Skin Tightening Market Growing Geriatric Population to Boost Growth 2027

 According to our new market research study on “Skin Tightening Market to 2027 – COVID-19 Impact and Global Analysis – by Product Type, Treatment Type, Portability, Application, and End User,” the 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.

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Skin tightening is a cosmetic procedure to change the external appearance of face, stomach, arm and others. Skin tightening is a non-invasive/minimally invasive procedure and have fewer complications associated with it and its recovery is fast. Radiofrequency devices, intense pulsed light, ultrasound devices for home use, and others are devices used for skin tightening procedures.

The skin tightening market majorly consists of the players such Merz Pharma, Cutera Inc., Alma Lasers, BRERA MEDICAL TECHNOLOGIES S.R.L., Pollogen, BISON MEDICAL, Cynosure, Bausch Health Companies Inc., AbbVie Inc., BTL Group of Companies among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.

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. Moreover, the ease of use facilitated by these devices makes them ideal to be used by healthcare professionals across the world, which, in turn is projected to drive the growth of the segment during the forecast period.

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