Aesthetics Market at a CAGR of 10.08 % to hit USD 12.17 billion by 2025

Research Reports

Dec 14, 2021

The global aesthetics market is being driven by increased demand for hair transplants and liposuction procedures, as well as an aging and obese population. Recently, there has been a dramatic increase in demand for noninvasive and minimally invasive aesthetic procedures, while the preference for conventional surgical procedures has decreased. Minimally invasive alternatives have a number of advantages over traditional procedures, including less pain, less scarring, and faster recovery. They are also more cost effective.

Global Aesthetics Market is anticipated to reach USD 12.17 billion at 10.08?GR by 2025. In the coming years, the development of technologically innovative devices, such as a non-invasive body contouring system that utilizes controlled cooling technology, may open up new growth opportunities. Several additional growth drivers include the growing number of skilled surgeons performing minimally invasive aesthetic procedures, as well as the provision of a lower complication rate.

The increased risk associated with aesthetic procedures may act as a significant impediment to market growth in the coming years. Social issues surrounding aesthetic treatments erode public acceptance, which poses a significant challenge for market players.

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Market Segmentation

Procedures and end-user are the top segments considered in the report, in order to present an exhaustive layout of the global market for aesthetics.

The major procedures discussed in the market study are nonsurgical aesthetic procedures as well as surgical aesthetic procedures. Mounting preference for non-invasive medical aesthetic procedures has been favorable for the nonsurgical aesthetic procedure segment. Non-surgical procedures witness substantial demand as these provide an array of benefits, including lower downtime, zero scar, no need for hospitalization, lesser treatment cost and reduced risks compared to surgical procedures.

The key market end users include salons & spas, dermatology clinics & cosmetic centers as well as hospitals & clinics. Salons & spas could be the fastest progressing segment in the following years, in view of the soaring number of medical spas around the globe along with the extensive use of technologically developed equipment devices. The burgeoning pool of skilled professionals and trained staff conducting aesthetic procedures in spas and salons gives further boost to the segment.

Regional Overview

The Americas are expected to take the lead in the global market, with North America emerging as the region’s largest market. The growth of the aesthetic industry in North America is a result of the rapid expansion of beauty treatments and anti-aging cosmetic surgeries.

Europe is expected to be the second highest gainer in the global market over the review period, owing to the government’s increasing support and a sizable population of elderly patients desiring to improve their physical appearance. Significant healthcare spending is another factor driving growth in the regional market. In France, the majority of patients early on adopt anti-aging techniques and minimally invasive treatments in order to maintain a youthful appearance

APAC (Asia Pacific) may experience the fastest growth rate in the near future, owing to the region’s rapidly growing patient population, rapid technological advancements, and abundance of lucrative opportunities for global players. The expansion of the medical tourism industry and the rapid growth of the facial aesthetics market in the region also contribute significantly to the region’s growth.

Competitive Dynamics

The notable players of the market are ZO Skin Health, Inc., SkinCeuticals, Obagi Medical, Dermalogica, Teoxane, Neostrata, Kiehl’s, Clarins, Clinique, Skin Medica, Lancome, La Roche-Posay, Medik8, Biore, Alumier MD, IS Clinical, Swisscode, Elemis Ltd, PCA Skin, and Endocare

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