Skin Tightening Market

Emerging trends in minimally invasive skin tightening procedures to drive market growth

Skin tightening procedures are becoming more popular, particularly non-invasive procedures that help improve skin laxity. People choose these procedures to enhance their appearance. Skin tightening treatments include minimally invasive cosmetic procedures that alter a person's external appearance, such as facelifts and wrinkle reduction. Minimal invasiveness reduces the complications associated with the processes, allowing for a faster recovery. Nonsurgical skin tightening treatments can be provided in the form of in-office procedures or at-home devices. Besides, dermatologists recommend non-surgical skin tightening treatments over invasive procedures. In addition, these procedures are less expensive than invasion surgeries, contributing to their widespread use.

This is expected to contribute to expanding the Skin Tightening Market revenue.

Moreover, current minimally invasive procedures offer superior results and are more efficient than traditional surgical procedures. In 2020, 13.2 million minimally invasive cosmetic procedures were carried out, as the Plastic Surgery Statistics Report reported. Furthermore, introducing various insurance schemes for cosmetic and aesthetic treatments has contributed to an increase in awareness and acceptance of these procedures, thereby driving market CAGR growth.

The Global Skin Tightening Market Industry is significantly influenced by the aging population, which is increasingly concerned about skin laxity and signs of aging. As individuals age, the production of collagen and elastin decreases, leading to sagging skin. This demographic shift is particularly pronounced in regions with higher life expectancy, such as North America and Europe. The demand for skin tightening solutions is expected to rise as older adults seek effective treatments to maintain their youthful appearance. This trend is likely to contribute to the market's growth, with projections indicating a market value of 8.42 USD Billion by 2035.

The Global Skin Tightening Market Industry benefits from a growing awareness of aesthetic treatments among consumers. As information about the benefits and availability of skin tightening procedures becomes more accessible, individuals are more inclined to explore these options. Social media platforms and beauty influencers play a pivotal role in shaping perceptions and driving interest in non-invasive treatments. This heightened awareness is expected to translate into increased demand, as consumers seek to enhance their appearance and boost their confidence. The market's growth trajectory appears promising, with an anticipated increase in consumer engagement and investment in aesthetic solutions.

The Global Skin Tightening Market Industry experiences a notable surge in demand for non-invasive cosmetic procedures. As consumers increasingly seek alternatives to surgical options, technologies such as ultrasound and radiofrequency are gaining traction. This shift is driven by a growing awareness of the benefits of non-invasive treatments, which offer minimal downtime and reduced risk. In 2024, the market is projected to reach 1.34 USD Billion, reflecting the changing preferences of consumers who prioritize safety and convenience in their skincare routines. The trend indicates a potential for sustained growth as more individuals opt for these innovative solutions.

The Global Skin Tightening Market Industry is positively impacted by rising disposable income levels and increased consumer spending on personal care and aesthetic treatments. As economic conditions improve globally, individuals are allocating more resources towards self-care and beauty enhancements. This trend is particularly evident in emerging markets, where a burgeoning middle class is driving demand for skin tightening solutions. The willingness to invest in personal appearance is likely to propel market growth, as consumers prioritize skincare and aesthetic procedures. This economic shift suggests a robust future for the industry, with potential for sustained expansion.

Technological advancements play a crucial role in shaping the Global Skin Tightening Market Industry. Innovations in laser technology, microneedling, and energy-based devices have enhanced the efficacy and safety of skin tightening treatments. These advancements not only improve patient outcomes but also expand the range of options available to consumers. For instance, the introduction of combination therapies that utilize multiple modalities has shown promising results in achieving tighter skin. As technology continues to evolve, it is anticipated that the market will witness an impressive compound annual growth rate (CAGR) of 18.18% from 2025 to 2035, driven by the increasing adoption of these advanced treatment options.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Skin Tightening market accounted for USD 0.43 billion in 2022 and is anticipated to exhibit a significant CAGR growth over the study period. Due to their high safety and effectiveness, non-invasive aesthetic procedures such as laser skin tightening are becoming more popular in North America. As reported by the Aesthetic Society, in 2021, approximately 391,855 people in the United States had skin tightening procedures.

