Medical Aesthetics Industry Analysis 2019 – Recent Study Including Growth Factors, Applications, Regional Analysis, and Key Players Like ALLERGAN, Lumenis, BTL INDUSTRIES, Merz Pharma Forecasts till 2024

“Global Medical Aesthetics Market” issued by Data Bridge Market Research. Market is anticipated to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Medical Aesthetics Market: Recent Developments

There are other benefits to the usage of medical aesthetic devices procedure time (non-surgical treatments usually take about thirty minutes to perform (including anesthesia) and do not require lengthy preparation time. Common risks of non surgical procedures All of the standard risks of surgery, such as serious infection and anesthesia complications are avoided. There are two engines driving the rapid development of medical aesthetic devices. The first is the extensive research carried out both by academic institutions and by manufacturers of aesthetic devices. The second engine is the immense technological advances with which our era is characterized. According to American Society of Plastic Surgeons, there were 68,106 aesthetic breast reduction surgeries in the United States in 2015, and for the first time, men accounted for more than 40% of those procedures.

Topmost Companies:

ALLERGAN, Lumenis, BTL INDUSTRIES, LTD., Merz Pharma, Suneva Medical, Inc., Venus Concept, Valeant, Cynosure Inc, Revance Therapeutics Inc, EternoGen Aesthetics, GC Aesthetics, , Alma Lasers, Cutera, Sciton Inc, Smith & Nephew PLC, Solta Medical (a division of Valeant Aesthetics), Luteron, and Syneron Medical Ltd., among others.

Allergan:

Incorporated in 2013 and headquartered in New Jersey, U.S., Allergan is focused on developing, manufacturing and commercialising branded pharmaceuticals, devices and biologic products for patients around the globe. The company operates through seven business segments: central nervous system, eye care, medical aesthetics and dermatology, gastroenterology, women’s health, urology and anti-infective therapeutic categories.

Recent developments:

1. In April 2017, Allergan acquired ZELTIQ Aesthetics, Inc (U.S.), benefitting Allergan to become the sales leader in body contouring segment.

2. In January 2017, Allergan introduced its first injectable product, Juvederm Volite to improve the facial skin quality which lasts for nine months with one application/treatment.

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Market Drivers of Global Medical Aesthetics Market:-

Some of the major factors driving the market for medical aesthetics market is growing aging population worldwide and key players taking strategic decisions to gain market share. These factors increase the demand for medical aesthetics products. Increasing consciousness among the individuals with respect to their physical appearance, increasing cosmetic surgeries and technological advancements are the other factors driving the growth of the medical aesthetics market.

Increase In Number Of Cosmetic Surgeries:-

In recent years, the number of cosmetics surgeries across the globe has increased considerably over a period of time. The rapidly increasing aging population and the subsequent rise in the number of surgeries are major factors driving the demand for aesthetic devices and cost of healthcare.

Key Players Are Taking Strategic Decisions to Gain Market Share:-

Companies dealing in the medical aesthetics market have been leveraging mergers and acquisitions, internal R&D and new partnership to expand their business in other regions, especially in promising emerging market.

Technological Advancements and Innovations In Medical Aesthetics Market:-

The medical aesthetics technology market is expected to show significant growth in the coming years due to various technological advancements and new product launches in order to improve the convenience and ease of administration of parenteral therapeutics.

Segmentation of Global Medical Aesthetics Market:-

By Product Type [Aesthetic Laser Devices {Carbon Dioxide Laser Surfacing, Ablative Skin Resurfacing Devices, and Non-Ablative Fractional Laser Resurfacing Devices}, Energy Devices {Electrocautery Devices, Electrosurgery Devices, Cryosurgery Devices, Laser Surgery Devices, Microwave, and Harmonic Scalpel}, Skin Tightening and Body Contouring Devices {Liposuction Devices, Cellulite Reduction Devices, and Skin Tightening Devices}, Aesthetic Implants {Breast Augmentation, Aesthetic Dental Implants, Soft Tissue Implants, Buttock Augmentation, Transdermal Implants}, Facial Aesthetic Devices {Botox Injections, Chemical Peels, Collagen Injections, Cosmetic Acupuncture, Dermal Filler Injections, Electrotherapy, Facial Toning, Fraxel, Microdermabrasion and Permanent Makeup}],

By Applications (Anti-Aging And Wrinkles, Facial and Skin Rejuvenation, Vascular Lesions, Body Shaping And Cellulite, Breast Enhancement, Sears, Pigment Lesions, Reconstructive Surgery, Tattoo Removal, and Psoriasis and Vitiligo);

By End Users (Dermatology Clinics, Hospitals, Cosmetic Centers and Medical Spas and Beauty Centers), Distribution Channel (Direct Tenders and Retail);

By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa)

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