06.06.2018 Оборудование, техника

Medical Aesthetics Market - Share Assessments for the Regional and Country Level Segments

The medical aesthetics market https://www.psmarketresearch.com/market-analysis/medical-aesthetics-market  is expected to reach $19.4 billion by 2023, growing at a CAGR of 12.2% between 2017-2023.

Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser-based aesthetics equipment.

In terms of end-user, the medical aesthetics market is categorized into beauty clinics and centers, spas and salons, hospitals and others. The other end users of medical aesthetics comprise at home use of prescribed aesthetic device and products. Beauty clinics and centers was the largest end user segment of the medical aesthetics industry in 2016. The increasing disposable income of several countries across the globe, along with the increasing number of beauty clinics & centers is fueling the growth of the market for medical aesthetics in beauty clinics & centers. Saps and salons is the second largest end user segment of the medical aesthetics industry.

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The Asia-Pacific medical aesthetics market size is set to cross $5.0 billion by 2023, growing at a CAGR of 16.3% between 2017-2023. The Asia-pacific countries are experiencing a significant increase in the use of cosmetic treatments driven by factors such as expanding middle class population with increasing disposable income, increasing awareness about skin treatments and aging population, decrease in social stigma and taboo attached with these treatments and rise in number of tourists in these regions opting for cosmetic procedures. Countries such as China are easily open for the players for further expansion due to lesser stringent regulations. Some of the most popular treatments in the region are skin brightening, skin resurfacing and hair removal procedures, with procedures such as body shaping and skin tightening gaining further popularity.

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Some of the key players operating in the medical aesthetics market include Allergan plc., Valeant Pharmaceuticals International, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd, Merz GmbH & Co. KGaA, Hologic Inc., Fonon Corporation, Nestle Skin Health S.A., Lumenis ltd.


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