Global Medical Aesthetics Market Size 2022, Share, Industry Growth, Report And Forecast Till 2027
The latest report by IMARC Group, titled “Medical Aesthetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global medical aesthetics market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. What are the growth prospects of the Medical Aesthetics Industry?
The Global Medical Aesthetics Market Analysis
The global medical aesthetics market size reached US$ 13.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.53 Billion on by 2027, exhibiting a growth rate (CAGR) of 9.60% during 2022-2027.
Medical Aesthetics refers to the process of improving the cosmetic appearance of patients to provide clearer skin and a better appearance. Medical Aesthetics includes numerous medical procedures such as facial injectables, body contouring, cellulite treatment, laser hair removal, anti-wrinkle treatments, medical-grade skincare, chemical peels, or skin resurfacing. It is performed by qualified doctors to repair the skin and enhance the appearance of an individual. It is safe, quick, effective, and minimally invasive, improves the natural look, provides long-lasting impact, and minimizes aging. As a result, medical aesthetics are widely adopted in medical spas, hospitals, clinics, and beauty centers across the globe, for requesting a sample report, click here.
Global Medical Aesthetics Market Trends
The rising awareness primarily drives the market among individuals regarding medical aesthetics procedures to improve the overall appearance. In addition, the growing inclination toward appearing fit and young is escalating the demand for aesthetic treatment in various countries. Apart from this, the rising popularity of various aesthetic procedures such as nose reshaping, botox injections, and liposuction contributes to market growth.
Moreover, the increasing number of surgeons and doctors offering safe and effective medical aesthetic treatments with reduced scarring and a quick recovery rate represents another major growth-inducing factor. Besides this, the market is also propelled by the growing prevalence of congenital face anomalies and the rising trend of medical tourism.
Furthermore, extensive research and development (R&D) activities conducted by key players to enhance their sales, profitability, and customer relation are also creating a favorable market outlook across the globe.
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
A.R.C. Laser Gmbh, AbbVie Inc., Alma Lasers Ltd., Bausch Health Companies Inc., Cutera Inc., Cynosure, El.En. S.p.A., Fotona d.o.o., Johnson & Johnson, Lutronic, Merz Pharma GmbH & Co. KGaA and Venus Concept
The report has segmented the medical aesthetics market analysis on the basis of Product, Application, End User, and Geography.
1. Breakup by Product:
- Devices
- Aesthetic Implants
2. Breakup by Application:
- Surgical
- Non Surgical
3. Breakup by End User:
- Hospitals and Clinics
- Medical Spas and Beauty Centers
4. Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request a free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Summary
The global medical aesthetics market size reached US$ 13.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.53 Billion on by 2027, exhibiting a growth rate (CAGR) of 9.60% during 2022-2027.
Source
https://www.imarcgroup.com/medical-aesthetics-market
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