Global Medical Aesthetics Market Overview:
Medical aesthetic services include high-tech skincare products that represent the amalgamation of health and beauty services. It is the use of advanced technologies to provide a medically based procedure that is said to bring about a significant cosmetic change or improvement. These services can include the use of lasers or other energy-based devices. Medical aesthetic devices are mainly used for the purpose of treating impairments that are associated with any person's aesthetic appearance, like sagging skin, cellulite, scars, excess fat, birthmarks, wrinkles, moles, spider veins, unwanted hair, and skin discoloration. Aesthetic medicine includes both surgical and non-surgical procedures, and doctors can choose a combination of both to improve the patient's physical appearance. A convenient replacement of dysfunctional/missing body parts caused by accidents, trauma, and other congenital disorders is also possible through the use of aesthetic implants. Some of the key players profiled in the study are Allergan (Ireland), Solta Medical International Inc. (United States), Syneron Medical (United States), Photomedex, Inc. (United States), Cynosure (United States), Lumenis Ltd. (Israel), Johnson & Johnson (United States), Zeltiq Aesthetics (United States), Merz Pharmaceuticals GmbH (Germany), Galderma (Switzerland) and Alma Lasers Ltd. (Israel).
On the basis of geography, the market of Medical Aesthetics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Product Types, the sub-segment i.e. Liposuction will boost the Medical Aesthetics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Surgical will boost the Medical Aesthetics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Rising Adoption among Geriatric Individuals
- Increasing Public Awareness about Cosmetic Procedures
- The Increasing Number of Clinics and Medical Spas
- The High Availability of Financial and Infrastructural Resources with Hospitals
- The Growing Adoption of Minimally Invasive and Noninvasive Aesthetic Procedures
- The Increasing Demand for Aesthetic Treatments among Men
- High Cost of Treatment
- Risk of Malfunctions Associated Mostly With Implants
- The Availability of Technologically Advanced & User-Friendly Products
- Technologically Advanced Devices
- Growth in Awareness Programs, Such As Breast Reconstructive Awareness Campaign
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Target Audience:Providers of Medical Aesthetics, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Medical Aesthetics market on the basis of product [Devices and Aesthetic Implants] , application [Clinic, Medical SPA and Beauty Center], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Medical Aesthetics market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Medical Aesthetics industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Medical Aesthetics market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.