Medical Aesthetics Market Report

Market Insights

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.

Segments' Analysis

Medical Aesthetics Market Share: By Product Type

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.

Medical Aesthetics Market Share: By End-User Type

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.

Medical Aesthetics Market Share: By Region

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.

Market Scope & Segmentation

Medical aesthetics includes all medical procedures and treatments to help patients achieve their aesthetic goals by improving the cosmetic appearance of patients.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The medical aesthetics market is segmented into the following categories. 

Medical Aesthetics Market Size, Share, & Forecast, by Product Type:

• Facial Aesthetic Products
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Botulinum Toxin, Dermal Fillers, Chemical Peels, and Microdermabrasion Products
• Body Contouring Devices
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Non-Surgical Fat Reduction Devices, Cellulite Reduction Devices, and Liposuction Devices
• Cosmetic Implants
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Breast Implants, Facial Implants, and Gluteal Implants
• Physician-Dispensed Cosmeceuticals and Skin Lighteners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Physician-Dispensed Eyelash Products (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Skin Aesthetic Devices
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Non-Surgical Skin Tightening Devices, Laser Skin Resurfacing Devices, Micro-Needling Products, and Light Therapy Devices
• Hair Removal Devices
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Laser Hair Removal Devices and IPL Hair Removal Devices
• Tattoo Removal Devices (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Thread Lift Products (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Nail Treatment Laser Devices (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Medical Aesthetics Market Size, Share, & Forecast, by End-User Type:

• Clinics, Hospitals, and Medical SPAs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Beauty Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• Home Care Settings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Medical Aesthetics Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the medical aesthetics 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.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the product types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.