices.

In recent years, the adoption of minimally invasive procedures has increased worldwide. Minimally invasive surgery offers patients several benefits such as smaller incisions, faster recovery times, and reduced pain and scarring. Moreover it has been proved that minimally invasive surgery provides a higher accuracy rate compared to traditional open surgery. According to the American Society of Plastic Surgeons, the number of minimally invasive cosmetic procedures has increased nearly 200 percent since 2000, with no indication of reduction. Additionally, in 2018, almost 18 million people underwent surgical and minimally invasive cosmetic procedures in the US. This total means that there were nearly a quarter of a million more procedures in 2018 than in 2017. Cosmetic surgical procedures have been on the rise in the US over the past five years. Furthermore, ASPS member plastic surgeons performed about 12,000 more liposuction procedures and 13,000 more breast augmentations in 2018. The benefits, as well as the accuracy being offered by minimally invasive procedures over traditional surgery, are expected to drive the growth of the market during the review period.

Global skin aesthetic devices market, based on the product, is segmented into laser skin resurfacing devices, nonsurgical skin tightening devices, micro-needling products and light therapy device. In 2019, the laser skin resurfacing devices held the largest share of the market, by product. Also, nonsurgical skin tightening devices segment is expected to grow at the fastest rate during the coming years owing to increasing adoption of this devices across the globe.

Global skin aesthetic devices market, based on the treatment, is segmented into skin tightening, instant rejuvenation, body contouring, laser lipo, other treatments. In 2019, the skin tightening treatment segment held the largest share of the market, by treatment. Skin tightening through nonsurgical procedures involves the use of targeted energy to heat deeper layers of skin, which stimulates collagen and elastin regeneration, thereby bringing gradual improvements in skin tone and texture and offer various other advantages which attributes to the dominance of the segment.

Some of the major primary and secondary sources for Skin Aesthetic Devices included in the report are Centers for Disease Control and Prevention (CDC), American Society of Plastic Surgeons, Food and Drug Administration, Central Intelligence Agency, Cosmetic Plastic Surgery, and others.