Medical Aesthetics Market Outlook, Competitive Landscape, Industry Analysis and Forecasts to 2027
IMARC Group has recently released a new research study “Medical Aesthetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Medical Aesthetics Industry?
The global medical aesthetics market size reached US$ 13.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.53 Billion on by 2027, exhibiting a growth rate (CAGR) of 9.60% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What is a Medical Aesthetics Market?
Medical Aesthetics refers to the process of improving the cosmetic appearance of patients to provide clearer skin and a better appearance. It includes numerous medical procedures such as facial injectables, body contouring, cellulite treatment, laser hair removal, anti-wrinkle treatments, medical-grade skincare, chemical peels, or skin resurfacing. It is performed by qualified doctors to repair the skin and enhance the appearance of an individual. It is safe, quick, effective, and minimally invasive, improves the natural look, provides long-lasting impact, and minimizes aging. As a result, medical aesthetics are widely adopted in medical spas, hospitals, clinics, and beauty centers across the globe.
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Medical Aesthetics Market Trends and Drivers:
The market is primarily driven by the rising awareness among individuals regarding medical aesthetics procedures to improve overall appearance. In addition, the growing inclination toward appearing fit and young is escalating the demand for aesthetic treatment in various countries. Apart from this, the rising popularity of various aesthetic procedures such as nose reshaping, botox injections, and liposuction is contributing to market growth. Moreover, the increasing number of surgeons and doctors offering safe and effective medical aesthetic treatments with reduced scarring and a quick recovery rate represents another major growth-inducing factor. Besides this, the market is also propelled by the growing prevalence of congenital face anomalies and the rising trend of medical tourism. Furthermore, extensive research and development (R&D) activities conducted by key players to enhance their sales, profitability, and customer relation are also creating a favorable market outlook across the globe.
Who Are The Major Key Players in Medical Aesthetics Market?
A.R.C. Laser Gmbh, AbbVie Inc., Alma Lasers Ltd., Bausch Health Companies Inc., Cutera Inc., Cynosure, El.En. S.p.A., Fotona d.o.o., Johnson & Johnson, Lutronic, Merz Pharma GmbH & Co. KGaA and Venus Concept.
The report has been segmented the market into following categories:
Breakup by Product:
- Aesthetic Implants
Breakup by Application:
- Non Surgical
Breakup by End User:
- Hospitals and Clinics
- Medical Spas and Beauty Centers
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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Key highlights of the report:
- Market Performance (2016-20221)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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