Product recalls are hampering Medical Aesthetics Market estimated to grow at 10.6% CAGR

Product recalls are hampering Medical Aesthetics Market estimated to grow at 10.6% CAGR

ID: 784 | April 2018 | Region: Global


The Medical Aesthetics Devices Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Medical Aesthetics Devices Market is estimated to be $5.8 USD billion and predicted to rise to $ 9.6 USD billion with a CAGR of 10.6%. The market is segmented by Product Type into Energy Based Devices (Aesthetic Laser Devices, Body Contouring Devices, Microdermabrasion and Ultrasound), Implants and Anti-Wrinkle Products (Botulinum toxin, Dermal Fillers and Chemical Peel) by Procedures (Cosmetic Procedures (Minimally Invasive and Surgical Procedures) and Reconstruction Procedures) by End Users (Home Use and Clinics and Beauty Centers). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

The escalation of the medical aesthetics devices market is mostly driven by the increasing acceptance of minimally invasive and non invasive aesthetic procedures, elderly population, rising awareness among consumers, technological developments in energy-based devices, increasing amount of aesthetic procedures, and rising demand for aesthetic treatment amongst the male population. On the other hand, stringent safety regulations for aesthetic procedures and a significant number of product recalls are hampering the growth of the medical aesthetics market.

The aesthetic lasers and energy devices segment accounted for the largest share of the global medical aesthetics market in 2016, followed by the facial aesthetics segment. On account of the large number of surgical procedures performed, the demand for aesthetic medicine is the largest in professional clinics.

Asia-Pacific leads the Medical Aesthetics Devices market with the highest share followed by North America and Europe. Population in the Asia-Pacific region is rapidly increasing which is fuelling the market growth. Asia-Pacific market is rising and is estimated to grow at highest rate.

Some of the key players in the global medical aesthetic market are Allergan, Cynosure, Johnson & Johnson, LCA Pharmaceutical, Galderma Pharma, Solta Medical, Cutera, Focus Medical, Human Med Ag, Genzyme Corporation, Alcon Inc. and Alma Lasers.

Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-medical-aesthetics-devices-market-778/” and checkout our recent reports in the Medical Devices category at “http://www.marketdataforecast.com/research-reports/healthcare/medical-devices-2/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.

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