Medical Aesthetics Market Share is Estimated to Witness Healthy Valuation of USD 43.32 Billion at a 11.10% CAGR by 2032
Research Reports
Aug 25, 2023
Medical Aesthetics Market Research Report: Information by Product (Facial Aesthetic, Body Contouring, Cosmetic Implants, Hair Removal, Skin Aesthetic Devices, and Tattoo Removal Devices), By Technology (Invasive, Non-Invasive, and Minimally Invasive), By End User (Hospitals & Clinics and Dermatology & Cosmetic Centers), And by Region (North America, Europe, Asia-Pacific, And Rest of The World) –Market Forecast Till 2032
The global medical aesthetics market is booming, with a projected to reach USD 43.32 billion at a CAGR of 11.10% by 2032. Medical aesthetics is a branch of medicine that uses minimally invasive and non-invasive procedures to improve the appearance of the face and body. These procedures can be used to reduce the appearance of wrinkles, fine lines, age spots, acne scars, and other blemishes. They can also be used to remove unwanted hair, tighten and tone the skin, and improve the overall appearance of the skin.
Medical aesthetics is a safe and effective way to improve your appearance and boost your self-confidence. However, it is important to choose a qualified and experienced practitioner.
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Competitive Outlook
Some of the key players in the medical aesthetics market include Galderma Laboratories L.P (US), Allergan plc (Ireland), Merz Pharmaceuticals GmbH (Germany), Lumenis (Israel), Bausch Health (US).
Market Segmentation
The Medical Aesthetics Market has been segmented into product, technology and end-use.
Based on the product, the market has been segmented into dermal fillers, neuro modulators, energy-based devices and topical products.
Based on the application, the market has been segmented into facial aesthetics, breast aesthetics, body contouring, and hair removal.
Based on the end-use, the market has been segmented into hospitals and clinics, dermatology and cosmetic centers.
Regional Analysis
The medical aesthetics market is analyzed regionally based on the following regions:
North America: The United States is the region’s largest contributor to the market for medical aesthetics, which is located in this region. The increasing awareness of aesthetic operations and the rising desire for minimally invasive cosmetic procedures are credited with driving the region’s growth.
Europe: The continent is home to the second-largest market for medical aesthetics, with the United Kingdom, Germany, and France making substantial contributions to market expansion. The region’s growth is fueled by elements including a high level of disposable income, an ageing population, and an increase in the use of minimally invasive procedures.
Asia-Pacific: Due to the increasing uptake of aesthetic procedures in nations like China, Japan, and South Korea, the Asia-Pacific region is anticipated to have considerable growth in the medical aesthetics market. The expansion of the region is partly credited to rising disposable money and awareness of aesthetic procedures.
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Latin America: The desire for minimally invasive cosmetic procedures and the rising number of aesthetic clinics and centres in the region are likely to lead to significant expansion in the Latin American medical aesthetics market.
Middle East and Africa: Due to the increased popularity of cosmetic procedures, rising disposable income, and the rising number of medical tourism destinations in the region, the Middle East and Africa medical aesthetics market is anticipated to experience considerable expansion.
Globally, the medical aesthetics market is anticipated to expand significantly due to rising awareness of aesthetic treatments, expanding demand for minimally invasive cosmetic operations, and technical developments in the industry.
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