Medical Aesthetic Devices Market By Product (Devices, Aesthetic Implants), By Application (Surgical, Non Surgical), By End User (Hospitals And Clinics, Medical Spas And Beauty Centers): Global Opportunity Analysis and Industry Forecast, 2020-2030
The global medical aesthetic device market was valued at $13,529.6 million in 2020, and is projected to reach $38,916.6 million by 2030, registering a CAGR of 10.7% from 2021 to 2030.
Medical aesthetic is a medical filed, which is focused on procedures and techniques for improving the appearance, texture, and contours of the face, body, and skin by treating various conditions such as moles, excess fat, skin looseness, cellulite, poker, scars, liver spots, wrinkles, cellulite, and unwanted hair. Furthermore, these technologies (especially implants) correct deformities caused by accidents, trauma, and other congenital conditions. Aesthetic medicine includes both surgical and non-surgical techniques, and a combination of both can be utilized to improve a person's physical appearance.
The major factors that drive the growth of the global medical aesthetic device market include technological advancements, high demand for minimally invasive & non-invasive reconstruction surgeries, rise in incidence of congenital face & tooth deformities, and surge in awareness for aesthetic appearance. However, high costs of treatment, low reimbursements, and risk of malfunctions associated with implants restrict the market growth.
The global medical aesthetic device market is segmented into type of product, application, end user, and region. By product type, the market is divided into devices and aesthetic implants. On the basis of application, it is bifurcated into surgical and non-surgical. Depending on end user, it is segregated into hospitals & clinics and medical spas & beauty centers. Regionally, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include the Allergan PLC, Solta Medical , Syneron Medical Ltd., Cynosure Inc., Lumenis Ltd. Johnson & Johnson, Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd. (acquired by Shanghai Fosun Pharmaceutical (Group) Co., GC Aesthetics Plc., Sientra Inc., Zimmer Biomet Holdings, Inc., and Dentsply Sirona Inc.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market, with current trends and future estimations to elucidate imminent investment pockets.
It offers a quantitative analysis and comprehensive analysis of all geographical regions from 2021 to 2030 to enable stakeholders to capitalize on prevailing market opportunities.
Analysis based on product type helps understand various types of devices used during a cosmetic procedure.
Key players have been profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
Key Market Segments
By Product
Devices
Aesthetic Implants
By Application
Surgical
Non Surgical
By End User
Hospitals And Clinics
Medical Spas And Beauty Centers
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Colombia
Saudi Arabia
Rest of LAMEA
Key Market Players
Allergan plc
Dentsply Sirona Inc.
Johnson & Johnson
LUMENIS LTD
MERZ PHARMA GMBH & CO. KGAA
Hologic, Inc.
Sientra Inc
SYNERON MEDICAL LTD
VALEANT PHARMACEUTICAL INTERNATIONAL, INC
Zimmer Biomet Holdings, Inc.
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