Medical Aesthetics Market Technology (Invasive, Non-Invasive, Minimally Invasive), By Product (Facial Aesthetic, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, Tattoo Removal Devices), End User (Hospitals & Clinics, Dermatology & Cosmetic Centers) - Forecast 2027

ID: VPR/HC/1116 Publishing Year: January 2022 Pages: 119 Format:   


Medical Aesthetics Market Overview:

The Expression Medical Aesthetics is a field of medicine that focuses on procedures and techniques for improving and enhancing the appearance, texture, and curves of the skin, face, and body. Scars, moles, liver spots, excess fat, wrinkles, skin laxity, undesired hair, cellulite, spider veins, and skin discoloration are all treated in this branch. Reconstructive surgery, dental and maxillofacial surgery, plastic surgery, dermatology, and other specialties are all included. It is primarily concerned with the use of a variety of cosmetic goods for medical purposes and to improve a patient's overall appearance.

Skin laxity, excess fat, cellulite, scars, moles, wrinkles, undesired hair, liver spots, spider veins, and skin discolouration are all treated with Medical Aesthetic Devices. Aesthetic medicine encompasses both surgical and non-surgical procedures, and clinicians may choose to use a combination of the two to improve a patient's physical appearance. The usage of cosmetic implants can also be used to restore functional/missing body components caused by accidents, trauma, and other congenital abnormalities.

Key Players:

The Prominent Players in the Medical Aesthetics Market are Galderma Laboratories, L.P (US)., Allergan plc (Ireland), Merz Pharmaceuticals GmbH (Germany), Lumenis (Israel), and Bausch Health (US).

Market Drivers:

A huge surge in the preference for minimally invasive and noninvasive aesthetic operations over traditional surgical procedures has occurred in the last decade. Minimally invasive/nonsurgical techniques have a number of advantages over typical surgical procedures, including less discomfort, scars, and recovery time. In addition, these techniques are less expensive than standard surgical procedures. According to the International Society of Aesthetic Plastic Surgery (ISAPS), the number of plastic and cosmetic treatments increased by 5.4 percent between 2017 and 2018.

Restraint:

Medical cosmetic procedures have grown in popularity during the last two decades. Because of the increase in the number of doctors and surgeons delivering safe and effective Medical Aesthetic Treatments, as well as the introduction of technologically improved goods for the same, the Market for Aesthetic Treatments has seen tremendous expansion. Medical cosmetic therapies, on the other hand, are linked to a variety of potential negative effects. Aesthetic Treatment patients may experience a number of risks and consequences after or during the surgery.

Market Segmentation:

The Medical Aesthetics Market is divided into three categories: product, technology, and end user.

The market for Medical Aesthetics has been categorised into face aesthetics, body contouring devices, cosmetic implants, hair removal devices, skin aesthetic devices, tattoo removal devices, and others based on the product. The Global Medical Aesthetics Sector has been divided into three categories based on technology: invasive, non-invasive, and minimally invasive. In 2019, the invasive sector has the biggest market share. Some of the most popular invasive aesthetic operations are liposuction, breast augmentation, and nose reshaping, among others. The growing number of men and women who wish to improve their aesthetic look is driving up demand for liposuction treatments, which is Driving up the Medical Aesthetics Market. Hospitals & clinics, dermatology & cosmetic centres, and others make up the medical aesthetics market by end user. The Medical Aesthetics Market was dominated by hospitals and clinics. The demand for Medical Aesthetics is increasing as the patient pool in hospitals and clinics grows, fueling the Medical Aesthetics Market Growth in this category.

Regional Analysis:

The paper gives a comprehensive overview of the industry, using both qualitative and quantitative data. It gives a broad overview of the Global Market and forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South America, for the years 2019 to 2028. The Medical Aesthetics Market is further split by nations and categories within each region. The research examines and forecasts 18 countries throughout the world, as well as the present trend and prospects that exist in the region.

The research examines market aspects from both the demand and supply sides, as well as market characteristics that will affect the market throughout the forecast period, such as drivers, constraints, opportunities, and future trends. After examining political, economic, social, and technical aspects affecting the Medical Aesthetics Market in various regions, the study presents a comprehensive PEST analysis for all five regions: North America, Europe, APAC, MEA, and South America.

Covid-19 Impact:

The COVID-19 epidemic has had a major impact on the Medical Aesthetics Industry. The beauty and luxury industry is dealing with issues in its manufacturing and supply chain, such as getting items to end users on time and dealing with irregular demand for products and services. Due to the lockdown, the market is experiencing a period of short-term negative growth, which can be attributed to factors such as a drop in product demand from major end users, limited operations in most industries, temporary closure of major end-user facilities (including beauty centres and spas), disrupted supply chain, and challenges in providing essential/post-sales services.

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