The global Aesthetic Medicine Market will register an 4.7% cagr in terms of revenue, the global market size will reach us$ 267.3 million by 2027.
Manufacturers have introduced unique aesthetic gadgets in recent years, resulting in an increase in demand for cosmetic treatments. Technologically advanced items, such as non-invasive body shaping gadgets that use fat freezing technology, are projected to generate profitable prospects in the next years. The worldwide aesthetic medicine market is predicted to grow as a result of these beauty industry advances.
Aesthetic medicine is a relatively new area that focuses on the use of minimally invasive and non-invasive therapies to improve a patient's visual appearance. Medical aesthetics has been shown to increase the quality of life, wellbeing, and social involvement significantly. This is one of the key drivers of market expansion. The medical aesthetics market is mostly focused on enhancing cosmetic appearance. It can be used to treat a variety of dermatological and surgical problems. Excess fat, cellulite, and obesity can all be treated with this supplement. Scars, undesired hair, skin discoloration, and spider veins can all be efficiently treated using aesthetic medicines combined with laser-based therapy.
The market was initially harmed by social distancing norms and a large decrease in consumer income. The industry suffered a period of short-term negative growth due to factors such as temporary closures of beauty salons, lower product demand, and limited operations. Remote working or working from home, on the other hand, has increased the amount of time spent on Zoom calls. People are particularly conscious of their physical appearance. As a result, demand for cosmetic surgery has increased, with Botox being one of the most popular treatments. Patients are also growing increasingly interested in cosmetic procedures due to the simplicity with which they can heal while staying at home.
Who are the major players in the Aesthetic Medicine Market?
The top key players in the Aesthetic Medicine market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Aesthetic Medicine market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson & Johnson (NYSE: JNJ), Merz Aesthetics, PhotoMedex, Syneron Medical, Galderma, and others.
Industry News;
Allergan Aesthetics Announces Open Casting Call for BOTOX® Cosmetic (onabotulinumtoxinA)
Jan. 24, 2022-- Allergan Aesthetics, an AbbVie company (NYSE: ABBV) announced today it will be hosting an open casting call seeking people who would like to share their BOTOX® Cosmetic Story. The company continues its commitment to showcasing real people and real stories as part of its larger mission to create a more inclusive and authentic dialogue around the decision to receive aesthetic treatments. Building on the success of the original 'See Yourself' campaign, launched in 2021, BOTOX® Cosmetic, is launching its first-ever open casting call which will bring together new and existing patients to share their personal stories and treatment journeys in a national advertising campaign.
The market is segmented based on the type, applications, companies, and regions.
By type, the Aesthetic Medicine Market has been segmented into
The end user’s industry application on the Aesthetic Medicine Market is,
North America had the highest revenue share of over 35.0 percent in 2021. Advanced healthcare infrastructure, cosmetic procedure acceptance, the rising frequency of skin problems, and the presence of board-certified and trained cosmetic surgeons in the region are all contributing to the market's growth in this region. In 2021, North America had the highest revenue share. Some of the primary reasons contributing to the market's revenue growth in this region include the rising adoption of cosmetic operations, the rising prevalence of skin problems, and the presence of board-certified and professional cosmetic surgeons. The American Academy of Aesthetic Medicine (AAAM), which has been the world's leading provider of aesthetic medicine education and training since 1999, offers a variety of certificate, diploma, and master's courses throughout the United States and Europe. Furthermore, the Canadian Board of Aesthetic Medicine (CBAM) is hosting Master Workshops & Presentations on July 9 and 10, 2022, which are projected to raise awareness of aesthetic medicinal procedures among a larger number of people, resulting in revenue growth for the industry.
North America
The Aesthetic Medicine market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Aesthetic Medicine market report also conducted a pestle analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Aesthetic Medicine Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson & Johnson (NYSE: JNJ), Merz Aesthetics, PhotoMedex, Syneron Medical, Galderma |
Forecast period 2022 to 2028 cagr | Cagr of 4.7% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson & Johnson (NYSE: JNJ), Merz Aesthetics, PhotoMedex, Syneron Medical, Galderma |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 108 |
Customization available | Yes, the report can be customized as per your needs |
What is the study period of this Market?
The Aesthetic Medicine market is studied from 2017 - 2027.
What is the growth rate of Aesthetic Medicine Market?
The Aesthetic Medicine market is growing at a cagr of 4.7% over the next 5 years.
Who are the key players in Aesthetic Medicine Market?
Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson & Johnson (NYSE: JNJ), Merz Aesthetics, PhotoMedex, Syneron Medical, Galderma
What regions does this Aesthetic Medicine Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Aesthetic Medicine Market?
Surgical Procedures, Non-surgical Procedures
What are the major end-use applications of the Aesthetic Medicine Market?
Hospitals, Ambulatory Surgical Centers, Beauty Centers & Medical Spas, Dermatology Clinics
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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