Combination Aesthetics Market Share, Trends, Competitor Analysis and Forecast to

Posted by Shristi on October 14th, 2019

Analyst Speak:

“The Global Combination Aesthetics Market was valued around US$ 2,825.3 Mn in 2018 and growing at a prominent growth rate over next seven years of forecast period 2019-2025 owing to increase in adoption of aesthetic treatment in developed and developing countries”

Precision Business Insights (PBI) in its report titled “Global Combination Aesthetics Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global combination aesthetics market was valued at US$ 2,825.3 Mn in 2018 and growing at a significant CAGR over the forecast period owing to increase in the demand for non-invasive or minimally invasive aesthetic procedures and surge in the preference for combination therapies to gain the better results. For instance, according to International Safety of Aesthetic Plastic Surgery 2017, approximately 2,051,984 facial rejuvenation procedures takes place around the globe. Additionally, grow in number of geriatric population, rise in R&D for the development of newer treatment procedures by the market players, surge in prevalence of skin disorders, and fast and easy treatment are anticipated to propel the global combination aesthetics market. However, high cost for the combination aesthetics procedure, limited clinical evidence, and post-procedure complications are hinder the growth of global combination aesthetics market over forecast years.

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Global combination aesthetics market segmented on the basis of treatment type, application, end user, and region.

Scar Removal Dominated the Global Combination Aesthetics Market

Based on application, global combination aesthetics market segmented into hair removal, tattoo removal, skin resurfacing, scar removal, and others. Scar removal dominated the combination aesthetics market in 2018 and the segment expected to hold a significant growth rate over the forecast period owing to fast and long-lasting duration with the combination aesthetics therapy. However, hair removal and tattoo removal segment projected to exhibit lucrative growth due to non-invasive or minimally invasive treatment procedure and low cost of treatment.

North America leads the Global Combination Aesthetics market

PBI’s global combination 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 accounted for larger revenue share through 2014-2018 and the same trend is projected to follow over 2019-2025 owing to increase in the preference for non-invasive aesthetic procedures, rise in facial rejuvenation and scar removal procedures, and increase in disposable income in U.S and Canada. For instance, according to American Society of Plastic Surgeons 2017, approximately 182,000 scar revision procedures takes place in United States. Asia Pacific combination aesthetics market projected to exhibit significant growth owing rise in geriatric population, grow in adoption of cosmetic procedures, and increase in medical tourism in the region are expected to enhance the revenue of market over the forecast timeframe.

Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players

Global combination aesthetics market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In April 2017, Allergan acquired Zeltiq Aesthetics, Inc. to strengthen its aesthetics business Portfolio.

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Key player’s profiles in the report are Galderma (Nestle) (Switzerland), MERZ PHARMA GMBH & CO. KGAA (Germany), Alma Lasers (Israel), Anika Therapeutics.Inc. (U.S.), Allergan plc (Ireland), Biopolymer GmbH &Co KG (Germany), and Mentor Worldwide LLC (U.S.)

Detailed Segmentation

By Treatment Type

• Botulinum Toxin- A (BTx-A)/Dermal Filler
• Botulinum Toxin- A (BTx-A)/Laser
• Laser/Topical Drug
• Laser/Radiofrequency
• Dermal filler/Topical drug
• Others

By Application

• Hair Removal
• Tattoo Removal
• Skin Resurfacing
• Scar Removal
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Dermatological Clinics

Geography

North America

• US
• Canada

Europe

• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

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