The global aesthetic devices market is experiencing robust growth, driven by increasing consumer demand for minimally invasive and non-invasive cosmetic procedures. This market encompasses a wide range of devices used for aesthetic treatments, including laser and energy-based devices, body contouring systems, and facial rejuvenation tools. Factors such as the rising awareness of physical appearance, technological advancements in aesthetic devices, and the growing popularity of cosmetic procedures among both men and women are fueling market expansion. In addition, the aging population and the increasing disposable incomes in developing regions are contributing to the market's growth. Key players are continuously innovating to offer more effective, safe, and user-friendly devices, further driving the market forward.
Data Bridge Market Research analyses that the Global Aesthetic Devices Market will grow at a CAGR of 11.1% during the forecast period of 2022 to 2029.
Below are the Top Five Facial Cleanser Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Allergan Aesthetics
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Allergan Aesthetics, a subsidiary of AbbVie, is a prominent player in the global aesthetic devices market. The company focuses on developing and marketing a wide range of aesthetic products and devices aimed at enhancing the appearance of individuals. Allergan Aesthetics offers a comprehensive portfolio of products that cater to various aesthetic needs, including facial aesthetics, body contouring, plastic surgery, and regenerative medicine.
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North America, Middle East and Africa, Europe, South America, Asia-Pacific
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In February 2022, Allergan (a subsidiary of AbbVie Inc.) announced the FDA approval of JUVÉDERM VOLBELLA XC for the improvement of infraorbital hollows in adults aged above 21.This helped the company to expand its product portfolio of aesthetics in the U.S. market.
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2.
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Mentor Worldwide LLC
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Mentor Worldwide LLC, a subsidiary of Johnson & Johnson, is a key player in the global aesthetic devices market, particularly known for its breast implants and body contouring products. The company focuses on developing and manufacturing a wide range of aesthetic devices aimed at enhancing the physical appearance of individuals.
Mentor Worldwide has a strong reputation for providing high-quality products that are safe and effective. Healthcare professionals around the world use the company's products to help patients achieve their aesthetic goals.
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North America
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In January 2022, Mentor Worldwide LLC (a subsidiary of the Johnson & Johnson Medical Devices Companies) announced that the FDA had approved the MENTOR MemoryGel BOOST breast implant for breast augmentation and breast reconstruction. This product will help the company to expand its product portfolio of aesthetics in the U.S. market.
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3.
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Shanghai Fosun Pharmaceutical（Group）Co., Ltd.
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In the global aesthetic devices market, Fosun Pharma has established a presence through its subsidiary, Fosun Pharma Industrial Pte. Ltd., which focuses on the development, manufacturing, and marketing of aesthetic devices. The company's aesthetic devices portfolio includes products for facial aesthetics, body contouring, skin rejuvenation, and hair restoration. Fosun Pharma is committed to innovation and invests significantly in research and development to develop new and improved aesthetic devices.
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North America, Europe, Asia-Pacific
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In May 2013, Shanghai Fosun Pharmaceutical (Group) Ltd., a leading healthcare company in the People's Republic of China (PRC), announced a joint acquisition with Pramerica-Fosun China Opportunity Fund, L.P., spending US$221,630,000 to acquire a 95.20% shareholding of Alma Lasers Ltd. in Israel. The acquisition was successfully completed on 27th May 2013, Israel time. This marked Fosun Pharma's first internationalized merger and acquisition, signifying a significant step toward internationalization following the completion of its H Shares offering and the opening up of the international capital channel.
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4.
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Bausch Health Companies Inc.
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In the global aesthetic devices market, Bausch Health offers a range of products and services aimed at enhancing the physical appearance of individuals. The company's aesthetic devices portfolio includes products for facial aesthetics, body contouring, skin rejuvenation, and hair restoration. Bausch Health is committed to innovation and invests heavily in research and development to develop new and improved aesthetic devices. The company also emphasizes quality and compliance with regulatory standards to ensure the safety and effectiveness of its products.
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North America, Middle East and Africa, Europe, South America, Asia-Pacific
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In February 2021, Bausch Health Companies Inc. and its Solta Medical business announced the U.S. launch of the Clear + Brilliant Touch laser for skin rejuvenation treatment. This helped the company to expand its product portfolio of aesthetics in the U.S. market.
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5.
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Candela Corporation
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Candela Corporation offers a comprehensive range of aesthetic devices that address various skin conditions and cosmetic concerns. Their product portfolio includes laser and light-based devices for hair removal, tattoo removal, skin rejuvenation, body contouring, vascular lesions, pigmented lesions, and acne treatment. The company is known for its commitment to innovation and invests heavily in research and development to bring new and advanced technologies to the market.
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North America, Europe, Asia-Pacific
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In January 2021, Candela, a leading global medical aesthetic device company has, announced the availability of the Frax Pro system, which is a FDA-cleared, non-ablative fractional device skin resurfacing with both Frax 1550 and the novel Frax 1940 applicators. This helped the company to expand the product portfolio of aesthetics in the global market.
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Conclusion
The global aesthetic devices market is a dynamic and competitive industry driven by innovation, quality, and customer satisfaction. Companies like Allergan Aesthetics, Mentor Worldwide LLC, Shanghai Fosun Pharmaceutical (Group) Co., Ltd., Bausch Health Companies Inc., and Candela Corporation are key players in this market, offering a diverse range of products and services aimed at enhancing the physical appearance of individuals.
These companies are known for their commitment to research and development, ensuring that their products remain at the forefront of the industry. They also emphasize quality and compliance with regulatory standards to ensure the safety and effectiveness of their products. Overall, the global aesthetic devices market continues to grow as more individuals seek out aesthetic treatments to improve their appearance. With ongoing advancements in technology and a focus on customer satisfaction, companies in this market are well-positioned for continued success in the future.
