Medical Aesthetics Market Size and Share Analysis By Product (Facial Aesthetic, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, Tattoo Removal Devices), Technology (Invasive, Non-Invasive, Minimally Invasive), End User (Hospitals & Clinics, Dermatology & Cosmetic Centers) – Forecast till 2030
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. The products that are available in the current market are both user-friendly and technologically advanced that will help the companies to expand and benefit the target audience that is available in the global scenario.
Cosmetics and plastic products have increased by a percentage of 5.4%. The previous ten years have seen a very rapid rise in popularity of medical aesthetic operations. As there are more service providers, such as doctors and surgeons, selecting invasive and noninvasive aesthetic procedures over traditional approaches, the need is increasing significantly. These procedures frequently have a number of benefits, including a reduction in discomfort, less scars, and a promise of a speedier recovery time. Additionally, these methods are more cost-effective when compared.
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Market Segmentation
The end user, technology, and product segments of the medical aesthetics industry have been identified. The market is divided into three groups based on the end-user segment: dermatology and cosmetic centres, hospitals and clinics, and others. Based on technique, the global market for medical aesthetics is further divided into invasive, minimally invasive, and non-invasive categories. Additionally, the market is divided into categories based on product, including those for body contouring, cosmetic implants, facial aesthetics, hair removal, skin aesthetics, and tattoo removal.
Based on a segmentation analysis of these end users, technology, and product divisions, the global market of medical aesthetics research report examines every facet of the medical aesthetics industry. Regional marketplaces for the global market of medical aesthetics, which are distributed across numerous continents and nations, have also been researched by analysts. Companies operating in the market of medical aesthetics across these segments are profiled and analysed based on input and feedback from decision makers based in the market of medical aesthetics as well as primary and secondary sources. The end user, technology, and product segments along with their sub-segments have been analysed. The market of medical aesthetics research study provides information for businesses operating in the market of medical aesthetics that is analysis-based.
Regional Analysis
The market expansion for medical aesthetics may be hampered by the growing worries about adverse effects. According to the market research analysis, businesses in the medical aesthetics market may benefit from the rising demand for cosmetic operations linked to anti-aging as well as beauty treatments throughout the course of the projected year. These crucial reasons will cause the medical aesthetics market to expand at a rapid CAGR. The medical aesthetics market is widespread around the world, including in North America, Europe, Asia-Pacific, and other regions. The APAC, North America, and Europe regional medical aesthetics markets will dominate the global market for medical aesthetics from 2020 to 2027, according to the global medical aesthetics market research report. The market for medical aesthetics in North America, which includes the United States, Canada, Mexico, and many other regional markets, is expected to have rapid expansion in both the invasive and dermatology & cosmetic centres categories.
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Germany, Italy, France, and the United Kingdom are smaller market segments of the European medical aesthetics industry. The medical aesthetics market research study also includes information on the markets in the Asia-Pacific region, including those in India, China, Japan, Australia, and other countries. The rest of the world has a sizable market for medical aesthetics. All of these areas are included in the medical aesthetics market report, including the Middle East, Africa, Brazil, and others.
Key Players
Galderma Laboratories, L.P (US)., Allergan plc (Ireland), Merz Pharmaceuticals GmbH (Germany), Lumenis (Israel), and Bausch Health (US) are the major companies in the market.
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