Aesthetic Medicine Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising adoption of minimally invasive surgeries and non-invasive procedures is expected to augment the aesthetic medicine market size by 2026. Facial injectables such as botulinum toxin are among high demand across North America. According to recent studies, the botulinum toxin injection procedure for treating facial wrinkles is most frequently performed in the U.S.
Aesthetic medicines market majorly comprises of body contouring, facial aesthetic, breast aesthetic, tattoo removal and hair removal devices. Body contouring devices are witnessing a significant rise in acceptance owing growing obese population. Aesthetic medicines find application across end-user sectors such as ambulatory surgical centers, dermatology clinics, beauty centers & medical spas, home settings and hospitals. Technological advancements along with globally increasing count of aesthetic surgeries is giving a boost to beauty centers & medical spas.
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Given to rising product demand, several aesthetic medicine manufacturers are developing new products and other advanced procedures. For example, in 2020, Swiss pharmaceutical company, Galderma received FDA approval for Restylane Kysse, an innovative filler designed specifically for adding fullness to lips and smoothening facial wrinkles. Based on such developments, GMI, projects that the aesthetic medicine market may record over USD 24.3 billion by 2026.
The surgical procedures segment is expected to fuel market size over the coming years owing to increasing focus on body contouring procedures and weight loss surgeries. Reports claim that surgical procedures segment accounted for around 28% of the overall aesthetic medicine market share. Some of the most common surgical aesthetic procedures are liposuction and nose reshaping. Concerns among people about their appearance is driving the demand for liposuction.
Europe aesthetic medicine market is projected to expand significantly owing to presence of aging population and rising social awareness. Easy availability of latest products, technologies and plastic surgeons in the region are factors that are likely to drive market share in the upcoming years.
On a global scale, the aesthetic medicine market comprises of companies such as Allergan, Galderma, Alma Lasers, Cutera, Cynosure, Johnson & Johnson and Lumenis. These firms are focusing on various business strategies such as geographic expansions, new product launches and acquisitions, among others. In 2020, Cutera announced the launch of Fraxis PRO, a powerful and progressive dermal remodeling technology to treat a wide range of skin conditions including wrinkles, scars and stretch marks.
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Partial Chapter of the Table of Content
Chapter 4. Aesthetic Medicine Market, By Type
4.1. Key segment trends
4.2. Surgical procedures
4.2.1. Market size, by region, 2015 - 2026 (USD Million)
4.3. Non-surgical procedures
4.3.1. Market size, by region, 2015 - 2026 (USD Million)
Chapter 5. Aesthetic Medicine Market, By Product
5.1. Key segment trends
5.2. Facial aesthetics
5.2.1. Market size, by region, 2015 - 2026 (USD Million)
220.127.116.11. Market size, by region, 2015 - 2026 (USD Million)
5.2.3. Skin rejuvenation
18.104.22.168. Market size, by region, 2015 - 2026 (USD Million)
22.214.171.124. Market size, by region, 2015 - 2026 (USD Million)
5.3. Breast aesthetics
5.3.1. Market size, by region, 2015 - 2026 (USD Million)
5.4. Body contouring devices
5.4.1. Market size, by region, 2015 - 2026 (USD Million)
5.5. Hair removal devices
5.5.1. Market size, by region, 2015 - 2026 (USD Million)
5.6. Tattoo removal devices
5.6.1. Market size, by region, 2015 - 2026 (USD Million)