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Medical Aesthetic Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030

Medical Aesthetic Market Size, Share & Trends Analysis - Global...

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Medical Aesthetic Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030
Medical Aesthetic Market Size, Share...
Report Code
RO13/107/1196

Publish Date
12/Oct/2021

Pages
200
PRICE
$ 4950/-
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$ 6250/-
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The global medical aesthetics market is forecast to grow at a compound annual growth rate (CAGR) of more than 9% during the forecast period from 2021-2030. 

Anesthetic medicine specialist focuses on modifying cosmetic products' appearance by treating scars, skin laxity, wrinkles, moles, and liver spots. As is traditional, plastic surgery including dermatology, oral and maxillofacial surgery, reconstructive surgery, and reconstruction. Esthetic medicine is usually sufficient for these procedures. Technological advancements and advancements in equipment have increased the demand for healthcare services across the globe. Medical aesthetics technologies are being used not only in developed but also in developing countries.

Factors Affecting

  • Growing market awareness of aesthetic medicine and cosmetic surgery and increasing demand are the main factors for companies to predict their market segment.
  • There is an increase in consumer spending on aesthetic drugs worldwide and a growing demand for surgical products primarily among the working population, resulting in a higher need for aesthetic medicine in various countries.
  • Growing medical tourism, the increase of the adult population, the increase in incomes, and increased awareness of aesthetic specialties have contributed to the increased demand for medical aesthetic instruments. These countries have many specialists who contribute to the growth of the Medical Aesthetics market.
  • Several clinical hazards and complications associated with medical aesthetic procedures limit the market's growth.

Impact Analysis of COVID-19

The COVID-19 has restricted the growth of the medical aesthetics market. As a result of COVID-19, some parts of the medical industry have seen profits, but the medical aesthetics industry has seen significant declines. As a result of the Coronavirus-induced lockdown, the medical aesthetics industry faced challenges with its supply chain, logistics, and delivery of products and services to hospitals and end-users. Also, the market suffered from lower demand due to end users' fear of contracting the virus, which discouraged them from visiting hospitals and surgeons. 

In the immediate aftermath of the pandemic, the market is likely to grow substantially due to the advent of advanced AI-equipped robots that will assist doctors in maintaining a safe distance from patients. 

Regional Analysis

The North American medical aesthetics market dominates the global market. Growing film and entertainment industries can be attributed to the increase in such medical aesthetics treatments, as people associated with these industries are more likely to undergo them.  Also, the growing medical tourism industry in this region has boosted the market for medical aesthetics worldwide.

Leading Competitors

The prominent leading competitors in the global medical aesthetic market are:

  • AbbVie-Allergan (Europe)
  • Alma Lasers, Ltd (Middle East)
  • Anika Therapeutics Inc. (United States)
  • Bausch Health Companies Inc. (North America)
  • Cutera, Inc. (United States)
  • Cynosure (United States)
  • El En SpA (Europe)
  • Fotona d.o.o. (Europe)
  • Galderma (Europe)
  • Johnson & Johnson (United States)
  • Merz Pharma GmbH & Co. KGaA (Europe)
  • Others Prominent Players

Scope of the Report

The global medical aesthetic market segmentation focuses on Product, End-User, and Region.

Segmentation based on Product

  • Facial Aesthetic Products
    • Dermal Fillers
    • Botulinum Toxin
    • Microdermabrasion
    • Chemical Peels
  • Body Contouring Devices
    • Nonsurgical Fat Reduction Devices
    • Cellulite Reduction Devices
    • Liposuction Devices
  • Cosmetic Implants
    • Breast Implants
      • Silicone Implants
      • Saline Implants
    • Facial Implants
    • Gluteal Implants
  • Hair Removal Devices
    • Laser Hair Removal Devices
    • IPL Hair Removal Devices
  • Skin Aesthetic Devices
    • Laser Resurfacing Devices
    • Nonsurgical Skin Tightening Devices
    • Micro-needling Products
    • Light Therapy Devices
  • Tattoo Removal Devices
  • Thread Lift Products
  • Physician-dispensed Cosmeceuticals and Skin Lighteners
  • Physician-dispensed Eyelash Products
  • Nail Treatment Laser Devices

Segmentation based on End-User

  • Clinics, Hospitals, and Medical Spas
  • Beauty Centers
  • Home Care

Segmentation based on Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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