APAC Aesthetic Medical Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (Laser-Based [Alexandrite, Diode, ND:YAG, CO2, ER:YAG, PDL, and Others], Light-Based [IPL and LED], Electromagnetic Energy-Based [Infrared-Based, Radiofrequency-Based, Non-Laser (Hydradermabrasion), and Others], Ultrasound-Based, Cryolipolysis, Suction-Based, and Plasma Energy-Based), Application (Facial Skin Resurfacing, Photorejuvenation, Hair Removal, Fat Reduction and Body Contouring, Skin Tightening, Cellulite Reduction, Feminine Rejuvenation, Tattoos and Pigmentation, Acne & Acne Scars, Vascular Lesions, and Others), and End User (Dermatology and Cosmetic Clinics, Hospitals and Clinics, Medical Spas, and Home Use)
The aesthetic medical devices market in APAC is expected to grow from US$ 3,474.29 million in 2022 to US$ 7,063.08 million by 2028. It is estimated to grow at a CAGR of 12.6% from 2022 to 2028.
Technological Advancements Associated with Medical Aesthetic Devices
All medical devices used for various cosmetic procedures, including plastic surgery, unwanted hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., are categorized under the medical aesthetic products umbrella. Technological advancements in devices, increasing awareness about aesthetic procedures, growing acceptance of minimally invasive devices, and a surge in an obese population are the main forces boosting the aesthetics medical devices market growth. With the establishment of the advanced, high-speed internet infrastructure and the growing trend of social media, information is becoming more accessible to everyone, and people are becoming more aware of aesthetic procedures. An increasing number of social media users and the sensitization of the masses to medical aesthetic procedures are being correlated with the improved sales of aesthetic medical devices. The aesthetic outcome in patient demand for cosmetic treatments was influenced by several parameters, such as clinical improvement after surgery, risks and potential complications, and downtime. These parameters could validate plasma technology as a new regenerative modality. The plasma skin regeneration (PSR) technology has great potential in dermatology; it helps treat facial arrhythmias, sun keratosis, seborrheic keratosis, and warts. A few studies have examined the clinical effects of PSR technology on periorbital rejuvenation. With conventional blepharoplasty, more than 90% improvement and with PSR ~20% and 30% improvement in the tightening of the upper eyelid and the periorbital folds, respectively, were achieved. After six months, ~40% improvement in acne scars on the face was achieved after the single PSR treatment. PSR has also been explored for the rejuvenation of the skin of the chest, neck, and back of the hands. In addition, it can be used to treat traumatic scars, benign familial pemphigus, and porokeratosis. Understanding the impact of the PSR technology on aesthetic medicine requires basic knowledge of physics and histopathological aspects of plasma. Recent technological advancements are likely to bring dramatic improvements in the aesthetic treatment of the skin. The emergence of laser and light-based technologies are very promising among skin rejuvenation therapies. New laser resurfacing techniques for skin rejuvenation offers significant advantages over conventional ablative lasers such as the CO2 and erbium-YAG laser systems. Non-ablative and fractional lasers, although not as effective as ablative therapies, are associated with significantly lower complication rates and shorter recovery periods. New devices combining ablative and fractional technologies are available in the medical aesthetics market, showing remarkable results.
Market Overview
The Asia Pacific aesthetic medical devices market is segmented into China, Japan, India, Australia, Thailand, and the rest of Asia Pacific. The Asia Pacific region is expected to be the fastest-growing region among all other regions. The market is driven by factors such as large populations in countries such as China and India, the increasing focus of market players in this region, and the introduction of new products or therapies in the country. Moreover, the rising incidence of skin rejuvenation, growing awareness of cosmetic devices to improve aesthetic appeal, increase in healthcare expenditure, and availability of technological advancements in aesthetic products help to boost the growth of the aesthetic medical devices market in the region. In the Asia Pacific, China is the largest market for aesthetic medical devices market. The market growth is primarily attributed to the technological advancements in dermatology devices, increasing developments by the market players, and favorable regulatory policies. Furthermore, increasing demand for aesthetic medical devices among the male population and technological advancements in energy-based devices, government, and non-government partnerships are the other factors that are propelling the market. In September 2018, Allergan announced that it has plans to open its first Medical Aesthetics Innovation Center in Chengdu China in early 2019. The agreement was signed by Allergan and the Chengdu government at the 2018 Chengdu International Investment Summit. However, stringent safety regulations for aesthetic procedures and a lack of a proper reimbursement framework are the few factors that are hampering the market growth. Moreover, the market players are continuously developing technologically, advanced skin tightening products.
APAC Aesthetic Medical Devices Market Revenue and Forecast to 2028 (US$ Million)
APAC Aesthetic Medical Devices Market Segmentation
The APAC aesthetic medical devices market is segmented into technology, application, end user, and country. Based on technology, the market is segmented into laser-based, light-based, electromagnetic energy-based, ultrasound-based, cryolipolysis, suction-based, and plasma energy-based. The laser-based segment registered the largest market share in 2022.
Based on application, the APAC aesthetic medical devices market is segmented into facial skin resurfacing, photo rejuvenation, hair removal, fat reduction & body contouring, skin tightening, cellulite reduction, feminine rejuvenation, tattoos & pigmentation, acne & scars, vascular lesions, and others. The acne and acne scars segment registered the largest market share in 2022. Based on end user, the APAC aesthetic medical devices market is segmented into dermatology & cosmetic clinics, hospitals and clinics, medical spas and home use. The dermatology & cosmetic clinics segment registered the largest market share in 2022. Based on country, the market is segmented into China, Japan, India, Australia, Thailand, and Rest of APAC. China dominated the market share in 2022. Alma Lasers (Sisram Medical), Asclepion Laser Technologies GmbH, Bausch Health Companies Inc., Candela Corporation, Cutera Inc., Fotona, InMode, Jeisys Medical Inc, LASEROPTEK, Lumenis Be Ltd., Lutronic, Merz Pharma, Mesoestetic, and Venus Concept are the leading companies operating in the aesthetic medical devices market in the region.
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Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the aesthetic medical devices market, as well as those hindering it
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