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Global Medical Aesthetics Market Future Demand, Challenges, Top Companies and Forecast 2030

09-23-2022 07:59 AM CET | Health & Medicine

Press release from: Inkwood Research

MEDICAL AESTHETICS MARKET

MEDICAL AESTHETICS MARKET

Inkwood Research estimates that the Global Medical Aesthetics Market is evaluated to project a CAGR of 22.68% in terms of revenue during the forecasting years of 2019-2028.
"Browse 61 Market Data Tables and 79 Figures spread over 252 Pages, along with an in-depth TOC on the Global Medical Aesthetics Market Forecast 2019-2028."

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Medical aesthetic devices are used for correctional and impairment surgeries related to the aesthetic appearance of a person. These devices also aid in tackling the malformations due to trauma, accidents, congenital disorders, etc. The increasing advancements in technologies, growing demands for minimally invasive surgeries, and increasing awareness of aesthetic appearance, have increased the preference and demands for medical aesthetics in the market.

Technological Advancements are Boosting Market Growth
The implant market has benefited by rising developments and innovations in the field of cosmetic surgery. Another such development is the endoscope, which is a device inserted through an incision in the skin. This aids in transmitting the view of underlying tissues to a TV screen. The results procured are improved and better, but the recovery time is said to be a bit longer in comparison to common facelifts due to swelling.
Technological advancements in the case of aesthetic lasers have made available safe alternatives for treating several skin-related problems. The latest development is the low-level laser, which is utilized for non-invasive fat reduction and fat reduction procedures. In terms of breast augmentation, recent innovations include cohesive gel implants or gummy bear implants. This has been developed for presenting a natural-looking augmentation, along with long-term results.
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Non-Surgical Segment is set to register the highest CAGR
The non-surgical cosmetic procedures are gaining traction due to its affordability and accessibility in comparison to surgical procedures. These surgeries are thus being increasingly preferred by common people, apart from celebrities. The commonly performed procedures are laser hair removal, dermal fillers, microdermabrasion, and botulinum toxin injections. Non-surgical liposuction is slowly becoming an ideal treatment for its efficiency, since it does not entail complications of surgery.

The Asia Pacific is evaluated to record Substantial Growth Rate by 2028
The major countries contributing to the market growth of the Asia Pacific region are India, Japan, Indonesia, Thailand, China, South Korea, etc. The vast population base, growing patient awareness in terms of looking young and beautiful, and increasing disposable income, are among the factors impacting the growth rate of the region. Moreover, technological advancements and stable medical tourism make the region a lucrative market environment. India is considered as one of the advanced countries, when it comes to cosmetic surgical procedures.
The market has the presence of suppliers that provide vendors with raw materials. With many global vendors offering a varied portfolio of branded products, the market is evaluated to be fragmented in terms of competitive rivalry. Some of the eminent companies with an established position in the market are Johnson & Johnson, Ipsen, Merz Pharma GmbH & Co KGaA, Zimmer Biomet Holdings Inc, Allergan Plc, etc.

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GLOBAL COSMETIC SURGERY AND PROCEDURE MARKET

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