Medical Aesthetic Device Market Report, Size, Share, Insights - Abbvie Inc, Alma Lasers Ltd, Bausch Health Companies Inc & Lumenis Inc.

The Medical Aesthetic Device Market is projected to grow at a compound annual growth rate (CAGR) of 10.5% during the forecast period from 2024 to 2031.

Medical aesthetic devices are specialized tools used to address various aesthetic concerns, such as skin laxity, excessive fat, cellulite, scars, moles, wrinkles, unwanted hair, liver spots, spider veins, and skin discoloration. These devices are designed to improve a person's appearance and enhance their self-confidence by offering non-invasive, minimally invasive, or surgical options for cosmetic enhancement.

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Market Trends:

Increasing awareness regarding aesthetic procedures will drive the market growth.

The rising concern about personal appearance is fueling the demand for medical aesthetic devices in both developed and developing countries. Cosmetic surgeries are becoming increasingly popular as people prioritize their looks, driven by higher standards of living and growing awareness of aesthetic procedures. Although the growth rate of cosmetic surgery in developing countries is moderate, countries like China and India are emerging as major markets in Asia, where cosmetic surgery is widely accepted.
The accessibility of information through the internet has significantly boosted public awareness of aesthetic procedures, contributing to increased demand for these devices. Additionally, the market is driven by the growing preference for minimally invasive and non-invasive procedures, which offer effective results with less recovery time. Enhanced research and development activities are leading to the launch of innovative products, further propelling market growth. For instance, in June 2020, Cynosure introduced the Elite iQ platform, an advanced version of the Elite+ Aesthetic Workstation, which is designed for laser hair removal and skin revitalization.

Market Segmentation:

By Product: Aesthetic Lasers and Energy Devices, Body Contouring Devices, Aesthetic Implants, Breast Implants, Facial Aesthetics, Others.

By Technology: Laser-Based Technology, Energy-Based Technology.

By End-User: Hospitals, Clinic/Beauty Centre, Home Setting.

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Major Key Players:

• Abbvie Inc.(Allergan Aesthetics)
• Alma Lasers Ltd (Sisram Med)
• Bausch Health Companies Inc. (Solta Medical Inc.)
• Cutera Inc.
• El. En. (Asclepion Laser Technologies)
• Lumenis Inc.
• Sciton Inc.
• Syneron Medical Ltd
• DEKA Laser Technologies
• Sigmacon Medical

Product Portfolio:

Allergan Aesthetics, a subsidiary of AbbVie Inc., is a prominent player in the global medical aesthetics market. The company develops, manufactures, and markets a diverse portfolio of leading brands and products, including facial injectables, body contouring solutions, and plastic surgery products. Allergan Aesthetics is renowned for its innovative approach to enhancing beauty and personal aesthetics, offering products that address a wide range of aesthetic needs such as reducing wrinkles, reshaping body contours, and providing advanced skin care solutions.

Regional Analysis:

The global Medical Aesthetic Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Medical Aesthetic Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Medical Aesthetics Market: https://datamintelligence.com/research-report/medical-aesthetics-market

Facial Aesthetics Market: https://datamintelligence.com/research-report/facial-aesthetics-market

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