The United Kingdom aesthetic devices market size was valued at USD 432.19 Million in 2022 and is likely to reach USD 931.72 Million by 2031, expanding at a CAGR of 8.91% during the forecast period, 2023–2031. The growth of the market is attributed to the growing obese population & geriatric populations.
Pain, respiration, blood pressure, blood flow, and heart rate & rhythm are all controlled by anesthesia equipment during surgical procedures. Analgesia, paralysis, amnesia, or unconsciousness are medical conditions in which patients lose feeling or awareness due to the administration of anesthetic.
The COVID-19 pandemic obstructed hospital operations including surgeries and patient visits. The majority of the procedures were postponed, and only most serious surgical issues were dealt in hospitals.
Market Trends, Drivers, Restraints, and Opportunities
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Raising public awareness of cosmetic procedures is projected to boost the market.
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Technological advancements are estimated to fuel the growth of the market.
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Shifting attitude regarding youth and beauty have been mirrored in an increase in demand for aesthetic or cosmetic operations is projected to drive the market.
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Stringent aesthetic procedures safety regulations are expected to hamper the market.
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Lack of reimbursement for surgical procedures can restrain the market.
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Increasing number of surgical operations in the UK is anticipated to boost the market.
Scope of the Report
The report on the United Kingdom (UK) aesthetic devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Aesthetic Devices Market - United Kingdom (UK) Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type of Devices (Energy-based Aesthetic Device, Non-energy Based Aesthetic Devices, and Others), Applications (Skin Resurfacing & Tightening, Body Contouring & Cellulite Reduction, Hair Removal, Tattoo Removal, Breast Augmentation, and Others), and End-users (Hospitals, Clinics, and Home Setting)
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Country Scope
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UK
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Cynosure Inc.; Alma Lasers; Lumenis Inc.; Sciton Inc.; and Syneron Medical Ltd.
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United Kingdom (UK) Aesthetic Devices Market Segment Insights
Energy-based aesthetic device segment is expected to grow at a rapid pace
Based on type of devices, the United Kingdom (UK) aesthetic devices market is divided into energy-based aesthetic devices, non-energy based aesthetic devices, and others. The energy-based aesthetic devices segment is expected to grow at a rapid pace during the forecast period due to increasing use of energy-based aesthetic devices for the removal of unwanted hair, contributing to the significant growth of the medical aesthetics devices market.
Hair removal segment is projected to expand at a considerable CAGR
On the basis of applications, the market is segregated into skin resurfacing & tightening, body contouring & cellulite reduction, hair removal, tattoo removal, breast augmentation, and others. The hair removal segment is projected to expand at a considerable CAGR during the forecast period. People are dealing with unwanted body hair. For more than two decades, such people have relied on a variety of hair removal procedures to assist them deal with this prevalent problem. Thus, growing awareness about such treatments can drive the segment growth.
Hospitals segment to expand at a substantial CAGR
On the basis of end-users, the market is segregated into hospitals, clinics, and home setting. The hospitals segment is anticipated to expand at a substantial CAGR during the forecast period, owing to increase in demand for aesthetic or cosmetic surgeries. The home setting segment is expected to hold a significant share of the market, due to increasing technological advancements.
Segments
The United Kingdom (UK) aesthetic devices market has been segmented on the basis of
Type of Device
- Energy-based Aesthetic Device
- Non-energy Based Aesthetic Device
- Others
Applications
- Skin Resurfacing & Tightening
- Body Contouring & Cellulite Reduction
- Hair Removal
- Tattoo Removal
- Breast Augmentation
- Others
End-users
- Hospitals
- Clinics
- Home Setting
Country
Key Players
Competitive Landscape
Key players competing in the United Kingdom (UK) aesthetic devices market include Cynosure Inc. (Hologic Inc.).; Alma Lasers (Fosun Pharma).; Lumenis Inc.; Sciton Inc.; Syneron Medical Ltd (Syneron Candela).
Some of the key players are constantly implementing several marketing strategies such as merge & acquisitions, capital investments, partnerships, and new product development for aesthetic devices. Cutera, for example, launched Secret RF in 2018, a device designed to effectively remove wrinkles, reduce scars, and rebuild collagen.
In 2017, the Baldan Group, one of Italy's major beauty & aesthetic product makers & distributors, introduced its goods in the UK. The latest T-Shape & HIFU Lab aesthetic solutions are among the company's offerings. Radiofrequency, infrared, and vacuum technologies are combined in the T-Shape. This multi-system produces immediate body contouring effects, making it an excellent fat loss, cellulite reduction, body remodeling, body reshaping, tightening, and lifting solution.