Medical Aesthetics Market to Witness Robust Growth by 2027

June 07, 2022

A report on the Medical Aesthetics Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Medical Aesthetics Market. The historic years considered for the study are 2016-2021 the base year is 2022, and the forecast period is 2022-2027.

The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.

Market Analysis

Medical Aesthetics Market is likely to witness a steady CAGR of over 10.5%, during the forecast period. Major factors driving the market growth are increasing demand for minimally invasive and non-invasive aesthetic procedures, growing awareness of cosmetic procedures, rising disposable income, prevalence of skin diseases, and technological advancements. Furthermore, rising expenditure on cosmetic surgeries and growing demand for medical aesthetics to improve physical appearance are expected to drive the market growth during the forecast period.

The Market is segmented by Product Type (Facial Aesthetic Products {Botulinum Toxin, Dermal Fillers, Chemical Peels, and Microdermabrasion Products}, Body Contouring Devices {Non-Surgical Fat Reduction Devices, Cellulite Reduction Devices, and Liposuction Devices}, Cosmetic Implants {Breast Implants, Facial Implants, and Gluteal Implants}, Physician-Dispensed Cosmeceuticals and Skin Lighteners, Physician-Dispensed Eyelash Products, Skin Aesthetic Devices {Non-Surgical Skin Tightening Devices, Laser Skin Resurfacing Devices, Micro-Needling Products, and Light Therapy Devices}, Hair Removal Devices {Laser Hair Removal Devices and IPL Hair Removal Devices}, Tattoo Removal Devices, Thread Lift Products, and Nail Treatment Laser Devices), by End-User Type (Clinics, Hospitals, and Medical SPAs; Beauty Centers; and Home Care Settings), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Medical Aesthetics Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.

Report Features

The report delivers a detailed view of the industry based on Medical Aesthetics Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-

-           Market structure: Overview, industry life cycle analysis, supply chain analysis

-           Covid-19 Impact analysis.

-           Market environment analysis: Growth drivers and constraints, and SWOT analysis.

-           Market trend and forecast analysis.

-           Market segment trend and forecast.

-           Competitive landscape and dynamics: Market share, product launches, etc.

-           Attractive Market segments and associated growth opportunities.

-           Emerging trends.

-           Strategic growth opportunities for the existing and new players.

The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.

Key Segments Medical Aesthetics Market Report Covers:

Based on the product type, the market is segmented as facial aesthetic products, body contouring devices, cosmetic implants, physician-dispensed cosmeceuticals and skin lighteners, physician-dispensed eyelash products, skin aesthetic devices, hair removal devices, tattoo removal devices, thread lift products, and nail treatment laser devices. Among these product types, it is estimated that the facial aesthetic products segment is likely to be the major product type during the forecast period, largely due to the increasing demand for facial aesthetic treatments, growing number of working female population, increasing disposable income, and the desire to look young and attractive.

Based on the end-user type, the market is segmented as clinics, hospitals, and medical spas; beauty centers; and home care settings. The clinics, hospitals, and medical spas segment is expected to be dominant during the forecast period. The segment’s growth is on account of the growing number of hospitals, clinics and medical spas, the availability of infrastructural and financial resources, technologically advanced devices and skilled professionals to perform aesthetic procedures.

In terms of regions, the market is segmented as North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, North America is expected to be the dominant region in the market during the forecast period. The market growth in this region is majorly attributed to the rising awareness of aesthetic procedures, increasing number of skin diseases, growing geriatric population, and technology advancement in the field of advanced medical devices. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

According to the report, brands or companies that are leading globally in this Market are –

• Allergan plc
• Allergan-AbbVie
• Alma Lasers, Ltd.
• Anika Therapeutics Inc.
• Cutera Inc.
• EI.En. S.p.A.
• Galderma Laboratories, L.P.
• Johnson & Johnson
• Medytox, Inc.
• Sientra, Inc.

Report Customization –

This report can be customized to meet the client’s obligations. Please get along with our sales team (sales@stratviewresearch.com), who will ensure that you get a report that fits your needs. You can also touch a chord with our executives on +1-313-307-4176 to share your research constraints.

About Us –

Stratviewresearch.com is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. Stratview Research possesses a global presence to enable current Market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. We survey clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.

Author : Chandana Patnaik