The global medical aesthetic devices market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising prevalence of alternative beauty and cosmetic products.
Medical aesthetic devices are medical instruments designed to improve the appearance of an individual. These include lasers, skin tightening, body contouring, and wrinkle-reducing devices. They assist in the removal of unwanted fat or wrinkles on various parts of the body such as abdomen and neck. A steady increase in consumer awareness about these products has resulted in demand for minimally invasive surgical procedures that require little recovery time for patients.
The report on the medical 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 |
Details |
Report Title |
Medical Aesthetic Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Device Types (Energy-based Aesthetic Devices [Laser-based Aesthetic Devices, Radiofrequency (RF)-based Aesthetic Devices, Light-based Aesthetic Devices, and Ultrasound Aesthetic Devices], Non-energy-based Aesthetic Devices [Botulinum Toxin, Dermal Fillers, Aesthetic Threads, Microdermabrasion and Implants {Facial Implants, Breast Implants and Others}], and Others), and Applications (Skin Resurfacing and Tightening, Body Contouring and Cellulite Reduction, Hair Removal, Facial Aesthetic Procedures, Breast Augmentation, and Others), End-users (Hospitals, Clinics and Home Settings) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Alma Lasers Ltd (Sisram Med),; Abbvie Inc.(Allergan PLC),;Syneron Medical Ltd,; Bausch Health Companies Inc. (Solta Medical Inc.),; Cutera Inc.,; El. En. (Asclepion Laser Technologies),; Lumenis Inc., and Sciton Inc. |
Based on devices types, the market is divided into energy-based aesthetic devices and non-energy-based aesthetic devices. The energy-based aesthetic devices segment is further classified as laser-based aesthetic devices, radiofrequency (RF)-based aesthetic devices, light-based aesthetic devices, and ultrasound aesthetic devices. The non-energy-based aesthetic devices segment is further segmented into botulin toxin, dermal fillers, aesthetic threads, microdermabrasion and Implants. The Implants devices segment is divided into facial implants, breast implants, and others. The laser-based aesthetic devices sub-segment is growing at a rapid rate owing to the expansion in the occurrence of skin and aging issues across the world. This is estimated to expand the market segment growth during the forecast period due to the rising adoption rate among clinics.
In terms of applications, the medical aesthetic devices market is divided into skin resurfacing and tightening, body contouring and cellulite reduction, hair removal, facial aesthetic procedures, breast augmentation and others. The breast augmentation segment is expected to account for a key share of the market due to an increasing awareness about the breast implants.
Base on end-users, the medical aesthetic devices market is categorized as hospitals, clinics, and home settings. The clinics segment is expected to constitute a key share of the market during the projected period. Rising utility of medical aesthetic procedures in clinics due to increasing number of doctors opening their own clinics.
In terms of regions, the global market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is projected to account for a large market share due to increasing number of obese population. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to rapid development in healthcare infrastructure.
Key players competing in the medical aesthetic devices market are Alma Lasers Ltd (Sisram Med); Abbvie Inc.(Allergan PLC),;Syneron Medical Ltd,; Bausch Health Companies Inc. (Solta Medical Inc.),; Cutera Inc.,; El. En. (Asclepion Laser Technologies; Lumenis Inc., and Sciton Inc.
Key players competing in the medical aesthetic devices market are Alma Lasers Ltd (Sisram Med); Abbvie Inc.(Allergan PLC),;Syneron Medical Ltd,; Bausch Health Companies Inc. (Solta Medical Inc.),; Cutera Inc.,; El. En. (Asclepion Laser Technologies; Lumenis Inc., and Sciton Inc.
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