Global medical aesthetics market projected to grow with significant CAGR over the forecast period
Types of invasive and non-invasive medical aesthetics:
Global medical aesthetics market: Medical aesthetic devices are used in the treatment for rectifying damage or loss to the patient’s physical appearance such as cellulite, moles, scars, skin discoloration, sun spots, spider veins, wrinkles, face lifting, etc. Non-surgical and surgical or sometimes both are used in order to get the desired results for the patient’s appearance. Aesthetic implants help to regroup the dysfunctional part of the body due to trauma, accidents, congenital disorders or aging in the patients.
Factors such as a rise in the demand for minimally invasive and non-invasive procedures, increase in awareness and rise in demand for the aesthetic treatment are contributing to the medical aesthetic devices market. In addition to that, growing brand consciousness on cosmetic and beauty products in the aging population and availability of the aesthetic devices and the fact that is user-friendly are also adding to the market growth of medical aesthetic devices. In spite of all the positive factors, factors such as expensive pricing, low reimbursements policies, malfunctioning risk related to implants and stringent regulations policies and low survival rate will hamper the market growth of medical aesthetics market.
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The global medical aesthetics market is categorized on the basis of-
1. Product
Aesthetic Lasers
Non-ablative Lasers
Ablative Lasers
Body Contouring and Skin Tightening Devices
Liposuction Devices
Skin Tightening Devices
Cellulite Reduction devices
Aesthetic Implants
Dental Implants
Root Form Dental Implants
Plate Form Dental Implants
Breast Implants
Saline Filled
Silicone Gel Filled
Facial Implants
Other Implants
2. Applications
Surgical
Face & Head
Breast
Body & Extremities
Non-surgical
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3. End-users
Hospitals, Dermatology Centers, Clinics and Medical Spas, Beauty clinics, etc.
And lastly, on the basis of geographical regions, it is divided as-North America, Europe, the Middle East & Africa, Asia-Pacific and Latin America. Among all these regions, North America dominates the largest share in the medical aesthetic devices market globally. Specifically, the U.S. has the highest number of people accepted the aesthetic changes. This is due to a high affinity for beauty conscious people and presence of the highest number of surgeons and companies. With rising awareness and availability of disposable income, Asia-Pacific and Latin America are showing an increase in the growth rate for the medical aesthetic devices market. Some important companies in the global medical aesthetic devices market are Sientra Inc. (US), Zimmer Inc., (US), GC Aesthetic plc (Ireland), Solta Medical Inc. (US), Syneron Medical Ltd., (US), etc. In 2016, Allergan plc. got an approval from USFDA for BOTOX (onabotulainumtoxin A) is used to treat the lower limb spasticity. In 2016, Merz Aesthetics received USFDA approval for Cellfina system for the treatment of cellulite on thighs and buttocks for females.
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The general use of aesthetic laser technique is to treat skin and hair rejuvenation which includes tattoo removal, hyperpigmentation, and other skin ailments, etc. Due to its non-invasive features of the medical aesthetics procedures, they are in demand and highly preferred among patients. Among all the aesthetics procedures, facial aesthetics are reported to have the highest share in the medical aesthetics devices market. Aesthetic practitioners have different choices for performing the procedure such as flexible and soft needles, cannulas with blunt-tip and pen-injectors, etc. for the minimal invasive process.
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