- In November 2023, LUBEX launched the Sapphire ice-cooling hair removal device, designed for at-home use. This innovative device aims to provide a convenient and effective solution for hair removal, allowing users to achieve professional-quality results in the comfort of their own homes. The introduction of this product reflects the growing trend toward accessible aesthetic treatments that cater to consumer preferences for convenience and effectiveness
- In May 2023, the U.S. FDA granted approval for SKINVIVE by JUVÉDERM, developed by Allergan. This injectable treatment is specifically designed to enhance the smoothness and texture of the cheeks, providing patients with a more youthful appearance. The approval highlights Allergan's commitment to advancing innovative solutions in the medical aesthetics sector, catering to the growing demand for facial rejuvenation treatments
- In July 2022, Apyx Medical announced that its Renuvion device received clearance from the U.S. Food and Drug Administration (FDA) for use in aesthetic procedures aimed at improving the appearance of lax skin in the neck area. This significant approval allows practitioners to utilize Renuvion as a non-surgical option for skin tightening, addressing concerns related to aging and skin elasticity. The clearance underscores Apyx Medical's dedication to providing advanced aesthetic solutions that meet the evolving needs of consumers seeking effective treatments
- In March 2021, Bausch Health Companies Inc. introduced the Clear + Brilliant Touch laser in the U.S. market. This advanced laser system offers customizable treatments suitable for patients of all ages and skin types, addressing a variety of skin concerns. The launch reflects Bausch Health's commitment to delivering innovative solutions that enhance skin health and aesthetics, catering to a diverse clientele seeking effective, tailored skincare options
- In January 2021, Mentor Worldwide LLC, a subsidiary of Johnson & Johnson Services Inc., announced that it received U.S. FDA approval for the MENTOR MemoryGel BOOST breast implant. This implant is specifically designed for breast augmentation in women aged 22 and older who are undergoing breast reconstruction. The approval underscores Mentor's commitment to providing innovative and reliable options for enhancing breast aesthetics and meeting the needs of women seeking reconstructive solutions
Frequently Asked Questions
The market is segmented based on Segmentation, By Product Type (Aesthetic Laser Devices, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, and Skin Aesthetic Devices), Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Sears, Pigment Lesions, Reconstructive, Psoriasis, and Vitiligo and Others), End User (Cosmetic Centers, Dermatology Clinics, Hospitals, Medical Spas, and Beauty Centers), Distribution Channel (Direct Tender and Retail Sales) – Industry Trends and Forecast to 2031
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The Global Medical Aesthetics Market size was valued at USD 19.41 USD Billion in 2023.
The Global Medical Aesthetics Market is projected to grow at a CAGR of 12.6% during the forecast period of 2024 to 2031.
The major players operating in the market include Allergan, Bausch Health Companies, Lumenis, Shanghai Fosun Pharmaceutical, Cynosure, Syneron Medical, Aerolase Corp., A.R.C. Laser Gmbh, Asclepion Laser Technologies Gmbh, BTL, Cutera, Eclipse, Lutronic, Mentor Worldwide LLC, Merz Pharma, Quanta System, Sciton , Sharplight Technologies, Venus Concept, among others..
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
