Press release
Global Medical Aesthetic Device Market to witness remarkable growth by 2022 :Top keyplayers are AART Inc., Zeltiq Aesthetics Inc., and Solta Medical Inc. of USA, Allergan Inc. of Ireland and Valeant Pharmaceuticals of Canada
The term aesthetic medicine is used to refer to the different types of procedures, surgical or non-surgical or both, to improve a person's physical appearance. The surgical procedures comprise of processes like liposuction, breast implants and facelifts while the non-surgical ones comprise of radio frequency skin tightening, chemical peel, non-surgical liposuction and so on. The medical aesthetic devices comprise of handpieces, modular RF platforms, and laser platforms. Overall, they help in improving the quality of life by ensuring the psychological well-being of individuals.
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End-User/Technology
The end-users mainly comprise of people who despite being in a healthy medical condition may lack some of the external attributes like proper hair growth or may have a desire to rejuvenate their skin. Countries mostly known for aesthetic procedures are United States, Japan, South Korea and so on.
The primary technologies that are coming into the picture are the fractional laser, ultrasound and radio-frequency technologies which have improved the efficiency of these procedures. Also, the area of tattoo removal is gradually ushering in a new technology namely picoseconds technology, which is reducing the number of treatments significantly thus reducing the time and costs.
Market Dynamics
With the betterment in lifestyles of people all around the world and growing urbanization, the global aesthetics market is growing as today's world of social media also plays a very important role in people's psychological needs. Also, significant technological advances in making the procedures more efficient, less time- consuming and minimally invasive has led to more people opting for these procedures as the new technologies reduce the investment requirements.
Market Segmentation
The devices market can be segmented based on the technologies used like laser, ultrasound, and implants. Another aspect that can be considered is the type of procedures which mainly comprise of the invasive and non-invasive types. The technology growth is mainly towards making the procedures minimally invasive.
On the basis of end-users, the market can be segmented on the basis of income levels and demographics, in which also the social stigmas towards such treatments have to be considered based on the varying geography. Also, factors like average age of the working population will play a major role in the growth of a market.
Regional/Geographic Analysis
The countries with most numbers of aesthetic procedures are United States, Japan, South Korea and Brazil. Further, based on the current scenario and innovations, North America is expected to hold the major market share followed by the Europe, mainly due to the increase in aging population. Also, the growing economies of Asia Pacific are expected to show a favorable market scenario due to rapid urbanization and aging population in of the fastest growing economies of the world like China.
Opportunities
There are immense opportunities for growth due to rapid technological advancements which are making the procedures more efficient, reliable, affordable and less time-consuming. However, proper segmentation and understanding of untapped markets will play a major role in achieving high growth rates.
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Key Players
Major players include AART Inc., Zeltiq Aesthetics Inc., and Solta Medical Inc. of USA, Allergan Inc. of Ireland and Valeant Pharmaceuticals of Canada.
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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