Non-Invasive Aesthetic Treatment Market Projected to Reach at US$ 18,656.54 Million by 2028

According to our new research study on "Non-Invasive Aesthetic Treatment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Procedure and End User," the market is expected to reach US$ 18,656.54 million by 2028 from US$ 6,504.19 million in 2020; it is estimated to grow at a CAGR of 14.2% from 2021 to 2028. The report highlights trends prevailing in the market, and the factors driving and hindering the non-invasive aesthetic treatment market growth. The rising number of non-invasive aesthetic/cosmetic procedures performed every year, surge in awareness about cosmetic procedures among consumers, and availability of technologically advanced products are among the major forces boosting the market growth. However, clinical risks and complications associated with medical aesthetic procedures are limiting the market growth.

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Non-invasive or non-surgical aesthetic treatment refers to the aesthetic procedures that does not require any kind of surgical incision. Sometimes, minimally invasive surgeries are also considered as non-surgical procedures. Some of the commonly conducted non-invasive aesthetic treatment includes botulinum toxin injection, chemical peels, non-surgical laser treatment, and microdermabrasion amongst other.

Outlook of Top Players:

Market leaders operating in the market have undertaken various organic growth strategies in the non-invasive aesthetic treatment market. The non-invasive aesthetic treatment market majorly consists of the players such Galderma SA, Alma Lasers, Merz Pharma, Bausch Health Companies Inc., Cutera Inc., Revance Therapeutics Inc., Cynosure, AbbVie Inc., Candela Medical, and Johnson and Johnson Services, Inc. amongst others. Several organic approaches, such as product launches, and expansion in the non-invasive aesthetic treatment market, have resulted in the positive growth of the market. Product launches help the company to strengthen its product offering and the customer base, which allows the company to hold a strong position in the market. Similarly, utilizing expansion activities, it is easy to venture into untapped economies and use the opportunities being offered.

October 2019: Galderma debuts as the world's largest independent global dermatology company following acquisition by a consortium of institutional investors

Jul-2020: The acquisition of HintMD augments Revance's strong aesthetics product offering, enabling us to transform both the practice and patient experience with an innovative fintech platform

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Jan-2021: Allergan Aesthetics, an AbbVie company, announced that it has entered into a warrant agreement with Cypris Medical, a privately held, medical device company based in Chicago

Feb-2019: Cutera introduced the excel V+ Trisculpt Flex, which is a technological advancement that includes 50% more power and treatment speed, optimized delivery systems, and parameters for unparalleled precision in treating vascular lesions and pigmentation concerns

Covid-19 Impact:

The non-invasive aesthetic treatment market is witnessing substantial decline amid the COVID-19 pandemic. Most healthcare research organizations and hospitals are engaged in introducing new products and solutions for the better management of the disease to prevent further deaths. In addition, governments have issued guidelines for the rescheduling or suspension of all elective surgeries with an aim to focus completely on handling the COVID-19 pandemic. This is hampering the demand for non-invasive aesthetic treatments, thus limiting the market growth.

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This release was published on openPR.