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Medical Aesthetics Market Size and Share Analysis By Product (Facial Aesthetic, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, Tattoo Removal Devices), Technology (Invasive, Non-Invasive, Minimally Invasive), End User (Hospitals & Clinics, Dermatology & Cosmetic Centers) – Forecast till 2030
The medical aesthetics market size was valued worth USD 13.9 billion in 2021 and expected to reach USD 39.1 billion by 2030 at 11.1% CAGR during the forecast period 2022-2030. The medical aesthetics market refers to the segment of the healthcare industry that focuses on improving the physical appearance and aesthetic appeal of individuals through medical procedures and treatments. It includes a wide range of cosmetic procedures and products that are designed to enhance the overall appearance of a person, such as facial rejuvenation, body contouring, hair removal, and skin tightening. The COVID-19 pandemic has had a significant impact on the medical aesthetics market. During the initial phases of the pandemic, many elective procedures and treatments were postponed or canceled due to the focus on urgent and essential healthcare services. The temporary closure of clinics and restrictions on non-essential services also contributed to the decline in demand for medical aesthetics treatments.
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Key Players
Some of the market key players are Galderma Laboratories, L.P (US)., Allergan plc (Ireland), Merz Pharmaceuticals GmbH (Germany), Lumenis (Israel) and Bausch Health (US).
Market Segmentation
The Global medical aesthetics market has been segmented into Product, Technology and End User.
Based on Product: Facial Aesthetic, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices and Tattoo Removal Devices
Based on Technology: Invasive, Non-Invasive and Minimally Invasive
Based on End User: Hospitals & Clinics, Dermatology & Cosmetic Centers
Regional Analysis
North America is one of the largest markets for medical aesthetics, driven by high consumer awareness, disposable income, and advanced healthcare infrastructure. The United States dominates the market in this region. Europe is another significant market for medical aesthetics, with countries like Germany, France, and the United Kingdom leading the demand for cosmetic procedures. The region is known for its stringent regulatory standards and a high focus on patient safety. The Asia Pacific region is witnessing rapid growth in the medical aesthetics market, primarily driven by factors such as rising disposable income, growing awareness about aesthetic procedures, and a large population base. Countries like China, Japan, South Korea, and India are emerging as key markets in this region. Latin America is experiencing steady growth in the medical aesthetics market, fueled by increasing aesthetic consciousness among the population and the availability of advanced treatment options. Brazil and Mexico are the major markets in this region. The Middle East and Africa region is also witnessing a growing demand for medical aesthetics procedures. The market growth is driven by factors such as increasing disposable income, a desire for youthful appearance, and the presence of medical tourism hubs.
Browse In-depth Market Research Report (210 Pages) on Medical Aesthetics: https://www.marketresearchfuture.com/reports/medical-aesthetics-market-6807
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