Medical Aesthetics Market - Forecast(2021 - 2026)

 

Medical Aesthetics Market Overview

Medical Aesthetics Market size is estimated to reach $17.12 Bn by 2025 and is poised to grow at a CAGR of 10.63% during the forecast period 2020-2025. The term Medical Aesthetics is referred to as a branch of medicine that focuses primarily on procedures and techniques to improve and enhance the appearance, texture, and contours of the skin, face, and body. This branch covers the treatment of scars, moles, liver spots, excess fat, wrinkles, skin looseness, unwanted hair, cellulite, poker, and skin discoloration. Factors such as the increasing acceptance of aesthetic medicine among the geriatric population and the increasing use of minimally invasive and non-invasive aesthetic procedures are driving the market over the forecast period (2020-2025). 


Medical Aesthetics Market Report Coverage

The report: “Medical Aesthetics Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical Aesthetics Market. 
By Product: Facial Aesthetic Products, body contouring devices, Cosmetic implants, Hair removal and Skin aesthetic devices, Tattoo removal devices and others.
By End-user: Clinics, Hospitals, Medical spas, Beauty centers and Homecare.
By Geography: North America, Europe, Asia-Pacific, Rest of World


Key Takeaways

  • Geographically, North America had the largest market for Medical Aesthetics in 2019, owing to the advanced health infrastructures and the development of surgical and medical techniques in the countries of these regions.
  • Growing adoption of minimally invasive and noninvasive aesthetic procedures is driving the market over the forecast period (2020-2025).
  • Health risks associated with aesthetic medicine and reimbursement policies are some of the main factors that are estimated to hinder the growth of the target market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Medical Aesthetics Market report.


Medical Aesthetics Market Segment Analysis - By Product

The global Medical Aesthetics market based on the Product has Facial Aesthetic Products, body contouring devices, cosmetic implants, Hair removal and Skin aesthetic devices, Tattoo removal devices and others. The facial cosmetics segment is projected to have the largest share of the medical aesthetics market in 2019 and is set to continue over the forecast period (2020-2025). This is attributed to the growing demand for facial aesthetic treatments, the increase in disposable income and spending capabilities, and the growing population of the elderly. The growing female working population, attractive and optimized treatment outcomes continue to be key factors in the growth of the aesthetic segment of the face.


Medical Aesthetics Market Segment Analysis - By End Use 

Based on End-use, the market is classified into Clinics, Hospitals, Medical spas, Beauty centers and Homecare. Clinics, hospitals and spa segments are projected to account for the largest share of the global medical aesthetics market in 2019. This end-user segment is also projected to be the fastest growing end-user segment in the forecast period 2020-2025, with an increasing number of clinics and spas and the high availability of financial and infrastructural resources in hospitals, including technologically advanced equipment, trained staff and aesthetic procedures. Beauty centers are projected to have a significant share of the global aesthetic market owing to factors such as the growing number of beauty centers and the growing consumer awareness of skin diseases.

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