Rising Incidence of Skin Problems Fueling U.S. Beauty Devices Market Growth

ALAMO, Calif. - Dec. 6, 2021 - PRLog -- Furthermore, as per the estimates of the market research company, P&S Intelligence, the market will generate a revenue of $99,468.0 million by 2030. The major factors driving the market are the increasing number of product approvals and launches, surging population of geriatric people, early adoption of various advanced technologies, and rising disposable income of people in the country.
Access Report Summary - U.S. Beauty Devices Market Segmentation Analysis (https://www.psmarketresearch.com/market-analysis/us-beauty-devices-market)

As per the U.S. Bureau of Labor Statistics, the personal disposable income of people in the U.S. rose from $10,036.9 billion in 2006 to $13,968.6 billion in 2016 and it is expected to surge to $21,178.2 billion by 2026. Due to the sharp rise in their disposable income, people are now able to buy beauty devices. Moreover, as per the American Academy of Dermatology (AAD), in the U.S., the acne treatment and prevention sector surpasses $3.0 billion every year. Additionally, the growing prevalence of aches and other conditions is also boosting the demand for beauty devices in the country.

The U.S. beauty devices market is also divided, based on type, into cleansing, light-emitting diode (LED) therapy and photorejuvenation, hair growth, oxygen/facial steaming, acne treatment, hair removal, cellulite reduction, and dermarolling. Out of these, the hair removal category held the largest share in the market between 2015 and 2020, and this trend is expected to continue in the upcoming years as well. This is attributed to the surging use of these devices, owing to the rising incidence of polycystic ovary syndrome (PCOS) and hormonal problems among women.

Hence, the demand for beauty devices will surge sharply in the U.S. in the forthcoming years, primarily because of the growing incidence of skin diseases and mushrooming population of geriatric people in the country.