Obesity is a serious problem that affects the elderly in the same way that it affects the general population, according to public health organizations worldwide. Obesity is more than just an aesthetic problem. It's a health issue that raises the chance of heart disease, diabetes, high blood pressure, and several malignancies. Some people struggle to lose weight for a variety of reasons. But the option to tackle obesity comes with undergoing aesthetic surgery too. This market segment will grow because there is a lower likelihood of problems, quicker recovery, and cheaper operating costs. Breast augmentation and nose contouring are the two most popular, more invasive procedures. Both markets are expanding due to the availability of qualified surgeons and new, improved technologies.
Data Bridge Market Research shows that the Medical Aesthetics Market accounted for USD 10.47 billion in 2021, expected to reach USD 24.84 billion by 2029. The market is expected to grow with a CAGR of 11.4% from 2022 to 2029.
"Rising Demand for Aesthetic Treatments Will Aid Growth"
Plastic surgery, breast implants, botulinum toxin injection therapy, and other anti-aging procedures and goods have all been made possible by technological advancements and large investments in research and development. The market's growth potential has increased due to producers developing safer and more efficient anti-aging therapies in response to strict laws and regulations. Even though department stores have traditionally sold expensive anti-aging goods, specialty retailers have improved their accessibility and availability. These goods are now sold by online merchants, hair salons, spas, specialty retail stores, and direct response television, including infomercials and home shopping channels.
What restraints the growth of the Medical Aesthetics Market?
"Clinical Risks and Consequences Are Expected to Hamper the Market's Growth"
Medical aesthetic procedures have become increasingly popular over the past 20 years. The number of physicians and surgeons offering secure and efficient medical aesthetic procedures and the creation of technologically advanced products for those procedures have contributed to a sharp increase in the market for aesthetic treatments. Medical cosmetic procedures, however, come with several potential negative effects. Various risks and products may be present for patients receiving aesthetic therapy before, during, or after the procedure.
Segmentation: Medical Aesthetics Market
The medical aesthetics market is segmented on the basis of product type, application, end user and distribution channel.
- On the basis of product type, the medical aesthetics market is segmented into aesthetic lasers, energy devices, Body Contouring Devices, facial aesthetic devices, aesthetic implants, and skin aesthetic devices.
- On the basis application, the medical aesthetics market is segmented into anti-aging and wrinkles, facial and skin rejuvenation, breast enhancement, body shaping and cellulite, tattoo removal, vascular lesions, psoriasis and vitiligo and others.
- On the basis of end user, the medical aesthetics market is segmented into cosmetic centers, dermatology clinics, hospitals, and medical spas and beauty centers.
- On the basis of distribution channel, the medical aesthetics market is segmented into direct tender, and retail.
Regional Insights: North America is expected to dominate the Medical Aesthetics Market
North America is expected to dominate the market because more people use cosmetic procedures. The rise in the prevalence of skin conditions will also contribute to the region's medical aesthetics market's expansion throughout the forecast period.
In addition, the Asia-Pacific region is likely to register the highest growth rate from 2022 to 2029 due to the availability of products with cutting-edge technology. Additionally, the region's medical aesthetics market is projected to expand in the upcoming years due to the growing emphasis on physical attractiveness.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-medical-aesthetics-market
Recent Developments in Medical Aesthetics Market
- In June 2022, Cynosure Inc. announced PicoSure Pro as its most recent development to the PicoSure platform. PicoSure Pro uses pressure rather than heat to deliver energy in a trillionth of a second and offers all skin types safe and effective treatments for undesired pigmentation and skin rejuvenation.
The Prominent Key Players Operating in the Medical Aesthetics Market Include:
- Lumenis (Israel)
- Shanghai Fosun Pharmaceutical Group Co. Ltd. (China)
- Cynosure (U.S.)
- Candela Medical (U.S.)
- Aerolase Corp. (U.S.)
- A.R.C. Laser Gmbh (Germany)
- Asclepion Laser Technologies GmbH (Germany)
- Cutera. (U.S.)
- Eclipse (U.S.)
- Lutronic (South Korea)
- Medical Device Business Services, Inc. (U.S.)
- Merz Pharma (Germany)
- Quanta System (Italy)
- Sciton. (U.S.)
- SharpLight Technologies Inc. (Canada)
- Syneron Medical Ltd. (U.S.)
- Venus Concept. (Canada)
- Bausch Health Companies Inc. (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of medical aesthetics market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Medical Aesthetics Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.