Central Europe Aesthetics Market, By Product (Device, Topical Drugs), Application (Invasive Procedures and Non-invasive Procedures), End User (Hospitals, Clinics, Dermatology Clinics, Academic and Private Research Institutes, Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales) – Industry Trends and Forecast to 2030.
Central Europe Aesthetics Market Analysis and Size
The demand for the aesthetics market is growing for which healthcare providers are now primarily more focused and they are developing and launching new products in the market. The growing demand for hair removal procedures, numerous market players are launching several new products in the market to capitalize on them. The market is anticipated to witness significant growth, boosted by the increasing establishment of medical spas in Europe and rising patient demand for minimally and non-invasive body contouring procedures.
Data Bridge Market Research analyses a growth rate in the aesthetics market in the forecast period 2023-2030. The expected CAGR of aesthetics market is tend to be around 9.4% in the mentioned forecast period. The market is valued at USD 1675.29 million in 2022, and it would grow upto USD 3437.39 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Central Europe Aesthetics Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Device, Topical Drugs), Application (Invasive Procedures and Non-invasive Procedures), End User (Hospitals, Clinics, Dermatology Clinics, Academic and Private Research Institutes, Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales)
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Countries Covered
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Germany, Russia, Denmark, Poland, Belgium, Ireland, Austria, Switzerland, Netherlands, Czech Republic, Ukraine, Rest of CIS Countries and Rest of Central Europe
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Market Players Covered
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Johnson & Johnson Services, Inc (U.S.), GALDERMA LABORATORIES, L.P. (U.S.), Abbvie, Inc (U.S.), Merz Pharmaceuticals, LLC. (U.S.), POLYTECH Health & Aesthetics GmbH (Germany), Cynosure Inc. (U.S.), Bausch Health Companies Inc. (Canada), LUTRONIC (South Korea), Fotona (U.S.), Sebbin (France), Anika Therapeutics, Inc. (U.S.), Sciton (U.S.), Parc Haute Technologie (France), Pharmann sp. z o. o. (Poland), Sinclair (U.S.)
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Market Opportunities
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Market Definition
Aesthetics consists of all medical procedures that improve the physical appearance and satisfaction of the patient. It includes all medical treatments that are primarily focused on enhancing the cosmetic appearance of patients. This aesthetics include devices that are used for performing minimally invasive procedures and non-invasive procedures and topical drugs. Some procedures are performed under local anaesthesia, while others don't require anaesthetics.
Central Europe Aesthetics Market Dynamics
Drivers
- Increasing Rate of Surgical Procedures
Healthcare professinals will increase cellulite reduction and skin tightening due to these high-margin business of the aesthetics. For instance, according to the International Society of Aesthetic Plastic Surgery (ISAPS) 2019 statistics, Germany's total number of procedures stood at 983,432. It was witnessed that the most common surgical procedure in Germany is Breast Augmentation, Liposuction, Eyelid Surgery, Abdominoplasty, and Breast Lift with 66,972; 62,865; 44,592; 24,280; 19,712 procedures, respectively. In addition to this, according to the British Association Of Aesthetic Plastic Surgeons 2020 data, breast augmentation is the most common procedure in the U.K. among women, which is followed by breast reduction and eyelid surgery. Thus, this factor increases the growth of the market.
- Increasing Product Launches
Rising demand for hair removal procedures are letting numerous market players launch new products to capitalize on them. For instance, Cynosure launched the Elite iQ platform in the European market in 2020. The platform provides customized laser hair removal treatments and permanently decreases unwanted hair in all skin types. Thus, the development of new products with advanced technologies and increasing demand are estimated to boost the market growth in the European countries.
Opportunities
- Growing Physical Consciousness Among Millennials
In Europe, the increasing popularity of beauty clinics has augmented the demand for different beauty devices for better treatment services. Increasing physical consciousness among millennials has boosted the need for alternative methods such as regular hair trimming and body hair shaving. For instance, according to the American Society of Plastic Surgeons (ASPS), in Italy, the number of hair removal procedures was reported to be 30,483 in 2019. Likewise, about 25,265 hair removal procedures were performed in France. Thus, this factor boosts the market growth.
Restraints/Challenges
- High Cost of Surgeries
There are various side effects associated with aesthetic surgeries that impede the market growth. There are different surgeries such as body lift which is the most expensive plastic surgery with a price range between $7,000 – $30,000. Furthermore, plastic surgery is often considered as an aesthetic operation, therefore it comes at a high price. These all factors hamper the growth of the market.
This aesthetics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aesthetics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2020, Galderma, a Swiss pharmaceutical company, received U.S. Food and Drug Administration approval for Restylane Kysse for lip augmentation and the correction of upper perioral rhytids which means wrinkles around upper lips in adults over the age of 21 years.
- In 2020, in the United Kingdom, 3D- Lipo Ltd launched 3D-Powersculpt, a brand-new device providing a powerful new revolution in body shaping and muscle toning with just one treatment being equivalent to 20,000 crunches or squats.
Central Europe Aesthetics Market Scope
The aesthetics market is segmented on the basis of product, application, end users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Device
- Energy-based Aesthetic Devices
- Laser-based Aesthetic Device
- Radiofrequency (RF)-based Aesthetic Device
- Light-based Aesthetic Device
- Ultrasound Aesthetic Device
- Non-Energy Based Aesthetic Devices
- Botulinum Toxin
- Dermal Fillers and Aesthetic Threads
- Chemical Peels
- Microdermabrasion
- Implants
- Topical Drugs
Application
- Invasive Procedures
- Non-invasive Procedures
End User
- Hospitals
- Clinics
- Dermatology Clinics
- Academic and Private Research Institutes
- Others
Distribution Channel
- Direct Tender
- Retail Sales
- Online Sales
Aesthetics Market Regional Analysis/Insights
The aesthetics market is analyzed and market size insights and trends are provided by product, application, end users and distribution channel as referenced above.
The major countries covered in the aesthetics market report are Germany, Russia, Denmark, Poland, Belgium, Ireland, Austria, Switzerland, Netherlands, Czech Republic, Ukraine, Rest of CIS Countries and Rest of Central Europe.
Germany is expected to have the highest growth rate in the forecast period due to easy availability of non-invasive surgeries. Also, increase in number of surgeries and the increasing popularity of beauty clinics surges the demand of the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of Central Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Central Europe Aesthetics Market Share Analysis
The aesthetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Central Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aesthetics market.
Key players operating in the aesthetics market include:
- Johnson & Johnson Services, Inc (U.S.)
- GALDERMA LABORATORIES, L.P.(U.S.)
- Abbvie, Inc (U.S.)
- Merz Pharmaceuticals, LLC. (U.S.)
- POLYTECH Health & Aesthetics GmbH (Germany)
- Cynosure Inc. (U.S.)
- Bausch Health Companies Inc. (Canada)
- LUTRONIC (South Korea
- Fotona (U.S.)
- Sebbin (France)
- Anika Therapeutics, Inc.(U.S.)
- Sciton (U.S.)
- Parc Haute Technologie (France)
- Pharmann sp. z o. o.(Poland)
- Sinclair (U.S.)
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