[194 Pages Report] The Medical Aesthetics Market size was estimated at USD 16.00 billion in 2023 and expected to reach USD 17.65 billion in 2024, at a CAGR 10.71% to reach USD 32.65 billion by 2030.
Medical aesthetics is a rapidly evolving field that combines healthcare and beauty services with the objective of enhancing an individual's physical appearance. These procedures target various cosmetic concerns, such as skin rejuvenation, body contouring, hair removal, facial treatments, and scar removal. Increasing awareness about cosmetic procedures due to social media platforms and celebrity endorsements has fueled demand for these treatments. Advancements in technology have resulted in safer and more effective aesthetic solutions with shorter recovery times and reduced side effects. However, the lack of standardized regulations across different regions poses challenges for the market, as it can lead to varying levels of safety and efficacy. Market players are working on developing quality procedures at cost-effective prices to stay ahead in the industry. They are exploring applications of artificial intelligence (AI) and machine learning algorithms to improve treatment planning, diagnostics, and patient engagement through personalized consultations. Increasing adoption of telemedicine consultations by healthcare providers within the medical aesthetics space has allowed patients easier access to consultation services remotely while also enabling providers with a broader reach beyond geographical boundaries.
Surgical medical aesthetics involve invasive techniques performed by certified plastic surgeons or dermatologists. These procedures typically require anesthesia, incisions, and sutures to alter the structure or appearance of specific body parts. Some common examples include facelift, nose reshaping, breast augmentation, and liposuction. Non-surgical medical aesthetics encompass a diverse range of minimally invasive treatments that require little to no downtime. These procedures are typically performed by dermatologists, aesthetic physicians, or certified medical aestheticians. Popular non-surgical treatments include dermal fillers, hyaluronic acid-based gels, and chemical peels.
Clinics & medical spas represent a significant segment of end-users in the medical aesthetics market. They provide an inviting atmosphere that combines traditional day spas with state-of-the-art technology used for various treatments. Staffed by licensed estheticians or nurse practitioners working under the supervision of a physician or surgeon, these establishments must adhere to strict safety standards while ensuring high-quality care for clients. Although more commonly associated with surgical procedures such as facelifts or liposuction, hospitals also form an essential component of the medical aesthetics landscape. Many large hospitals now feature dedicated plastic surgery wings or departments offering comprehensive aesthetic treatments alongside specialized reconstructive services for trauma victims or patients with congenital anomalies.
The Americas is at the forefront of innovation in the medical aesthetics market, owing to the high-income customer base and strong investments in research and development of new procedures. The U.S. FDA's strict regulations ensure that only safe and effective products enter the market, resulting in products from the region having higher consumer confidence. Moreover, North America has a mature market status with well-established players dominating the landscape. The Asia-Pacific region has experienced exponential growth due to increased disposable income levels coupled with heightened beauty consciousness among consumers. Countries such as South Korea, Thailand, and Japan have emerged as major hubs for plastic surgery tourism. Innovations like non-surgical thread lifts or energy-based devices are gaining traction among Asian consumers who prioritize natural-looking results over more invasive procedures. Europe is a key player in the global medical aesthetics industry and has a diverse market landscape with a mix of long-standing European companies and leading American brands. The market is expected to grow as consumer demand increases for minimally invasive cosmetic treatments that offer shorter recovery times and fewer side effects.
The FPNV Positioning Matrix is pivotal in evaluating the Medical Aesthetics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medical Aesthetics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
ExoCoBio, A Leader in Exosome Technology, Completes the Acquisition of BENEV, a Global Medical Aesthetic Brand
ExoCoBio, an exosome-based regenerative aesthetics company, acquired majority ownership in BENEV, a medical aesthetic company based in the U.S. This acquisition is expected to contribute significantly to ExoCoBio's business expansion and will serve as a bridge between exosome science and clinical application, further solidifying exosome technology as a mega-trend in the market. [Published On: 2023-07-12]
Medica Forte introduces a new medium-depth chemical peel
Medica Forte, an aesthetic medical supplier, launched The Perfect Peel Superblend, a medium-depth chemical peel specifically designed for experienced medical professionals who have completed training with Medica Forte. The peel contains a powerful combination of ingredients, including glutathione and kojic acid, TCA, retinol, vitamin C, salicylic acid, resorcinol, mandelic acid, lactic acid, and azelaic acid. Its main goal is to improve skin tone and texture while stimulating collagen production. [Published On: 2023-06-22]
PE firm Kedaara Capital acquires majority stake in derma chain Oliva Skin & Hair Clinic for $65 million
Kedaara Capital has acquired a majority stake in Oliva Skin & Hair Clinic, a provider of medico-aesthetic dermatology services in the field of medical aesthetics. This investment solidifies Kedaara's dedication to the advancement of the healthcare sector and the development of innovative solutions in dermatology. Together, Kedaara and Oliva are poised to revolutionize the medico-aesthetic landscape in India. [Published On: 2023-03-13]
The report delves into recent significant developments in the Medical Aesthetics Market, highlighting leading vendors and their innovative profiles. These include 3M Company, AbbVie Inc., Acumed, LLC by Colson Medical, LLC, Alma Lasers, Ltd., Alpha Aesthetics, Inc., Anika Therapeutics, Inc., Anthony Products Inc., Arion Laboratories, Avinent Implant System, S.L.U., Candela Corporation, Cutera, Inc., Cynosure, LLC, Galderma S.A., GC Aesthetics PLC, Groupe Sebbin SAS, Guangzhou Wanhe Plastic Material Co., Ltd., Hanson Medical, Inc., Implantech Associates Inc., Institut Straumann AG, Integra LifeSciences Corporation, Johnson & Johnson Services, Inc., KLS Martin Group, Lattice Medical SAS, Medytox, Inc., Merz Aesthetics, Inc., Nobel Biocare Services AG, Quanta System by El.En. S.P.A., Sientra, Inc., Solta Medical International, Inc. by Bosch Healthcare Solutions GmbH, Stryker Corporation, and Zimmer Biomet Holdings, Inc..
