Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Segmentation: Global Medical Aesthetics Market
By Product Type
[Aesthetic Laser Devices {Carbon Dioxide Laser Surfacing, Ablative Skin Resurfacing Devices, and Non-Ablative Fractional Laser Resurfacing Devices},
Energy Devices {Electrocautery Devices, Electrosurgery Devices, Cryosurgery Devices, Laser Surgery Devices, Microwave, and Harmonic Scalpel}, Skin Tightening and Body Contouring Devices {Liposuction Devices, Cellulite Reduction Devices, and Skin Tightening Devices}, Aesthetic Implants {Breast Augmentation, Aesthetic Dental Implants, Soft Tissue Implants, Buttock Augmentation, Transdermal Implants}, Facial Aesthetic Devices {Botox Injections, Chemical Peels, Collagen Injections, Cosmetic Acupuncture, Dermal Filler Injections, Electrotherapy, Facial Toning, Fraxel, Microdermabrasion and Permanent Makeup}],
Applications (Anti-Aging And Wrinkles, Facial and Skin Rejuvenation, Vascular Lesions, Body Shaping And Cellulite, Breast Enhancement, Sears, Pigment Lesions, Reconstructive Surgery, Tattoo Removal, and Psoriasis and Vitiligo);
End Users (Dermatology Clinics, Hospitals, Cosmetic Centers and Medical Spas and Beauty Centers), Distribution Channel (Direct Tenders and Retail);
Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa)
Drivers: Global Medical Aesthetics Market
Some of the major factors driving the market for medical aesthetics market is growing aging population worldwide and key players taking strategic decisions to gain market share. These factors increase the demand for medical aesthetics products. Increasing consciousness among the individuals with respect to their physical appearance, increasing cosmetic surgeries and technological advancements are the other factors driving the growth of the medical aesthetics market.
Increase In Number Of Cosmetic Surgeries
In recent years, the number of cosmetics surgeries across the globe has increased considerably over a period of time. The rapidly increasing aging population and the subsequent rise in the number of surgeries are major factors driving the demand for aesthetic devices and cost of healthcare.
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Key Players Are Taking Strategic Decisions To Gain Market Share
Companies dealing in the medical aesthetics market have been leveraging mergers and acquisitions, internal R&D and new partnership to expand their business in other regions, especially in promising emerging market.
Technological Advancements And Innovations In Medical Aesthetics Market
The medical aesthetics technology market is expected to show significant growth in the coming years due to various technological advancements and new product launches in order to improve the convenience and ease of administration of parenteral therapeutics.
Major Players: Global Medical Aesthetics Market
Some of the major players operating in this market are:-
• ALLERGAN,
• Lumenis,
• BTL INDUSTRIES, LTD.,
• Merz Pharma,
• Suneva Medical, Inc.,
• Venus Concept,
• Valeant,
• Cynosure Inc,
• Revance Therapeutics Inc,
• EternoGen Aesthetics,
• GC Aesthetics,
• Alma Lasers,
• Cutera,
• Sciton Inc,
• Smith & Nephew PLC,
• Solta Medical (a division of Valeant Aesthetics),
• Luteron, and Syneron Medical Ltd.,
• among others.
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