New York, Dec. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Skin Tightening Industry” – https://www.reportlinker.com/p06032890/?utm_source=GNW
5% over the analysis period 2020-2027. Radio Frequency Skin Tightening, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Laser Skin Tightening segment is readjusted to a revised 8.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 10.7% CAGR
The Skin Tightening market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$968.7 Million by the year 2027.
Ultrasound Skin Tightening Segment to Record 6.4% CAGR
In the global Ultrasound Skin Tightening segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment. These…
