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Aesthetic Medicine Market is Projected to Reach USD 63.83 Billion by 2030: Cognitive Market Research
Aesthetic Medicine Market is Projected to Reach USD 63.83 Billion by 2030: Cognitive Market Research
What are aesthetic medicines?
Aesthetic medicine refers to the branch of medicine that focuses on enhancing a person's physical appearance through non-invasive or minimally invasive procedures. These procedures are typically aimed at improving skin health, reducing signs of aging, and enhancing facial features. These procedures are usually elective. Doctors from different disciplines try to give services to suit their patient's aesthetic needs and preferences, therefore the field of aesthetic medicine is not just limited to dermatologists and cosmetic surgeons. While some operations in aesthetic medicine don't require any anesthesia at all, others are performed while the patient is under local anesthesia.
Summary:
As per the study of CMR, the Global Aesthetic Medicine Market was valued at USD 18.94 Billion in 2022 and will reach USD 63.83 Billion by 2030 and is expected to grow at a CAGR of 16.4% during the forecast period (2023-2030).
To know more about The Aesthetic Medicine Market statistics click here: https://www.cognitivemarketresearch.com/aesthetic-medicine-market-report
Market Dynamics:
What are the driving factors for the growth of the aesthetic medicines market?
The growing number of cosmetic surgeries and the growing adoption of minimally invasive & noninvasive aesthetic procedures are the major driving factors for the global aesthetic medicine market. The last decade saw a significant increase in the preference for minimally invasive aesthetic procedures, over traditional procedures. These minimally invasive surgeries offer advantages over traditional surgical procedures, such as less pain, accessibility, and affordable. The Aesthetic Society reports that 365,000 breast augmentations were carried out in 2021. In addition, 71,000 women had their implants removed but not replaced, whereas 148,000 women had their implants removed and replaced (+32% from 2020).
Further, the increasing demand for medical aesthetics in growing economies like India, China, Brazil, and others can create opportunities for market players during the forecast period. However, clinical risks & complications associated with medical aesthetic procedures, and the high cost of aesthetic procedures can hamper the growth of the market.
Aesthetic Medicine Market Segmentation:
Procedure Type:
• Invasive procedures
• Non-invasive procedures
The non-invasive product segment is dominating the aesthetic medicine market. Growing preference for minimally invasive or non-invasive surgeries and technological advancements in medical procedures are the primary driving factors for the non-invasive segment. In addition, non-invasive procedures cause less pain, instant results, and comparatively low cost, which is also fuelling the growth of this segment.
Product Type:
• Implants
• Energy-based devices
• Anti-wrinkle products
End-user:
• Medical spas
• Beauty centers
• Hospitals
• Clinics
• Home use
Gender:
• Males
• Females
The female segment has accounted for the largest market share, owing to increasing women's empowerment and their rising spending capacity. According to, the Aesthetic Society, Women accounted for approximately 94% of all procedures.
Application:
• Surgical
• Non-surgical
Competitive Analysis of the Aesthetic Medicine Market: AbbVie , Cynosure , Evolus Inc. , Revance Galderma , Lumenis , Solta Medical , Syneron Candela , Alma Laser , Johnson & Johnson Private Limited , Lumenis Be Ltd. , Candela Medical , Hologic Inc. , Dentsply Sirona
Get free sample pages of the latest published Aesthetic Medicine Market Report: https://www.cognitivemarketresearch.com/aesthetic-medicine-market-report#request_sample
Regional Analysis:
North America is the dominating region for the global aesthetic medicine market
North America is holding the largest market share in the aesthetic medicine market, owing to the strong per capita income, quick adoption of emerging advanced technologies, rising awareness about these procedures, and others. Members of the American Academy of Facial Cosmetic and Reconstructive Surgery (AAFPRS) claim that there has been a significant increase in both surgical and non-surgical facial cosmetic surgery procedures in the US. An estimated 1.4 million surgical and non-surgical treatments were carried out in the previous year, with plastic surgeons completing an extra 600 procedures on average compared to 2020, a 40% rise. However, the presence of major players in this area, including Lutronic, Cutera, Candela Corporation, Cynosure, and others, is also promoting market expansion in this area.
Aesthetic Medicine Market News:
Renuvion Cleared by FDA for Neck Laxity Procedures Offering Patients A Minimally Invasive Option To Eliminate Sagging Neck (July 2022)
Apyx Medical Corporation, the manufacturer of Renuvion, announced the receipt of 510(k) clearance from the U.S. Food and Drug Administration ("FDA") for the use of Renuvion for use in subcutaneous dermatological and aesthetic procedures to improve the appearance of lax skin in the neck and submental region.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Aesthetic Medicine Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Aesthetic Medicine Market Segmentation
1.5.1 Aesthetic Medicine Market Regional Fragmentation
1.5.1 Aesthetic Medicine Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Aesthetic Medicine Market
• 3.1 Global Aesthetic Medicine Market Size 2018 - 2030, (USD Million)
• 3.2 Global Aesthetic Medicine Value, Absolute & Opportunity Analysis
• 3.3 Global Aesthetic Medicine Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Aesthetic Medicine Market Statistics 2022: Snapshot
Chapter 4 Global Aesthetic Medicine Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Aesthetic Medicine Market by Non-Invasive Product Segmentation Analysis (2018-2030)
Chapter 10 Global Aesthetic Medicine Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Aesthetic Medicine Market by Product Type Segmentation Analysis (2018-2030)
Chapter 12 Global Aesthetic Medicine Market by Gender Segmentation Analysis (2018-2030)
Chapter 13 Global Aesthetic Medicine Market by End-user Segmentation Analysis (2018-2030)
Chapter 14 Global Aesthetic Medicine Market Regional Analysis
Chapter 15 North America Aesthetic Medicine Market Outlook (2018 - 2030)
Chapter 16 Europe Aesthetic Medicine Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Aesthetic Medicine Market Outlook (2018 - 2030)
Chapter 18 Latin America Aesthetic Medicine Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Aesthetic Medicine Market Outlook (2018 - 2030)
Chapter 20 Research Findings
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To know more about The Aesthetic Medicine Market TOC click here: https://www.cognitivemarketresearch.com/aesthetic-medicine-market-report#table_of_contents
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• Anesthetic Analyzer Market- https://www.cognitivemarketresearch.com/anesthetic-analyzer-market-report
• Medical Cosmetic Surgery Implants Market- https://www.cognitivemarketresearch.com/medical-cosmetic-surgery-implants-market-report
• Aesthetic Device Market- https://www.cognitivemarketresearch.com/aesthetic-device-market-report
Blog:
• Why Do Companies Need Market Research to Understand their Market?: Cognitive Market Research- https://www.cognitivemarketresearch.com/blog/why-do-companies-need-market-research-to-understand-their-market
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• Which Factors helps to Grow the Biological Sample Bags Market- https://www.cognitivemarketresearch.com/articles/which-factors-helps-to-grow-the-biological-sample-bags-market-
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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