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Medical Aesthetics Market - How the Market Will Witness Substantial Growth in the Upcoming Years

Medical Aesthetics Market by Product (Implants (Face, Breast, Soft Tissue), Body Contouring (Liposuction, Cellulite Reduction Devices), Aesthetic Products (Botulinum Toxin, Dermal Fillers) Lasers & Energy Devices (Hair, Tattoo, Laser Skin Resurfacing, Micro Needling), End Users (Dermatology Clinics, Cosmetic Centers, Hospitals)


New York, NY -- (SBWIRE) -- 04/03/2019 -- Market Industry Reports (MIR) has published a new report titled "Medical Aesthetics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global medical aesthetics market is estimated to be over US$ 9.0 Bn in 2017. It is anticipated to grow at a double digit CAGR from 2019 to 2030.

The continual growth of the medical aesthetic market can be attributed to several factors which have led to wide scale adoption of products and several devices, which are extensively used to improve physical appearance of patients. Moreover, the growing demand for cosmetic procedures and therapies across the globe is anticipated to further contribute to the substantial growth of the global medical aesthetic market between 2019 and 2030.To obtain better insights regarding the market scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. The Anglia Ruskin University, based in England, has entered into an agreement with Allergen Inc., a medical aesthetic company, to develop educational program for practicing physicians in the Asia Pacific region on facial aesthetics.

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Market Segmentation:

-By Key Players: Cutera, Inc., Cynosure (Hologic ), Alma Lasers, Ltd. (Fosun Pharmaceutical Co., Ltd.), Galderma, Mentor Worldwide LLC (Johnson & Johnson), Syneron Medical Ltd., Merz Pharma GmbH & Co. KGaA., Solta Medical, Inc., Lumenis Ltd., and El.En. S.P.A, among others.

-By Types: Implants (Face, Breast, Soft Tissue), Body Contouring (Liposuction, Cellulite Reduction Devices), Aesthetic Products (Botulinum Toxin, Dermal Fillers) Lasers & Energy Devices (Hair, Tattoo, Laser Skin Resurfacing, Micro Needling

-By Application: Dermatology Clinics, Cosmetic Centers, Hospitals

Market Scenario:
Increasing Adoption of Minimally-Invasive Procedures
Since the advent of minimally-invasive procedures, the adoption of such procedures have witnessed substantial growth in recent times. Shorter hospital admittance time, lesser procedure associated pain and fewer complications have been pivotal in contributing to the growing adoption of minimally-invasive procedures. According to the American Society of Plastic Surgeons (ASPS), the numbers of Americans opting for minimally-invasive cosmetic procedures have witnessed a growth of nearly 200% since 2000. In 2017, the total number of cosmetic procedures performed in U.S. was nearly 1.8 million. Growing preference for minimally-invasive cosmetic procedures in anticipated to further propel the growth of the medical aesthetic market.
Complications And Risk Related Associated with Cosmetic Procedures to Restrain the Market
Various complications and risk related to cosmetic procedures have been major factors that have been affecting the growth of the medical aesthetic industry inversely. Several complications such as nerve damage, infections, seroma and pulmonary embolism are known to cause serious adverse and side effects as a result of different cosmetic or aesthetic procedures. Similarly, patients have reported granulomas, and infections as long-term adverse effects caused as a result of cosmetic procedures.

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This report provides:
1.An in-depth overview of the global market for Medical Aesthetics.
2.Assessment of the global industry trends, historical data from 2011, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
3.Discoveries of new market prospects and targeted marketing methodologies for Global Medical Aesthetics Market.
4.Wide-ranging company profiles of leading participants in the industry.
5.The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
6.Study the market in terms of the generic and premium product revenue.
7.Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.

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