Medical Aesthetics Market

The report "Medical Aesthetics Market by Product (Botox, Filler, Peel, Implant, Liposuction, Microneedling, Hair Removal, Laser Resurfacing, RF, Phototherapy), Procedure (Surgical, Nonsurgical), End User (Hospital, Beauty Clinic, Spa), Region - Global Forecast to 2030", is estimated to reach USD 35.32 billion by 2030 from USD 17.16 billion in 2024, at a CAGR of 12.8% during the forecast period.

Browse 253 market data Tables and 50 Figures spread through 310 Pages and in-depth TOC on "Medical Aesthetics Market by Product (Botox, Filler, Peel, Implant, Liposuction, Microneedling, Hair Removal, Laser Resurfacing, RF, Phototherapy), Procedure (Surgical, Nonsurgical), End User (Hospital, Beauty Clinic, Spa), Region - Global Forecast to 2030 "
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The growth of the medical aesthetic market can be attributed to the increasing popularity of aesthetic procedures among the elderly, as well as a significant demand for non-surgical procedures among millennials. This shift is largely due to a rising preference for minimally invasive treatments. As the disposable incomes of consumers are increasing in developed economies with respect to time. Expenditure on healthy and socially accepted lifestyles is increasing, such conditions make consumers spend more on aesthetic products and services which will indirectly help to grow the market for medical aesthetics. This trend reflects a broader societal shift towards embracing aging with vitality and confidence, contributing substantially to the market's expansion.

Facial aesthetics products acquired a major share in the global medical aesthetics market.

Facial aesthetics products dominate the medical aesthetics market because of the strong demand for cosmetic enhancements. Social and cultural factors, such as beauty standards and social media impact, amplify this trend. Preventive treatments are becoming increasingly popular, with younger patients seeking early intervention to maintain their aesthetics. All these characteristics helped facial aesthetics products to acquire the largest share in the medical aesthetics market.

The non-surgical procedures acquired the largest share of procedures in the medical aesthetics market for the year 2023.

Non-surgical techniques are perceived as safer by consumers since they are less invasive. They are more desirable since they carry a lower risk of complications, infections, and anesthesia-related difficulties. Non-surgical therapies require little downtime, allowing patients to immediately resume normal activities. All these factors help non-surgical procedures a more preferable choice for consumers across the globe. These factors are anticipated to propel the growth for medical aesthetics market.

The clinics, hospitals, and medical spas segment accounted for the largest share of the medical aesthetics  market, by end-user, in 2023

Based on end user, the global Medical Aesthetics Market is segmented into clinics, hospitals, and medicals spas, beauty centers, and home care settings. The clinics, hospitals, and medicals spas segment held the largest share of the market in 2023. High growth in the number of hospitals and increasing geriatric population are factors driving the growth of this segment. Moreover, the emerging demand for minimally invasive and non-invasive aesthetic treatments in these places is also propelling them in the market. Advanced technology and well-trained professionals for safe and effective outcomes characterize clinics, hospitals, and medical spas. It also supports this trend, wherein consumer awareness is increasing, along with the growing affordability of aesthetic treatments around the world.

The Asia Pacific market  to register the highest growth in the market during the forecast period

Asia Pacific Medical Aesthetics Market will account for the largest share and exhibit the highest growth rate in the forecast period, from 2024 to 2030. In APAC, major companies are putting emphasis on their production facilities expansion as this region continuously shows increased use of high-end devices. Improvement in health infrastructure systems and government support toward up-gradation of healthcare structures open ample opportunities for market key players. Besides this, the rising disposable income and awareness of aesthetic procedures among the middle-class population in countries like China, India, and South Korea is further fueling market growth in the region. The rising popularity of medical tourism in APAC, especially for cost-effective yet advanced aesthetic treatments, is also attracting international patients, contributing to the rapid expansion of the market.

Major Market Players in Medical Aesthetics Market

In the medical aesthetics market, the following players hold maximum value shares, AbbVie Inc. (US), Alma Lasers (Israel), Cynosure (US), Johnson & Johnson (US), Bausch Health Companies Inc. (Canada), Cutera (US), Galderma (Switzerland), El.En. S.p.A. (Italy), and InMode Ltd (Israel).

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