Medical Aesthetics Market – Strategic Acquisitions and Collaborations among Industry Players to Spur Growth, Trend, Size, Share, Revenue, Drivers, Value and Volume Analysis 2030

In a recently published report, Medical Aesthetics Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Aesthetics Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Medical Aesthetics Market is valued approximately USD 9.42 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 10.6% over the forecast period 2018-2025. The growing adoption of noninvasive and minimally invasive aesthetic procedures, increasing public awareness about cosmetic procedures and the availability of technologically advanced & user-friendly products are some major trends that are responsible for the wide adoption of Medical Aesthetics globally.

Global medical aesthetics market is majorly driven by growing adoption of noninvasive and minimally invasive aesthetic procedures globally. As per the International Society of Aesthetic Plastic Survey (ISAPS) in 2017, Japan ranked 3th in list of countries for cosmetic procedures list and approx. 1,137,976 procedures (surgical & non-surgical) procedures were performed in 2017 which accounted for 4.8 % of world-wide percentage of total number of cosmetic procedures. In addition, the International Society of Aesthetic Plastic surgery estimates that, laser tattoo removal accounted for 14,124 procedures, Hair removal accounted for 166,254 procedure and photo rejuvenation accounted for 154,770. Similarly, according to International Society of Aesthetic Plastic surgery, Italy aesthetic non-surgical procedures has been on the constant rise & is one of the leading countries in the European Union.

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According to International Society of Aesthetic Plastic Surgery, the aesthetic non- surgical procedures accounted for 502,469 cases in the year 2016 in Italy. According to International Society of Aesthetic Plastic surgery, the Botulinum toxin accounted for 234,294 procedures, Hyaluronic acid accounted for 250,648 procedures, and

Calcium Hydroxyapatite accounted for 4317 procedures and Poly-L-Lactic acid accounted for 3009 procedures. Thus, rising number of aesthetic procedures shows high adoption of aesthetic laser procedure thereby, supplementing the growth of the medical aesthetics market over the forecast period. However, complications and clinical risks associated with medical aesthetic procedures is a major factor that impede the growth of the medical aesthetics market over the forecast period.

On the basis of segmentation, the medical aesthetics market is segmented into product and end-user. The product segment of global medical aesthetics market is classified into facial aesthetic products, body contouring devices, cosmetic implants, physician-dispensed cosmeceuticals and skin lighteners, skin aesthetic devices, physician-dispensed eyelash products, hair removal devices, tattoo removal devices, thread lift products and nail treatment laser devices of which facial aesthetic products holds the largest share due to increasing consumer spending levels and increasing demand for facial aesthetic treatments. The end-user segment includes clinics, hospitals, and medical S.P.A.S, beauty centers and home care settings of which includes clinics, hospitals, and medical S.P.A.S accounted for the largest market share owing to the high availability of financial and infrastructural resources with hospitals and clinics including the advanced devices to perform aesthetic procedures.

The regional analysis of Medical Aesthetics Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global medical aesthetics market. The major reasons for the dominance of North America are increasing trend of minimally invasive technology along with the high rate of adoption in this region. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific is witnessed owing to growing awareness about aesthetic, growing consumer knowledge and interest along with the rising medical tourism.

The leading market players mainly include-

*Allergan
*Alma Lasers, Ltd.
*Anika Therapeutics, Inc.
*Cutera, Inc.
*Cynosure (A Wholly Owned Subsidiary of Hologic, Inc.)
*Johnson & Johnson
*Merz Aesthetics, Inc
*Medytox, Inc.
*Sientra, Inc.
*Sinclair Pharma PLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:
By Product:
*Facial Aesthetic Products
o Botulinum Toxin
o Dermal Fillers
o Chemical Peels
o Microdermabrasion Devices
*Body Contouring Devices
o Nonsurgical Fat Reduction Devices
o Cellulite Reduction Devices
o Liposuction Devices
*Cosmetic Implants
o Breast Implants
o Facial Implants
o Other Cosmetic Implants
*Physician-Dispensed Cosmeceuticals and Skin Lighteners
*Skin Aesthetic Devices
o Laser Skin Resurfacing Devices
o Nonsurgical Skin Tightening Devices
o Micro-Needling Products
o Light Therapy Devices

*Physician-Dispensed Eyelash Products
*Hair Removal Devices
o Laser Hair Removal Devices
o IPL Hair Removal Devices
*Tattoo Removal Devices
*Thread Lift Products
*Nail Treatment Laser Devices
By End-user:
*Clinics, Hospitals, and Medical S.P.A.s
*Beauty Centres
*Home Care Settings
By Regions:
*North America
o U.S.
o Canada
*Europe
o UK
o Germany
o ROE
*Asia Pacific
o China
o India
o Japan
o ROAPEC
*LAMEA
o Brazil
o Mexico
*ROW
o Middle East & Africa

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Medical Aesthetics Market in Market Study:

*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Venture capitalists
*Value-Added Resellers (VARs)
*Third-party knowledge providers
*Investment bankers
*Investors

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