Medical aesthetics refers to the use of various therapies to enhance a person's aesthetic look by removing flaws including extra body fat, loose skin, stretchmarks, moles, scars, unneeded hair, dark spots, skin discoloration, and wrinkles. Surgery and non-surgical procedures are used in aesthetic medicine to enhance a patient's physical appearance. In addition, medical aesthetic devices or implants are utilized to treat abnormalities brought on by trauma, accidents, or other congenital disorders. Over time, young people have gotten more and more interested in using aesthetic medical equipment.
Aesthetic Medical Devices Market Overview
A market research study on “Aesthetic Medical Devices Market” is available from Maximize Market Research, a global healthcare market research company.An extensive study of the sector is provided in the report on Aesthetic Medical Devices Market. The market size and growth rate are two major points of the report. The drivers, restraints, challenges, and opportunities for the Aesthetic Medical Devices Market’s growth are included in the report’s insights.
The market for aesthetic medical devices was estimated to be worth USD 18.97 billion in 2022, and from 2023 to 2029, the total income from these products is anticipated to increase at a CAGR of 12.8%, or roughly USD 44.08 billion.
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Market trends for aesthetic medical devices:
PRP (Platelet-Rich Plasma) treatments are in high demand in the market for aesthetic medical devices.
Platelet-Rich Plasma (PRP) therapies are frequently used for hair loss, acne scars, and face rejuvenation. When it comes to enhancing aesthetics and reversing the signs of aging, PRP treatments are ideal for addressing fine lines, wrinkles, sagging skin, and uneven-toned skin. PRP procedures use the patient's blood to encourage the production of collagen and give them a younger appearance. Due to the fact that PRP therapy is an all-natural, allergy-free process, its popularity has increased. PRP is most effective at preventing hair loss because it causes inflammatory reactions that promote growth factors that do so. Additionally, PRP treatments yield results in a matter of days, whereas results
avoiding surgery to reduce fat
Non-surgical treatments are preferred by patients because they require less recovery time, produce better results, and are more comfortable. As a result, nonsurgical fat reduction has emerged as the most well-liked and durable trend in the market for aesthetic medical devices. These treatments aim to reduce fat cells in difficult body regions like the bottom, thighs, upper arms, and abdomen. These non-surgical body sculpting procedures don't require surgery, anesthesia, sutures, incisions, or a protracted healing process.
Aesthetic Medical Devices Market Segmentation
In terms of revenue, the Facial Aesthetic Devices segment accounted for 33.4% of the global market for aesthetic medical devices in 2022. The segment offers significant growth potential for top market participants and is projected to expand at a CAGR of 11.8% over the course of the forecast period. Every year, more minimally invasive facial aesthetic operations are carried out all around the world. The number of nonsurgical injectable operations conducted in 2017 increased from 2015 by over 850 000 to over 8.5 million. As a result, it is anticipated that throughout the forecast period, the number of facial aesthetic procedures and treatments will rise.
By 2029, the Botulinum toxin subsegment is anticipated to have the biggest market share and rule the market for cosmetic medical devices. A neurotoxic protein called botulinum toxin is created by the bacterium Clostridium botulinum. Injections of botulinum toxin are known to block nerve signals to the muscle they are delivered to. The amount of needless facial wrinkles or look is reduced since the muscle or tissue cannot bind without a signal.
Because of this, both aesthetic and non-cosmetic uses of botulinum toxin concentrations are made, including the treatment of dystonia, chronic migraine, and frown lines between the brows. Young adults' preference for botulinum toxin procedures, an increase in the number of populations who are beauty-conscious, the desire for less invasive cosmetic procedures, and new product launches are all contributing to the segment's growth throughout the projection period.
