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Beauty Devices Market to Expand with Significant CAGR During 2027
Beauty Devices Market Overview
Beauty devices have come ridiculously close to making the youthful skin a reality. Just a few years ago, the beauty treatments were sinfully expensive and highly specialized. Consumers had to either visit a dermatologist, plastic surgeon, or an esthetician to get the appropriate procedures to correct or manage their beauty concerns.
While some conditions and desired results would still demand a trip to professional, technological advancements in beauty devices have been exploding, and there are now a variety of options to treat head to toe beauty related concerns. As a result, the beauty devices market is growing radically heading with a wide range of varieties enabled with varying technologies.
The market growth of beauty devices is a little overwhelming to weed through. Acknowledging the phenomenal upsurges, the market is witnessing and gauging the potential of the market to go further in the years to come, Market Research Future (MRFR) in its recently published study report asserts that the global beauty devices market will grow exponentially, registering a CAGR 7.8 during the period (2017 -2023).
In addition to the rapid urbanization, increased disposable income and better living standards along with the strong desire among consumers to look and feel young & beautiful are driving the growth of the beauty devices market. Moreover, rising prevalence of skin diseases such as wrinkles, acne, melisma (photoaging of skin) associated with excessive exposure to ultraviolet radiation and pollution, are contributing to the elevated growth of the beauty devices market, resulting in sunburns, reduced skin elasticity, and hair loss.
Additionally, the benefits obtained by the beauty devices are considered as one of the major driving forces. Simultaneously, the growing reach of the media has allowed manufacturers to expand their range and minimize recall value by offering a product suiting to consumer’s budget, body, skin, complexion type, and the environment. Furthermore, the growing requirement for brand differentiation in an increasingly competitive environment is expected to foster the market growth.
On the other hand, factors such as disadvantages or side effects such as discomfort, excessive swelling, and sensitive skin, bruising, and blistering, associated with the mishandling or wrong application of these devices, alongside some of the prevailing side effects occurring post-treatment are impeding the market growth. Besides, some devices belch intense pulsed light which can trigger the side effects, such as scarring, superficial burns, edema, and postoperative erythema may hinder with the growth of beauty devices market.
Global Beauty Devices Market - Segmentation
MRFR has segmented its analysis into five key dynamics for the convenience of understanding;
By Technologies : Comprises - Transcutaneous electrical nerve stimulation (TENS) technology, Wearable Devices, Lasers Invigorate and others.
By Types : Hair Growth Devices, Acne Removal Devices, Rejuvenation Devices, Skin Derma Rollers & Hair Removal Devices, Cleansing Devices, Oxygen, Steamer Devices, Light/LED Therapy & Photo Rejuvenation Devices, and Cellulite Reduction Devices among others.
By Applications : Instrumental Cosmetics, and Ultrasonic Infuser among others.
By End-User : Professional (Spas, Salons, Clinic and others), and Personalized (At home) among others.
By Regions : North America, APAC, Europe, and Rest-of-the-World.
Global Beauty Devices Market - Regional Analysis
The North American is the leading market for beauty devices, globally, holding the largest market share owing to the technological advancement in beauty devices. Owing to the factors such as the well-developed technology, increasing patient with PCOS, rising aging population, and growing government support for research & development, the region is expected to further continue with its dominance in the future. Furthermore, increased R&D activities and the presence of major companies are fostering the market growth in the region.
The European region stands at the second position in terms of the market size of beauty devices owing to the government support for R&D and availability of funds for research. Germany among other European countries, backed by its expertise in medical devices market will support the market growth in the region to grow at a much higher rate than the industry average.
The APAC region has emerged as a promising market for beauty devices owing to the presence of rapidly developing healthcare technology and improving economic conditions in the region. The devices market in the APAC region projects a high growth rate in the years to come owing to the plentiful new product launches. High returns are rewarded to the majority of at-home beauty device firms that had the foresight to enter Asian beauty devices market. India and China among other APAC countries are anticipated to grow rapidly, commanding significant market shares. The beauty and personal care market in Japan, China, and Korea are also growing owing to the rapid economic development in these countries.
Global Beauty Devices Market - Competitive Analysis
The highly competitive, beauty devices market appears fragmented due to the presence of many well-established players having the global presence.
M&A activities, innovation, brand reinforcement, and collaboration remain the key trends for these players. Manufacturers are striving to develop high-performance beauty devices powered by the latest technology and clinical advances.
