Medical Aesthetics Market to See 10.8% CAGR to 2020
PUNE, India, August 24, 2015 /PRNewswire/ --
Led by APAC and N.A., the global medical aesthetics market is forecast to grow at 10.8% CAGR during 2015 to 2020 to be worth $12,581.9 Million by 2020, wherein Asia-Pacific is poised to grow at the highest CAGR of 12.6% in the next five years.
Complete report on medical aesthetics market spread across 216 pages, profiling 11 companies, as well as supported with 135 tables and 47 figures is now available at http://www.lifescienceindustryresearch.com/medical-aesthetics-market-by-products-liposuction-cellulite-reduction-fat-reduction-skin-tightening-breast-implants-botox-dermal-fillers-procedures-cosmetic-reconstructive-end-users-b.html .
Geographically, North America (comprising the U.S. and Canada) commanded the largest share of49.0% of the global medical aesthetics market in 2015, followed by Europe. North America will continue to lead in the years to come, owing to rapidly aging and obese population, technological advancements, and growing FDA approvals of devices in the U.S. At the same time, the Asia-Pacific region poised to grow at the highest CAGR of 12.6% in the next five years. Factors such as rising consumer awareness and interest in aesthetic procedures, strong local economies, aggressive marketing by leading U.S. and European companies in Asia, decreasing social taboos, and rising medical tourism are propelling the worldwide growth of medical aesthetics industry.
The growth of the global medical aesthetics market is mainly driven by the growing adoption of minimally invasive and noninvasive aesthetic procedures, aging population, increasing awareness among customers, technological advancements in energy-based devices, rising number of aesthetic procedures, and increasing demand for aesthetic treatments among the male population. However, a stringent safety regulation for aesthetic procedures is a major factor restraining the growth of this market. Growing adoption of home use aesthetic device sand increasing demand for cosmetic treatments in emerging markets are creating opportunities for growth of the medical aesthetics market.
The aesthetic lasers and energy devices segment accounted for the largest share of the global medical aesthetics market in 2015, followed by the facial aesthetics segment. Factors such as the increasing number of aesthetic procedures, high prevalence of overweight and obesity, technological advancements, and rising adoption of minimally invasive and non-invasive cosmetic procedures are stimulating the growth of the aesthetic lasers and energy devices market. The 11 companies profiled in this medical aesthetics market 2015 report include Allergan, Inc. (A Division of Actavis Plc), Solta Medical, Inc. (A Division of Valeant Pharmaceuticals International, Inc.), Syneron Medical Ltd., Photomedex, Inc., Cynosure, Inc., Lumenis Ltd., Johnson and Johnson, Zeltiq Aesthetics, Inc., Merz Aesthetics, Inc. (A Division of Merz Pharma GmbH & Co. KGAA), Galderma S.A. (A Subsidiary of Nestlé S.A.) and Alma Lasers, Ltd. (Acquired By Shanghai Fosun Pharmaceutical (Group) Co., Ltd.).
Order a copy of Medical Aesthetics Market by Products (Liposuction, Cellulite Reduction, Fat Reduction, Skin Tightening, Breast Implants, Botox, Dermal Fillers), Procedures (Cosmetic & Reconstructive), & End-Users (Beauty center and Home) - Global Forecast to 2020 research report at http://www.lifescienceindustryresearch.com/purchase?rname=44076 .
Currently, the medical aesthetics market is a diversified and competitive market with a large number of players. In 2014, Cynosure Inc., Syneron Medical Ltd., Solta Medical, Inc., ZELTIQ Aesthetics, Inc., Lumenis Ltd., and PhotoMedex, Inc. were the leading companies in the global medical aesthetics laser and energy devices market. Moreover, in 2014, Allergan, Inc., Galderma S.A., and Merz Aesthetics, Inc. were the leading players in the global facial aesthetics market. The breast implants market was dominated by Allergan, Inc. and Mentor Corporation in 2014.New product launches; agreements, partnerships, and alliances, mergers, acquisitions, and joint ventures, awareness and marketing campaigns, and new facility launches are the major strategies adopted by most of the market players to achieve growth in the medical aesthetics market. The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on medical aesthetic devices offered by the top 10 players in the medical aesthetics market. The report analyzes the medical aesthetics market on the basis of product, procedure, end user, and region
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various medical aesthetics across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the medical aesthetics market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of leading players in the medical aesthetics market
The medical devices industry section of LifeScienceIndustryResearch.com offers multiple newly published and relevant research titles to decision makers and stakeholders interested in the segments and sub-segments of medical devices:
Global Dermal Facial Fillers Market 2015-2019: Analysts forecast global dermal facial fillers market to grow at a CAGR of 13.07% during 2014-2019, with increase in aging population being one of the major market drivers. Growing importance of medical aesthetics is a trend players are looking up to while high costs pose a major challenge as of now. Allergan, Galderma and Merz Aesthetics are the key companies discussed in this research. Other prominent players simply mentioned in this research include AQTIS Medical, Bioha Laboratories, Cynosure, Cosmoderm, ColBar LifeScience, Laboratory Obvieline, Techderm, Qufu Guanglong Biochem, Regenerative Medical System, Suneva Medical, Sanofi, SciVision Biotech, ShanDong Pang's Biochemical, Speciality European Pharma, Syneron, Ulthera and Visionmed. Read more at http://www.lifescienceindustryresearch.com/global-dermal-facial-fillers-market-2015-2019.html .
Nanotechnology in Medical Devices Market by Product (Biochip, Implant Materials, Medical Textiles, Wound Dressing, Cardiac Rhythm Management Devices, Hearing Aid), Application (Therapeutic, Diagnostic, Research) - Global Forecast to 2019 is a March 2015 published 200 pages research report that profiles 11 companies and is supported with 116 tables and 28 figures. The research is now available at http://www.lifescienceindustryresearch.com/nanotechnology-in-medical-devices-market-by-product-biochip-implant-materials-medical-textiles-wound-dressing-cardiac-rhythm-management-devices-hearing-aid-application-therapeutic-diagnostic.html .
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