Aesthetic Medicine Market [+9.3% CAGR] Witnesses Emergence Of Cynosure, Galderma S.A And Lumenis As Key Market Contributors – Market.Us

Aesthetic medicine is a branch of medicine that deals with the appearance of patients and the enhancement of their physical features. It is a relatively new field, and one that is constantly evolving. Aesthetic medicine includes procedures such as Botox injections, dermal fillers, laser treatments, and more. The goal of aesthetic medicine is to help patients feel better about themselves. Often, patients who are unhappy with their appearance are also unhappy with their lives in general. Aesthetic procedures can help to improve a person’s self-esteem and confidence.

Aesthetic medicine is a branch of medicine that deals with the appearance of patients and the enhancement of their physical features. It is a relatively new field, and one that is constantly evolving. Aesthetic medicine includes procedures such as Botox injections, dermal fillers, laser treatments, and more. The goal of aesthetic medicine is to help patients feel better about themselves. Often, patients who are unhappy with their appearance are also unhappy with their lives in general. Aesthetic procedures can help to improve a person’s self-esteem and confidence.

The Global Aesthetic Medicine Market size was valued at USD 14.6 billion in 2020 and is expected to witness more than 9.3% CAGR.

This growth is largely being driven by the increasing prevalence of aesthetic concerns among both men and women, as well as the availability of advanced treatments and technologies. In addition, the growing trend of minimally invasive and non-invasive procedures is also contributing to market growth.

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In recent years, there has been a rise in demand for aesthetic treatments due to innovative devices being developed by manufacturers. In the next few years, market growth is expected to be facilitated by the introduction of new, technologically advanced products such as non-invasive body contouring that uses fat freezing technology. The Aesthetic Society (U.S.) reported that non-invasive body fat loss was one of the most popular non-invasive procedures in America in 2020, with 140,314 procedures.

Key Drivers, Restrains of Global Aesthetic Medicine Market

The demand for cosmetic procedures is growing all over the globe. This will further boost the market for aesthetic medicine. Along with increased consumer interest and demand for non-invasive and minimally invasive services like laser resurfacing and aesthetic injectables, there is also an increase in the demand for skin texture and tone improvements.

The aesthetic medicine market is expected to grow further due to increased awareness and demand for preventative procedures that offer anti-aging benefits. Market players are expected to focus on R&D investments to create new aesthetic medicines and increase their demand. The market will be affected by unfavorable reimbursement policies, and high costs for aesthetic procedures during the forecast period.

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Key Market Players included in the report:

Allergan
Alma Laser
Cynosure
Galderma S.A
Lumenis
Johnson and Johnson
Solta Medical
Syneron Medical

Recent Developments

AbbVie (USA) purchased Allergan (Ireland), in November 2020 to create a global segment called Allergan Aesthetics to enhance its medical aesthetics product range.

In January 2019, HRA Pharma (France), acquired Merz (Germany), in order to expand its product range in surgical medical aesthetics.

Key Market Segments
Type

Surgical Procedures
Non-Surgical Procedures

Application

Hospitals
Ambulatory Surgical Clinics
Dermatology Clinics

Regional Segmentation:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Frequently Asked Questions About This Report

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Who will all get benefits from Global Aesthetic Medicine market research report?

– Product managers, Aesthetic Medicine industry administrator, chief administrative officers of the industries.

– Scientists, Aesthetic Medicine investigators, research analysts, and laboratory expertise.

– Universities, students, interns, professors and various other academic organization interested in Aesthetic Medicine market.

– Writer, journalists, editors, reporter and webmasters get to know about Aesthetic Medicine.

– Private/governmental institutes, project managers associate in Aesthetic Medicine industry.

– Current or forthcoming Aesthetic Medicine market players.

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