Medical aesthetics deals with the utilization of artificial organs and body parts for patients who have amputated a body part or are in necessity of remedial surgery on a body part. At present, energy-based aesthetic medication is accessible to treat nearly each and every difficult skin defect from sun damage, scars, vascular lesions, pigmentation/redness, acne, and mild-to-moderate facial or leg veins and also tattoo removal
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According to the report Medical Aesthetics Devices Market, published by Market Data Forecast, the Global market was worth USD 6.41 billion in 2017 and estimated to be growing at a CAGR of 10.6%, to reach USD 10.62 billion by 2022.
Medical Aesthetics Devices Market: Drivers & Restraints
The initiation of technically developed products enabling modestly invasive surgeries is recognized as the most significant growth driver. Additionally, increase in disposable income has augmented the demand for cosmetic surgeries, thus fuelling market growth.
Conversely, side effects allied with aesthetic procedures persist to negatively impact the consumer inclination towards these procedures.
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Medical Aesthetics Devices Market: Segmentation
By Product Type
- Energy Based Devices
- o Aesthetic Laser Devices
- o Body Contouring Devices
- o Microdermabrasion
- o Ultrasound
- Anti-Wrinkle Products
- o Botulinum toxin
- o Dermal Fillers
- o Chemical Peel
- Cosmetic Procedures
- o Minimally Invasive
- o Surgical Procedures
- Reconstruction Procedures
By End Users
- Home Use
- Clinics and Beauty Centers
- North America
o United States
o South Korea
- Latin America
o Rest of Latin America
- Middle East & Africa
Medical Aesthetics Devices Market: Overview
The anti-wrinkle products section is estimated to show considerable growth during the forecast period due to wide accessibility of these products, immediate and continual results and deteriorating costs.
Asia Pacific is dominating the global market owing to a huge amount of surgical procedures performed in the developing countries like South Korea, Japan, and China each year. Furthermore, increasing disposable income along with the existence of a large pool of working population is creating demand for aesthetic procedures in these countries.
Medical Aesthetics Devices Market: Key Players
The Medical Aesthetics Devices market is highly competitive with a large number of players. Some of the major Companies are Allergan, Cynosure, Johnson & Johnson, LCA Pharmaceutical, Galderma Pharma, Solta Medical, Cutera, Focus Medical, Human Med Ag, Genzyme Corporation, Alcon Inc. and Alma Lasers.
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