The North America Skin Aesthetic Devices Market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report. In the North American region, there has been a significant rise in the minimally invasive skin aesthetic procedures. Since, FDA has approved botulinum toxin, dermal fillers, and lasers for aesthetic application, the number of skin aesthetics has boomed massively. It has been significantly grown for age-related facial treatments. For instance, in the US number of minimally invasive skin aesthetic procedures have been increased ten times in the last ten years.
The North America Skin Aesthetic Devices market is expected to reach US$ 2,025.63 Mn in 2027 from US$ 853.88 Mn in 2019. The market is estimated to grow with a CAGR of 11.5% from 2020-2027.
The Pharmaceuticals industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of Pharmaceuticals segment.
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The country recorded a 2% increase in the aesthetic procedures in 2017 from 2016. The top five surgical procedures performed were breast augmentation, nose reshaping, eyelid surgery, tummy tuck, and liposuction. Whereas, the top five minimally invasive procedures performed across the country were chemical peel, botulinum toxin, type, soft tissue fillers, laser hair removal, and microdermabrasion. Thus, growing minimally invasive skin, aesthetic procedures are likely to increase the demand for the Skin Aesthetic Devices market across the region.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for immunochemistry assays in the market.
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North America Skin Aesthetic Devices – Market Segmentation
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