Medical Aesthetics Market Comprehensive Analysis and Forecast 2024 to 2030
Markntel Advisors’ report, Medical Aesthetics Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Medical Aesthetics presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Medical Aesthetics Market Research Report & Market Summary:
The Global Medical Aesthetics Market size is valued at around USD 16.34 billion in 2024 and is estimated to grow at a CAGR of around 11.23% during the forecast period, i.e., 2024-30. The surge in demand for aesthetic treatments in recent years is attributed to manufacturers introducing innovative aesthetic devices across the globe. The advent of technologically advanced products, including non-invasive body contouring systems employing fat-freezing technology, is anticipated to unlock lucrative opportunities in the foreseeable future. Notably, non-invasive body fat reduction ranked among the top five non-invasive procedures in the US in 2020, with 140,314 procedures conducted, according to the Aesthetic Society. This underscores the growing popularity and acceptance of such cutting-edge technologies in the aesthetic industry, which positively enhance the market size in the coming years.
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Medical Aesthetics Market Dynamics:
Key Driver-
Growing Customer Interest in Non-invasive & Minimally Invasive Aesthetic Procedures to Drive Market Growth – Non-invasive procedures currently dominate the market share in the field of medical aesthetics. This prevalence is attributed to the immediate & safe results offered by these procedures, coupled with their cost-effectiveness compared to surgical alternatives. Among the most commonly sought-after minimally invasive aesthetic treatments are those utilizing botulinum toxin & aesthetic fillers, specifically employed for skin rejuvenation & tightening resulting in an increased Global Medical Aesthetics market.
Furthermore, the biggest companies, such as Merz Pharma, Allergan Aesthetics, etc., contribute to this landscape by providing uniquely purified botulinum toxin, effectively reducing moderate to severe lines & enhancing facial appearance, which is anticipated to enhance the market share during 2024-30.
Medical Aesthetics Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Product Type
Facial Aesthetics Products are expected to dominate the Global Medical Aesthetics Market, constituting the largest market share since the historical period. The rising adoption of sophisticated tools that enhance precise diagnostics, coupled with an increasing demand for improved sensitivity, is driving the substantial growth of this segment within the broader market landscape. In addition, the global population is aging, leading to an increased demand for aesthetic procedures to address age-related concerns, such as wrinkles, sagging skin, and volume loss. As individuals seek to maintain a youthful appearance, the demand for medical aesthetics procedures continues to rise, which is anticipated to escalate the market size through 2030 as well.
By Procedure
By Technology
By End User
Clinics, Hospitals, and Medical Spa hold the predominant share of the Medical Aesthetics Market over 2019-23, leveraging their status as well-established healthcare entities that provide a comprehensive array of medical aesthetic services. Their prominence stems from a combination of factors, including a reputable standing, a highly skilled medical workforce, and extensive resources.
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By Region
North America is anticipated to hold the major share of the Global Medical Aesthetics Market in the upcoming years (2024-30) due to the high disposable income, modern lifestyles, growing cosmetic surgery & treatment, increasing advancement of aesthetic devices, and others.
As indicated in the latest market research report published by Markntel Advisors, “Medical Aesthetics Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Medical Aesthetics industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
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Top Companies Operating in the Medical Aesthetics Market:
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