Medical Aesthetics Market With Strategic Trends, Growth, Revenue, and Forecast t
Posted by Shristi on October 10th, 2019
“The Global Aesthetics Market is expected to reach US$ 17.82 Mn by 2025, owing to growth in R&D for the development of newer treatments and products”
The global aesthetics market is expected to reach US$ 17.82 Mn by 2025. The global aesthetics market is driven by rise in adoption of minimally invasive or non-invasive processes, increasing commercialization, growing popularity of brands in cosmetic and beauty products, and increasing aging population. Moreover, rising urbanization leads to increasing demand for the aesthetic treatment among male population and cosmetic procedures in female population. Additionally, the female population gives more preference to their looks thus increasing the demand for body contouring and skin tightening devices. Aesthetics uses both surgical and non-surgical procedures to make the person more appealing. On the other hand, high cost of the treatment, stringent regulatory procedures for the approval of the products, low reimbursements facilities, and risk associated with the use of implants are blocking the growth of global aesthetics market in near future.
Global aesthetics market is segmented on the product type, application, end user, and region.
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Aesthetic Lasers Dominate the Global Aesthetics Market
Based on the product type, global aesthetics market is segmented into body contouring and skin tightening devices, aesthetic lasers, aesthetic implants, facial implants, and others. Aesthetic lasers dominate the global aesthetics market owing to its increasing usage in removal of facial hair, elimination of pigmented lesions, and tattoo removal. Additionally, rising urbanization and increasing awareness about the use of aesthetic lasers are also surging the market growth of aesthetic lasers in global aesthetics market.
North America Leads the Global Aesthetics Market
PBI’s global aesthetics market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America dominated the global Aesthetics Market through 2014-2018 and expected to dominate over 2019-2025 owing to increase in prevalence of obese population, through aesthetic treatment excess fats can be removed, also the North American population give preference to their looks and external beauty. Women like younger looking skins, without facial hairs. Also, the presence of key market players are surging the growth of global aesthetics market in North America region. Asia Pacific aesthetics market expected to grow significantly rate due to their emerging economies, increasing demands for tattoo, and increasing medical tourisms. Additionally, increasing demand for facial hairs and tattoo removal through the use of aesthetic lasers, and surge in demand for the ant wrinkle creams are helping in growth of aesthetics market in APAC region.
Launch of newer treatment therapies, and strategic alliances are the key strategies adopted by market players
Global Aesthetics Market further reveals that the key player’s increasingly adopting strategies such as launch of newer treatment therapies, products, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.
For instance, in July 2019, Cynosure launched its two new aesthetic treatment products “TempSure” and “SculpSure” for submental treatment.
Key player’s profiles in the report are Solta Medical Inc. (U.S.), Allergan plc (Ireland), Syneron Medical Ltd. ( U.S.), Lumenis Ltd. (Israel), Cynosure Inc. (U.S.), Johnson & Johnson Services, Inc., (U.S.), Shanghai Fosun Pharmaceutical (Group) Co. Ltd.) (China), Merz Pharma GmbH & Co. KGaA (Germany), Sientra Inc. (U.S.), Zimmer Inc., (U.S.), and GC Aesthetics plc (Ireland).
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By Product Type
By End User
Middle East and Africa (MEA)
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About the AuthorShristi
Joined: September 17th, 2019
Articles Posted: 60
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