NON-SURGICAL SKIN TIGHTENING MARKET ANALYSIS

Non-Surgical Skin Tightening MarketSize and Trends

Non-Surgical Skin Tightening Market – Dynamics

Skin tightening procedures are increasing gaining popularity, especially non-invasive procedures that aid in improving skin laxity. In order to improve one’s aesthetics, people for opting for these procedures. This is a major factor for growth of the market. Moreover, dermatologists are also recommending non-surgical treatment for skin tightening than of invasive procedures. Furthermore, lower cost of these procedures in comparison to invasion surgeries, is another factor for high adoption of these procedures and this is expected to support growth of the market. For instance, according to 2016 American Society of Plastic Surgeons (ASPS) report a normal invasive cosmetic surgery procedure costs about US$ 3,000 to US$ 5,000 each, whereas minimally invasive cosmetic procedures cost around US$ 300 to US$ 650 each. Another factor aiding in growth of the market is increasing approvals for advanced products such as laser products for skin tightening. For instance, in 2015, aesthetic laser systems manufacturer, DEKA Medical, received FDA clearance for its Synchro laser systems.

Moreover, Asia Pacific is expected to witness significant growth in the market over the forecast period, owing rising number of improvements in healthcare infrastructure and rising acceptance of aesthetic procedures within population. Moreover lower cost of cosmetic procedures within the region are gaining attraction of customers from various parts of the world as well. For instance, according to Korea Health Industry Development Institute 2015 survey, 41,263 international patients went through cosmetic and plastic surgery procedures in South Korea.