The North America beauty devices market is projected to grow significantly, reaching US$ 37,948.50 million by 2027, up from US$ 13,697.43 million in 2019, at a compound annual growth rate (CAGR) of 13.9% during the forecast period (2019–2027).
North America beauty devices market significant growth is primarily driven by shifting consumer attitudes towards beauty and wellness and the increasing prevalence of age-related skin concerns across the region. However, potential undesirable side effects associated with some devices could restrain market expansion in the coming years.
Beauty devices are designed to enhance physical appearance and address cosmetic concerns, including common skin issues like acne, wrinkles, scars, and pigmentation. The rising incidence of these conditions fuels demand. For example, acne is the most common skin condition in the US, affecting approximately 50 million Americans annually. Costs associated with acne treatment and lost productivity exceeded US$ 1.2 billion in 2013, with over 5.1 million seeking medical care.
Concerns about aging are also widespread and begin early. Studies show significant percentages of women worry about signs of aging: 28% under 25, 42% aged 25–34, and 54% aged 35–44. Furthermore, younger women are starting anti-aging treatments sooner than previous generations.
Demographic trends strongly support continued growth. The population aged 30–65, a key demographic for signs of aging like wrinkles, loss of elasticity, and dark spots, is expanding rapidly. Globally, the population aged 60+ is projected to surge by 56% between 2015 and 2030. This aging population inherently experiences skin changes, such as loss of fibrous tissue and reduced vascular networks, further driving the need for beauty devices.
Additionally, the growing use of beauty devices within medical treatments and the established, robust medical devices industry in North America present further lucrative opportunities for North America beauty devices market expansion.
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North America Beauty Devices Market Segmentation
North America Beauty Devices Market - By Device Type
- Hair Removal Devices
- Cleansing Devices
- Acne Devices
- Light/LED Therapy and Photorejuvenation Devices
- Hair Growth Devices
- Skin Dermal Rollers
- Rejuvenation Devices
- Others
North America Beauty Devices Market - By Usage Area
- Salon
- Home
- Spa
North America Beauty Devices Market - By Distribution Channel
- Retail
- E-commerce
North America Beauty Devices Market - By Country
- US
- Canada
- Mexico
North America Beauty Devices Market - Companies Mentioned
- NuFACE
- L'OREAL GROUP
- Procter & Gamble
- Koninklijke Philips N.V.
- Panasonic Corporation
- TRIA BEAUTY
- FOREO
- YA-MAN LTD
- ZIIP
- Silk’n
- Nu Skin Enterprises, Inc.
- MTG Co., Ltd
North America Beauty Devices Strategic Insights
Strategic insights for the North America Beauty Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Beauty Devices Regional Insights
The geographic scope of the North America Beauty Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
