Aesthetic Medicine market 2023-2032 | competitive and growth analysis - major players, high growth strategies and opportunities

The aesthetic medicine market reached a value of nearly $56,731.40 million in 2022, having grown at a compound annual growth rate (CAGR) of 4.3% since 2017. The market is expected to grow from $56,731.38 million in 2022 to $89,427.41 million in 2027 at a rate 9.5%. The market is then expected to grow at a CAGR of 8.4% from 2027 and reach $133,728.11 million in 2032..

Growth in the forecast period can be attributed to the increasing elderly population. As individuals age, various skin issues arise, such as wrinkles and changes in pigmentation, start appearing on the face and other body parts. This leads to an increase in demand for anti-aging products which leads to growth of the market. According to the U.S. Census Bureau, in 2021, more than 54 million adults in the country are 65 years of age or older, making up roughly 16.5% of the total population. The U.S. has a large and growing population of older adults; by 2050, the total number of persons 65 and older is expected to increase to an estimated 85.7 million, or about 20% of the country's total population. The increasing elderly population will contribute to the growth of the aesthetic medicine market.

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Use of Artificial intelligence in aesthetics is a key trend gaining popularity in the aesthetic medicine market. Artificial Intelligence assists specialists in providing patients with the best possible aesthetic treatments. For example, in October 2022, BeautyFix, a US based specialized in the Cosmetics area launched Aesthetics Simulation technology, accessible on any device or web browser.

The top opportunities in the aesthetic medicine market segmented by product will arise in the facial aesthetic products segment, which will gain $11,812.0 million of global annual sales by 2027. The top opportunities in segment by procedure type will arise in the invasive procedures segment, which will gain $15,051.1 million of global annual sales by 2027. The top opportunities in segment by end-user will arise in the hospitals and clinics segment, which will gain $14,567.0 million of global annual sales by 2027. The aesthetic medicine market size will gain the most in the USA at $10,901.0 million..

Aesthetic Medicine Market Segmentation:

The Aesthetic Medicine market is segmented by product, by procedure type, and by end-user.

By Product -
a) Facial Aesthetic Products
b) Body Contouring Devices
c) Cosmetic Implants
d) Hair Removal Devices
e) Skin Aesthetic Devices
f) Other Products

By Procedure Type -
a) Invasive Procedures
b) Non-Invasive Procedures

By End-User -
a) Hospitals And Clinics
b) Medical Spas And Beauty Centres
c) Home Care

Major players in the Aesthetic Medicine market include AbbVie, Johnson & Johnson, Galderma, Bausch Health, Shanghai Fosun Pharmaceutical Co .

The regions covered in the global Aesthetic Medicine market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Aesthetic Medicine Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Aesthetic Medicine Market Report Table Of Content

1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Aesthetic Medicine, Conclusions And Recommendations
23. Appendix

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