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Medical Aesthetics Market Future Growth by Product Scope, Global Trends by Application, Industry Key Drivers Latest Adaptations Increasing Market Size, Share and Advancements 2019 – 2023

June 10th, 2019 Market Research Future Releases

Medical Aesthetics Market Poised to Have a Satisfactory Growth in future. Medical aesthetics is a method that utilizes minimal invasive treatments that aid to improve the physical appearance of a person with the use of beauty services and healthcare along with laser or any other energy-based device.

It comprises of a wide array of treatments and solutions which fulfil the aesthetic requirements of a person for skin tightening, botulinum toxin, body contours & firming, skin rejuvenation and oxygenation, scar treatment, stretch marks, fat reduction, wrinkle and fine lines reduction

The Global Medical Aesthetics Market is predicted to have a promising growth at a Favorable 11% CAGR over the estimated years (2018-2023).

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There are abundant factors that is propelling the growth of the medical aesthetics market. These factors as per the MRFR (Market Research Future) report include laser technology advancements, numerous health benefits related to medical aesthetic procedures, preference for non-surgical procedures over surgical, growing awareness amid consumers, growing aging population, availability of user-friendly and technologically advanced products, increasing need for aesthetic treatments amid men and favorable government policies especially for startup companies.

Medical Aesthetics Market Key Players

Leading players profiled in the medical aesthetics market include 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., Cynosure (A Wholly Owned Subsidiary of Hologic, Inc.), Cutera, Inc., Anika Therapeutics, Inc., Alma Lasers, Ltd. (A Division of Sisram Medical Ltd.), Allergan and others.

On the contrary, high treatment cost, lack of reimbursements, complications and clinical risks related to medical aesthetic procedures, hindrances and societal stigmas associated with such procedures and increasing adoption and availability of other cosmetic and beauty products are factors that may restrict medical aesthetics market growth.

Medical Aesthetics Market Segmentation

MRFR report offers a broad segmental analysis of the medical aesthetics market on the basis of products and end users.

Based on products, it 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 skin lighteners and cosmeceuticals, cosmetic implants, body contouring devices and facial aesthetic products. Facial aesthetic products are further segmented into microdermabrasion devices, chemical peels, dermal fillers and botulinum toxin. Dermal fillers are further segmented into synthetic and natural dermal fillers. Body contouring devices are further segmented into liposuction devices, cellulite reduction devices and fat reduction devices. Cosmetic implants are further segmented into facial implants, breast implants and other forms of cosmetic implants. Breast implants are again segmented into saline breast implants and silicone breast implants. Skin aesthetics devices are further segmented into light therapy devices, micro-needling products, non-surgical skin tightening devices and laser skin resurfacing devices. Hair removal devices are further segmented into IPL hair removal devices and laser hair removal devices. Of these, facial aesthetic products are anticipated to have the largest share in the market over the estimated years owing to burgeoning demand for facial aesthetic treatments, rising geriatric population and increasing spending capabilities and income.

Based on end user, the medical aesthetics market is segmented into home care settings, beauty centers, clinics, hospitals & medical spas. Of these, clinics, hospitals & medical spas are expected to lead the market and grow at the fastest pace. Factors leading to the growth include high accessibility of infrastructural and financial resources with hospitals such as skilled professionals and trained staff performing aesthetic procedures and growing number of medical spas and clinics.

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Medical Aesthetics Market Regional Analysis

By region, the medical aesthetics market covers growth opportunities and latest trends across Americas, Europe, Asia Pacific and Middle East and Africa.

The Americas will have a mammoth share in the market over the estimated years owing to medical tourism, advancement in technology and increasing health awareness. The US is the key contributor here owing to the growing prevalence of skin diseases, highly developed healthcare infrastructure, increasing use of advanced technologies and soaring demand for quality healthcare.

The medical aesthetics market in Europe will have the second major share owing to growing elderly population, changing lifestyle and rising patient population.

In the APAC region, the medical aesthetics market is expected to grow at the fastest pace over the predicted years owing to favorable healthcare schemes created by government agencies, growing healthcare expenditure, healthcare reforms for development of infrastructure, rising demand for high-end and advanced technologies and growing elderly population. Quality assurance of diagnostic techniques and awareness programs have added significance in developing economies of India, Sri Lanka, China, Taiwan and Korea.

On the other hand, the medical aesthetics market in the Middle East and Africa will have a minimal share in the market owing to low per-capita income and stringent government policies.

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Market Structure For Global Medical Aesthetics Market

Figure 3 Market Dynamics For Global Medical Aesthetics Market

Figure 4 Global Medical Aesthetics Market Share, By Product, 2017

Figure 5 Global Medical Aesthetics Market, By End-Users, 2018–2023 (USD Million)

Figure 6 Global Medical Aesthetics Market Share, By Region, 2017

Figure 7 North America: Medical Aesthetics Market Share, By Country, 2017

Figure 8 Europe: Medical Aesthetics Market Share, By Country, 2017

Figure 9 Asia-Pacific: Medical Aesthetics Market Share, By Country, 2017

Figure 10 Middle East & Africa: Medical Aesthetics Market Share, By Country, 2017

Figure 11 Global Medical Aesthetics Market: Company Share Analysis, 2017 (%)

Figure 12 Allergan: Key Financials

…to be continued.

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– Leading global aesthetic healthcare player, Novena Global Lifecare has joined hands with Elite Dental Group and Calvin Chan Aesthetic and Laser Clinic. This partnership will help in the creation of novel concepts for cost-effective aesthetics and turbocharging the global footprint of the group in the dental and medical space.

About Market Research Future: Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future

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Email: sales@marketresearchfuture.com

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