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The global medical aesthetics market is projected to reach USD 15.8 billion by 2028 from USD 9.2 billion in 2020, at a CAGR of 10.83%.
Global Industrial aspects of Medical Aesthetics Market 2019-2028: The Medical Aesthetics Market report considers the major factors accountable for driving the growth of the Medical Aesthetics Industry, in addition to the key hindrances and challenges. In the initial segment of the report, the market definition, market overview, product description, product scope, product characterization, and product specification has been discussed. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions... Moreover, the study offers an analysis of the latest events such as the technological advancements and the product launches and their consequences on the global Medical Aesthetics market. The global market also comprises the data accumulated from numerous primary and secondary sources.
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Report Scope
Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The Major Key Market Players Covered in this Report: Allergan-AbbVie (US), Alma Lasers, Ltd. (Israel), Anika Therapeutics (US), Cutera, Inc. (US), Cynosure (US), El.En. S.p.A. (Italy), Fotona d.o.o. (Slovenia), Galderma (Switzerland), Johnson & Johnson (US), Merz Pharma GmbH & Co. KGaA (Germany), Medytox, Inc. (South Korea), Sientra, Inc. (US), Sinclair Pharma PLC (UK), Syneron Medical, Ltd. (US), and Baush Haealth (US) & More.
Industry Development:
Allergan plc is an American, Irish-domiciled pharmaceutical company that acquires, develops, manufactures and markets brand name drugs and medical devices in the areas of medical aesthetics, eye care, central nervous system, and gastroenterology
Johnson & Johnson (J&J) was founded in It researches, develops, manufactures, and sells pharmaceutical products, medical devices and consumer products.
Market Overview:
Medical aesthetics devices are a type of cosmetic treatment that enhances the appearance of patients by treating issues such as acne, unwanted hair, wrinkles, sunspots, and others. The advantages include improved looks, improved health, rapid and long-term results, higher self-esteem, and others.
Drivers
According to data from the International Society of Aesthetic Plastic Surgery (ISAPS), there has been a 5.4% growth in cosmetics and plastic products. The previous decade saw a rapid increase in the popularity of medical aesthetic operations. The demand is increasing at a rapid pace as the number of service providers, such as doctors and surgeons, choose invasive and noninvasive aesthetic operations over traditional approaches. These procedures have a number of advantages, including inflicting less discomfort, scarring less, and promising a faster healing rate. Furthermore, these techniques are more cost effective in comparison.
Technology Evaluation
The medical aesthetics market expansion is being driven by growing economies such as Brazil, Mexico, and China, among others, who are capitalising on tremendous chances. The demand in these nations, as well as in India, is increasing due to reasons such as increased knowledge of medical tourism and the growth of the adult population over the age of 20. Furthermore, the number of doctors and surgeons is expanding on a massive scale, coinciding with a significant growth in people's disposable income and purchasing power.
Medical Aesthetics Market Segment Analysis:
Medical Aesthetics Market by Type, 2019-2028, (IN USD Million)
Facial Aesthetic Products
Body Contouring Devices
Cosmetic Implants
Hair Removal Devices
Skin Aesthetic Devices
Thread Lift Products
Physician-Dispensed Cosmeceuticals And Skin Lighteners
Physician-Dispensed Eyelash Products
Nail Treatment Laser Devices
Medical Aesthetics Market by End User, 2019-2028, (IN USD Million)
Clinics
Hospitals
Medical Spas
Beauty Centres
Home Care
Results of the recent scientific undertakings towards the development of new Medical Aesthetics Market have been studied. Nevertheless, the factors affecting the leading industry players to adopt synthetic sourcing of the market products have also been studied in this statistical surveying report. The conclusions provided in this report are of great value for the leading industry players.
Global Medical Aesthetics Market: Regional Segmentation:-
On the basis of geography, the global market for Medical Aesthetics has been segmented into:
North America (US, Canada)
Europe (Germany, France, UK, Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe)
Asia-Pacific (South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC)
Latin America (Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America)
Middle East and Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA)
The information enclosed in this report is based upon both primary and secondary research methodologies. Primary research methodology includes the interaction with service providers, suppliers, and industry professionals. Secondary research methodology includes a meticulous search of pertinent publications like company annual reports, financial reports, and exclusive databases.
Highlights the following Key Factors:
✍ Business description – A detailed description of the company's operations and business divisions.
✍ Corporate strategy – Analyst's summarization of the company's business strategy.
✍ SWOT Analysis – A detailed analysis of the company's strengths, weakness, opportunities and threats.
✍ Company history – Progression of key events associated with the company.
✍ Major products and services – A list of major products, services and brands of the company.
✍ Key competitors – A list of key competitors to the company.
✍ Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
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