1 Global Aesthetic Medical Devices Market, by Product (2022-2029)
• Facial Aesthetic Devices
o Botulinum toxin
o Derma Fillers
o Microdermabrasion products
o Chemical peels
• Cosmetic Implants
o Breast implants
o Gluteal implants
o Facial implants
• Skin Aesthetic Devices
o Nonsurgical skin tightening devices
o Laser skin resurfacing devices
o Microneedling products
o Light therapy devices
• Body Contouring Devices
o Nonsurgical fat reduction devices
o Cellulite reduction devices
o Liposuction devices
• Physician-Dispensed Cosmeceuticals Skin Lighteners
• Hair Removal Devices
o LASER hair removal devices
o IPL hair removal devices
• Tattoo Removal Devices
• Thread Lift Products
• Physician-Dispensed Eyelash Products
• Nail Treatment laser Devices
2 Global Aesthetic Medical Devices Market, by Technology (2022-2029)
• Radiofrequency technology
• Microcurrent Technology
• Ultrasound Technology
• Laser Technology
• Plasma Therapy
3 Global Aesthetic Medical Devices Market, by End User (2022-2029)
• Clinics, Hospitals, And Medical Spas
• Beauty Centers
• Home Care Settings
• Others
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Aesthetic Medical Devices Market Key Players
1. Mentor Worldwide LLC (Johnson Johnson) (U.S.)
2. Syneron Medical Ltd. (Candela Corporation) (U.S.)
3. Sciton, Inc. (U.S.)
4. Fotona (U.S.)
5. Solta Medical (Valeant Pharmaceuticals) (U.S.)
6. BTL INDUSTRIES, Inc. (U.S.)
7. Genesis Biosystems, Inc. (U.S.)
8. Implantech (U.S.)
9. Galderma (Switzerland)
10. Cutera Inc. (U.S.)
11. Venus Concept (Canada)
12. Lutronic (U.S.)
13. Sientra Inc. (California)
14. Aesthetic Management Partners (U.S.)
15. Cartessa Aesthetic (U.S.)
16. Apyx Medical (U.S.)
17. Zimmer Biomet (U.S.)
18. Implantech (U.S.)
19. GALDERMA Laboratories (U.S.)
20. Candela Corporation (U.S.)
21. Cynosure (U.S.)
22. Viora (New York)
23. Alma Lasers (Fosun Pharmaceutical Co., Ltd.) (Chicago)
24. Hologic, Inc. (U.S.)
25. Novartis AG (Switzerland)
26. Allergan plc (AbbVie Inc.) (Ireland)
27. Merz Pharma (Germany)
28. El.En. (Italy)
29. Lumenis Ltd. (Israel)
30. Bausch Health Companies Inc. (Germany)
31. InMode (Israel)
32. Anika Therapeutics, Inc.
33. Ulthera (India)
Aesthetic Medical Devices Market Report Scope and Research Methodology
Primary and secondary research methods were both used in the Aesthetic Medical Devices Market Analysis. Primary research involves the direct collection of data from the market through surveys, interviews, and market observations. Information was acquired for secondary research from published sources such news articles, business websites, and industry studies.
The competition in the market, which consists of innovators, copycats, and newcomers, is carefully examined. Through rigorous primary research, the key data discovered during the examination of Aesthetic Medical Devices were confirmed and verified. Examples of computations based on market statistics include market engineering, market forecasting, market breakdown, and data triangulation. The secondary data was gathered through the company’s annual reports, articles, paid and free databases, etc. to determine the regional
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Aesthetic Medical Devices Market Regional Insights
The study provides a comprehensive analysis of each region’s growth drivers, roadblocks, prospects, and competitive environment. The geographic divisions of the market are North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The study also identifies the leading countries in each region and forecasts the markets for those countries
Important inquiries addressed in the Aesthetic Medical Devices Market are:
- What is Aesthetic Medical Devices ?
- What are the global trends in the Aesthetic Medical Devices Market?
- What was the Aesthetic Medical Devices Total Market size in 2022?
- What is expected Aesthetic Medical Devices Market size by 2029?
- Who held the largest market share in Aesthetic Medical Devices Market?
- Who are the leading companies and what are their portfolios in Aesthetic Medical Devices Market?
- What are the major challenges that the Aesthetic Medical Devices Industry could face in the future?
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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