[Latest] Global Medical Aesthetics Market Size/Share Worth USD 36,168.8 Million by 2033 at a 8.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Medical Aesthetics Market Size, Trends and Insights By Product Type (Aesthetic Laser Devices, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices), By Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Sears, Pigment Lesions, Reconstructive, Psoriasis and Vitiligo, Others), By End User (Cosmetic Centers, Dermatology Clinics, Hospitals, Medical Spas, Beauty Centers, Others), By Distribution Channel (Direct Sale, Retail Sales, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Medical Aesthetics Market size & share was valued at approximately USD 16,145.1 Million in 2023 and is expected to reach USD 17,501.3 Million in 2024 and is expected to reach a value of around USD 36,168.8 Million by 2033, at a compound annual growth rate (CAGR) of about 8.4% during the forecast period 2024 to 2033.”
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Medical Aesthetics Market: Growth Factors and Dynamics
- Increasing Demand for Aesthetic Procedures: Growing awareness of aesthetic treatments, advancements in technology, and changing societal norms regarding beauty have led to a surge in demand for medical aesthetics procedures globally.
- Aging Population: The aging population, particularly in developed countries, is driving the demand for anti-aging treatments and procedures to maintain a youthful appearance, contributing to market growth.
- Advancements in Technology: Technological innovations in energy-based devices, injectables, and other medical aesthetics products have resulted in safer, more effective treatments with minimal downtime, attracting more consumers to undergo aesthetic procedures.
- Rising Disposable Income: Increasing disposable income levels in emerging economies, coupled with the desire for self-improvement and enhanced appearance, have fueled the adoption of medical aesthetics procedures among a broader demographic, driving market expansion.
- Shift towards Minimally Invasive Procedures: Growing preference for minimally invasive treatments over traditional surgical procedures due to lower risk, shorter recovery times, and fewer complications has led to a surge in demand for non-surgical aesthetic procedures, boosting market growth.
- Expanding Market Reach: Market expansion strategies such as geographical expansion, partnerships with dermatology clinics and cosmetic surgery centers, and increased accessibility through online platforms have widened the reach of medical aesthetics services, further driving market growth and penetration.
- Cultural Influences and Social Media: Cultural influences and the pervasive impact of social media platforms have played a significant role in shaping beauty ideals and driving the demand for aesthetic procedures. The constant exposure to curated images of beauty standards on social media platforms has heightened awareness and desire for cosmetic enhancements, contributing to market growth.
- Regulatory Approvals and Safety Standards: Stringent regulatory approvals and adherence to safety standards for medical aesthetics products and procedures have bolstered consumer confidence and trust in the industry. Compliance with regulations ensures the safety and efficacy of treatments, reducing the risk of adverse events and enhancing the overall reputation of the medical aesthetics market.
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Medical Aesthetics Market: Partnership and Acquisitions
- In 2022, Apyx Medical received FDA clearance for the Renuvion device to be used in aesthetic procedures targeting lax skin in the neck region. This clearance expands the device’s applications, offering patients innovative options for enhancing their appearance.
- In 2022, Allergan, a subsidiary of AbbVie Inc., secured FDA approval for JUVÉDERM VOLBELLA XC to enhance infraorbital hollows in adults over 21. This expansion of their aesthetics product portfolio strengthens their position in the U.S. market.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 17,501.3 Million |
| Projected Market Size in 2033 | USD 36,168.8 Million |
| Market Size in 2023 | USD 16,145.1 Million |
| CAGR Growth Rate | 8.4% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product Type, Application, End User, Distribution Channel and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Medical Aesthetics report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Medical Aesthetics report has been modified to include the COVID-19 impact study prior to delivery.)
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Medical Aesthetics Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Medical Aesthetics Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Disruption of Services: During the pandemic, many medical aesthetics clinics and practices were temporarily closed or operated at reduced capacity due to lockdowns and safety measures, resulting in a significant decline in patient visits for elective procedures.
- Economic Uncertainty: Economic uncertainty and job losses during the pandemic led to a reduction in disposable income and discretionary spending, causing some consumers to postpone or cancel aesthetic treatments due to financial concerns.
- Pent-Up Demand Release: As restrictions ease and vaccination rates increase, there may be a release of pent-up demand for aesthetic procedures, with patients resuming postponed treatments and seeking out new procedures they’ve been considering.
- Focus on Safety and Hygiene: Medical aesthetics practices will continue to prioritize stringent safety and hygiene protocols to ensure the well-being of patients and staff, reassuring consumers and rebuilding trust in the safety of undergoing aesthetic treatments.
- Innovation in Digital Consultations: The adoption of telemedicine and virtual consultations surged during the pandemic. Medical aesthetics providers may continue to offer virtual consultations as a convenient and accessible way for patients to discuss treatment options and receive personalized recommendations.
- Flexible Payment Options: Offering flexible payment plans and financing options may help mitigate the financial barriers to accessing aesthetic treatments, allowing patients to spread out the cost of procedures over time and making treatments more affordable.
- Marketing and Education Campaigns: Increased marketing efforts and educational campaigns can help reengage patients and educate them about the safety measures in place, new treatments available, and the benefits of aesthetic procedures for boosting confidence and well-being.
- Diversification of Services: Medical aesthetics practices may diversify their service offerings to meet evolving consumer preferences and address emerging trends post-pandemic. This could include introducing new treatments, such as non-invasive procedures targeting specific concerns, or expanding into complementary services like skincare consultations and wellness programs to attract a broader patient base and drive revenue growth.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Medical Aesthetics Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
- What is the size of the Medical Aesthetics market and what is its expected growth rate?
- What are the primary driving factors that push the Medical Aesthetics market forward?
