Medical Aesthetics Market size to grow by USD 29.67 billion between 2022 to 2027 – Technavio
Industry: Healthcare
The increasing global awareness of medical aesthetics to drive the market growth
New York, NY (PRUnderground) November 20th, 2023
The Medical Aesthetics Market size is set to grow by USD 29.67 billion between 2022 and 2027, and register a CAGR of 8.6%, according to Technavio’s latest market research report estimates. The market is driven by the rising global awareness of medical aesthetics, now a common choice for individuals seeking appearance enhancement. Aesthetic clinical treatments gain popularity due to their swift results, supported by companies conducting skin disease awareness programs, and amplifying product awareness. Collaborations with renowned celebrities sharing their minimally invasive procedure experiences help alleviate consumer hesitations, driving the growing demand for medical aesthetic procedures.
With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses in obtaining growth opportunities. Buy the Report
Medical Aesthetics Market 2023-2027: Segmentation
- Type
- Body Contouring Procedures
- Botox And Dermal Filler Procedures
- Other Procedures
- End-user
- Hospitals And Clinics
- Medical Spas And Beauty Centers
- Home Use
- Geography
- North America
- Europe
- Asia
- Rest Of World (ROW)
The body contouring procedures segment within the aesthetic medicine market is expected for significant market share growth during the forecast period. Various minimally invasive and non-invasive body contouring technologies, including laser, radiofrequency, cryolipolysis, ultrasound, and heat, contribute to this segment. The global body contouring market is projected to steadily expand due to the increasing adoption of these less invasive procedures. Their appeal lies in minimal scarring and minimal alteration to natural skin texture, making them preferable over invasive methods.
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Medical Aesthetics Market 2023-2027: Company Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 companies operating in the market. Some of these companies include 3M Co., AbbVie Inc., Adin Dental Implant Systems Ltd., Anika Therapeutics Inc., Bausch Health Co Inc., BioHorizons Inc., Candela Corp., Danaher Corp., Dentsply Sirona Inc., Galderma SA, Hologic Inc., Huadong Medicine Co. Ltd., Johnson and Johnson, Merz Pharma GmbH and Co KGaA, Shanghai Fosun Pharmaceutical Group Co. Ltd., Sientra Inc., Zimmer Biomet Holdings Inc., Boston Scientific Corp., Cutera Inc., and Venus Concept Inc.
The report also covers the following areas:
- Medical Aesthetics Market size
- Medical Aesthetics Market trends
- Medical Aesthetics Market industry analysis
The medical aesthetics market is fragmented, and the degree of fragmentation will accelerate. The increasing global awareness about medical aesthetics will offer immense growth opportunities. However, the High cost of treatments will hamper the market growth.
Medical Aesthetics Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist medical aesthetics market growth during the next five years
- Estimation of the medical aesthetics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the medical aesthetics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of medical aesthetics market vendors
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TOC
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by Type
- Market Segmentation by End-User
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio Research
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
