Global Medical Aesthetic Market is anticipated to rise at a value CAGR of 10.3% over 2019-2028. According to a study published by Insure Insights on the Global Medical Aesthetic Market. Aesthetic medicine is being used to improve overall appearance in the body and to treat skin conditions like scars, skin laxity, wrinkles, moles, liver spots, pigmentation, acne excess fat, spider veins, cellulite, unwanted hair, and skin discoloration. The increase in awareness among the individual about medical aesthetics treatment have driven the market growth

Top Driver: The increased demand for minimally invasive procedures is driving the growth

The rise in the technological development in medical aesthetics has led to the development of minimally invasive and non-invasive aesthetic procedures and thus have primarily driven the demand of the market; these procedures are less painful. The rise in the disposable income among the consumers and an increase in the awareness to look pleasant and appealing has further boosted the growth of the market. The rise in skin disorders like acne, pigmentation wrinkles vitiligo has further promoted market growth. The rise in the geriatric population around the globe have escalated the overall growth

Facial Aesthetics has dominated growth in the Global Medical Aesthetic Market

Based on the Product, Facial Aesthetics segment have obtained the highest growth due to an increase in the demand among the individual to look pleasant and appealing have enhanced segmental growth. The increase in the number of Facial skin disorders like, wrinkles acne pigmentation, vitiligo has highly contributed to the market growth and thus have improved patient demand for facial aesthetic treatments. The rise in the disposable income among the consumers and the growth in the geriatric population have further contributed to the segmental growth.

In terms of the End User, Hospital segment have obtained the most remarkable growth owing to better healthcare facilities, improved healthcare infrastructure, availability of skilled physicians, and technologically advanced devices etc. Clinics have also obtained a significant growth due to the adoption of new technologies in the clinics.

North America boosts the regional market due to the Technological advances in

North America has held the highest market growth owing to the technological advancements and better-advanced healthcare infrastructure of the region, Moreover, the availability of board-certified and skilled cosmetic surgeons in the region are the primary factors driving the market growth. The rise in skin disorders and an increase in the demand to look pleasing and appealing have escalated the overall market growth. The rise in medical tourism in the region and growth the geriatric population have significantly influenced the market growth.

Product launches, New innovations, Strategic Collaborations, Mergers, and Acquisition, are the major strategies of the competitors

The Players of the Global Medical Aesthetic Market is fragmented. Product launches, Product launches, New innovations, Collaborations, Mergers, and Acquisition, are strategies used by the competitors   The key competitors of the Global Medical Aesthetic Market are Alma Lasers, Allergan, Bausch Health Companies Inc., Lumenis Ltd, Shanghai Fosun Pharmaceutical Group Co. Ltd., Cynosure, Syneron Medical Ltd, Aerolase Corp., A.R.C. Laser Gmbh, and Asclepion Laser Technologies Gmbh

Alma Lasers: Alma Lasers, is one of the key competitors of the Global Medical Aesthetic Market; for instance, In February 2019, Alma Lasers had announced the launch of hair removal Laser Device known as Soprano Titanium, it was designed with the new Quattro 3D applicator hand piece, it has a spot size of 4cm, and sends three laser wavelengths of 755 nm, 810 nm, and 1064 nm, it was designed to treat all skin types

Lumenis Ltd:  Lumenis Ltd. is a popular competitor in the Global Medical Aesthetic Market. In January 2020, Lumenis Ltd had announced the launch of LightSheer Quattro; it is proved laser hair removal treatments, suite for all skin types, with the laser wavelengths of either 805nm or 1060nm wavelengths with no down time. It was designed also for treating of pigmented and vascular lesions.

Scope of the Report

By Product

• Facial Aesthetic Products
• Cosmetic Implants
• Body Contouring Devices
• Others

By End User

• Hospitals
• Clinics
• Others

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.