Surgical procedures segment is estimated to witness 10.2% CAGR over the analysis period owing to the increasing number of surgeries being performed worldwide. Demand for procedures such as rhinoplasty and blepharoplasty is increasing among the young population base aged 18 years and above. As per the American Society of Plastic Surgeons, over 31,000 nose shaping procedures such as rhinoplasty were performed in the U.S. in 2016. Increasing adoption of such procedures will further augment the segmental growth.
Selbyville, DE -- (SBWIRE) -- 01/22/2019 -- MarketStudyReport.com offers 2018 report on global Aesthetic Medicine market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.
U.S. aesthetic medicine market accounted for USD 3.5 billion in 2017 owing to the availability of advanced healthcare infrastructure and technological advancements in the region. Increasing awareness regarding aesthetic procedures coupled with high healthcare expenditure will further stimulate the regional growth. Moreover, presence of key industry players leading to development of innovative products will be another key driver that will boost the regional growth in the foreseeable future.
Some of the notable players operating in global aesthetic medicine market include Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson & Johnson, Merz Aesthetics, PhotoMedex, Syneron Medical, Valeant International and Zeltiq Aesthetics. Key industry players primarily focus on strategic partnerships, acquisitions, mergers and new product launch to diversify product portfolio and capitalize on market opportunities.
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Growing geriatric population base coupled with rising awareness regarding aesthetic procedures will accelerate the global aesthetic medicine market growth. Technological developments such as availability of non-invasive fat reduction techniques and liquid facelift procedures for skin rejuvenation will increase the adoption of such procedures. Increasing investment in R&D and focus of industry players on developing newer technologies will fuel the demand for aesthetic procedures thereby fostering the industry growth. However, high cost of aesthetic procedures may hamper the market growth in coming years. Lack of reimbursement and stringent regulations may further impede the aesthetic medicine market growth.
Surgical procedures segment is estimated to witness 10.2% CAGR over the analysis period owing to the increasing number of surgeries being performed worldwide. Demand for procedures such as rhinoplasty and blepharoplasty is increasing among the young population base aged 18 years and above. As per the American Society of Plastic Surgeons, over 31,000 nose shaping procedures such as rhinoplasty were performed in the U.S. in 2016. Increasing adoption of such procedures will further augment the segmental growth.
Breast aesthetics segment accounted for more than 12% revenue share in the global aesthetic medicine market in 2017. Increasing concern regarding breast aesthetics among the female population will drive the segmental growth. Availability of technologically developed products such as ideal implants, that combine the advantages of silicone and saline implants will increase the demand for such products. Furthermore, high demand for breast augmentation procedures among women aged 25 years and above will boost the segmental growth during the forthcoming years.
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Beauty centers and medical spas segment will show robust 11.2% CAGR during the forecast period due to increasing awareness regarding aesthetic procedures. Availability of various non-surgical procedures that can be performed in these centers will spur the segmental growth. Growing demand for non-invasive skin rejuvenation procedures such as skin resurfacing, chemical peels and microdermabrasion will further drive the segmental growth.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Aesthetic Medicine Industry Insights
Chapter 4. Aesthetic Medicine Market, By Type
Chapter 5. Aesthetic Medicine Market, By Product
Chapter 6. Aesthetic Medicine Market, By Gender
Chapter 7. Aesthetic Medicine Market, By End-use
Chapter 8. Aesthetic Medicine Market, By Region
More Details on this Report At: https://www.marketstudyreport.com/reports/aesthetic-medicine-market
Related Report:
Global Aesthetic Medicine Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
This report studies the Aesthetic Medicine market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Aesthetic Medicine market by product type and applications/end industries. Aesthetic Medicines and cosmetic surgery is a developing clinical subspecialty and field in scientific research which comprises all kind of medical procedures whose purpose is to improve the physical appearance and satisfaction of the patient including all non-invasive and minimally invasive cosmetic procedures.
https://www.marketstudyreport.com/reports/global-aesthetic-medicine-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023/?utm_source=RW-VL
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