According to the new report, “Skincare Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018,” published by Transparency Market Research, the global skincare devices market is expected to grow at a CAGR of 10.1% from 2012 to 2018, to reach an estimated value of USD 10.7 billion in 2018.

In 2011, this market was valued at USD 5.4 billion. The skincare devices included in the report are those used for: lasabrasion, microdermabrasion, liposuction, LED Therapy, dermatoscopes, skin rejuvenation, cellulite reduction, skin tightening, body contouring and hair removal.

This growth will be mainly due to the technological advancements in product design, thus making the devices highly efficient as well as increasing adoption of minimally and non-invasive procedures to ensure better patient comfort, accoridng to the research company.

Also driving this market is the surge in the demand for aesthetic procedures such as liposuction, skin rejuvenation, skin tightening, hair removal and body contouring.

The market for LED therapy devices accounted for the largest share of the total market for treatment devices whereas the lasabrasion devices market is expected to record the highest growth during the forecast period. The rising numbers of liposuction and hair removal procedures make these market segments highly attractive in terms of revenue and CAGR.

Worldwide acceptance and use of laser and light based devices for aesthetic treatments will drive growth in future.

More information about the report, visit: www.transparencymarketresearch.com