The global medical aesthetics market size reached US$ 15.4 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 26.9 Billion by 2028, exhibiting a growth rate (CAGR) of 9.49% during 2023-2028.
Medical aesthetics involves the usage of different medical procedures, such as facial injectables, photo facials, body contouring and cellulite treatment, laser hair removal, and cosmetic surgery. It is performed by qualified doctors to repair the skin and improve the cosmetic appearance of an individual. As it is quick, safe, effective, minimally invasive, requires little downtime, minimizes aging, enhances the natural look, and offers a long-lasting impact, medical aesthetics finds extensive applications in hospitals, clinics, medical spas, and beauty centers worldwide.
Medical aesthetics involves the usage of different medical procedures, such as facial injectables, photo facials, body contouring and cellulite treatment, laser hair removal, and cosmetic surgery. It is performed by qualified doctors to repair the skin and improve the cosmetic appearance of an individual. As it is quick, safe, effective, minimally invasive, requires little downtime, minimizes aging, enhances the natural look, and offers a long-lasting impact, medical aesthetics finds extensive applications in hospitals, clinics, medical spas, and beauty centers worldwide.
Medical Aesthetics Market Trends:
At present, there is a rise in the utilization of minimally invasive and non-invasive aesthetic procedures across the globe. This, along with the rising awareness among individuals about medical aesthetics, represents one of the key factors driving the market. Moreover, the wide availability of technologically advanced and user-friendly products is bolstering the growth of the market. In addition, there is an increase in the number of doctors and surgeons providing safe and effective medical aesthetic treatments around the world. This, coupled with various advantages over traditional surgical procedures, such as less pain, reduced scarring, and quicker recovery, is positively influencing the market. Besides this, the growing trend of medical tourism due to the high quality of service and health insurance portability is catalyzing the demand for medical aesthetics. Additionally, the growing prevalence of congenital anomalies of the face is offering lucrative growth opportunities to industry players. These players are also extensively investing in research and development (R&D) activities to propel their overall sales and profitability. Apart from this, governments of several countries are undertaking initiatives to promote awareness programs, which is escalating the demand for medical aesthetics.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global medical aesthetics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and end user.Breakup by Product:
- Devices
- Aesthetic Implants
Breakup by Application:
- Surgical
- Non Surgical
Breakup by End User:
- Hospitals and Clinics
- Medical Spas and Beauty Centers
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A.R.C. Laser Gmbh, AbbVie Inc., Alma Lasers Ltd., Bausch Health Companies Inc., Cutera Inc., Cynosure, El.En. S.p.A., Fotona d.o.o., Johnson & Johnson, Lutronic, Merz Pharma GmbH & Co. KGaA and Venus Concept.Key Questions Answered in This Report:
- What was the size of the global medical aesthetics market in 2022?
- What is the expected growth rate of the global medical aesthetics market during 2023-2028?
- What has been the impact of COVID-19 on the global medical aesthetics market?
- What are the key factors driving the global medical aesthetics market?
- What is the breakup of the global medical aesthetics market based on the product?
- What is the breakup of the global medical aesthetics market based on the application?
- What is the breakup of the global medical aesthetics market based on the end user?
- What are the key regions in the global medical aesthetics market?
- Who are the key players/companies in the global medical aesthetics market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Medical Aesthetics Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- A.R.C. Laser Gmbh
- AbbVie Inc.
- Alma Lasers Ltd.
- Bausch Health Companies Inc.
- Cutera Inc.
- Cynosure
- El.En. S.p.A.
- Fotona d.o.o.
- Johnson & Johnson
- Lutronic
- Merz Pharma GmbH & Co. KGaA and Venus Concept.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 144 |
Published | May 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 15.4 Billion |
Forecasted Market Value ( USD | $ 26.9 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |