Medical Aesthetics Market CAGR To Be Around 9.4% by 2035, Due To The Growing Demand For Cosmetic Enhancements| Roots Analysis

According to our latest market report "Medical Aesthetics Market, Till 2035 by Type of Products and / or Devices Offered, Type of Procedure, End-user, Gender, Distribution Channel and Key Geographical Regions: Industry Trends and Global Forecasts", the global medical aesthetics market size is projected to reach USD 102 billion by 2035 from USD 35 billion in 2023, growing at a CAGR of 9.4% in the forecast period 2023-2035.

The increasing desire for lifelong youthfulness, expanding social media influence, and the various advantages linked to non-invasive and minimally invasive medical aesthetic treatments have fueled a rise in the demand for these procedures. Medical aesthetics encompass a wide range of treatments, such as Botox, dermal fillers, chemical peels, body contouring, hair removal, gluteal implants, and breast implants.

To request quote of this report, please visit:
https://www.rootsanalysis.com/reports/medical-aesthetics-market/request-quote.html

These procedures contribute to improving one's cosmetic appearance through processes like peeling, skin resurfacing, rejuvenation, sculpting, and firming various body parts. The broad applications of medical aesthetic procedures, particularly in addressing aging signs, have propelled their popularity. With the increasing demand and ongoing technological advancements, the medical aesthetics market is expected to witness significant growth in the forecast period.

Medical Aesthetics Market Segments

Based on the type of products and / or Devices Offered, the market is segmented into Botox, Dermal Fillers, Chemical Peels, Body Contouring, Hair Removal, Gluteal Implants, Breast Implants and Other Products and / or Devices

1. Breast implants procedures are likely to lead the market for medical aesthetics, capturing the largest revenue share of more than 55% in 2023.
2. Hair removal and Botox are anticipated to show the highest growth rate during the forecast period of over 10% annually.

Based on the type of procedure, the market is segmented into Non-invasive, Minimally Invasive and Invasive Procedures

1. Invasive procedures led the market for medical aesthetics, capturing the largest revenue share of more than 64% in 2023.
2. Minimally invasive procedures are anticipated to show the highest growth rate during the forecast period of over 9.7% annually.

Based on the end user, the market is segmented into Hospitals, Clinics / Med Spas and Dermatology / Cosmetology Centers, and Other End Users
1. The clinics / med spas and dermatology / cosmetology centers segment is likely to lead the market for medical aesthetics, capturing the largest revenue share of close to 50% in 2023.
2. The clinics / med spas and dermatology / cosmetology centers and hospitals segment anticipated to show the highest growth rate during the forecast period of over 9.5% annually.
Based on the gender, the market is segmented into Females and Males.

1. The female's segment is likely to lead the market for medical aesthetics, capturing the largest revenue share of close to 90% in 2023.
2. The male's segment is anticipated to show the highest growth rate during the forecast period of over 20% annually.

Based on the distribution channel, the market is segmented into Indirect Distribution and Direct Distribution.

1. The indirect distribution channels segment is likely to lead the market for medical aesthetics, capturing the largest revenue share of close to 80% in 2023.
2. The direct distribution channels segment is anticipated to show the highest growth rate during the forecast period of over 12% annually.

To request a sample copy / brochure of this report, please visit
https://www.rootsanalysis.com/reports/medical-aesthetics-market/request-sample.html

Medical Aesthetics Market Regional Outlook
Based on the key geographical regions, the medical aesthetics market can be segmented into five major regions, including North America, Europe, Asia-Pacific, Middle East and North Africa, and Latin America. Led by the Canada and US, North America is anticipated to capture the majority share of the medical aesthetics market in 2023 and this trend is likely to remain unchanged during the forecast period. Further, the plastic surgery and aesthetics industry in Asia is accounted to be the fastest-growing segment of the market. It is worth highlighting that nearly 40% of the Asian medical aesthetics market is dominated by China and South Korea owing to growing awareness about aesthetic procedures amongst the population and increasing medical aesthetics tourism in this region. Moreover, developing healthcare infrastructure and affordable price of treatments in this region is likely to propel the market.

Key Report Takeaways
1. Presently, over 205 medical aesthetic companies are engaged in offering medical aesthetic solutions across the globe; around 90% of these solutions address facial skin conditions, such as acne, wrinkles and pigmentation
2. Owing to the financial prosperity and the cultural norms present in the region, the US has emerged as a hub of the established players and the new entrants in this industry
3. Post-2019, a considerable increase in partnership activity has been witnessed in this domain; 31% of the deals were mergers and acquisitions, signed primarily by the players based in the US
4. Several investors have realized the opportunity within the domain of medical aesthetics and invested over USD 3.6 billion across various funding rounds in the past six years
5. Owing to the growing desire to achieve lifelong youthfulness and enhanced social media influence post-COVID, the medical aesthetics market is anticipated to witness an annualized growth of 9.4%, over the next decade
6. The estimated market opportunity is projected to be distributed across different end-users, gender, distribution channels and key geographical regions

Medical Aesthetics Market Key Players
Examples of key companies engaged in medical aesthetics market (which have also been profiled in this market report; the complete list of companies is available in the full report) include ADSS, Allergan Aesthetics, Astiland, Beijing Kes Biological Technology, BTL Aesthetics, Candela Medical, Classys, Croma Pharma, Cynosure, Daeyang Medical, Establishment Labs, Galderma, Guangzhou Itech Aesthetics, IBSA, Lumenis, Lutronic, MedicalZone, Mentor, Sanhe Medical, Shanghai Haohai Biological Technology, Sinclair Pharma, Sincoheren, Skin Tech Pharma, Wontech and Zesay Beauty

Browse Full Report Description + Research Methodology + Table of Content + Infographics here:
https://www.rootsanalysis.com/reports/medical-aesthetics-market.html

Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
Email: Gaurav.chaudhary@rootsanalysis.com or sales@rootsanalysis.com
Website: https://www.rootsanalysis.com

About Roots Analysis

Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.

This release was published on openPR.