Medical Aesthetics Market Overview
The medical aesthetics market is a rapidly growing industry that is focused on improving people's physical appearance through non-invasive or minimally invasive cosmetic procedures. These procedures are typically performed by licensed medical professionals, such as dermatologists or plastic surgeons, and are designed to enhance a person's natural beauty and help them feel more confident in their appearance.
Some of the most popular procedures in the medical aesthetics market include Botox injections, dermal fillers, chemical peels, and laser hair removal. These treatments are often used to reduce the appearance of fine lines and wrinkles, add volume to the lips and cheeks, smooth out skin texture and tone, and remove unwanted hair.
In summary, the medical aesthetics market is a rapidly growing industry that offers a range of non-invasive and minimally invasive cosmetic procedures to improve a person's physical appearance. With advancements in technology and a growing demand for these treatments, the market is expected to continue to expand in the coming years. The Medical Aesthetics Market size was valued worth USD 13.9 billion in 2021 and expected to reach USD 39.1 billion by 2030 at 11.1% CAGR during the forecast period 2022-2030..
Leading Players
Medical Aesthetics Market Players including Syneron Medical, Ltd. (A Part of Apax Partners), Solta Medical (A Division of Valeant Pharmaceuticals International, Inc.), Sinclair Pharma PLC, Sientra, Inc., Medytox, Inc., Merz Aesthetics, Inc. (A Division of Merz Pharma GmbH Co. KGaA), Johnson Johnson, Galderma (A Subsidiary of Nestlé), Fotona D.O.O., El.En. S.P.A., Cutera, Inc., Cynosure (A Wholly Owned Subsidiary of Hologic, Inc.), Anika Therapeutics, Inc., Alma Lasers, Ltd., and Allergan.
Market Segmentations
The MRFR report provides an all-inclusive segmental analysis of the medical aesthetics market on the basis of product and end users.
By product, the global medical aesthetics market is segmented into nail treatment laser devices, thread lift products, tattoo removal devices, hair removal devices, physician-dispensed eyelash products, aesthetic skin devices, physician-dispensed cosmeceuticals and skin lighteners, cosmetic implants, body contouring devices, and facial aesthetic products. The facial aesthetic products segment is again segmented into microdermabrasion devices, chemical peels, dermal fillers, and botulinum toxin. The dermal fillers segment is again segmented into synthetic and natural dermal fillers. The body contouring devices segment is again segmented into liposuction devices, cellulite reduction devices, and non-surgical fat reduction devices. The cosmetic implants segment is again segmented into facial implants, breast implants, and other cosmetic implants. The breast implants market is again segmented into saline breast implants and silicone breast implants. The hair removal devices market is again segmented into IPL hair removal devices and laser hair removal devices. The aesthetic skin devices market is again segmented into light therapy devices, micro-needling products, non-surgical skin tightening devices, and laser skin resurfacing devices. Of these, facial aesthetic products will lead the market during the forecast period.
By end users, the medical aesthetics market is segmented into home care settings, beauty centers, medical spas, hospitals, and clinics. Of this, hospitals will dominate the market during the forecast period
Regional Analysis
By region, the medical aesthetics market report covers the latest trends and growth opportunities across Europe, North America, the Asia Pacific, and the Middle East and Africa. Of these, North America will dominate the market during the forecast period. Factors aiding the growth of the medical aesthetics market in the region include the early adoption of latest medical technologies, growing medical tourism, increasing health awareness, increasing demand for quality healthcare, increasing incidence of skin diseases in the region, and presence of well-established healthcare infrastructure.
The medical aesthetics market in Europe is predicted to have the second-largest share in the market during the forecast period. Factors aiding the growth of the medical aesthetics market in the region include the need for effective and innovative therapies, decline in human health, technological advancements, increase in research expenses, growing elderly population, changing lifestyle, and rising patient population.
The medical aesthetics market in the APAC region is predicted to experience faster growth during the forecast period. Factors aiding the growth of the medical aesthetics market in the region include rising healthcare expenditure, advanced technology, better adoption rate, rising government initiatives, and access to advanced treatment facilities. India, as well as China, are the chief contributors in the region.
The medical aesthetics market in the MEA is predicted to have a small share during the forecast period due to low per capita income and strict government policies.
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