Medical Aesthetics Market by Product (Facial Aesthetics, Body Contouring, Cosmetic Implant, Physician Dispensed Cosmeceuticals, Skin Aesthetic, Thread Lift), End User (Hospitals, Clinics, & Medical Spas, Beauty Centers, & Home Care) - Global Forecast to 2

According to estimates, the global medical aesthetics market will generate S13.9 billion in revenue in 2022 and is expected to reach $23.4 billion by 2027, expanding at a CAGR of 11.0% from 2023 to 2032. The market is growing as a result of factors such as the rising demand for aesthetic treatments among men and the popularity of minimally invasive and non-invasive aesthetic procedures, as well as the popularity of aesthetic procedures among geriatric patients and the accessibility of technologically advanced and user-friendly products. The clinical risks and outcomes associated with medical aesthetic operations as well as the increasing availability and acceptance of alternative beauty and cosmetic products are restraining the market's growth.

The rising popularity of minimally invasive and non-invasive aesthetic operations as well as rising public awareness of cosmetic procedures are some of the reasons driving the growth of this industry. The societal stigma attached to cosmetic operations, however, significantly slows the expansion of this business.

Market Analysis and Size
According to the Aesthetic Society (US), non-invasive body fat reduction was among the top 5 non-invasive procedures in the United States in 2020 with 140,314 procedures carried out. There are both surgical and non-surgical cosmetic procedures. The surgical procedure includes surgeries such as liposuction, breast implants, facelifts, radiofrequency, and other procedures. Among the non-surgical options are chemical peels, non-invasive liposuction, and skin tightening procedures.

Given that patient demand for facial aesthetic treatments is rising along with disposable income and purchasing power as well as the worldwide geriatric population, the facial aesthetic devices market segment is anticipated to have the greatest share. The market for medical aesthetics, which was valued at USD 10.47 billion in 2021 and is projected to increase to USD 24.84 billion by 2029, is anticipated to expand at a CAGR of 11.4% from 2023 to 2032.

Market Definition
The term "aesthetic medicine" refers to a broad range of specialties that are concerned with treating scars, skin laxity, wrinkles, moles, and liver spots in order to improve the appearance of cosmetic products. Traditional inclusions include dermatology, dental and maxillofacial surgery, reconstructive surgery, and plastic surgery. In aesthetic medicine, procedures are usually sufficient. As technology and equipment have improved, so has the need for healthcare services globally.

This report examines all the key factors influencing growth of global Medical Aesthetics market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Medical Aesthetics market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

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Market Segmentations:

Global Medical Aesthetics Market: Major Players
Harley Street Aesthetics
Anika Therapeutics
Aesthetic Health
Merz Aesthetics
Allergan plc
Medical Aesthetic Group
El.En. S.p.A.
Venus Concept UK
Cynosure Inc.
Cutera, Inc.

Global Medical Aesthetics Market: By Types
Energy-based Devices
Breast Implants
Facial Aesthetics
Others

Global Medical Aesthetics Market: By Applications
Clinics and Medical spas
Beauty Centres

Global Medical Aesthetics Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Medical Aesthetics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Impact of COVID-19 on the Medical Aesthetics Market
The market for medical aesthetics was greatly impacted by the COVID-19 epidemic. In terms of supply chain management and industrial operations, this industry encountered various difficulties. The medical aesthetics market experienced a brief decline, which can be attributed to elements like decreased product demand from significant end users, limited operations in the majority of industries, temporary closure of significant end-user facilities, such as beauty salons and spas, disrupted supply chain, and difficulties in providing necessary/post-sales services because of widespread lockdowns.

A number of factors, including the adoption of remote working, which gave patients more time to recover and better appointment availability, and the availability of teledermatology, are shown in studies to have increased the number of people willing to undergo aesthetic procedures during the COVID-19 pandemic. Even though there were fewer treatments performed between March and May 2020, the medical aesthetics trend grew favourably when the lockdowns and restrictions were relaxed. Dermatologists have noticed a large increase in medical aesthetic operations compared to the first few months of 2020 once the COVID-19 limits were relaxed in June 2020.

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Key questions answered in the report:
• What is the focus of the medical aesthetics market study?
• What is the value of revenue generated from the sale of medical aesthetic products across the globe? At what rate is their demand expected to grow for the next 5-7 years?
• Which product segment is estimated to hold the major share and register the highest growth rate in the medical aesthetics market?
• Which end-user segment of the market is projected to create more traction in the medical aesthetics market?
• What are the key factors supporting the growth of this market? Also, what are the major opportunities for existing market players and new entrants in the medical aesthetics market?
• Who are the major players operating in the medical aesthetics market?
• Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the medical aesthetics market?

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