Overview:
Cosmetic procedures include methods that change or uplift the natural look to give a better appearance. However, this procedure has quite a few distractions as people used to be afraid of surgeries. But the minimally-invasive cosmetic procedures are changing the market demography by launching several methods to attract patients. Several procedures like laser hair removal, microdermabrasion, and others have been introduced, due to which the minimally-invasive cosmetic procedures market could witness growth by 6.1% CAGR during the forecast period of 2017 to 2023. Market Research Future (MRFR) is expecting factors would take market past the predicted valuation in the coming years.
Several factors like increasing per capita income, growing awareness regarding the procedure, better market acknowledgment of the procedure, an increasing number of market participants, and others are expected to take the market forward.
Segmentation:
The global minimally-invasive cosmetic procedures market, as per the MRFR report, can be segmented on the basis of procedures, application, products, and end-user. This segmentation helps a lot in getting information regarding various factors that can be used in taking the global market ahead.
Based on procedures, the minimally-invasive cosmetic procedures market includes soft tissue fillers, botulinum toxins, laser hair removal, chemical peel, microdermabrasion, and others.
Based on products, the minimally-invasive cosmetic procedures market comprises hair removal laser, microdermabrasion products, botulinum toxins, and others. The microdermabrasion products segment covers microdermabrasion crystals, microdermabrasion creams & scrubs, microdermabrasion tips, and others. The microdermabrasion crystals segment covers sodium bicarbonate crystals, aluminum oxide crystals, and others. The hair removal laser segment includes diode laser, Nd: YAG laser, and others. The botulinum toxins segment has rimabotulinumtoxin B, onabotulinumtoxin A, incobotulinumtoxin A, and others.
By application, the minimally-invasive cosmetic procedures market includes acne & trauma scars, adipose tissue regeneration, hyperpigmentation, and others.
Based on end-users, the minimally-invasive cosmetic procedures market includes home care, hospitals, dermatology clinics, and others.
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Regional Analysis:
The Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are regions that can be included in the global market study of the minimally-invasive cosmetic procedures market. This study has its focus on various regional dynamics that can impact these markets in the coming years.
The Americas has better infrastructure and high expenditure capacity. The region is also technologically-advanced and setups always include the latest models or equipment to gain better advantage in the market. This can be taken as huge traction for the market. At the same time, growing awareness regarding the procedure can impact the global market. The regional awareness regarding skin diseases such as actinic keratosis, acne, and others could make a substantial change in the coming years.
Europe holds the second spot in the global market and can achieve substantial traction in the coming years. Several countries from the region like Italy, the U.K., France, and others are expected to make sure that the regional market go ahead with substantial market dominance.
The APAC market holds substantial promise for the regional market, which they can manifest by increasing their investment in the market. India and China are expected to increase their market expenditure. The massive population is also generating high demand for various aesthetic procedures that can be taken in stride of the market flow.
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Competitive Landscape:
Prominent companies are expressing their interest in taking the global minimally-invasive cosmetic procedures market as they have realized the high potential of the market in terms of return of interest. These companies have been profiled by MRFR for a better analysis of the flow of the global market. These companies are Procter & Gamble (U.S.), Johnson & Johnson Services Inc. (U.S.), Altair Instruments (U.S.), Koninklijke Philips N.V. (The Netherlands), Advanced Microderm, Inc. (U.S.), Silhouet-Tone (Canada), Lasertec Medical Service (U.K), Dermaglow (U.S.), Ipsen Group (France), New Shining Image LLC. (U.S.), Allergan Plc (Republic of Ireland), Delasco (U.S.), Cutera (U.S.), and others.
In recent times, lip augmentation treatment is a sector that is gaining strong traction due to the growing investment from patients. People are preferring minimally invasive methods to get it done without much hassle. This can trigger the global minimally-invasive cosmetic procedures market growth in the coming years.
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