The Aesthetic Thread Market is estimated to be valued at US$ 121.4 Mn in 2022 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
The Aesthetic Thread Market refers to the market for aesthetic threads, which are used in minimally invasive procedures for skin tightening, lifting, and rejuvenation. These threads are made of biocompatible materials and are inserted into the skin to stimulate collagen production and lift sagging skin. Aesthetic threads are widely used in the cosmetic industry due to their effectiveness and minimal downtime. The market is driven by the increasing demand for non-surgical procedures, as they offer quick and visible results without the need for invasive surgery. The growing beauty consciousness among people, coupled with advancements in thread technology, is also contributing to the market growth.
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Competitive Analysis
Key players profiled in the report: Menarini Group, N-Finders Co. Ltd., 1st SurgiConcept, River Aesthetics, Aesthetic Experts Lab, Metro Korea Co. Ltd., Healux Corporation, Croma Pharma GmbH, Aptos International Ltd., and Sinclair Pharma (Huadong Medicine CO., LTD.), among others.
Market Dynamics:
The Aesthetic Thread Market is primarily driven by two key factors. Firstly, the rising demand for non-surgical procedures is fueling the market growth. People are increasingly opting for minimally invasive treatments to enhance their appearance without undergoing surgery. Aesthetic threads provide a safe and effective alternative to traditional surgical procedures, making them highly popular among consumers. Secondly, the growing beauty consciousness among people is driving the market. With the influence of social media and the desire to look younger and more attractive, individuals are seeking various aesthetic treatments, including thread lifting. This trend is further supported by advancements in thread technology, which have led to the development of innovative products with improved efficacy and safety profiles.
In conclusion, the Aesthetic Thread Market is expected to witness high growth due to the increasing demand for non-surgical procedures and the growing beauty consciousness among people. These factors, combined with advancements in thread technology, are driving the market forward
Two Market Drivers for the Aesthetic Thread Market
- Increasing Demand for Non-Surgical Aesthetic Procedures
The aesthetic thread market is being driven by the growing demand for non-surgical aesthetic procedures. Many individuals are seeking alternatives to invasive surgical methods for achieving a more youthful appearance, as they are often accompanied by prolonged recovery times and potential complications. Non-surgical aesthetic procedures, such as thread lifting, offer a less invasive and more convenient option for those looking for a quick fix.
Thread lifting involves the insertion of dissolvable sutures under the skin, which are then used to lift and tighten sagging facial tissue. This procedure can provide immediate results and has a shorter recovery time compared to surgery, making it an appealing choice for many individuals. Moreover, it is often seen as a less risky option compared to surgical facelifts.
With advancements in technology and the development of innovative thread materials, the aesthetic thread market is witnessing a surge in demand. The availability of various thread types, such as polydioxanone (PDO) threads and polylactic acid (PLA) threads, has widened the range of treatment options for both patients and practitioners.
- Growing Aging Population and Focus on Youthful Appearance
The global aging population is another significant driver for the aesthetic thread market. As people age, their skin loses elasticity and produces less collagen, resulting in sagging skin and wrinkles. The desire to maintain a youthful appearance continues to drive the demand for aesthetic procedures, including thread lifting.
Aging baby boomers, in particular, are a key demographic contributing to the growth of the aesthetic thread market. This generation seeks to maintain an active and youthful lifestyle as they enter their golden years. Thread lifting offers them a non-invasive solution to combat the signs of aging, helping to boost their confidence and self-esteem.
Furthermore, the social and professional pressure to appear youthful is also driving the demand for aesthetic procedures. As individuals face a highly competitive job market and strive to maintain their social status, they are more inclined to invest in procedures that enhance their appearance. Aesthetic threads provide a way to achieve a refreshed and rejuvenated look without going under the knife, making them an attractive option for both men and women.
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Two Market Restraints for the Aesthetic Thread Market
- Limited Awareness and Education
One of the major restraints for the aesthetic thread market is the limited awareness and education among potential customers. Many individuals are unaware of the existence and effectiveness of thread lifting as a non-surgical option. In addition, there is a lack of understanding regarding the risks, benefits, and longevity of the results associated with thread lifting.
To overcome this restraint, there is a need for increased awareness campaigns and educational initiatives targeting both consumers and healthcare professionals. By clarifying the advantages of thread lifting and addressing common misconceptions, the market can expand its customer base and increase demand.
- High Costs and Affordability Concerns
Another restraint faced by the aesthetic thread market is the high costs associated with thread lifting procedures. Compared to other non-surgical treatments such as dermal fillers or Botox, which require regular maintenance and sessions, thread lifting is a more costly upfront investment.
This high cost may deter potential customers, especially those with more limited financial resources. Affordability concerns can limit the market’s growth and lead to a smaller customer base.
To address this issue, manufacturers and practitioners need to explore cost-effective options and develop pricing strategies that make thread lifting more accessible to a wider range of individuals. This could include the development of more affordable thread variations or the introduction of financing options for those who cannot afford to pay the full amount upfront.
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