North America Non-energy Based Aesthetic Treatment Market Size, Share & Trends Analysis Report By Procedures (Injectables, Skin Rejuvenation), By End-use, By Region, And Segment Forecasts, 2023 - 2030
North America Non-energy Based Aesthetic Treatment Market Growth & Trends
The North America non-energy based aesthetic treatment market size is anticipated to reach USD 45.3 billion by 2030, registering a CAGR of 13.9% from 2023 to 2030, according to the new report of Grand View Research, Inc. The increasing prevalence of skin conditions and the rising geriatric population contributes largely to the high demand for non-invasive treatment procedures.
The demand for aesthetic procedures is increasing, and reimbursements for traditional insurance-based medicine are declining. An increasing number of medical practitioners, regardless of their specialties, are engaged in medical aesthetic practices, such as performing procedures in their offices or practicing in medical spas.
Minimally invasive surgeries offer advantages, including smaller incisions, shorter hospital stays, rapid wound healing, lesser pain, fewer surgical wounds, and a lower risk of complications than invasive surgeries. Moreover, the effectiveness and results of minimally invasive surgeries are similar to conventional surgical treatments. According to the data published by the International Society of Aesthetic Plastic Surgery, in 2021, approximately 17,598,888 non-surgical cosmetic procedures were performed globally. These factors would positively impact the market growth.
Furthermore, several initiatives by the key market players, such as new product launches and strategic alliances, have contributed to the market growth. For instance, in January 2023, Allergan plc, an AbbVie company, announced to start off an initiative called “Discover your 360°,” which mainly focuses on promoting non-surgical aesthetic treatments. It is a customer-centric approach that offers cutting-edge technologies and products to meet the growing need of patients and practitioners.
Similarly, in January 2023, Galderma launched an innovative augmented reality application, FACE by Galderma. The solution would enable aesthetic patients and practitioners to identify treatment results at the planning stage.
North America Non-energy Based Aesthetic Treatment Market Report Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook