Global Medical Aesthetics Market Is Projected To Witness Vigorous Expansion By 2026 | Allergan, Bausch Health Companies Inc., Lumenis, Shanghai Fosun Pharmaceutical Group Co. Ltd., Cynosure
This Global Medical Aesthetics Market research report offers an array of insights about industry and business solutions that will support to stay ahead of the competition. A systematic investment analysis is also underlined in this report which forecasts impending opportunities for the market players. The market report is an outcome of persistent and numerous efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carry out detailed and diligent research on different markets, trends and emerging opportunities in the consecutive direction for the business needs.
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Global medical aesthetics market is projected to register a healthy CAGR of 12.1% in the forecast period of 2019 to 2026. Aesthetics devices are an innovative advancement, providing a solution to patients which deal with the ingenuity of creating beauty. The medical aesthetics devices is a growing market owing to its benefits such as maintaining the youthful appearance, pain free and non-invasive beauty treatments, maintenance free skin that remains smooth and hairless without the need for shaving, waxing or unpleasant hair treatments, improving the cosmetic appearance, and technological advancement in medical aesthetics devices.
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The market is showing a substantial growth in the emerging countries as these countries are adapting to the trends of urbanization. Brazil, South Africa, Thailand and many others have improved in the past one decade. People are opting different aesthetics surgeries to maintain themselves, which give them better results without any stressful physical efforts. Medical Aesthetics is one of the most trending concepts of the 21st Century which will show a substantial increase in the future as there is a great technological advancement and innovation in the field by the companies dealing with these devices making them safer and even less invasive leading to more population opting for these procedures.
The credible Global Medical Aesthetics Market report provides company profiling of key players in the industry, carefully analyzing their core competencies, and drawing a competitive landscape for the market. The data involved in this market report can be very necessary when it comes to dominating the market or making a mark in the market as a new emergent. To generate the best market research report, a range of objectives of the marketing research are required to be kept in mind. Market research analysis and data lend a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.
Global Medical Aesthetics Market By Product type (Aesthetic Lasers, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants, Skin Aesthetic Devices), Application (Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Breast Enhancement, Body Shaping and Cellulite, Tattoo Removal, Vascular Lesions, Psoriasis and Vitiligo, Others), End User (Cosmetic Centres, Dermatology Clinics, Hospitals, Medical Spas and Beauty Centres), Distribution Channel (Direct Tender, Retail), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Competitive Analysis: Global Medical Aesthetics Market
Some of the major players operating in the global medical aesthetics market are Allergan, Bausch Health Companies Inc., Lumenis, Shanghai Fosun Pharmaceutical Group Co. Ltd., Cynosure, Syneron Medical Ltd, Aerolase Corp., A.R.C. Laser Gmbh, Asclepion Laser Technologies Gmbh, Btl, Cutera, Eclipse, Lutronic, Mentor Worldwide Llc, Merz Pharma, Quanta System, Sciton Inc., Sharplight Technologies Inc, Syneron Medical Ltd., Venus Concept.
Global Medical Aesthetics Research Methodology
Data Bridge Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.
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The titled segments and sub-section of the market are illuminated below:
Global medical aesthetics market is segmented into 4 notable segments such as product type, type of care, accessories and end user
- On the basis of product type, the market is segmented into Aesthetic Lasers Devices, Energy Devices, Body Contouring Devices, Facial Aesthetic Devices, Aesthetic Implants and Skin Aesthetic Devices. In 2019, body contouring devices segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
- In 2016, BTL aesthetics announced that it has received the FDA approval for its BTL Vanquish ME. This will demonstrate the versatility of the BTL Vanquish ME system and efficacy.
- On the basis of application, the market is segmented into Anti-Aging and Wrinkles, Facial and Skin Rejuvenation, Vascular Lesions, Body Shaping and Cellulite, Breast Enhancement, Sears, Pigment Lesions, Reconstructive, Tattoo Removal, Psoriasis and Vitiligo, Others. In 2019, anti-aging and wrinkles segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
- In 2018 Lumenis announced the launch of its new product line, NuEra tight which is temperature control technology for skin smoothing by the application of Radio Frequency.
- On the basis of end-user, the market is segmented into Dermatology Clinics, Cosmetic Centers, Hospitals and Medical Spas and Beauty Centers. In 2019, cosmetic centers segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
- In 2018, Lutronic announced the availability of its new product LaseMD, a 1927nm Thulium laser. It was a new innovation that allows skin resurfacing to every patient.
- On the basis of distribution channel, the market is segmented into direct tender and retail. In 2019, direct tender segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
- In 2018 Sharp Light announced the launch of the cutting edge aesthetic devices which utilized Proprietary DPC Technology. This Dynamic Pulse Control (DPC) technology delivers unprecedented aesthetic results.
How will the report help new companies to plan their investments in the Medical Aesthetics market?
The Medical Aesthetics market research report classifies the competitive spectrum of this industry in elaborate detail.
The report also mentions about the details such as the overall remuneration, product sales figures, pricing trends, gross margins, etc.
Information about the sales & distribution area alongside the details of the company, such as company overview, buyer portfolio, product specifications, etc., are provided in the study.
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Key Pointers Covered in the Medical Aesthetics Market Industry Trends and Forecast to 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Healthcare Outcomes
- Market Cost of Care Analysis
- Market Regulatory Framework and Changes
- Market Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
The main factors behind the growth of the Medical Aesthetics Market are:
- Aging population globally: With the average age of population rising rapidly, the number of people being categorized under the geriatric population category is at an all-time high. This population group suffers from various visual flaws of their skin and body. This factor is expected to have a positive impact on the demand for medical aesthetics as the majority of the individuals are wanting to stay young for a longer period of time and do not want to exhibit any visual signs of aging. Therefore, they prefer adopting medical aesthetic solutions and services, this will induce the market to experience a healthy growth in the future
- Technological advancements: Another major reason behind the large-scale adoption of medical aesthetics is the innovations that the major pharmaceutical and cosmetic companies are taking part in. They have initiated the development of technically advanced product offerings and solutions in collaboration with various scientists, experts in the field of medical aesthetics along with the feedback collected from various consumers. These activities will provide the market will advanced levels of product offerings that are more effective than the products already available commercially
The market is segmented on the basis of product type as aesthetic lasers, energy devices, body contouring devices, facial aesthetic devices, aesthetic implants, skin aesthetic devices; application as anti-aging & wrinkles, facial & skin rejuvenation, breast enhancement, body shaping & cellulite, tattoo removal, vascular lesions, psoriasis & vitiligo, others; end user is segmented into cosmetic centres, dermatology clinics, hospitals, medical spas & beauty centres; distribution channel as direct tender, retail.
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