Aesthetic Devices Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis.
Aesthetic Devices Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This global report has reviews about key players in the market, major collaborations, merger, and acquisitions along with trending innovation and business policies. The reliable Aesthetic Devices Market report also mentions CAGR value fluctuations during the forecast period of 2022-2029 for the market.
Global aesthetic devices market is supportive and aims to treat impairment associated with individual aesthetic appearances. Data Bridge Market Research analyses that Global Aesthetic Devices Market will grow at a CAGR of 11.1% during the forecast period of 2022 to 2029.
Global aesthetic devices market is driven by the factors such as, rising geriatric population, increase in the prevalence minimally invasive procedures and growing technological advancements in aesthetic devices which enhance its demand as well as increasing investment in research and development leads to the market growth. Currently, healthcare expenditure has increased across developed and emerging countries that is expected to create a competitive advantage for manufacturers to develop new and innovative aesthetic devices.
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Aesthetic Devices Market Analysis and Insights:
Increasing use of minimally invasive procedures has been shifted as compared to traditional methods for aesthetic and cosmetics surgeries techniques including laser and other energy-based devices. For the use of surgical or non-surgical procedures, specially-designed instruments have been developed for minimally used procedures. These anti-aging devices help in reducing the visual effects of skin aging by revitalizing and tightening the skin, which gives a younger look. Minimally-invasive energy-based treatments for skin tightening, wrinkle reduction, face contouring, and skin rejuvenation have a high demand in the world. However, the high cost associated with the aesthetic surgery procedure and side effects associated with the aesthetic surgery devices are expected to hamper the growth for aesthetic devices market.
Global Aesthetic Devices Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal. The scalability and business expansion of the retail units in the developing countries of various region and partnership with suppliers for safe distribution of machine and drugs products are the major drivers which propelled the demand of the market in the forecast period.
Aesthetic procedures are used for various conditions such as acne, acne scars, wrinkle, dark spots, mole spots, and many other issues. These products can enhance the beauty of the face via reducing facial tanning, discoloration, acne among others. Various facial aesthetic products include dermal fillers, botulinum toxin, microdermabrasion, and chemical peels among others. Moreover, these implants are used to enhance the different parts of the body. Implants include breast implants and facial implants, among others. They are generally made from skin, bone, tissues, metal, plastic, ceramic, and other materials.
Global Aesthetic Devices Market Segmentation:
Global aesthetic device market is categorized into four notable segments which are based on products, raw material, end user, and distribution channel. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Products
- Facial Aesthetic Products
- Body Contouring Devices
- Cosmetic Implants
- Hair Removal Devices
- Skin Aesthetic Devices
Others
On the basis of products, the global aesthetic devices market is segmented into facial aesthetic products, body contouring devices, cosmetic implants, hair removal devices, skin aesthetic devices, and others.
Raw Material
- Polymers
- Metals
Biomaterials
On the basis of raw material, the global aesthetic devices market is segmented into polymers, metals and biomaterials.
End User
- Hospitals
- Dermatology Clinics
- Clinics
- Academic And Private Research Institutes
Others
On the basis of end user, the global aesthetic devices market is segmented into hospitals, dermatology clinics, clinics, academics and private research institutes and others.
Distribution Channel
- Direct Tender
- Retail Sales
Major Players Covered in Aesthetic Devices Market Report:
- Allergan (A Subsidiary of AbbVie Inc.)
- Mentor Worldwide LLC (A SUBSIDIARY OF JOHNSON & JOHNSON SERVICES, INC)
- Shanghai Fosun Pharmaceutical（Group）Co., Ltd
- Bausch Health Companies Inc
- Candela Medical
- Cutera
- Cynosure (A Subsidiary of Hologic Inc.)
- LUTRONIC INC
- BTL
- Medytox
- SharpLight Technologies Inc
- Aerolase Corp
- Suneva Medical
- AirXpanders, Inc.
- Lumenis Be Ltd.
