The global medical aesthetics market size reached US$ 13.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.53 Billion by 2027 exhibiting a growth rate (CAGR) of 9.60% during 2022-2027.
Medical aesthetics refer to the usage of various medical procedures to repair the skin and improve the cosmetic appearance of an individual. They can be categorized into facial injectables, laser hair removal, body contouring, photo facials, cellulite treatment, cosmetic surgery, etc. Medical aesthetics processes are performed by qualified doctors to minimize aging and enhance the natural look.
They are minimally invasive, quick, safe, and require little downtime. As a result, medical aesthetics find widespread applications across numerous segments of the healthcare sector, such as medical spas, hospitals, clinics, beauty centers, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Medical Aesthetics Market Trends and Drivers:
The escalating utilization of minimally invasive and non-invasive plastic surgeries across the globe to treat scars, skin laxity, moles, cellulite, etc., is among the key factors driving the medical aesthetics market. Furthermore, the growing awareness towards the several advantages of the treatments over their traditional counterparts, including quicker recovery time, reduced scarring, less pain, etc., is also positively influencing the global market.
Apart from this, the emerging trend of medical tourism, especially in the developing countries is acting as another significant growth-inducing factor.
Additionally, the expanding geriatric population, the elevating prevalence of congenital tooth and face deformities, and the development of advanced healthcare infrastructure are anticipated to catalyze the medical aesthetics market in the forecasted period.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product:
• Devices
• Aesthetic Implants
Breakup by Application:
• Surgical
• Non-Surgical
Breakup by End User:
• Hospitals and Clinics
• Medical Spas and Beauty Centers
By Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
The major players in the market are
- A.R.C. Laser Gmbh
- AbbVie Inc.
- Alma Lasers Ltd.
- Bausch Health Companies Inc.
- Cutera Inc.
- Cynosure
- El.En. S.p.A.
- Fotona d.o.o.
- Johnson & Johnson
- Lutronic
- Merz Pharma GmbH & Co. KGaA
- Venus Concept
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