"Global Aesthetic Medical Devices Market: Trends, Analysis, and Outlook"


Posted February 7, 2024 by supriyamaximize

Aesthetic Medical Devices Market size was valued at USD 18.97 Billion in 2022 and the total Aesthetic Medical Devices revenue is expected to grow at a CAGR of 12.8% from 2023 to 2029, reaching nearly USD 44.08 Billion.
 
Aesthetic Medical Devices Market Overview:

Global Aesthetic Medical Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market's leading elements. This research approach was used to investigate the global Aesthetic Medical Devices market, and the results were logically presented in this report.

Market Scope:

Global Aesthetic Medical Devices Market 2024 research report 2030 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors' product offers.

The qualitative and quantitative data provided in the Aesthetic Medical Devices market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Aesthetic Medical Devices market.

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Drivers:

Trends:

High Demand for PRP Treatments: Platelet-Rich Plasma (PRP) treatments are popular for face rejuvenation, acne scarring, and hair loss, offering natural and allergy-free solutions.

Non-surgical Fat Reduction: Non-surgical body contouring treatments are preferred for their minimal downtime and effective results.

Competitive Landscape:

The market is highly fragmented, with both domestic and global players competing fiercely.

Companies resort to mergers, acquisitions, and strategic collaborations to maintain their market position and expand their product portfolios.

Market Dynamics:

Increasing Minimally Invasive Procedures: The rising number of minimally invasive and noninvasive aesthetic surgeries is a primary growth driver, fueled by factors like social awareness, rising disposable income, and technological advancements.

High Cost of Devices: The high cost of aesthetic medical devices and treatments poses a challenge for market growth, especially considering the increasing demand and the need for affordability.

Segmentation:

In terms of product, the global market for aesthetic medical devices in 2022 saw the greatest revenue share of 33.4% belong to the facial aesthetic devices category. During the projection period, the segment is anticipated to develop at a compound annual growth rate (CAGR) of 11.8%, presenting a great growth potential for leading market participants. Every year, more and more minimally invasive facial aesthetic operations are carried out over the globe. Over 8.5 million nonsurgical injection treatments were carried out worldwide in 2017, an almost 850 000 increase from 2015. Therefore, it is anticipated that throughout the projection period, segment growth will be boosted by the rise in facial cosmetic operations and treatments.

By 2029, the market for cosmetic medical devices is anticipated to be dominated by the Botulinum toxin subsegment, which currently has the biggest market share. Botulinum toxin is a neurotoxic protein that is produced by the bacteria Clostridium botulinum. It is well known that injections of botulinum toxin block nerve signals to the targeted muscle. Because the muscle or tissue cannot join without a signal, it lessens the appearance of unneeded wrinkles on the face.

by Product

1. Facial Aesthetic Devices
1. Botulinum toxin
2. Derma Fillers
3. Microdermabrasion products
4. Chemical peels
2. Cosmetic Implants
1. Breast implants
2. Gluteal implants
3. Facial implants
3.Skin Aesthetic Devices
1. Nonsurgical skin tightening devices
2. Laser skin resurfacing devices
3. Microneedling products
4. Light therapy devices
4. Body Contouring Devices
1. Nonsurgical fat reduction devices
2. Cellulite reduction devices
3. Liposuction devices
5. Physician-Dispensed Cosmeceuticals & Skin Lighteners
6. Hair Removal Devices
1. LASER hair removal devices
2. IPL hair removal devices
7. Tattoo Removal Devices
8. Thread Lift Products
9. Physician-Dispensed Eyelash Products
10. Nail Treatment laser Devices

by Technology

1. Radiofrequency technology
2. Microcurrent Technology
3. Ultrasound Technology
4. Laser Technology
5. Plasma Therapy

by End User

1. Clinics, Hospitals, And Medical Spas
2. Beauty Centers
3. Home Care Settings
4. Others

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Key Players:

1. Mentor Worldwide LLC (Johnson & Johnson) (U.S.)
2. Syneron Medical Ltd. (Candela Corporation) (U.S.)
3. Sciton, Inc. (U.S.)
4. Fotona (U.S.)
5. Solta Medical (Valeant Pharmaceuticals) (U.S.)
6. BTL INDUSTRIES, Inc. (U.S.)
7. Genesis Biosystems, Inc. (U.S.)
8. Implantech (U.S.)
9. Galderma (Switzerland)
10. Cutera Inc. (U.S.)
11. Venus Concept (Canada)
12. Lutronic (U.S.)
13. Sientra Inc. (California)
14. Aesthetic Management Partners (U.S.)
15. Cartessa Aesthetic (U.S.)
16. Apyx Medical (U.S.)
17. Zimmer Biomet (U.S.)
18. Implantech (U.S.)
19. GALDERMA Laboratories (U.S.)
20. Candela Corporation (U.S.)
21. Cynosure (U.S.)
22. Viora (New York)
23. Alma Lasers (Fosun Pharmaceutical Co., Ltd.) (Chicago)

The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Aesthetic Medical Devices market to know the competition at both the domestic and global levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.

In additional Aesthetic Medical Devices Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.

Regional Analysis:

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Aesthetic Medical Devices market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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COVID-19 Impact Analysis on Aesthetic Medical Devices Market:

COVID-19 has a thorough impact on the Aesthetic Medical Devices market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the paper presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Aesthetic Medical Devices market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.

Key Questions answered in the Aesthetic Medical Devices Market Report are:

Which product segment grabbed the largest share in the Aesthetic Medical Devices market?
How is the competitive scenario of the Aesthetic Medical Devices market?
Which are the key factors aiding the Aesthetic Medical Devices market growth?
Which region holds the maximum share in the Aesthetic Medical Devices market?
What will be the CAGR of the Aesthetic Medical Devices market during the forecast period?
Which application segment emerged as the leading segment in the Aesthetic Medical Devices market?
Which are the prominent players in the Aesthetic Medical Devices market?
What key trends are likely to emerge in the Aesthetic Medical Devices market in the coming years?
What will be the Aesthetic Medical Devices market size by 2030?
Which company held the largest share in the Aesthetic Medical Devices market?
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Business Address 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India
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Categories Technology
Tags what_is_aesthetic medical devices_market aesthetic medical devices_market_growth aesthetic medical devices_market global_aesthetic medical devices_mar
Last Updated February 7, 2024