Skin Tightening Market Size, Trends and Growth Analysis by 2027

The global market for skin tightening is projected to grow significantly, reaching approximately US$ 2,350.22 million by 2027, up from US$ 1,350.40 million in 2019. This growth trajectory indicates a compound annual growth rate (CAGR) of 7.3% from 2020 to 2027.

Several key factors are driving this market expansion, including an increase in cosmetic procedures and a rising aging population. However, the high costs associated with cosmetic treatments may hinder market growth to some extent during the forecast period.

Skin tightening procedures are cosmetic interventions aimed at enhancing the external appearance of various body areas, including the face and abdomen. These procedures can be classified as non-invasive or minimally invasive, typically resulting in fewer complications and quicker recovery times. Common devices utilized in skin tightening treatments include radiofrequency devices, intense pulsed light, and ultrasound devices designed for home use.

As individuals age, the body experiences a decline in essential proteins such as collagen, elastin, and hyaluronic acid, which are crucial for maintaining the skin's structure and firmness. A decrease in these proteins leads to thinner, sagging skin, prompting many older adults to seek skin tightening solutions. According to the World Health Organization (WHO), the global population aged 60 and above is expected to reach 2 billion by 2050, up from 900 million in 2015. Furthermore, it is estimated that there will be around 434 million individuals aged 80 years or older by 2050. This demographic shift is likely to increase the demand for skin tightening procedures, thereby driving market growth during the forecast period.

When examining the market by product type, the radiofrequency segment held the largest market share in 2019. In contrast, the laser skin tightening segment is anticipated to experience the fastest growth rate during the forecast period. The surge in the laser tightening segment can be attributed to the growing popularity of this method, which offers numerous advantages, including the ability to address various skin issues such as acne, fine lines, wrinkles, and scarring. Additionally, the user-friendly nature of these devices makes them appealing for healthcare professionals globally, further propelling the segment's growth.

The onset of the COVID-19 pandemic, which was first identified in December 2019 in Wuhan, China, has led to significant disruptions across global supply chains, consumer markets, and the overall economy. As healthcare systems prioritize the treatment of COVID-19 patients, the demand for skin tightening procedures has seen a decline worldwide.

In preparing this report, various reputable secondary sources were consulted, including the International Society of Aesthetic Plastic Surgery (ISAPS), the World Health Organization (WHO), the European Union (EU), the Organization for Economic Co-operation and Development, the Emirates Standardization and Meteorological Authority (ESMA), the British Association of Aesthetic Plastic Surgeons (BAAPS), the US Food and Drug Administration (FDA), and the Japan TB Surveillance System.

In conclusion, the skin tightening market is poised for substantial growth, driven by an aging population and increasing interest in cosmetic procedures. While challenges such as high treatment costs and the impact of the COVID-19 pandemic may pose obstacles, the overall outlook remains positive, particularly for innovative technologies like laser treatments that are gaining traction among consumers and professionals alike.