The U.S. Beauty Device Market is Expected to Foresee Significant Growth During the Forecast Period. California to Witness the Significant Growth
The U.S. Beauty Device market is projected to expand significantly with a CAGR of ~20% from 2021 to 2027. Beauty devices are typically used to improve skin appearance by solving the issues of blemishes, wrinkles, pigmentation, age spots, and freckles, which constitute a large proportion of skin issues for women.
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The advancement in product technology and the rising aging population of the U.S. rises which is associated with the increasing concerns related to wrinkles in the female population of the nation is an important factor to influence the beauty market in the U.S. As per the US census bureau, the female population around 50% of women aged between 30 and 44 years in 2020. Furthermore, various factors such as hormonal imbalance can cause conditions like hirsutism which is responsible for excessive body hair growth and also significantly contributes to the market for aesthetic devices in the U.S.
Based on type, the market is segmented into hair removal, cleansing, acne treatment, light-emitting diode (led) therapy and photorejuvenation, oxygen/facial steaming, hair growth, and others. The hair removal segment generated significant revenue in the U.S. market owing to the presence of a wide range of products and the advent of novel and improved methods that are quick, painless, and more effective procedures such as laser hair removal treatment..
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Based on applications, the market is segmented into the salon, spa, and at-home. The at-home device segment is expected to grab significant market share in the U.S. beauty device market during the forecast period. This is mainly due to the development of lightweight, and portable devices. Furthermore, the demand is also increasing due to the lesser complex and easy availability of the devices. Additionally, the lower cost of the home-based products is also responsible for the significant market share of the segment during the forecast period.
For a better understanding of the market, the report provides a detailed analysis of major states in the U.S. including California, Texas, Florida, New York, Pennsylvania, and others. New York state constitutes a significant market owing to the presence of the major players in the state. The increasing disposable income of the people is one of the major factors for the state to have a significant market share. The endorsement by Hollywood stars also significantly contributed to the considerable growth of the state in the U.S beauty devices market. the home care monitoring and diagnostics industry owing to the presence of well-established market players and frequent product launches in the region.
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Panasonic Corporation, Lumenis Ltd., Nu Skin Enterprises Inc., TRIA Beauty Inc., Home Skinovations Ltd., Carol Cole Company Inc., L’Oréal SA, Candela Corporation, YA-MAN LTD., MTG Co. Ltd., Koninklijke Philips N.V., and LightStim. are some of the key players operating in the U.S. Beauty Device market. Several M&As along with partnerships have been undertaken by these players to develop various types of U.S. Beauty Device devices.
Global U.S. Beauty Device Market Segmentation
Market Insight, by Type
- Hair Removal
- Acne Treatment
- Light-Emitting Diode (LED) Therapy and Photorejuvenation
- Oxygen/Facial Steaming
- Hair Growth
Market Insight, by Application
Market Insight, by States
- New York
Top Company Profiles
- Panasonic Corporation
- Lumenis Ltd.
- Nu Skin Enterprises Inc.
- TRIA Beauty Inc.
- Home Skinovations Ltd.
- Bioptik Technology Inc.
- Carol Cole Company Inc.
- L’Oréal SA
- Candela Corporation
- YA-MAN LTD.