Europe Skin Tightening Market size valued at USD 154.5 million in 2020 and is anticipated to expand at over 12.6% CAGR from 2021 to 2027.

Increasing attentiveness regarding skin situations along with willingness to spend higher on skincare products and treatments are few of the aspects accelerating the market growth. Women as well as men seek different skincare procedures for aesthetic appeal and people facing skin difficulties adopt skincare products despite the cost of treatment. This elevated spending on cosmetic products is highly driven by promotion of skin makeover through celebrities and social media trends.

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European Market, By Product Type

The laser skin tightening segment will grow at more than 10% CAGR through 2027 as laser is one of the FDA approved procedures for the reduction of skin laxity, wrinkles as well as fine lines. These treatments are conducted by cosmetic dermatologist for effective and better patient care with improved skin care result. The necessity and demand for laser skin tightening is surging persistently as it is harmless and an effective way to tighten loose skin that requires 3 to 5 sessions depending on the size of the area to be treated.

European Market, By Portability

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The standalone segment accounted for around USD 109 million revenue in 2020. Standalone enable treatments with greater accuracy and delivers superior results within an hour or less. In addition, lesser need of maintenance and integrated functionalities in standalone skin tightening equipment surges its preference in hospitals and clinics, thereby favouring the segment growth.

European Market, By End-use

Based on end-use, the homecare settings segment is predicted to register a growth of over 14% till 2027. Ultrasound skin tightening products are most likely used at home giving better skin texture and results. Skin tightening products for homecare usage do not require any skilled professional or a permit to operate. Similarly, no specific training is required for operating such skin products and can be easily used at homecare settings.

European Market, By Country

The Germany skin tightening market is projected to observe 12% growth during the forecasted timeline. Escalating adoption of non-invasive aesthetic surgeries, advanced healthcare systems and rising technological advancements will enhance the country-level market expansion. Moreover, large patient pool in Europe along with rising desire to maintain youthful appearance is estimated to show vigorous growth.

Competitive Industry Landscape

Some of the eminent industry players include Alma Lasers (Sisram), Beijing HONKON Technologies, Cutera, Cynosure (Hologic), Project E Beauty, Venus Concept, Solta Medical, and Allergan (Abbvie), among others.

These market contributors have undertaken numerous strategies that have helped them to gain competitive advantage over others. For instance, U.S. FDA approved Allergan’s CoolSculpting fat-freezing system in October 2018. This new approval assisted the company to expand its overall product portfolio.