openPR Logo
Press release

The Global Medical Aesthetics Market to accumulate $18527.3 Million by 2028

05-28-2020 02:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Global Medical Aesthetics Market

Global Medical Aesthetics Market

A report by Triton Market Research forecasts the global medical aesthetics market, which generated $10383.8 million in 2018, to showcase a CAGR of 5.53% by the year 2028.

A recent study by Triton Market Research titled 'Global Medical Aesthetics Market,' covers the Global Analysis and Forecast for 2019-2028 by Application (Surgical [Face & Head Surgery, Breast Surgery, Body & Extremities Surgery], Non-surgical), Product (Devices [Aesthetic Laser, Skin Tightening & Body Contouring Device], Implants [Dental Implants, Breast Implants, Facial Implants, Other Implants]), End-user (Hospitals & Clinics, Medical Spas & Beauty Centers), and by Geographical Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

With the growing consciousness among people regarding the importance of physical appearance, there has been a surging demand for medical aesthetics. These procedures can be both, invasive (such as rhinoplasty) and non- or minimally invasive (such as dermal fillers).

Request Free Sample of the Global Dietary Supplement Market Report @ https://www.tritonmarketresearch.com/reports/medical-aesthetics-market#request-free-sample

The report on the global medical aesthetics market shows that the industry would generate $18527.3 million by 2028, with a CAGR of 5.53% over the forecast years from 2019 to 2028. The growing acceptance of home-use aesthetic products, along with the rising popularity of non-invasive techniques and the increasing popularity of medical aesthetic treatments, are driving the growth of this market. However, the high cost of implants is hindering the market growth. Besides, due to the side-effects associated with medical aesthetics procedures, people are apprehensive of undergoing these treatments.

The market for medical aesthetics is primarily divided into three categories: application, product, and end-user. Application is further bifurcated into surgical and non-surgical. Surgical procedures are of three types, face & head surgery, breast surgery, and body & extremities surgery. The second main segment, product, is bifurcated into implants and devices. Out of these, implants includes dental implants, breast implants, facial implants, and other implants. Whereas, devices includes aesthetic laser and skin tightening & body contouring device. The third category, end-user, comprises hospitals & clinics and medical spas & beauty centers.

North America is set to be the largest market for medical aesthetics in the world, accounting for the largest market share by 2028. The growth in this market is attributable to the rising geriatric population, favorable reimbursements provided to those opting for these treatments, high prevalence of facial & dental deformities, and technological innovation. Moreover, the youth in the US is highly influenced by celebrity culture, which has significantly raised the demand for aesthetic procedures to enhance their looks.

On the other hand, the Asia-Pacific is estimated to grow at the fastest rate in the global market during the forecast period. The large population, increased spending, and the growing cognizance regarding beauty and appearance have fueled the market in this region. Moreover, APAC has a budding medical tourism market, which is a major boosting factor for market growth.

Candela Corporation, Lumenis (UK) Ltd, Ipsen Pharma, Cutera, Inmode (Formerly Invasix), Galderma, Allergan, Johnson & Johnson, Merz Pharma, Sientra Inc, Bausch Health Companies Inc (Formerly Valeant Pharmaceuticals), Institut Straumann AG, Zimmer Biomet, and Cynosure are some of the well-known companies in the medical aesthetics market.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/medical-aesthetics-market#purchase-option

Question & Answer: Medical Aesthetics Market

Question 1: What factors are driving the growth of the medical aesthetics market?
Answer: The growing acceptance of home-use aesthetic products, along with the rising popularity of non-invasive techniques and the increasing popularity of medical aesthetic treatments, are driving the growth of this market.

Question 2: What is hindering the medical aesthetics market growth?
Answer: The high cost of implants is hindering the market growth. Besides, due to the side-effects associated with medical aesthetics procedures, people are apprehensive of undergoing these treatments.

Question 3: How are the regions of North America and the Asia-Pacific influencing the growth of the medical aesthetics market?
Answer: North America is set to be the largest market for medical aesthetics in the world, accounting for the largest market share by 2028. The growth in this market is attributable to the rising geriatric population, favorable reimbursements provided to those opting for these treatments, high prevalence of facial & dental deformities, and technological innovation. Moreover, the youth in the US is highly influenced by celebrity culture, which has significantly raised the demand for aesthetic procedures to enhance their looks.

On the other hand, the Asia-Pacific is estimated to grow at the fastest rate in the global market during the forecast period. The large population, increased spending, and the growing cognizance regarding beauty and appearance have fueled the market in this region. Moreover, APAC has a budding medical tourism market, which is a major boosting factor for market growth.

