Combination Treatment In Aesthetics Market Analysis and Value Forecast Snapshot with major Key Players Syneron Medical, Allegern, Hologic, Cynosure, Merz GmbH and KGaA, Bausch Health

Combination treatment in aesthetics offers couple of advantages such as reduced number of dermatology clinic visits and improved clinical outcome of treatment, as two different cosmetic procedures contributes its own benefits thereby providing synergic effect. Furthermore, multiple modalities of non-invasive therapies are used in combination treatment in aesthetics. Combination treatment in aesthetics offers unique approach to treat variety of aesthetic problems such as skin resurfacing, hair removal, hyperpigmentation, scar removal, tattoo removal and other treatments. Increasing awareness about various modalities of aesthetic treatment, preference to improve visual / aesthetic appearance, and decreasing device cost is resulting into wide adoption of the combination therapies from both physician end and consumer end.

The global combination treatment in aesthetics market size was valued at US$ 2334 million in 2017, and is expected to witness a CAGR of 9.1% over the forecast period (2018 – 2026).

Increasing incidences of the facial problems (wrinkles, acne, scar, sun damaged skin, stretch marks, and hyperpigmentation) is resulting in to wide utilization of non-invasive as well as minimally invasive cosmetic procedures, which in turn is expected to drive growth of the combination therapies in aesthetics market. Dermatologist are applying the combination of treatment to improve the final outcome with rapid penetration of these procedures. According to the report by International Society of Aesthetic Plastic Surgery titled Global Aesthetic Survey Results published in 2015, around 20 million cosmetic procedures were conducted worldwide, in 2014. This includes 9,645,395 surgical procedures and 10,591,506 non-surgical procedures. According the same source, over 55% of these cosmetic procedures were carried out in 10 countries such as the U.S., Brazil, Japan, Italy, Mexico, Russia, India, Turkey, Germany, and France.

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According to Plastic Surgery Statistics Report, 2017, by American Society for Plastic Surgeons, in 2017, 4% increase was observed in patient’s base, which underwent multiple therapies for same cosmetic treatment. Moreover, over 14 million minimally invasive cosmetic procedures were performed that include, botulinum toxin type- A, soft tissue fillers, laser hair removal, laser skin resurfacing, microdermabrasion, and others. Preference for combination treatment is expected to improve with enormous adoption of minimally invasive therapies, which in turn is expected to boost the combination treatment in aesthetics market growth.

However, lack of reimbursement for cosmetic procedures by insurance companies is expected to limit the utilization of the procedure, in turn restraining growth of the market. According to the American Society of Plastic Surgeons (ASPS) in 2017, each session of the non-ablative laser treatments cost around US$ 1,031 per session, while ablative treatments cost around US$ 2,330 per session. Furthermore, no standard guidelines are available for implementing combination treatment in aesthetic, which may lead to slower adoption of this approach.

Combination treatment in aesthetic market is expected to witness positive growth over the forecast period, owing to increasing preference for skin-related minimally-invasive therapies around the world. According to the report by International Society of Aesthetic Plastic Surgery titled Global Aesthetic Survey Results, 2017, around 14% increase in skin rejuvenation procedures was reported worldwide in 2016. According to same source, around 2,545,922 facial rejuvenation surgeries were conducted worldwide in 2016. According to the American Society for Aesthetic Plastic Surgery’s national data bank, the U.S. spent US$ 2,332,965,407 on skin rejuvenation procedures, in 2015.

Furthermore, high prevalence of skin-related disorders and increase geriatric population is expected to propel demand for the combination treatment in aesthetic market. According to a study published in the British Journal of Dermatology, in 2015, around 9.4% of the global population was estimated to be affected by acne. Furthermore, Photon-based therapy and lased-based therapy are emerging as new trend in acne scars treatment, which is expected to contribute to the market growth over the forecast period.

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