U.S. Beauty Device Market Worth US$ 25,375.7 million by 2020 : Persistence Market Research

NEW YORK - April 17, 2015 - PRLog -- According to a new market report published by Persistence Market Research titled The U.S. Market Study on Beauty Devices: At-home Devices to Witness Highest Growth by 2020, the U.S. beauty devices market was valued at USD 9,034.2 million in 2014 and is expected to grow at a CAGR of 18.8% from 2014 to 2020, to reach an estimated value of USD 25,375.7 million by 2020.

Browse the full The U.S. Market Study on Beauty Devices: At-home Devices to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/us-beauty-devices-market.asp

The U.S. beauty devices market is witnessing significant growth due to rise in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness. Furthermore, wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market. The U.S. beauty devices market is anticipated to grow from USD 9,034.2 million in 2014 to USD 25,375.7 million by 2020 at a CAGR of 18.8% during the forecast period.

In North America, increasing aging population and availability of advanced devices are driving the growth in demand for beauty devices in the market. In addition, in the U.S., there are around 750,000 beauty salons and spas. These beauty salons and spas have propelled the demand for beauty devices and personal care products in order to offer better services to their customers.

L’Oréal Group, Nu Skin Enterprises, Inc., Home Skinovations Ltd., PhotoMedex, Inc., TRIA Beauty, Inc., Koninklijke Philips N.V., Syneron Medical, Ltd., Cynosure, Inc., and Procter & Gamble Company are some of the major players in the U.S. beauty devices market.

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The U.S. beauty devices market is segmented as follows:

1) The U.S. beauty devices market, by usage area

Salon

Spa

At-home

Others

2) The U.S. beauty devices market, by device type

Hair removal devices

Cleansing devices

Acne devices

Rejuvenation devices

Intense pulsed light device

Oxygen and steamer devices

Hair growth devices

Derma rollers

Cellulite reduction devices

Others

3) Beauty devices market, by geography

North America

The U.S.

Canada

About Us:

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.