Medical Aesthetic Devices Market Growth by Top Manufacturers – Allergan PLC, Solta Medical Inc, Syneron Medical Ltd, Cynosure Inc, Lumenis Ltd., Johnson & Johnson, Merz Pharma GmbH, Alma Lasers Ltd, GC Aesthetics plc & Others

Global Medical Aesthetic Devices Market was valued at $9,235 million in 2016, and is expected to reach at $17,992 million by 2023, growing at a CAGR of 10.0% from 2017 to 2023. Medical aesthetic devices are used to treat impairments associated with a person’s aesthetic appearance, such as skin laxity, excessive fat, cellulite, scars, moles, wrinkles, unwanted hair, liver spots, spider veins, and skin discoloration. Aesthetic medicine includes both surgical and non-surgical procedures, and physicians may opt for a combination of both to enhance the physical appearance of the patient. Convenient replacement of dysfunctional/missing body parts caused due to accidents, trauma, and other congenital disorders is also possible by use of aesthetic implants.

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Medical aesthetic devices are used to treat impairments associated with a persons aesthetic appearance or enhance the same. In addition, these devices (particularly implants) rectify the malformations caused due to accidents, trauma, and other congenital disorders.

The medical aesthetics devices market is driven by increase in technological advancements, high demand for minimally invasive and non-invasive reconstruction surgeries, rise in incidence of congenital face and tooth deformities, and growth in awareness for aesthetic appearance. However, this growth is limited due to high cost of treatment, low reimbursements, and risk of malfunctions associated with implants. Growth of medical tourism industry, emergence of tourism medical spas, and adoption of aesthetic procedures to enhance physical appearance are expected to provide several opportunities for key market players.

The dental implants segment is expected to maintain its dominant position throughout the analysis period, due to increase in demand for cosmetic dentistry and high incidence rate of tooth loss. In addition, the aesthetic laser segment is expected to grow at the highest CAGR of 14.9% from 2017 to 2023.

North America accounted for majority of the market share (two-fifths) in 2016, and is expected to maintain its dominance throughout the forecast period, owing to increased adoption of medial aesthetics, enhanced technological advancements, and development of novel products by key players. In addition, rise in geriatric population, favorable reimbursement rates, prevalence of congenital tooth and face deformities, and advanced healthcare infrastructure fuel the market growth.

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The major companies profiled in the report include

• Allergan PLC,
• Solta Medical Inc. (a division of Valeant Pharmaceuticals International Inc.),
• Syneron Medical Ltd.,
• Cynosure Inc. (a division of Hologic, Inc.),
• Lumenis Ltd.,
• Johnson & Johnson,
• Merz Pharma GmbH & Co. KGaA,
• Alma Lasers Ltd. (acquired By Shanghai Fosun Pharmaceutical (Group) Co. Ltd.),
• GC Aesthetics plc,
• Sientra Inc.,
• Zimmer Biomet Holdings, Inc., and
• Dentsply Sirona Inc. (formerly DENTSPLY International Inc.).

Table Of Content


Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.2.1. Competitive intelligence of companies and their strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increasing demand for minimally invasive reconstruction surgeries
3.4.1.2. Technological advancements
3.4.1.3. Congenital face and tooth deformities
3.4.1.4. Awareness about aesthetic appearance
3.4.2. Restraints
3.4.2.1. High costs of treatment and low reimbursements
3.4.2.2. Risk of malfunctions
3.4.3. Opportunities
3.4.3.1. Rising medical tourism and preference for a better quality of life
3.4.3.2. Adoption of aesthetic procedures to enhance looks
3.4.4. Impact analysis

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