The report “Medical
Aesthetics Market by Products (Liposuction, Cellulite Reduction, Fat Reduction,
Skin Tightening, Breast Implants, Botox, Dermal Fillers), Procedures (Cosmetic
& Reconstructive), & End-Users (Beauty center and Home) - Global
Forecast to 2020”, this report studies the global medical aesthetics market
over the forecast period of 2015 to 2020. The market is expected to reach
$12,581.9 Million by 2020, at a CAGR of 10.8% from 2015 to 2020.
Browse 135 market data tables and 47 figures spread through 216 pages and in-depth TOC on “Medical Aesthetics Market"
will receive 10% customization on this report.
The global medical aesthetics market is estimated to grow at
a CAGR of 10.8% from 2015 to 2020. In this market, the demand for advanced
energy-based devices for aesthetic procedures is increasing. This is because
these devices are easy to use, and cosmetic and reconstructive procedures using
these devices are less time-consuming.
Manufacturers are investing heavily in R&D to develop
advanced devices that are easy to operate, cost lower, and have enhanced
functionalities compared to traditional devices. Such as, In April 2015, DEKA
Medical (U.S.) received an additional FDA clearance for its ‘Synchro REPLA: Y’
laser system. This product offers high-speed, stable long-term, or permanent
hair reduction, and treatment of pseudo folliculitis barbae (PFB). It also
offers safe treatment for benign pigmented lesions, wrinkles, and
photocoagulation of dermatological vascular lesions.
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Currently, home-use aesthetic products (Include devices
marketed for hair removal, hair growth, acne, rejuvenation, wound healing, and
scar treatment) are increasingly being adopted by customers in their day-to-day
life because they provide substantial savings in terms of cost and time (as
compared to visits to beauty clinics). With the development of home-use
aesthetic devices, physician-driven treatments are now available to patients at
their home. In addition, increasing awareness and improving safety of home-use
aesthetic devices is further increasing their adoption across the globe.
Apart from this, the importance of social medical in the
medical aesthetic industry is witnessed high. Through social media platforms
such as Facebook, Twitter, Google Plus, and LinkedIn, most cosmetic surgery
practices can easily reach out to a larger number of potential patients. Social
media acts as a robust marketing platform for aesthetic product manufacturers
and suppliers across all demographics. For aesthetics stakeholders, social
media provides high visibility to a large number of people, personalized
connectivity with potential consumers, and also helps in product promotion and
building credibility with consumers.
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Factors such as the increasing inclination towards minimally
invasive and non-invasive aesthetic procedures, technological advancements in
energy based devices and rapid growth in number of cosmetic procedures are
driving the growth of the global medical aesthetics market. However, stringent
safety regulations for aesthetic procedures and a social stigma associated with
these treatments are restricting the growth of the global medical aesthetics
As of 2015, North America holds the largest share of the
global medical aesthetics market, followed by Europe. However, the Asia-Pacific
region is expected to grow at the highest CAGR from 2015 to 2020. This is
primarily due to growing middle class disposable income, aggressive marketing
by leading U.S., and an increase in awareness about aesthetics in the region.
Allergan, Inc. (U.S.) – A division of Actavis plc (Ireland),
Cynosure, Inc. (U.S.), Lumenis Ltd. (Israel), Mentor Worldwide LLC (U.S.) – A
business unit of Johnson & Johnson, PhotoMedex, Inc. (U.S.), Solta Medical,
Inc. (U.S.) - A division of Valeant Pharmaceuticals International, Inc.
(Canada), Syneron Medical, Ltd. (Israel), Galderma S.A. (Switzerland) - a
wholly owned subsidiary of Nestlé S.A. and ZELTIQ Aesthetics, Inc. (U.S.) are
the main players in the global medical aesthetics market.
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