Global Skincare Devices Market to Register 10.10% CAGR Till 2018 Stimulated by Booming Medical Tourism A new market research report has been recently published by Transparency Market Research and is available for sale on the company website. The research report, titled “Skincare Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,� presents a market overview, product segmentation, market drivers, restraining factors, opportunities, geographical segmentation, and competitive landscape. According to the research report, the global skincare devices market is projected to reach US$10.7 bn by the end of 2018, exhibiting a 10.10% CAGR between 2012 and 2018. The research report has made use of graphical representation such as charts and tables to present historical data and forecast figures of the global skincare devices market.
The growing prevalence of skin disorders, coupled with technological advancements in surgical procedures, has propelled the growth of the global skincare devices market. The report offers an overview of the global skincare devices market and points out the key factors affecting the growth of the market. The report analyzes the market attractiveness and also evaluates the impact of Porter’s five forces on the overall market. The report studies the global skincare devices market on the basis of product type, applications, and geography. The report offers detailed analysis of the growth of the market across key geographical regions. Describing the competitive landscape, the report profiles some of the key players in the global skincare devices market and provides insightful information about them. Overview of Global Skincare Devices Market The global skincare devices market is estimated to expand at a CAGR of 10.1% during the period between 2012 and 2018. The report projects the overall market to be worth US$10.7 bn by 2018. The positive growth of the global skincare devices market can be attributed to the increasing prevalence of skin disorders worldwide and technological advancements fuelling the demand for minimally invasive surgical procedures. The growing medical tourism, along with extensive marketing initiatives, has further augmented demand from the market. However, competitive pricing and high equipment costs are expected to hinder the market growth. The