Wednesday, 1 April 2020

France Skincare Devices Market – Analysis and Forecast To 2024 | Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc.

The French skincare devices market is expected to grow at a CAGR of 12.9% during the forecast period with its market size predicted to reach USD 882.8 million by 2024. The France skincare devices market is primarily driven by the factors such as technological advancements, high awareness for the beauty care, declining use of chemical-based topical skincare products, increasing geriatric population, the high prevalence of skin disorders. Laser-based devices, electrosurgical devices, light-based devices, liposuction devices are the major contributor to the skincare devices industry in the region.


Also, the French population is aging, which is highly prone to several skin complications. Large geriatric population base illustrates a strong demand for skin treatment devices as well as skin disorder diagnostic devices in the country. For instance, according to the World Bank, 16% of the French population was aged 65 or above in 2001 and the number increased significantly to 20% by 2017.

The side effects associated with the use of skincare devices and stringent regulatory norms are the key challenges faced by the French skincare devices industry. The stringent regulations in the country lead to the delayed approval of technologically advanced devices, thus hampering the growth of the market.


Some of the players operating in the French skincare devices industry are Lumenis Ltd., Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd., PhotoMedex Inc., Hologic Inc., Galderma SA, Syneron Medical Ltd., Panasonic Corporation, Classys Inc. and Irisiome SAS.

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