Medical Aesthetics Market Report 2023, Size, Share And forecast Till 2028

Byimarcsuraj

IMARC Group has recently released a new research study “Medical Aesthetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What Are The Growth Prospects Of The Medical Aesthetics Industry?

The global medical aesthetics market size reached US$ 15.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 26.9 Billion on by 2028, exhibiting a growth rate (CAGR) of 9.49% during 2023-2028.

What is Medical Aesthetics?

Medical Aesthetics refers to the process of improving the cosmetic appearance of patients to provide clearer skin and a better appearance. It includes numerous medical procedures such as facial injectables, body contouring, cellulite treatment, laser hair removal, anti-wrinkle treatments, medical-grade skincare, chemical peels, or skin resurfacing. It is performed by qualified doctors to repair the skin and enhance the appearance of an individual. It is safe, quick, effective, and minimally invasive, improves the natural look, provides long-lasting impact, and minimizes aging. As a result, medical aesthetics are widely adopted in medical spas, hospitals, clinics, and beauty centers across the globe.

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What Are The Key Factors Driving The Global Medical Aesthetics Market?

The market is primarily driven by the rising awareness among individuals regarding medical aesthetics procedures to improve overall appearance. In addition, the growing inclination toward appearing fit and young is escalating the demand for aesthetic treatment in various countries. Apart from this, the rising popularity of various aesthetic procedures such as nose reshaping, botox injections, and liposuction is contributing to market growth. Moreover, the increasing number of surgeons and doctors offering safe and effective medical aesthetic treatments with reduced scarring and a quick recovery rate represents another major growth-inducing factor. Besides this, the market is also propelled by the growing prevalence of congenital face anomalies and the rising trend of medical tourism. Furthermore, extensive research and development (R&D) activities conducted by key players to enhance their sales, profitability, and customer relation are also creating a favorable market outlook across the globe.

Who Are The Key Players/Companies In The Global Medical Aesthetics Market?

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 and Venus Concept

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)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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