Medical Aesthetics Market Size in 2023 To 2029 | AbbVie Inc. (US), Bausch Health Companies Inc. (Canada & Johnson (US)

The report offers a detailed measurement of the drivers, development, and prospects that have a direct impact on the Medical Aesthetics Market. The market study contains an in-depth analysis of the international Medical Aesthetics Market based on the key boundaries that take in the drives, sales inquiry, market limits & share. The report more highlights assessing the market size of four key regions, namely North America, Europe, Asia-Pacific, and Rest of World. The research study is considered to guide the readers with an intensive valuation of the current industry trends and breakdown. The report spans the global Medical Aesthetics market research data of different companies, benefits, gross margin, calculated decisions of the worldwide market, and more through tables, charts, and infographics. Other significant aspects studied in this report include demand and supply dynamics, import & export scenarios, R&D development activities, industry developments, and cost structures. In addition, consumption demand and supply figures, cost of production, and selling price of products are also estimated in this report.

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The prominent players in the medical aesthetics market are AbbVie Inc. (US), Bausch Health Companies Inc. (Canada & Johnson (US), and others.

This report will help new entrants or stakeholders to acknowledge the complete market dynamics. Medical Aesthetics market report examines the competitive scenario along with the future market landscape with the help of various restrictions such as Porter's five forces and parent/peer market. Consider the portfolios of the key market players working in the market united with the complete detailed study of the products and services they offer. This report will help readers understand the impact of government rules during the Covid-19 pandemic and estimate the market throughout the global pandemic. The Global Medical Aesthetics Market also spotlights the main players working in the sector. Their product portfolio, business policies, company profiles, and revenue share are also thoroughly described in the report. In the end, the study defines the strategies such as partnership, development, collaboration, joint projects, and others executed by the leaders to enhance their status in the sector.

"The medical aesthetics market is projected to grow at a CAGR of 11.0% during the forecast period (2023-2028)."

The medical aesthetics market is projected to reach USD 25.9 billion by 2028 from USD 15.4 billion in 2023, at a CAGR of 11.0% from 2023 to 2028. The growth of the medical aesthetics market is significantly influenced by the robust demand for procedures like liposuction and hair transplantation. This demand is chiefly propelled by two key factors: the rising prevalence of obesity and an aging population. As obesity rates continue to climb, there is an increasing need for body contouring solutions like liposuction. Simultaneously, the aging demographic seeks hair transplantation to combat hair loss, further bolstering market expansion. These factors highlight the sustained appeal of medical aesthetic treatments in addressing cosmetic and age-related concerns, driving market growth.

"The facial aesthetic products segment held the largest share of the market in 2023."

Based on product, the medical aesthetics market is segmented into facial aesthetic products, cosmetics implants, skin aesthetic devices, body contouring devices, physician-dispensed cosmeceuticals, skin lighteners, thread lift products, hair removal devices,tattoo removal devices, physician-dispensed eyelash products, and nail treatment laser devices. The facial aesthetic products segment held the largest market share in 2023. The market is expected to experience growth due to an increasing demand for aesthetic procedures conducted in home settings.

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Reasons to Buy the Report

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall medical aesthetics market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Research Coverage

This report studies the medical aesthetics market based on product, procedure, end user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their growth trends and forecasts the revenue of the market segments with respect to three main regions (and the respective countries in these regions).

This release was published on openPR.