- What are the Medical Aesthetics Industry's top companies?
- What are the different categories that the Medical Aesthetics Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Medical Aesthetics market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Medical Aesthetics Market – Regional Analysis
The Medical Aesthetics Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, a prominent trend in the medical aesthetics market is the increasing demand for minimally invasive procedures, driven by a preference for natural-looking results and shorter recovery times. Additionally, there is a growing emphasis on personalized treatments tailored to individual needs, with a focus on advanced technologies such as laser therapies and injectables. Furthermore, there is a rising trend of combining aesthetic treatments with wellness practices, reflecting a holistic approach to beauty and well-being.
- Europe: In Europe, one notable trend is the rise of medical tourism for aesthetic procedures, with patients traveling to countries offering high-quality treatments at competitive prices. Another trend is the growing popularity of non-invasive body contouring treatments, such as cryolipolysis and ultrasound fat reduction, as individuals seek effective solutions for sculpting their bodies without surgery. Additionally, there is a shift towards sustainable and eco-friendly beauty products, reflecting environmental consciousness among consumers.
- Asia-Pacific: In the Asia-Pacific region, a key trend is the increasing adoption of combination therapies, where multiple aesthetic procedures are combined to achieve comprehensive results. This trend is driven by a desire for enhanced outcomes and personalized treatment plans tailored to Asian beauty ideals. Additionally, there is a growing demand for skincare products infused with traditional herbal ingredients, reflecting a preference for natural remedies and cultural heritage in skincare routines.
- LAMEA (Latin America, Middle East, and Africa): In the LAMEA region, a notable trend is the rising popularity of aesthetic treatments among men, driven by changing societal norms and a growing emphasis on male grooming and self-care. Additionally, there is a trend towards the use of innovative energy-based devices, such as radiofrequency and ultrasound technologies, for skin tightening and body contouring procedures. Furthermore, there is a growing interest in injectable treatments for facial rejuvenation and enhancement among consumers in the region.
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Browse the full “Medical Aesthetics Market Size, Trends and Insights By Product Type (Aesthetic Laser Devices, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices), By Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Sears, Pigment Lesions, Reconstructive, Psoriasis and Vitiligo, Others), By End User (Cosmetic Centers, Dermatology Clinics, Hospitals, Medical Spas, Beauty Centers, Others), By Distribution Channel (Direct Sale, Retail Sales, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/medical-aesthetics-market/
List of the prominent players in the Medical Aesthetics Market:
- Allergan Aesthetics (AbbVie Inc.)
- Galderma S.A.
- Merz Pharmaceuticals GmbH
- Bausch Health Companies Inc.
- Syneron Candela
- Alma Lasers (Sisram Medical Ltd.)
- Cynosure LLC (Hologic Inc.)
- Lumenis Ltd.
- Solta Medical (Valeant Pharmaceuticals International Inc.)
- Cutera Inc.
- Zimmer MedizinSysteme GmbH
- Sciton Inc.
- Sinclair Pharma plc
- Sientra Inc.
- Fotona d.o.o.
- Others
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US Medical Aesthetics Market: US Medical Aesthetics Market Size, Trends and Insights By Product Type (Aesthetic Laser Devices, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices), By Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Sears, Pigment Lesions, Reconstructive, Psoriasis and Vitiligo, Others), By End User (Cosmetic Centers, Dermatology Clinics, Hospitals, Medical Spas, Beauty Centers, Others), By Distribution Channel (Direct Sale, Retail Sales, Others), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
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The Medical Aesthetics Market is segmented as follows:
By Product Type
- Aesthetic Laser Devices
- Energy Devices
- Body Contouring Devices
- Facial Aesthetic Devices
- Aesthetic Implants
- Skin Aesthetic Devices
By Application
- Anti-Aging and Wrinkles
- Facial and Skin Rejuvenation
- Breast Enhancement
- Body Shaping and Cellulite
- Tattoo Removal
- Vascular Lesions
- Sears
- Pigment Lesions
- Reconstructive
- Psoriasis and Vitiligo
- Others
By End User
- Cosmetic Centers
- Dermatology Clinics
- Hospitals
- Medical Spas
- Beauty Centers
- Others
By Distribution Channel
- Direct Sale
- Retail Sales
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Medical Aesthetics Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Medical Aesthetics Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Medical Aesthetics Market? What Was the Capacity, Production Value, Cost and PROFIT of the Medical Aesthetics Market?
- What Is the Current Market Status of the Medical Aesthetics Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Medical Aesthetics Market by Considering Applications and Types?
- What Are Projections of the Global Medical Aesthetics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Medical Aesthetics Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Medical Aesthetics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Medical Aesthetics Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Medical Aesthetics Industry?
Click Here to Access a Free Sample Report of the Global Medical Aesthetics Market @ Click Here to Get a Free Sample Report of the Global Medical Aesthetics Market @ https://www.custommarketinsights.com/report/medical-aesthetics-market/
Reasons to Purchase Medical Aesthetics Market Report
- Medical Aesthetics Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Medical Aesthetics Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Medical Aesthetics Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Medical Aesthetics Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Medical Aesthetics market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Medical Aesthetics Research Report | Fast Delivery Available - [220+ Pages] @ Click Here to Get a Free Sample Report of the Global Medical Aesthetics Market @ https://www.custommarketinsights.com/report/medical-aesthetics-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Medical Aesthetics market analysis.
- The competitive environment of current and potential participants in the Medical Aesthetics market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Medical Aesthetics market should find this report useful. The research will be useful to all market participants in the Medical Aesthetics industry.
- Managers in the Medical Aesthetics sector are interested in publishing up-to-date and projected data about the worldwide Medical Aesthetics market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Medical Aesthetics products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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