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.
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- Global competitiveness and key competitor positions
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Medical Aesthetics Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.6% |
Market growth 2023-2027 |
USD 29.67 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.92 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 28% |
Key countries |
US, Brazil, Turkey, Germany, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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
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