Skin aesthetics awareness is growing in North America, increasing the requirement for laser skin tightening treatment methods. As the skin tends to lose its elastic properties and firmness with age, the increasing geriatric population in North America is driving demand for laser skin tightening procedures. The easy accessibility and growing acceptance of advanced treatment options, like laser therapy and other non-surgical processes, to improve aesthetic appeal are additional factors anticipated to propel regional market growth.

Further, the major countries studied in the market report are the U.S., Germany, Canada, the UK, Italy, Spain, France, Japan, India, Australia, China, South Korea, and Brazil.

Figure 3: SKIN TIGHTENING MARKET SHARE BY REGION 2022 (%)

Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

European skin tightening market accounts for the second-largest market share. Europe is one of the most developed regions in the world, boasting cutting-edge technologies and a solid infrastructure that contribute to better healthcare facilities and patient care. This can be attributed to a well-recognized aesthetics healthcare system, the rise in skin health consciousness, and the involvement of critical businesses. Besides, a less rigorous medical device authorization is expected to enhance regional growth further.

For instance, in September 2018, Allergan and Bonti agreed to be acquired to increase the research and development pipeline with rapid-acting, short-duration botulinum neurotoxin serotype E toxin programs and to expand the customer base by offering on-demand treatment in the European skin tightening market. Further, the German skin tightening market held the largest market share, and the UK skin tightening market was the fastest-growing market in the European region.

The Asia-Pacific Skin Tightening Market will likely grow at the fastest CAGR from 2023 to 2034, owing to increased healthcare infrastructure improvements and rising population acceptance of aesthetic procedures. Besides, the region's lower cost of cosmetic procedures attracts worldwide customers. With significant advancements in aesthetic treatments, the Asia Pacific region is expected to emerge as a potential hub for skin tightening. Experts in cosmetology and skin science are increasingly focusing on overcoming the side effects of skin tightening, while regional players are focusing on lowering procedural costs.

Rising disposable income and a growing preference for facial appearance among teenagers and the aging population will drive up demand for skin-tightening services and devices in the region. Moreover, China’s skin tightening market held the largest market share, and the Indian skin tightening market was the fastest-growing market in the Asia-Pacific region.

Major market players are heavily investing in R&D projects to provide personalized treatment to patients of various ages and skin types. The growth of the skin tightening industry is directly related to the advancements in non-invasive procedures that provide high-quality and cost-effective services. Companies are often involved in significant market development initiatives such as new alliances, mergers & acquisitions, new product introductions, and collaborative partnerships to increase market share and positive reputation.

Global skin tightening industry competitors must provide affordable products to grow and survive in a market that is becoming more and more competitive. The skin tightening market’s major players, including Allergan, Alma Lasers, Lynton Lasers, InMode, and others, are working to increase consumer demand by funding skincare research and development initiatives. In recent years, the skin tightening industry has developed advanced aesthetic treatments that offer some of the most significant advantages to capture a large global market share.

Cynosure creates, manufactures, and sells aesthetic treatment systems that enable dermatologists, plastic surgeons, and other medical professionals to conduct non-invasive and minimally invasive processes to remove hair, cure vascular & benign pigmented lesions, remove multicolored tattoos, rejuvenate the skin, remove fat through laser lipolysis, reduce cellulite, cure toe fungus-infected nails, ablate sweat glands, and enhance women's health. Cynosure announced the FDA clearance of the Potenz Radiofrequency (RF) micro-needling device in February 2020, the first and only FDA-certified four-mode RF micro-needling device that provides clinicians with unrivaled versatility and personalized patient treatment for the skin tightening industry.

Also, AVAVA Inc, a Blossom Innovation and technology company, was recognized for its FDA-cleared Focal Point Technology skin rejuvenation laser. AVAVA received FDA 510(k) clearance in December 2022 for the MIRIA Skin Treatment System for the pre-rejuvenation and rejuvenation of aging skin. This is the first regulatory approval for a high-intensity focused intradermal laser that delivers energy with pinpoint accuracy at any depth in the skin, making it ideal for patients with darker skin tones. Focal Point Technology, which targets the skin-tightening market, powers the laser.