The global aesthetic medicine market is expected to reach USD 28.32 Billion by 2028, according to a new report by Reports and Data. Aesthetic Medicine is an emerging field intended for the use of minimally cosmetic invasive and non-invasive treatments to improve patients’ contentment with their physical appearance.
Increase in demand for non-invasive cosmetic surgeries, growing incidences accidents and trauma cases, rising prevalence of congenital face and tooth abnormalities, technological innovations, growth in aesthetic awareness programs, including breast reconstructive awareness campaign (launched in the U.S.), high incidence of breast cancer, and rise in number of cosmetology surgeons are anticipated to propel the market growth during the forecast period.
Advancements in surgical along with non-surgical aesthetic treatments is expected to drive the market demand in the upcoming years. Accessibility of advanced aesthetic devices that provide effective, time-saving and minimally invasive treatment is likely to be causative of the increasing acceptance of such devices. Massive investments in R&D to come up with innovative products and technology is further forecasted to drive market growth.
Increasing demand for aesthetic treatment among the rapidly growing elderly population base will also serve a significant driver to the market. The American Society of Plastic Surgeons studied that, in 2016, approximately 85,000 facelift procedures were performed in the U.S. population aged 55 years and above. Besides, increasing prevalence of obesity in developed, as well as developing countries, will boost the demand for body contouring procedures and as a result propelling the market growth.
The high cost of aesthetic treatment, as well as poor reimbursement coverage, may create hindrances in the growth of the market during the forecast period.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Allergan Inc., Galderma SA, Alma Laser, Cynosure, Johnson & Johnson, Lumebis, Solta Medical Inc, Syneron Medical Ltd., Hologic Inc., and Dentsply Sirona Inc. among others.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
On basis of product types and application offered by the Aesthetic Medicine industry, the market is segmented into:
Product Type Outlook (Revenue, USD Million; 2020-2028)
- Energy-Based Devices
- Aesthetic Laser Devices
- Body Contouring & Skin Tightening Devices
- Microdermabrasion Devices
- Ultrasound Devices
- Implants
- Dental Implants
- Breast implants
- Facial Implants
- Others
- Anti-Wrinkle Products
- Botulinum Toxin/BOTOX
- Dermal Fillers
- Chemical Peel
Application Outlook (Revenue, USD Million; 2020-2028)
- Surgical
- Non-Surgical
End-user Outlook (Revenue, USD Million; 2020-2028)
- Medical Spas & Beauty Centers
- Hospitals & Clinics
- Home Use
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Aesthetic Medicine market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
The regional analysis covers:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Benefits of Aesthetic Medicine Market Report:
- Panoramic overview of the opportunities and risks in the Aesthetic Medicine sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Aesthetic Medicine industry
- In-depth assessment of the competitive landscape of the key players of the Aesthetic Medicine industry
- Analysis of the Aesthetic Medicine market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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