The Aesthetic Medicine Market crossed US$ 117.22 billion mark in 2022 and is expected to hit US$ 402.44 billion by 2030, recording a CAGR of 16.7% during the forecast period.
According to the American Society of Plastic Surgeons 2022 report, older men and women choose to undergo cosmetic procedures for safety and minimal complications. For records, among the US population, numerous men and women aged 65 years and older opt for cosmetic enhancement procedures. Additionally, elderly patients undergo more facial procedures as compared to the younger population, accounting for almost 62.9% to 12%, respectively. The Report Aesthetic Medicine Market study by “Business Market Insights” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
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Kay Players:
o Cynosure
o Evolus, Inc.
o REVANCE AESTHETICS
o Lumenis Be Ltd.
o Solta Medical
o Candela Corporation
o Alma Lasers
o GALDERMA
o Merz Pharma
o LUTRONIC
Recent strategic developments in aesthetic medicine market
The aesthetic medicine market has undergone several significant developments, and a few of these have been mentioned below:
• In June 2022, Cynosure announced launching a new product, the “PicoSure Pro device,” the company’s best-in-class PicoSure system. The newly launched product is the first and only FDA-cleared 755nm picosecond laser on the market, involved in delivering energy in a trillionth of a second, utilizing pressure instead of heat to offer the same effective treatment for unwanted pigmentation and skin revitalization for all skin types.
• In September 2020, Lumenis Ltd. announced the launching of the largest energy-based medical company announced the launching of a new product, namely, ” NuEra Tight with FocalRF technology.” the newly launched product is intended for a personalized solution for fat reduction, skin tightening, cellulite, and wrinkle reduction all in one device.
Target audience for the report:
• Aesthetic medicine service providers
• Aesthetic medicine related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and start-up companies
• End users of Aesthetic medicine
• Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
• Procedure:
o Invasive Procedure
Breast Augmentation
Nose Reshaping
Eyelid Surgery
Others
o Non-invasive Procedure:
Botox Injections
Soft Tissue Fillers
Chemical Peel
Others
• Gender
o Male
o Female
• End User:
o Clinics, Hospitals, and Medical Spas
o Beauty Centers
o Home Care
• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa
The report segments the Aesthetic Medicine Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Aesthetic Medicine Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
The report provides the current market size for Aesthetic Medicine, defines trends and presents growth forecasts for nine years from 2022 to 2030. 2022 is considered as the base year, and 2022 to 2030 is forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Aesthetic Medicine Market for all the regions globally.
The scope of the Aesthetic Medicine Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Aesthetic Medicine. The study also provides market insights and analysis of the Aesthetic Medicine, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.
The global Aesthetic Medicine Market is segmented based on deployment, component, solution, application, and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.
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Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Aesthetic Medicine Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation.
Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Aesthetic Medicine Market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Aesthetic Medicine Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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