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 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.
The escalation of the medical aesthetics devices market is mostly driven by the increasing acceptance of minimally invasive and non-invasive aesthetic procedures, the 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.
Key Segments Covered in the report:
By Product Type - 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 Centres)
By Region - North America, Europe, APAC, Latin America, Middle East, and Africa
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 a 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. The population in the Asia-Pacific region is rapidly increasing which is fuelling the market growth. The Asia-pacific market is rising and is estimated to grow at the highest rate.
Some of the key players in the global medical aesthetics devices 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.