Medical Aesthetics Market has Witness a Tremendous Growth During its Forecast to 2025 (Actavis plc, Solta Medical, Inc., Syneron Candela, PhotoMedex, Cynosure, Inc., Lumenis, Johnson & Johnson and more)

Research study on the Medical Aesthetics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review. The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

The global Medical Aesthetics Market was valued at USD 8.00 billion in 2016 and is projected to reach USD 19.57 billion by 2025, growing at a CAGR of 10.45% from 2017 to 2025.

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Regional Analysis of The Medical Aesthetics Market 2025:

Regional segmentation of medical aesthetics market by Coherent Market Insights, includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America medical aesthetics market is expected to hold a dominant position, due to increasing aesthetic procedures in the region. According to American Society for Aesthetic Plastic Surgery, the number of medical aesthetics procedures performed in the U.S. has significantly increased. In 2016, people in the U.S. invested over US$ 15 billion on combined non-surgical and surgical procedures, with non-surgical accounting for 44% of all the procedures.

Latin America and Asia Pacific are expected to be lucrative markets for medical aesthetic products, owing to growing medical tourism, increasing middle class with high disposable income, and rising awareness about one’s aesthetic appeal. For instance, according to a statistics, India issued more than 0.17 million medical visas in 2016, including for follow up treatment, as against 0.12 million in 2015. According to the International Society of Aesthetic Plastic Surgery (ISAPS) report, in 2016, the top five countries – the U.S., Brazil, Japan, Italy, and Mexico – accounted for around 41.4% of the world’s cosmetic procedures, followed by Russia, India, Turkey, Germany, and France.

Dynamics and Market Outlook on Medical Aesthetics:

Furthermore, increased demand for minimally invasive and non-invasive procedures, high demand for reconstructive and augmentation surgeries, and increased adoption of laser-based devices is expected to drive growth of the medical aesthetics market during the forecast period. For instance, number for Liposuction surgery increased by 5% in 2016 as compared to previous year. In the recent past, dermatologists frequently recommend minimally invasive surgeries, due to more effectiveness, fewer post-surgery side effects and complications coupled with shorter recovery spans, eventually fueling growth of the medical aesthetics market.

Facial aesthetics segment accounted for the major revenue share in 2017, owing to rising demand for facial aesthetic treatments and non-invasive cosmetic procedures. Another factor affecting growth of market is rising geriatric population demanding these procedures, and new product launches. Medical spas and clinics segment is anticipated to exhibit highest growth during the forecast period due to growing number of medical spas and clinics and rising number of skilled professionals performing aesthetic procedures, coupled with increasing preference for minimally invasive and non-invasive aesthetic procedures.

However, social stigma associated with aesthetic procedures and stringent safety regulations governing these procedures can negatively impact the medical aesthetics market growth to some extent.

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