This research report categorizes the Medical Aesthetics Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Aesthetic Implant
- Body Contouring Device
- Facial Aesthetic Product
- Hair Removal Device
- Nail Treatment Laser Device
- Skin Aesthetic Device
- Tattoo Removal Device
- Thread Lift Product
- Treatment
- Anti-Aging & Wrinkles
- Body Shaping & Cellulite
- Breast Enhancement
- Facial & Skin Rejuvenation
- Pigment Lesions
- Psoriasis
- Reconstructive
- Sears
- Tattoo Removal
- Vascular Lesions
- Vitiligo
- Operation
- Non-Surgical
- Surgical
- Function
- Cellulite & Fat Reduction
- Chemical Peel
- Dermal Filler
- Laser
- Liposuction Machine
- Needling
- Skin Tightening & Resurfacing
- End-User
- Dermatology & Cosmetic Center
- Hospital & Clinic
- Medical Spa & Beauty Center
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Medical Aesthetics Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medical Aesthetics Market?
- What are the technology trends and regulatory frameworks in the Medical Aesthetics Market?
- What is the market share of the leading vendors in the Medical Aesthetics Market?
- Which modes and strategic moves are suitable for entering the Medical Aesthetics Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Medical Aesthetics Market, by Product
- Medical Aesthetics Market, by Treatment
- Medical Aesthetics Market, by Operation
- Medical Aesthetics Market, by Function
- Medical Aesthetics Market, by End-User
- Americas Medical Aesthetics Market
- Asia-Pacific Medical Aesthetics Market
- Europe, Middle East & Africa Medical Aesthetics Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 26]
- List of Tables [Total: 498]
- List of Companies Mentioned [Total: 31]
The use of aesthetic devices in medical aesthetics has been growing rapidly, with numerous devices available in the market today. These devices range from handheld skin rejuvenation tools and microneedling devices to facial massagers and anti-aging devices. What makes these devices so popular among consumers is their ease of use, portability, and, most importantly, their affordability. With these devices, individuals can enjoy the benefits of medical aesthetics from the comfort of their own homes without the need to visit a clinic or spa. Instead, they can incorporate these devices into their daily skincare routine to achieve desired results.
One of the most popular aesthetic devices for home use is LED light therapy devices. These devices use varying colors of light to treat a range of skin issues, including fine lines and wrinkles, acne, and hyperpigmentation. Handheld LED light therapy devices are small and portable, making them ideal for use at home or on the go. The light emitted by these devices penetrates deep into the skin, promoting cellular regeneration and enhancing the overall health and exterior appearance of the person's skin.
Another popular home-based aesthetic device is the derma roller or microneedling device. These handheld devices have tiny needles that create microscopic punctures in the skin, promoting collagen and elastin production. The collagen and elastin help to tighten the skin and mitigate the fine lines and wrinkles. Microneedling devices are also effective in reducing the appearance of scars and hyperpigmentation. With regular use, these devices can give individuals a youthful and rejuvenated appearance.
In addition to LED light therapy devices and microneedling devices, there are also facial massagers and anti-aging devices that are gaining popularity in the market. These devices use various technologies, including radiofrequency and ultrasound, to activate collagen production and tighten the skin. Facial massagers work by increasing blood flow and lymphatic drainage, reducing puffiness and swelling. Anti-aging devices often use red and infrared light to go deep into the skin and stimulate collagen production.
The emerging adoption of aesthetic devices for home use is an exciting trend in medical aesthetics. These devices provide consumers with a convenient and cost-effective way to achieve their desired results without visiting a clinic or spa. While these devices are not a substitute for professional medical treatments, they can be an excellent addition to a skincare routine. With their ease of use, portability, and affordability, aesthetic devices for home use are offering individuals the opportunity to achieve a radiant and youthful appearance in the comfort of their own homes.
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