Future of the Global Medical Aesthetics Market – Growth, Latest Trend & Forecast 2025
According to a new report published by Reports Monitor titled, “Medical Aesthetics Market By Product & End-User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the medical aesthetics market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the medical aesthetics market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Medical aesthetics specially use which focuses on improving cosmetic appearance through treatment that includes scars, skin laxity, wrinkles, moles, liver spots, excess fat, cellulite, unwanted hair, skin discoloration, and spider veins. Dermatology, reconstructive surgery and plastic surgery includes in medicine aesthetics in traditional way. It includes both surgical as well as non-surgical processes and sometimes combination of both. According to International Society of Aesthetic Plastic Surgery (ISAPS), about 20 million aesthetic procedures performed in between year 2014-2015. Hence, it is a major driver for medical tourism.
Now days, to enhance personal appearance surgical procedures are increasing which is the major driver for medical aesthetics devices market also, advanced laser devices are now quite versatile as well as cost-effective. The growth in aging population can be one of the factors to drive the market growth of medical aesthetics. And user-friendly aesthetic devices are getting available in market which boosts the growth rate of medical aesthetics and creates great opportunities. Also increase in adoption of branded beauty and cosmetic products challenges the medical aesthetics market.
However, rigid safety regulations for aesthetic procedures and less focus on aesthetics companies are the major reasons for hinder the growth of this market.
North American region is leading the highest market share in medical aesthetics market across the globe with U.S. as a leading contributor for this market. However, Asia-Pacific will be the second largest market in the coming years followed by LAMEA region. The presence of a large number of surgeons in these emerging countries like Brazil is contributing to the growth of the medical aesthetics market where, face grafting and thread lifts are more popular than traditional face lifts.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global medical aesthetics market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Allergan PLC, Solta Medical Inc., Syneron Medical Ltd., Cynosure Inc., Lumenis Ltd., Johnson & Johnson, Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd., GC Aesthetics plc, Sientra Inc., Zimmer Biomet Holdings, Inc., and Dentsply Sirona Inc.
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