Global Aesthetic Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Aesthetic Devices Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global Aesthetic Devices market report has been segmented on the basis of product, end user, and region.
Global Aesthetic Devices Market: Overview
Aesthetic medicine devices is being concerned with cosmetics and appearance and comprise clinical dermatology, dermatologic surgery and corrective dermatology. These devices are used aesthetics, particularly for new arenas of skin tightening and non-invasive fat reduction.
Global Aesthetic Devices Market: Dynamics
Growing number of surgical room procedure, increase cases of trauma and road accidents, rising demand for minimally invasive reconstruction surgeries, and high prevalence of congenital face and tooth deformities are major factor driving growth of the global aesthetic devices market.
In addition, growing obese population and advance technologies in aesthetic devices are another factors driving the growth of the target market
Furthermore, developing medical infrastructure, high awareness among the young populace about the medical aesthetic, rising health care expenditure are some other factors boosting growth of the global market. According to WHO, in 2016, nearly 1.9 billion adults (18 years and older) were overweight out of which over 650 million were obese population
However, poor reimbursement policies and safety concern are factor expected to hamper growth of the global market.
Global Aesthetic Devices Market: Segment Analysis
On the basis of product, laser hair removal devices segment is expected to register and grow with highest CAGR over the forecasted period, owing to increasing hair removal procedure by laser and rising disposable income. On the basis of end user, clinics and beauty centers are expected to register high revenue growth owing to increasing awareness regarding aesthetic devices among young population.
Global Aesthetic Devices Market: Trends
Key trend observed currently in the target market is players are focusing launching new technologically advent medical aesthetic devices. For instances, in January 2018, Cutera, Inc. which is the US-based – leading provider of laser and energy-based aesthetic systems introduced Juliet and Secret RF – laser and energy-based devices.
Global Aesthetic Devices Market: Regional Analysis
Currently, market in North America is expected to accounts for major revenue share and is expected to lucrative growth over the forecast period. This is primarily attributed developed medical infrastructure and raising awareness regarding medical aesthetic devices. According to the American Society for Aesthetic Plastic Surgery (ASAPS), every year Nearly 1 million laser hair removal treatments were performed in the US. Asia Pacific market in projected to witness fastest growth in terms of revenue in the near future. In terms of revenue growth, market such as Europe, Latin America, and Middle East and Africa is anticipated to witness relative growth over the forecast period.
Global Aesthetic Devices Market Segmentation:
Segmentation by product:
- Aesthetic Lasers and Energy Devices
- Non-Surgical Skin Tightening Devices
- Aesthetic Ophthalmology Devices
- Laser Hair Removal Devices
- Aesthetic Implants
- Facial Aesthetics Devices
Segmentation by end user:
- Ambulatory Surgical Centers
- Clinics and Beauty Centers
- Home Settings
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Allergan, Inc.
- Galderma S.A.
- Johnson & Johnson
- Lumenis, Inc.
- Sciton, Inc.
- Solta Medical, Inc.
- Sanuwave Health Inc.
- Cynosure Inc. (A Division of Hologic, Inc.)
- Syneron Medical Ltd.
- Zimmer Biomet Holdings, Inc.
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