Press release
Medical Aesthetics Market Study For 2023 To 2028 Providing Information On Key Players, Growth Drivers And Industry Challenges
The global COVID-19 pandemic is unprecedented and staggering, with all regions experiencing lower than expected demand for medical cosmetology compared to pre-pandemic levels. According to our analysis, the global market in 2020 he recorded a -18.0% decrease compared to 2019.
In recent years, there has been a steady increase in the number of cosmetic surgery procedures performed worldwide. This increase is due to the vast majority of the population opting for minimally invasive and non-invasive procedures such as botulinum toxin and dermal fillers due to the various benefits these procedures offer. Benefits offered include fewer side effects, faster recovery times, and a painless procedure. Data released by the Aesthetic Society in 2021 reported a 44.0% year-over-year increase in the total number of nonsurgical procedures in the United States in 2021.
Global demand for Medical Aesthetics market is expected to grow at a CAGR of 10.83% from 2023 to 2028. The global market for Medical Aesthetics is currently valued at US$ 10.23 billion and is expected to reach US$ 15.8 billion by the end of 2028.
As per the data published by the Aesthetic Society in 2021, the total number of non-invasive procedures performed increased from 3.1 million in 2020 to 4.5 million in 2021 in the U.S., accounting for 44.0% growth.
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Competitive Landscape:
The research report sheds light on competitive landscape of the global market with details of every market player and its activities such as license agreement, global standing, economic activity and plans, and revenue generation among others. The global market is highly fragmented and consists of key players operating at regional and global level. These key players are adopting various strategies such as joint ventures, collaborations, R&D investments, and mergers and acquisitions to gain robust footing in the market.
Market Dynamics:
The report looks at historical evidence as well as current technology for accessing primary driving forces that can impact global Medical Aesthetics market growth. It inspects a variety of market prospects such as benefits, product pricing, supply, demand, and growth rate. In addition, the study provides a variety of financial aspects such as shares, expenses, profits, and sales in order to help users with detailed market understanding.
Browse complete Report Summary with TOC here: https://exactitudeconsultancy.com/reports/1197/medical-aesthetics-market/
Medical Aesthetics Market Segment by Key Players-> Allergan-AbbVie (US), Alma Lasers, Ltd. (Israel), Anika Therapeutics (US), Cutera, Inc. (US), Cynosure (US), El.En. S.p.A. (Italy), Fotona d.o.o. (Slovenia), Galderma (Switzerland), Johnson & Johnson (US), Merz Pharma GmbH & Co. KGaA (Germany), Medytox, Inc. (South Korea), Sientra, Inc. (US), Sinclair Pharma PLC (UK), Syneron Medical, Ltd. (US), and Baush Haealth (US), and others.
Recent news->
In February 2021, Merz Pharma announced the launch of BELOTERO BALANCE + Lidocaine in the U.S. BELOTERO BALANCE is a dermal filler for etched-in lines, and the advantages of lidocaine formulation provide a perfect finish to filler patients.
Global Market Segmentation:
The global market is segmented on the basis of type, application:
Medical Aesthetics Market by Type, 2019-2028, (IN USD Million)
Facial Aesthetic Products
Body Contouring Devices
Cosmetic Implants
Hair Removal Devices
Skin Aesthetic Devices
Thread Lift Products
Physician-Dispensed Cosmeceuticals And Skin Lighteners
Physician-Dispensed Eyelash Products
Nail Treatment Laser Devices
Medical Aesthetics Market Segment By Region
North America
US
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Silent Features of the report:
Detailed analysis of the global Medical Aesthetics market in terms of drivers, restraints, growth opportunities, challenges and risks
Latest development and trends of the global market
Historical, current and forecast market size, share
Competitive landscape and strategic alliances of key companies
Impact of COVID-19 on the Medical Aesthetics industry
Thank you for reading the report. Kindly get in touch with us to know more about the customization feature if you wish to avail the custom copy of the report. Our team will provide you with the best suited report at the earliest.
Read more Report->
Healthcare Payer Services Market Global Key Players, Industry Analysis, Potential Growth, Latest Trends 2023 to 2029-> https://www.globenewswire.com/en/news-release/2022/10/18/2536532/0/en/Healthcare-Payer-Services-Market-Global-Key-Players-Industry-Analysis-Potential-Growth-Latest-Trends-2022-to-2029.html
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