Report Description
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.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing development of minimally non-invasive and invasive aesthetic procedures is expected to boost the medical aesthetic devices market.
- Rising demand from hospitals owing to developing wellbeing consciousness among patients who require more long-lasting solutions than cosmetics products alone for age spots, facial lines, or scars are fueling the market growth.
- Growing awareness of aesthetic procedures is estimated to accelerate the growth of the market.
- Complications and clinical risks connected with medical aesthetic procedures can restrain the growth of the market.
- The demand for medical aesthetic devices in emerging countries is increasing owing to rapid growth in medical tourism and growing awareness about aesthetic specialties, which is estimated to foster the market growth.
Scope of Medical Aesthetic Devices Market Report
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
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Details
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Report Title
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Medical Aesthetic Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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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)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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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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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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Medical Aesthetic Devices Market Segment Insights
Non-energy-based aesthetic devices segment is expected to grow at a rapid pace
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.
Breast augmentation segment is projected to expand at a considerable CAGR
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.
Clinics segment is anticipated to constitute a key market share
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.
North America is anticipated to constitute a large market share
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.
Segments
Type of Devices
- Energy-based Aesthetic Devices
- Laser-based Aesthetic Devices
- Radiofrequency (RF)-based Aesthetic Devices
- Light-based Aesthetic Devices
- Ultrasound Aesthetic Devices
- Non-energy-based Aesthetic Device
- Botulinum Toxin
- Dermal Fillers and Aesthetic Threads
- Microdermabrasion
- Implants
- Facial Implants
- Breast Implants
- Others
Applications
- Skin Resurfacing and Tightening
- Body Contouring and Cellulite Reduction
- Hair Removal
- Facial Aesthetic Procedures
- Breast Augmentation
- Others
End Users
- Hospitals
- Clinics
- Home Settings
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Alma Lasers Ltd (Sisram Med)
- Abbvie Inc.(Allergan PLC)
- Syneron Medical Ltd.
- Bausch Health Companies Inc. (Solta Medical Inc.)
- Cutera Inc.
- Johnson & Johnson
- Lumenis Inc.
- Sciton Inc.
Competitive Landscape
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.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Aesthetic Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Aesthetic Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Aesthetic Devices Market - Supply Chain
4.5. Global Medical Aesthetic Devices Market Forecast
4.5.1. Medical Aesthetic Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Aesthetic Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Medical Aesthetic Devices Market Absolute $ Opportunity
5. Global Medical Aesthetic Devices Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Medical Aesthetic Devices Market Size and Volume Forecast by Applications
5.3.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Medical Aesthetic Devices Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Medical Aesthetic Devices Market Size and Volume Forecast by End Users
6.3.1. Hospitals
Clinics
Home Settings
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Medical Aesthetic Devices Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Medical Aesthetic Devices Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Medical Aesthetic Devices Demand Share Forecast, 2019-2026
8. North America Medical Aesthetic Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Medical Aesthetic Devices Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Medical Aesthetic Devices Market Size and Volume Forecast by Applications
8.4.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Medical Aesthetic Devices Market Size and Volume Forecast by End Users
8.7.1. Hospitals
Clinics
Home Settings
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Medical Aesthetic Devices Demand Share Forecast, 2019-2026
9. Latin America Medical Aesthetic Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Medical Aesthetic Devices Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Medical Aesthetic Devices Market Size and Volume Forecast by Applications
9.4.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Medical Aesthetic Devices Market Size and Volume Forecast by End Users
9.7.1. Hospitals
Clinics
Home Settings
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Medical Aesthetic Devices Demand Share Forecast, 2019-2026
10. Europe Medical Aesthetic Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Medical Aesthetic Devices Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Medical Aesthetic Devices Market Size and Volume Forecast by Applications
10.4.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Medical Aesthetic Devices Market Size and Volume Forecast by End Users
10.7.1. Hospitals
Clinics
Home Settings
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Medical Aesthetic Devices Demand Share Forecast, 2019-2026
11. Asia Pacific Medical Aesthetic Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Medical Aesthetic Devices Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Medical Aesthetic Devices Market Size and Volume Forecast by Applications
11.4.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Medical Aesthetic Devices Market Size and Volume Forecast by End Users
11.7.1. Hospitals
Clinics
Home Settings
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Medical Aesthetic Devices Demand Share Forecast, 2019-2026
12. Middle East & Africa Medical Aesthetic Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Medical Aesthetic Devices Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Medical Aesthetic Devices Market Size and Volume Forecast by Applications
12.4.1. Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Hair Removal
Facial Aesthetic Procedures
Breast Augmentation
Others
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Medical Aesthetic Devices Market Size and Volume Forecast by End Users
12.7.1. Hospitals
Clinics
Home Settings
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Medical Aesthetic Devices Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Medical Aesthetic Devices Market: Market Share Analysis
13.2. Medical Aesthetic Devices Distributors and Customers
13.3. Medical Aesthetic Devices Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Alma Lasers Ltd (Sisram Med)
Abbvie Inc.(Allergan PLC)
Syneron Medical Ltd.
Bausch Health Companies Inc. (Solta Medical Inc.)
Cutera Inc.
Johnson & Johnson