Browse Full Report with TOC at: https://www.marketresearchfuture.com/reports/beauty-devices-market-562
Beauty Devices Market Key Players:
Leaders in the global beauty devices market include Nu Skin Enterprises, L'Oreal S.A., Panasonic Corporation, Home Skinovations Ltd, Syneron Medical Ltd, TRIA Beauty Inc, PhotoMedex Inc, Procter & Gamble Co, Home SKinovations Ltd, Photomedax Inc., Lumenis Ltd., Carol Cole Company, Koninklijke Philips N.V., and Tria Beauty Inc.
Cell Culture Media Market to Remain Lucrative During 2027
Cell Culture Media Market Dynamics
According to the latest report furnished by Market Research Future (MRFR), the cell culture market is exhibited to develop at a robust CAGR of 9.1% during the forecast period (2017-2023).
Growth Drivers and Key Challenges
Cell culture medium consists of a number of nutrients that promote the proliferation, growth, storage and maintenance of microorganisms as well as other types of cells including mammalian, stem cells, and other cell lines. There is a diverse range of culture media available in the international market for different cell cultures for surviving and growing in their incubation environment.
The cell culture media market will also be positively affected by factors like the increasing investments as well as funding for research and development (R&D) along with innovations in life sciences, particularly the biopharmaceutical products. On top of this, the expansion of the biosimilar industry at a substantial rate is a primary contributory factor backing the growth of the cell culture media market.
Despite the presence of favorable drivers, the dearth of skilled professionals could give a major blow to the growth of the market. On the contrary, the developing markets like India and China are projected to present various lucrative growth opportunities to the global market in the forthcoming years.
Cell Culture Media Market Segmentation
The cell culture media market has been segmented on the basis of type, application, and end-user.
Considering the type, the cell culture media market has been broken down into classical media, chemically defined media, protein-free media, lysogeny broth, serum-free media, and custom media. Among these, lysogeny broth happens to be the shareholder of the larger share of the overall market, amounting to 22.5% of the total market. On the other hand, the chemically defined media is exhibited to register the fastest growth rate of 9.6% during the evaluation time frame.
Application-wise, the cell culture media market covers segments like tissue engineering & biochemistry, cancer research, toxicity testing, drug discovery and drug development, genetic engineering, and stem cell research. Accruing almost 23.8% of the overall market share, the drug discovery and drug development segment is having a relentless run in the international market.
The end-users mentioned in the report include research laboratories, academic institutes, biotechnology & pharmaceutical companies, and pathology labs, where the biotechnology & pharmaceutical companies are expected to the dominating market, with its value being around USD 386.5 million in 2016.
Cell Culture Media Market Regional Analysis
In terms of the geographical distribution of the global cell culture media market, the key regions covered by the report are the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
Leading with the biggest share in the global cell culture media market, the Americas is profiting from the presence of superlative infrastructure, growing integration of cutting-edge developments in practice, and the technological brilliance within the region. The vast pool of patients provides immense traction to the regional market as well, coupled with the increasing number of research and development activities. These research and development projects are associated with cytological analysis of genomics, drug and vaccine development as well as proteomics.
Europe is making similar strides in the global market as well, resulting from the rise in R&D investments, surge in the advancements related to cell culture media, and strong demand for cell culture media. Other factors that facilitate the growth of the market include the advancement of animal-component free media along with the presence of automated cell culture systems that help decrease the lag times, in addition to improving the production capacity of the complete project. Data analysis predict that the demand for cell culture techniques will increase within the region in the years ahead.
In the meantime, Asia Pacific is another region making its presence felt in the worldwide market, surging at the fastest growth rate. The market owes its phenomenal growth to factors like the rising number of contract manufacturing as well as the outsourcing of cell culture technology. The hike in the demand for cell culture medias paired with the growth in the biopharmaceutical research has resulted in the favorable expansion of the regional market in the past couple of years.
Cell Culture Media Market Top Vendors
The top vendors in the global cell culture media market are BD Biosciences (U.S.), HiMedia Laboratories (India), Corning Incorporated (U.S.), Thermo Fisher Scientific (U.S.), GE Healthcare (U.S.), Merck KGaA (Germany), Lonza (Switzerland), and others.
Browse Full Report with TOC at: https://www.marketresearchfuture.com/reports/cell-culture-media-market-4462
Cell Culture Media Market Recent Developments
CN Bio has announced the development of a 3D cell culture system known as PhysioMimix. This lets the researchers layout assays, in addition to getting results at a faster rate. PhysioMimix will ensure that the scientists are able to mimic the structure as well as the function of human organs in the experiments being conducted in the future.