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Global Medical Aesthetics Market Size, Trends & Growth Opportunity, By Product, By End User, and By Region and Forecast till 2027.

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    Report

  • February 2022
  • Region: Global
  • Qualiket Research
  • ID: 5548477
UP TO OFF until Jan 13th 2023
Medical Aesthetics Market size was valued at USD 11.41 Billion in 2020 and is projected to reach USD 27.55 Billion by 2027, growing at a CAGR of 10.6% from 2021 to 2027.



Medical Aesthetics is a branch of medicine that focuses on procedures and techniques to improve and enhance the skin's appearance, texture, and contours. This branch treats scars, moles, liver spots, excess fat, wrinkles, skin looseness, unwanted hair, cellulite, poker, and skin discoloration. Dermatology, oral and maxillofacial surgery, reconstructive surgery, and plastic surgery are all traditionally included.

Drivers:

The increasing adoption of aesthetic procedures among geriatric individuals around the world is one of the major factors driving the medical aesthetics market's growth. The adoption of minimally invasive and noninvasive aesthetic procedures, which have a faster recovery time, less pain, and shorter hospital stays, as well as the availability of technologically advanced and user-friendly products, is propelling the market forward. The market is also influenced by rising disposable incomes and the growing middle-class population, as well as the introduction of technologically advanced products such as non-invasive body contouring systems.

Restraints:

Medical aesthetic procedures, on the other hand, are linked to a variety of potential side effects. Aesthetic treatment patients may face a number of risks and complications after or during the procedure.

Impact of Covid-19

The COVID-19 pandemic has had a major impact on the medical aesthetics industry. The beauty and luxury industry is dealing with issues in its manufacturing and supply chain, such as getting products to end users on time and dealing with uneven demand for products and services. The market is experiencing short-term negative growth as a result of the lockdown, which can be attributed to factors like a drop in product demand from major end users, limited operations in most industries, temporary closure of major end-user facilities (including beauty centres and spas), disrupted supply chain, and challenges in providing essential/post-sales services.

Market Segmentation

  • Segmentation By Product: Global Medical Aesthetics Market is classified on the basis of Product into Facial Aesthetic Products, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Thread Lift Products, Physician-dispensed Eyelash Products, and Nail Treatment Laser Devices.
  • Segmentation By End-User: Global Medical Aesthetics Market is classified on the basis of End-User into Clinics, Hospitals, and Medical Spas, Beauty Centers, and Home Care.
  • Segmentation By Region: Global Medical Aesthetics Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape: The key players of Global Medical Aesthetics Market are Allergan-AbbVie (US), Alma Lasers, Ltd. (Israel), Anika Therapeutics (US), Cutera, Inc. (US), Cynosure (US), El.En. S.p.A. (Italy), Fotona d.o.o. (Slovenia), Galderma (Switzerland), Johnson & Johnson (US), and Merz Pharma GmbH & Co. KGaA (Germany).

Industrial Development

  • Lumenis launched its NuEra tight product line in 2018, which is a temperature control technology for skin smoothing through the use of Radio Frequency.
  • In January 2019, HRA Pharma (France) acquired Merz (Germany) to expand its surgical medical aesthetics product portfolio.
  • In 2019, the FDA approved Jeuveau, a product that works similarly to Botox but is less expensive. It has been discovered that the product is effective in reducing wrinkles.
  • In February 2020, Sisram Medical Ltd (Alma Lasers) introduced ClearSkin PRO, a ground-breaking applicator with twice the power of previous solutions, resulting in skin that appears visibly younger.
  • In November 2020, AbbVie (US) acquired Allergan (Ireland) to form Allergan Aesthetics, a global segment dedicated to medical aesthetics.

Market Taxonomy


By Product

  • Facial Aesthetic Products
  • Body Contouring Devices
  • Cosmetic Implants
  • Hair Removal Devices
  • Skin Aesthetic Devices
  • Tattoo Removal Devices
  • Thread Lift Products
  • Physician-dispensed Cosmeceuticals and Skin Lighteners
  • Physician-dispensed Eyelash Products
  • Nail Treatment Laser Devices

By End User

  • Clinics, Hospitals, and Medical Spas
  • Beauty Centers
  • Home Care

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Medical Aesthetics Market?
  • What will be the growth rate from 2020 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
Frequently Asked Questions about the Global Medical Aesthetics Market

What is the estimated value of the Global Medical Aesthetics Market?