Question 4: Which are the well-known companies in the medical aesthetics market?
Answer: Candela Corporation, Lumenis (UK) Ltd, Ipsen Pharma, Cutera, Inmode (Formerly Invasix), Galderma, Allergan, Johnson & Johnson, Merz Pharma, Sientra Inc, Bausch Health Companies Inc (Formerly Valeant Pharmaceuticals), Institut Straumann AG, Zimmer Biomet, and Cynosure are some of the well-known companies in the medical aesthetics market.

Related Report:
Global Cosmetic Surgery and Procedure Market

The global cosmetic surgery and procedure market is forecasted to exhibit a CAGR of 5.70% by revenue during the forecasted period from 2019 to 2027, thereby generating $48278.8 million by 2027.

The surging demand for cosmetic surgical procedures can be credited to greater consumer awareness regarding the availability of these procedures. Moreover, people now have increased disposable incomes, owing to which they can afford a better lifestyle. A significant percentage of the population has therefore been spending increasingly on cosmetic treatments. Moreover, due to technological advancements, non-surgical aesthetic treatments have been developed, and consumers have largely embraced them.

Furthermore, the rising medical tourism in the developing economies, growing aging populace, and the development of healthcare infrastructure also help in market growth. The medical tourism business has been booming in recent years, particularly in countries like India, Singapore, Thailand, and Brazil. Cost is a major factor due to which these countries receive a major international patient inflow. Medical procedures in the developing nations are almost 50% to 80% cheaper when compared to those in developed economies. Moreover, these nations boast of highly qualified professionals, nationally & internationally accredited hospitals, and the use of modern technology to perform cosmetic procedures.

Triton Market Research
196, wards wharf approach
London E16 2EQ
Phone: +44 7441 911839
Email: sales@tritonmarketresearch.com
Website: https://www.tritonmarketresearch.com/

We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Global Medical Aesthetics Market to accumulate $18527.3 Million by 2028 here

News-ID: 2060776 • Views: 364

More Releases from Triton Market Research

Global Flexible Packaging Market Estimated to Gain $350.17 Billion in Revenue by …
A recent study by Triton Market Research titled Global Flexible Packaging Market discusses the Global Analysis and Forecasts by Type (Gusseted Bags, Stand-Up Pouches, Wraps, Flat Pouches, Rollstock, Wicketed Bags), Application (Cosmetics, Pharmaceuticals, Food & Beverage, Others), Printing Technology (Rotogravure, Digital Printing, Flexography, Others), Raw Material (Bioplastic, Aluminum, Paper, Plastic), and Geography (Latin America, Europe, Asia-Pacific, Middle East and Africa, and North America). Flexible packaging is a customization solution used for
Global Smoke Detector Market Estimated to Gain $2783.82 Million by 2028
A recent study by Triton Market Research titled 'Global Smoke Detector Market,' consists of the Global Analysis and Forecasts by End-user (Telecommunication, Manufacturing, Automotive, Commercial, Oil & Gas, Residential, Other End-users), Type (Dual Sensor, Photoelectric, Ionization, Other Types), Power Source (Hardwired Smoke Detectors, Battery-powered Smoke Detectors, Others {Hardwired with Battery}), and Regional Outlook (Europe, Latin America, Asia-Pacific North America, and Middle East and Africa). Request Free Sample of the Global Smoke
Global Renewable Methanol Market Evaluated to Grow at $4296.33 Million by 2028
A recent study by Triton Market Research titled 'Global Renewable Methanol Market' by End-user (Transportation, Power Generation, Chemical, Other End-users), Feedstock (Agricultural Waste, Forestry Residues, CO2 Emissions, Municipal Solid Waste, Other Feedstocks), Application (Solvents, DME & MTBE, Formaldehyde, Gasoline, Other Applications), and Geography (Latin America, North America Asia-Pacific, Europe, Middle East and Africa). Renewable methanol is a liquid produced from renewable energy and is used largely as a substitute for
Electric Power Distribution Automation Systems Market Analysis for 2028
According to Triton's report, the global electric power distribution automation systems market, which attained $30053.37 million in 2021, is expected to register progress at 7.05% of CAGR by 2028. A recent study by Triton Market Research titled 'Global Electric Power Distribution Automation Systems Market' by Implementation (Feeder Automation, Substation Automation, Consumer Automation), End-user (Industrial, Commercial, Residential), and Regional Outlook (Europe, the Middle East and Africa, Asia-Pacific, North America, and Latin America).

All 5 Releases


More Releases for Medical

Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Medical Defibrillator(Monophasic)
Asynchronizer:External defibrillator Charging time:At 360J less than 10 sec Paddle configuration:Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and