Medical Aesthetics Market 2023: Revenue Report, Trends and Growth Forecast 2028

How Big is the Medical Aesthetics Market?

The global medical aesthetics market size reached US$ 15.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.9 Billion by 2028, exhibiting a growth rate (CAGR) of 9.49% during 2023-2028.

What is Medical Aesthetics?

Medical aesthetics focuses on enhancing the appearance of a person through non-invasive or minimally invasive treatments, reducing the need for surgery and its associated risks. It is performed by qualified professionals and is usually safe with minimal side effects and downtime. It addresses various concerns, including wrinkles, fine lines, volume loss, and skin texture irregularities. It helps remove unwanted hair growth in multiple body areas and enhances lip volume for a more youthful appearance. It offers temporary results and allows individuals to try different looks. Besides this, as it helps reduce fat and reshape the body, such as CoolSculpting, the demand for medical aesthetics is rising across the globe.

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What are the growth prospects and trends in the medical aesthetics industry?

The increasing aging population, which is highly susceptible to skin problems, represents one of the key factors catalyzing the demand for anti-aging treatments and procedures to maintain a youthful appearance.

Apart from this, continuous innovations in medical aesthetics technology, such as advanced lasers and devices, are offering more effective and minimally invasive treatment options. Furthermore, the rising preferences of individuals for non-surgical and minimally invasive procedures due to their lower risk, shorter recovery times, and less discomfort are strengthening the growth of the market.

Moreover, the inflating disposable income level of people is enabling them to afford expensive medical aesthetic treatments.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:
• Devices
• Aesthetic Implants

Breakup by Application:
• Surgical
• Non Surgical

Breakup by End User:
• Hospitals and Clinics
• Medical Spas and Beauty Centers

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Some of the Top Key players in the Medical Aesthetics Market

A.R.C. Laser Gmbh, AbbVie Inc., Alma Lasers Ltd., Bausch Health Companies Inc., Cutera Inc., Cynosure, El.En. S.p.A., Fotona d.o.o., Johnson & Johnson, Lutronic, Merz Pharma GmbH & Co. KGaA and Venus Concept.

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