New York, NY -- (SBWIRE) -- 12/19/2017 -- The global aesthetics combination therapy market was valued at US$ 1.97 Bn in 2016, and a new report from Persistence Market Research anticipates it to reach US$ 3.69 Bn by 2024. The market is projected to grow at a CAGR of 8.1% during the period 2016-2024.
North America and Europe continue to be the largest markets for aesthetics combination therapy market. North America, the largest market by revenue, accounted for 37% value share in 2016; Persistence Market Research expects it to hold 41.3% revenue share by 2024. In terms of revenues, this will represent a US$ 1.52 billion opportunity. The U.S. will continue to dominate the North America aesthetics combination therapy market.
The aesthetics combination therapy market in Europe is anticipated to reach US$ 505.7 million by the end of 2017. Italy will continue to be the largest market for aesthetic combination therapy, closely followed by France. It is projected that the market in France will witness the second-highest CAGR during the forecast period.
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The global Aesthetics Combination Therapy Market is segmented on the basis of therapy, application, end user and region.
Currently, BTx-A/dermal filler is the sought-after therapy type, accounting for US$ 547.7 Mn in revenues in 2016. This segment is projected to grow at 10.9% CAGR through 2024. BTx-A/laser – the second largest segment in terms of revenues – is projected to grow at 6.6% CAGR.
Scar removal remains the largest application segment for aesthetic combination therapy market. Accounting for 28.2% revenue share of the market in 2016, this segment is projected to remain dominant during the period 2016-2024. Skin resurfacing is the second-largest segment in terms of revenue. Demand for aesthetics combination therapy is expected to witness strong growth in hair removal procedure. Tattoo removal remains the other key application segment.
By end-use, the global aesthetics combination therapy market has been segmented into hospitals, ambulatory surgical centers, and dermatology clinics. Dermatology clinics currently have a slight lead over hospitals and ambulatory surgical centers in terms of revenue; however, during the period 2016-2024, this segment will extend its lead over ambulatory surgical centers and dermatology clinics. Dermatology clinics revenue is anticipated to grow at 10.7% CAGR.
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Summary of Table of Content
1. Executive Summary
2. Market Introduction
3. Global Aesthetics Combination Therapy Market Analysis Scenario
4. Market Dynamics
5. Global Aesthetics Combination Therapy Market Analysis and Forecasts, By Therapy Type
6. Global Aesthetics Combination Therapy Market Analysis and Forecasts, By Application
7. Global Aesthetics Combination Therapy Market Analysis and Forecasts, By End Use
8. Global Aesthetics Combination Therapy Market Analysis and Forecasts, By Region
9. North America Aesthetics Combination Therapy Market Analysis and Forecast
10. Latin America Aesthetics Combination Therapy Market Analysis and Forecast
11. Europe Aesthetics Combination Therapy Market Analysis and Forecast
12. APAC Aesthetics Combination Therapy Market Analysis and Forecast
13. MEA Aesthetics Combination Therapy Market Analysis and Forecast
14. Competition Landscape
15. Assumptions and Acronyms Used
16. Research Methodology
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