The Global Medical Aesthetics Market was estimated to be valued at $24.3 Billion in 2020.

What is the growth rate of the Global Medical Aesthetics Market?

The growth rate of the Global Medical Aesthetics Market is 6.2%, with an estimated value of $37 Billion by 2027.

What is the forecasted size of the Global Medical Aesthetics Market?

The Global Medical Aesthetics Market is estimated to be worth $37 Billion by 2027.

Who are the key companies in the Global Medical Aesthetics Market?

Key companies in the Global Medical Aesthetics Market include Allergan, AbbVie (US), Alma Lasers Ltd. (Israel), Anika Therapeutics (US), Cutera Inc. (US), Cynosure (US), El.En. S.p.A. (Italy), Fotona d.o.o. (Slovenia) and Johnson & Johnson (US).

Table of Contents

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 Sources
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 Medical Aesthetics Market Share Analysis, By Product Type
5.3 Medical Aesthetics Market Size and Forecast, By Product Type
5.3.1 Facial Aesthetic Products
5.3.2 Body Contouring Devices
5.3.3 Cosmetic Implants
5.3.4 Hair Removal Devices
5.3.5 Skin Aesthetic Devices
5.3.6 Tattoo Removal Devices
5.3.7 Thread Lift Products
5.3.8 Physician-dispensed Cosmeceuticals and Skin Lighteners
5.3.9 Physician-dispensed Eyelash Products
5.3.10 Nail Treatment Laser Devices
6. Global Medical Aesthetics Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Medical Aesthetics Market Share Analysis, By End-User
6.3 Medical Aesthetics Market Size and Forecast, By End-User
6.3.1 Clinics, Hospitals, and Medical Spas
6.3.2 Beauty Centers
6.3.3 Home Care
7. Global Medical Aesthetics Market, By Region
7.1 Medical Aesthetics Market Share Analysis, By Region
7.2 Medical Aesthetics Market Size and Forecast, By Region
7.3 Medical Aesthetics Market Size and Forecast, By Region
8. North America Medical Aesthetics Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Medical Aesthetics Market Share Analysis, By Product Type
8.3 North America Medical Aesthetics Market Size and Forecast, By End-User
8.4 North America Medical Aesthetics Market Size and Forecast, By Country
8.4.1 US
8.4.2 Canada
9. Europe Medical Aesthetics Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Medical Aesthetics Market Share Analysis, By Product Type
9.3 Europe Medical Aesthetics Market Size and Forecast, By End-User
9.4 Europe Medical Aesthetics Market Size and Forecast, By Country
9.4.1 UK
9.4.2 Germany
9.4.3 France
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherland
10. Asia Pacific Medical Aesthetics Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Medical Aesthetics Market Share Analysis, By Product Type
10.3 Asia Pacific Medical Aesthetics Market Size and Forecast, By End-User
10.4 Asia Pacific Medical Aesthetics Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia
11. Latin America Medical Aesthetics Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Medical Aesthetics Market Share Analysis, By Product Type
11.3 Latin America Medical Aesthetics Market Size and Forecast, By End-User
11.4 Latin America Medical Aesthetics Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East & Africa Medical Aesthetics Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East & Africa Medical Aesthetics Market Share Analysis, By Product Type
12.3 Middle East & Africa Medical Aesthetics Market Size and Forecast, By End-User
12.4 Middle East & Africa 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 Allergan-AbbVie (US)
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 Alma Lasers, Ltd. (Israel)
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 Anika Therapeutics (US)
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 Cutera, Inc. (US)
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 Johnson & Johnson (US)
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 Merz Pharma GmbH & Co. KGaA (Germany)
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

Companies Mentioned

  • Allergan-AbbVie (US)
  • Alma Lasers Ltd. (Israel)
  • Anika Therapeutics (US)
  • Cutera Inc. (US)
  • Cynosure (US)
  • El.En. S.p.A. (Italy)
  • Fotona d.o.o. (Slovenia)
  • Galderma (Switzerland)
  • Johnson & Johnson (US)
  • Merz Pharma GmbH & Co. KGaA (Germany).