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Global Medical Aesthetics Market (COVID - 19 Updates) 2020-2027 Research Report | Know The Growth Factors and Future Scope || Allergan, Bausch Health Companies Inc., Lumenis, Shanghai Fosun Pharmaceutical Group Co. Ltd
A DBMR team makes use of simple language and easy to understand statistical images to provide thorough information and in-depth data on the industry and Global Medical Aesthetics Market. The company profiles of all the key players and brands that are dominating the market have been taken into consideration here. The report also shares gross margin, market share, attractiveness index, and value and volume growth of all of the segments studied by the analysts. The report provides players with crucial information and suggests result-oriented tactics to gain a competitive edge in the worldwide market. Important industry trends, market size, market share estimates are analysed and mentioned in the Global Medical Aesthetics Market research report.What's more, Global Medical Aesthetics Market report assesses each segment of the global market in a very detailed pattern so that readers can be informed about future opportunities and high-growth areas of the industry. This Global Medical Aesthetics Market report makes you focus on the more important aspects of the market like what the market recent trends are. Besides, it offers a complete study of crucial market dynamics, including growth drivers, restraints, challenges, trends, and opportunities. Readers are presented with accurate facts and figures related to the market and its significant factors such as consumption, production, revenue growth, and CAGR.
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Global medical aesthetics market is projected to register a healthy CAGR of 12.1% in the forecast period of 2019 to 2026.
Aesthetics devices are an innovative advancement, providing a solution to patients which deal with the ingenuity of creating beauty. The medical aesthetics devices is a growing market owing to its benefits such as maintaining the youthful appearance, pain free and non-invasive beauty treatments, maintenance free skin that remains smooth and hairless without the need for shaving, waxing or unpleasant hair treatments, improving the cosmetic appearance, and technological advancement in medical aesthetics devices.
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.
Major Industry Competitors: Global Medical Aesthetics Market
Some of the major players operating in the global medical aesthetics market are Allergan, Bausch Health Companies Inc., Lumenis, Shanghai Fosun Pharmaceutical Group Co. Ltd., Cynosure, Syneron Medical Ltd, Aerolase Corp., A.R.C. Laser Gmbh, Asclepion Laser Technologies Gmbh, Btl, Cutera, Eclipse, Lutronic, Mentor Worldwide Llc, Merz Pharma, Quanta System, Sciton Inc., Sharplight Technologies Inc, Syneron Medical Ltd., Venus Concept.
Global Medical Aesthetics Market By Product type (Aesthetic Lasers, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices), Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Psoriasis and Vitiligo, Others), End User (Cosmetic Centres, Dermatology Clinics, Hospitals, Medical Spas and Beauty Centres), Distribution Channel (Direct Tender, Retail), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
What are the major market growth drivers?
Aesthetics devices are an innovative advancement, providing a solution to patients which deal with the ingenuity of creating beauty. The medical aesthetics devices is a growing market owing to its benefits such as maintaining the youthful appearance, pain free and non-invasive beauty treatments, maintenance free skin that remains smooth and hairless without the need for shaving, waxing or unpleasant hair treatments, improving the cosmetic appearance, and technological advancement in medical aesthetics devices.
The market is showing a substantial growth in the emerging countries as these countries are adapting to the trends of urbanization. Brazil, South Africa, Thailand and many others have improved in the past one decade. People are opting different aesthetics surgeries to maintain themselves, which give them better results without any stressful physical efforts. Medical Aesthetics is one of the most trending concepts of the 21st Century which will show a substantial increase in the future as there is a great technological advancement and innovation in the field by the companies dealing with these devices making them safer and even less invasive leading to more population opting for these procedures.
Browse more insight of Medical Aesthetics market research report enabled with respective tables and figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-aesthetics-market
Some of the Global Medical Aesthetics Market developments are as follows:
In April 2019, Merz Pharma announced the launch of their new dermal filler “Belotero Revive”, it is a type of hyaluronic acid (HA) filler consisting of glycerol, which helps in improving hydration, firmness and elasticity of the skin, working underneath it which subsequently result in the reduction of redness and rough skin appearance as well as fine lines. The product is being made available in certain European and South American countries, with greater presence of the product set at a later stage
In September 2018, Allergan announced the introduction of “Spotlyte”, a digital hub designed to provide awareness amongst consumers regarding the availability of various medical aesthetic treatments. This digital hub consists of all of the latest news, researches, product reviews, giving an enhanced level of insight into the services available with the aesthetic industry of healthcare
Product Launch:
In 2017 Merz announced the launch of its new product line Cellfina System. This is a treatment which is used to reduce and improve the appearance of cellulites.
In 2018, Lutronic announced the availability of its new product LaseMD, a 1927nm Thulium laser. It was a new innovation that allows skin resurfacing to every patient.
In 2016, BTL Aesthetics launched BTL EXILIS ULTRA, BTL Cellutone. This will enhance the BTL’s portfolio of products.
Allergan
The company was founded in 2013 and headquartered at Dublin, Ireland. The company is focused on developing, manufacturing and commercializing branded device, biologic, pharmaceutical, surgical and regenerative medicine products for patients throughout the world. The main business segments are US Specialized Therapeutics, US General Medicine, International. The revenue of the company in healthcare sector 2018 was USD 16,550.8 Million. The company has global presence in North America, Asia Pacific, South America, Europe and Middle East & Africa.
In 2017, Allergan acquired ZELTIQ Aesthetics, Inc. (U.S.). This acquisition has benefitted Allergan to be sales leader in body contouring segment of medical aesthetics.
Bausch Health Companies Inc.
The company was founded in 1959 and headquartered at Quebec, Canada. The company is engaged in manufacturing and marketing a broad range of branded and generic pharmaceuticals, over-the-counter (OTC) products and medical devices. The main business segments are Bausch + Lomb/International, Branded Rx, U.S. Diversified Products. The revenue of the company in healthcare sector 2018 was USD 8,174.8 Million. The company has global presence in North America, Europe, the Middle East, Africa, Asia Pacific and Latin America.
In 2014, Valeant acquired Solta Medical, a global leader in the aesthetics energy-based device industry. With this acquisition Valeant diversified in resurfacing/rejuvenation, wrinkle treatment, body contouring segments and offered broad product portfolio for aesthetics treatment.
Luimenis
The company was founded in 1991; headquarter in Yokeneam, Israel. The company is engaged in the field of minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets, and expert in developing and commercializing innovative energy-based technologies, including Laser, Intense Pulsed Light (IPL) and Radio-Frequency (RF). The company has global presence in North America, South America, Europe, Asia, Africa and Australia.
In 2018, Lumenis announced the launch of its new product line SPLENDOR X which is a solid state laser system for effective and fast hair removal and skin treatment.
However, high cost of Medical Aesthetics products is one of the key factors which are expected to limit the growth of global Medical Aesthetics market over the forecast period.
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