Medical Aesthetics Market size worth $ 27.55 Billion, Globally, by 2028 at 10.6% CAGR: Verified Market Research®
The "Global Medical Aesthetics Market Size By Product, By End User, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Medical Aesthetics Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J, July 24, 2023 /PRNewswire/ -- The Global Medical Aesthetics Market is projected to grow at a CAGR of 10.6% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 11.41 Billion in 2020 and is expected to reach USD 27.55 Billion by the end of the forecast period.
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Browse in-depth TOC on "Medical Aesthetics Market"
202 - Pages
126 – Tables
37 – Figures
Market for Medical Aesthetics: Growing Demand and New Opportunities Fuel Market Growth
The demand for aesthetic operations is on the rise due to improvements in medical technology and rising consumer awareness of aesthetic products, which are driving significant growth in the global market for medical aesthetics. A growing field of medicine called medical aesthetics, which focuses on improving visual appearance, offers a variety of procedures for scar removal, wrinkle reduction, skin tightening, hair removal, and other cosmetic concerns.
Overview of the market
Oral and maxillofacial surgery, reconstructive surgery, plastic surgery, and dermatology are just a few of the specialties that fall under the umbrella of aesthetic medicine. Being an important component of this subject, medical aesthetics focuses on methods and techniques to improve and enhance the look, feel, and shape of the skin, face, and body. The market for medical aesthetics has had impressive growth in recent years, driven by the rise in the number of physicians and surgeons that offer safe and efficient procedures employing cutting-edge medical technology.
Market trends and expectations
Several important aspects are what are driving the medical aesthetics market. The increasing desire for cosmetic surgery and aesthetic treatment that is affordable is one of the main reasons. Additionally, there has been a sharp rise in the demand for surgical items, particularly among the working population in different nations, as a result of increased consumer spending on cosmetic medications around the world.
Opportunities and Challenges
Although the medical aesthetics industry is booming, market participants must be aware of potential hazards and side effects associated with medical aesthetic treatments, which could hinder market expansion. Despite these obstacles, there are huge prospects in developing nations like Brazil, Mexico, China, and India. The medical aesthetics market is rapidly growing in these areas due to factors such the rise in adult population, rising disposable incomes, and increased knowledge of aesthetic specialty.
Primary Key Players
The market for medical aesthetics is fiercely competitive, and several major businesses are advancing the sector. Allergan-AbbVie, El.En S.p.A., Anika Therapeutics, Allergan plc, Cutera Inc., Johnson & Johnson, and Syneron Medical are notable market participants. These businesses have led the way in terms of strategic growth efforts, product benchmarking, and innovation.
The financial statements, product benchmarking and SWOT analysis, key development strategies, market share, and market ranking analysis of major competitors are all covered in market research studies on the Medical Aesthetics Market. These studies provide a thorough resource for investors, decision-makers, and market participants who want to learn more about market dynamics and potential future growth.
The rising demand for cosmetic procedures and improvements in medical technology are expected to fuel the growth of the worldwide medical aesthetics market. Key companies will be crucial in determining the market's trajectory as it grows by seizing new chances in nations with expanding aesthetic treatment demand and rising disposable incomes.
For more information, financial statements, product benchmarking, and SWOT analysis, on the Global Medical Aesthetics Market, please purchase Medical Aesthetics Market report at Verified Market Research.
Based on the research, Verified Market Research® has segmented the global Medical Aesthetics Market into Product, End User, And Geography.
- Medical Aesthetics Market, by Product
- Facial Aesthetic Products
- Thread Lift Products
- Physician Dispensed Cosmeceuticals and Skin Lighteners
- Laser Resurfacing Devices
- Physician-Dispensed Eyelash Products
- Laser Hair Removal Devices
- Tattoo Removal Devices
- Breast Implants
- Energy-Based Devices
- Nail Treatment Laser Devices
- Mesotherapy devices
- Medical Aesthetics Market, by End User
- Beauty Centers
- Clinics, Hospitals, and Medical S.P.A.s
- Home Care Settings
- Medical Aesthetics Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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