Global Aesthetic Medicine Market to Reach $168.5 Billion by 2030
The global market for Aesthetic Medicine estimated at US$88.1 Billion in the year 2023, is expected to reach US$168.5 Billion by 2030, growing at a CAGR of 9.7% over the period 2023-2030. Invasive Procedure, one of the segments analyzed in the report, is expected to record 9.4% CAGR and reach US$90.4 Billion by the end of the analysis period. Growth in the Non-Invasive Procedure segment is estimated at 10.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $23 Billion, While China is Forecast to Grow at 13.9% CAGR
The Aesthetic Medicine market in the U.S. is estimated at US$23 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$43 Billion by the year 2030 trailing a CAGR of 13.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 8.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.
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