Global Medical Aesthetics Market
Global Medical Aesthetics was valued at US$ 61.23 Billion in 2021, estimated to reach US$ 112.84 Billion in 2027, with a CAGR 8.33% from 2022-2027.
A wide word for specialisations and a field of medicine which focus on enlightening the appearance of cosmetic products by treating scars, skin laxity, wrinkles, moles, discoloration and liver spots is Aesthetic medicine. Dermatology, oral and maxillofacial surgery, reconstructive surgery, and plastic surgery included in Standard inclusions.
Market Drivers
One of the main factors that drive the growth of Medical Aesthetics Market is rising number of service providers like doctors and surgeons and adoption of slightly invasive and non-invasive aesthetic procedures instead of traditional surgical procedures.
Also there has been a growing demand and utilization of home-use aesthetic devices because of their easy accessibility through several distribution channels like retail stores, spas, and online stores.
Moreover, invention in Technology, a Rising number of Expert Surgeons, and Augmented Demand for Aging-Related Aesthetic Treatments boost the growth of Global Medical Aesthetics Market.
Market Restraints
There are numerous possible side effects of using medical aesthetic procedures is one of the major restraining factors for the growth of Medical Aesthetics Market. The patients who are looking for the treatment has to face a variety of risks and complications which follow the same throughout the procedure.
Market Segmentation
Medical Aesthetics Market is segmented into major 4 categories. Based on Product Type, the market is divided into Aesthetic Lasers, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices. Based on End User, the market is segmented into Cosmetic Centers, Dermatology Clinics, Hospitals, Medical Spas and Beauty Centers. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
The North American region is expected to dominate the global Medical Aesthetics market growth owing to the large volume of aesthetic procedures executed, development in the geriatric population, increasing disposable income, growing awareness, and favourable government funding for healthcare infrastructure.
The APAC region will also witness maximum growth throughout the forecast period due to the increasing consumer knowledge and the growing interest in procedures backed with the efforts to strengthen the local economies.
Market Key Players
Some of the key players operating in Global Medical Aesthetics Market are Anika Therapeutics, Inc. (U.S.), Cutera, Inc. (U.S.), Galderma SA (Switzerland), El.En. S.p.A. (Italy), Merz Pharma GmbH & Co. KGaA (Germany), Cynosure Inc. (U.S.), Mentor Worldwide LLC (U.S.), Allergan plc (Ireland), Alma Lasers (Israel), Fotona D.O.O (Slovenia).
Industry development
In June 2022, Cynosure launched PicoSure Pro, its latest upgrade to the PicoSure platform
In October 2020, Cynosure Announced the US and Canadian launch of FlexSure.
In June 2020, Cynosure launched the Elite iQ Aesthetic Workstation for laser hair removal and skin revitalization in the US, Europe, and Australia.
In February 2021, Allergan acquired by AbbVie received FDA approval for Botox to treat detrusor hyperactivity in patients five and older.
In August 2021, Bausch Health Companies Inc. and its Solta Medical business introduced Clear + Brilliant Touch laser in the US.
At the beginning of 2019, which is the pre-pandemic time, a prominent market player HRA Pharma that has its headquarters in France came forward and acquired a prominent German company. The name of the company was Merz. The main aim behind this acquisition is to take a step forward towards enhancing the company’s product portfolio in surgical medical aesthetics especially during the ongoing forecast period that ends.
Global Medical Aesthetics Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Medical Aesthetics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medical Aesthetics Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Medical Aesthetics Market Share Analysis, By Product Type
5.3 Global Medical Aesthetics Market Size and Forecast, By Product Type
5.3.1 Aesthetic Lasers
5.3.2 Energy Devices
5.3.3 Body Contouring Devices
5.3.4 Facial Aesthetic Devices
5.3.5 Aesthetic Implants
5.3.6 Skin Aesthetic Devices
6 Global Medical Aesthetics Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Medical Aesthetics Market Share Analysis, By End User
6.3 Global Medical Aesthetics Market Size and Forecast, By End User
6.3.1 Cosmetic Centers
6.3.2 Dermatology Clinics
6.3.3 Medical Spas and Beauty Centers
6.3.4 Hospitals
7 Global Medical Aesthetics Market, By Region
7.1 Global Medical Aesthetics Market Share Analysis, By Region
7.2 Global Medical Aesthetics Market Share Analysis, By Region
7.3 Global Medical Aesthetics Market Size and Forecast, By Region
8 North America Global Medical Aesthetics Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Medical Aesthetics Market Share Analysis, By Product Type
8.3 North America Global Medical Aesthetics Market Size and Forecast, By End User
8.4 North America Global Medical Aesthetics Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Medical Aesthetics Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Medical Aesthetics Market Share Analysis, By Product Type
9.3 Europe Global Medical Aesthetics Market Size and Forecast, By End User
9.4 Europe Global Medical Aesthetics Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Medical Aesthetics Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Medical Aesthetics Market Share Analysis, By Product Type
10.3 Asia Pacific Global Medical Aesthetics Market Size and Forecast, By End User
10.4 Asia Pacific Global Medical Aesthetics Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Medical Aesthetics Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Medical Aesthetics Market Share Analysis, By Product Type
11.3 Latin America Global Medical Aesthetics Market Size and Forecast, By End User
11.4 Latin America Global Medical Aesthetics Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Medical Aesthetics Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Medical Aesthetics Market Share Analysis, By Product Type
12.3 Middle East Global Medical Aesthetics Market Size and Forecast, By End User
12.4 Middle East Global Medical Aesthetics Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Anika Therapeutics, Inc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Cutera, Inc.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Galderma SA
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 El.En. S.p.A.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Merz Pharma GmbH & Co. KGaA
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Cynosure Inc.
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Mentor Worldwide LLC
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Allergan plc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Alma Lasers
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Fotona D.O.O
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
