The Medical Aesthetics Market to grow at a CAGR of 8.6% from 2022 to 2027; Increasing global awareness about medical aesthetics to boost market growth - Technavio

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- The medical aesthetics market is projected to progress at a CAGR of  8.6% between 2023 and 2027, the size of the market is forecast to increase by USD 29.67 billion during the forecast period. The increasing awareness of medical aesthetics is a key factor driving market growth. The incorporation of clinical aesthetic treatments into conventional treatment regimens for those seeking an improved appearance is responsible for their growing popularity. These treatments deliver quick results, enhancing their attractiveness. Furthermore, the market expansion is driven by suppliers leading skin condition education initiatives, thereby increasing product awareness. Collaborations with notable celebrities who share their experiences with minimally invasive procedures further reduce consumer hesitation. As a result, growing awareness of skin health is driving an increase in medical aesthetic procedures. Hence, the increasing awareness of medical aesthetics is expected to drive market growth during the forecast period. For further information on Market growth and size -Request a sample report

Medical Aesthetics Market – Market Dynamics

Major Trends

The advances in technology is one of the major trends in the market.  The emergence of laser-based medical technologies such as transdermal focused ultrasound, low-level lasers, high-intensity focused ultrasound, and monopolar radiofrequency have gained popularity as fat reduction non-invasive techniques. Ongoing dental research, particularly on surface coatings for implants, has resulted in new products. 

Additionally, advances in computer-aided design (CAD) and computer-aided manufacturing (CAM) have enabled manufacturers to manufacture dental implants far beyond traditional implants. The main benefit of CAD/CAM is that personalized implants are based on the patient's oral anatomy, allowing minimally invasive implant placement for faster recovery. These procedures allow for a quick recovery, a shorter hospital stay, and a reduced risk of complications.  Hence, the advances in technology are expected to drive market growth during the forecast period.

Further information on trends  – Request a sample report

Other Key Data Covered in Medical aesthetics market report- 

• Detailed information on factors including driver details 
• Market segmentation by type (body contouring procedures, botox, dermal filler procedures, and other procedures), end-user (hospitals and clinics, medical spas and beauty centers, and home use), and geography (North America, Europe, Asia, and Rest of World (ROW)).
• Precise estimation of the medical aesthetics market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Comprehensive analysis of factors that will challenge the growth of crowdfunding market companies
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Growth of the industry across North America, Europe, Asia, and Rest of World (ROW)
• CAGR of the market during the forecast period

Download Sample Report to get an overview of market size, comparing historic market values with future estimates, analysis of segmentation, current market dynamics, competitive intelligence with key developments and growth strategies of major players

Medical Aesthetics Market- Company Analysis and Scope

Some of the major companies in the medical aesthetics market are 3M Co., AbbVie Inc., Adin Dental Implant Systems Ltd., Anika Therapeutics Inc., Bausch Health Co Inc., BioHorizons Inc., Candela Corp., Danaher Corp., Dentsply Sirona Inc., Galderma SA, Hologic Inc., Huadong Medicine Co. Ltd., Johnson and Johnson, Merz Pharma GmbH and Co KGaA, Shanghai Fosun Pharmaceutical Group Co. Ltd., Sientra Inc., Zimmer Biomet Holdings Inc., Boston Scientific Corp., Cutera Inc., and Venus Concept Inc.

Company Offerings

• Bausch Health Co Inc. - The company offers medical aesthetics such as thermage system, Fraxel system, clear + brilliant system, and VASERlipo system.
• AbbVie Inc. - The company offers medical aesthetics such as volite, volux, and tropoelastin.
• Adin Dental Implant Systems Ltd - The company offers medical aesthetics such as Touareg-S 3.5D 8L.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports

The cancer diagnostics market is estimated to grow at a CAGR of 11.3% between 2022 and 2027. The market size is forecast to increase by USD 12,626.21 million. Furthermore, this report extensively covers market segmentation by end-user (hospitals and clinics, and diagnostic laboratories), type (IVD, imaging, and IDT), and geography (North America, Europe, APAC, and the Rest of the World (ROW)). The high prevalence of cancer is a key factor driving market growth during the forecast period.

The companion diagnostics market is estimated to grow at a CAGR of 22.59% between 2022 and 2027. The market size is forecast to increase by USD 11,029.63 million. Furthermore, this report extensively covers market segmentation by end-user (life science, health centers, and others), indication (oncology, neurology, and others), and geography (North America, Europe, Asia, and the Rest of the World (ROW)). The rising use of personalized medicine is a key factor driving market growth during the forecast period.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio