Medical Aesthetics Market Hits US$ 16,034.87 million by 2028 | Mentor Worldwide, Lumenis, Cutera, Solta Medical, Sientra, EL.EN. S.P.A

According to our latest study on “Medical Aesthetics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Application, and End User,” the market is projected to reach US$ 16,034.87 million by 2028 from US$ 7,039.06 million in 2021; it is expected to register a CAGR of 12.5% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market.

ALLERGAN, Hologic Inc., Mentor Worldwide LLC, Lumenis, Cutera, Solta Medical (Bausch Health Companies Inc.), Alma Lasers, Galderma Laboratories (Nestle), Sientra, Inc.; and EL.EN. S.P.A are among the leading companies operating in the medical aesthetics Market.

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Based on product, the medical aesthetics market is sub segmented into facial aesthetic products, cosmetic implants, body contouring devices, skin aesthetic devices, hair removal devices, tattoo removal devices, and others. In 2021, the facial aesthetic products segment is expected to hold the largest share of the market. However, the skin aesthetic devices segment is expected to register the highest CAGR during the forecast period.

Technological advancements have led to the development of surgical approaches that minimize waste and achieve better results with the available resources. Minimally invasive surgeries are among the approaches that result in low waste generation and reduced medical expenses; moreover, these surgeries ensure low absenteeism at workplaces, which has a net positive effect on the productivity of an economy. According to the American Society of Plastic Surgeons, 17.7 million surgical and minimally invasive cosmetic procedures were performed in the US in 2018. In the US, the use of these surgeries rose sharply by 228% during 2018–2000, and they now account for ~90% of aesthetic interventions in the country. Minimal invasiveness results in faster recovery, lesser scarring, limited stress, and better patient satisfaction.

Surge in demand for superior materials and techniques required for dental aesthetics procedures has spurred research into the same. However, nonsurgical facial aesthetic procedures received less attention from the dental community until chemicals such as hyaluronic acid fillers and botulinum toxin were requested by patients, which led dental manufacturers to add these materials to their catalogs and advertisements. The increasing number of accredited basic and advanced hands-on training courses in the use of such materials has been advertised in most dental journals and journals that are currently available. Facial rejuvenation has become a major issue of psychosocial wellbeing in this era of fashion, beauty, and trends. Thus, the increasing use of dermal fillers and botulinum toxin for enhancing facial aesthetics is fueling the medical aesthetics market growth.

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Medical Aesthetics Market – Segmentation

By Product

Facial Aesthetic Products
Dermal Fillers
Botulinum Toxin
Microdermabrasion Devices
Body Contouring Devices
Liposuction Devices
Nonsurgical Fat Reduction Devices
Cellulite Reduction Devices
Cosmetic Implants
Breast Implants
Facial Implants
Others

Skin Aesthetic Devices
Laser Skin Resurfacing Devices
Light Therapy Devices
Nonsurgical Skin Tightening Devices
Micro-Needling Products
Hair Removal Devices
Tattoo Removal Devices
Others

By Application

Facial and Body Contouring
Facial and Skin Rejuvenation
Breast Augmentation
Hair Removal
Reconstructive Surgery
Tattoo Removal
Others

By End User

Hospitals
Dermatology Clinics
Medical Spas and Beauty Centers
Home Care

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