- Venus Concept
- Sientra, Inc
- Merz North America, Inc.
- Quanta System
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Global Aesthetic Devices Market Dynamics
Increasing geriatric population:
The aging population plays a pivotal role in raising the demand for anti-aging energy-based aesthetic devices. Old age is associated with loss of fibrous tissue and reduced vascular and glandular network in the skin layers, which together lead to wrinkles, dryness, pigmentary alteration, and skin sagging. The application of knowledge aesthetic that delays the physical and mental deterioration associated with senescence to the absolute end of life has been reported attracted toward the aesthetic devices among geriatric population.
The rising facial aging in skin or within underlying fat and connective tissue, dermal elastosis of the skin, lipodystrophy of the neck, and laxity of the facial ligaments all contribute to the stigmata of the aging face care and concern to appearances that have forward way towards the use of minimally invasive procedures. Increasing need for non-invasive energy-based treatments for skin tightening, wrinkle reduction, face contouring, and skin rejuvenation are the factors responsible for increasing use among geriatric population. Anti-aging devices help in reducing the visual effects of skin aging by revitalizing and tightening the skin, which gives a younger look, which is why these are being increasingly used by the elderly. Thus, the increasing rate of the geriatric population is expected to drive the growth of the global aesthetic devices market growth.
Technological advancements in aesthetic devices
The contribution of technological advancements in healthcare and clinical services is being taken out of the confines and made it more accessible. Advanced innovative technologies have improved aesthetic treatment for skin and other body parts wherever necessary. Increasing interest has been shown to laser and light based. CO2 and erbium YAG laser systems have been found of great advantage over conventional techniques for skin rejuvenation therapies through resurfacing techniques and other ablative energy based devices.
Ablative therapies are more conventional as compared to non-ablative and fractional technologies, which are associated with less recovery time and more complication rates. In addition, new treatments have also emerged for acne vulgaris, lipolysis, and cellulite, including innovative devices that provide combinations of ablative and fractional technologies, showing significant results. New lasers, light, and other energy device treatment procedures provided with patient safety and treatment efficacy are allowed for treatment planning and accurate assessment of targeted ablating zone. Thus, it signifies that technological advancement in aesthetic devices is expected to drive the global aesthetic devices market growth.
Opportunity
Increasing awareness towards aesthetic surgeries:
Digital platforms promote information dissemination to target users. These platforms have a vital function to play in facilitating cosmetic procedures. Cosmetic surgery refers to procedures that improve the appearance of the face and body, performed in one of the most brilliant ways. Such procedures became increasingly popular. Historically, surgeons used their private web accounts for awareness, but today modern surgeons are utilizing Instagram, LinkedIn, Snapchat, Twitter, and other social networking sites gradually to increase awareness toward the detection and treatment for aesthetic appeal and symmetry of the body part that is designed to combat signs of ageing, rejuvenate and refresh skin.
Social media is used to enhance contact, promotion and awareness for colleagues and the general public. Moreover, researchers noticed that enhanced social network participation coincided with increased concern for plastic surgery, and more so for the usage of certain apps. This will lead to rise in sales, rise in product portfolio and expansion of the product line. Thus, increasing awareness toward the detection and treatment is expected as opportunity for the global aesthetic devices market growth in the forecast years.
Restraint/Challenge
High cost of aesthetic surgical procedures:
The cost of the product plays a major factor in the market. The cost associated with treatment for a longer duration is quite tricky for an average-income person to afford. The utilization of critical care and intensive care unit services is increasing worldwide, and its expensive cost is a major concern in the current healthcare system. The modern technology-based energy-based devices help in tone and tighten various body parts by reducing the fat using advanced modalities such as plasma, laser, and others.
The cost of energy-based devices varies significantly as per their quality, durability, and brand from place to place. The key factors, which determine the cost of aesthetic procedures include medical institution or clinic finalized for the procedure, technology used, affected area, duration of the stay of patient, and complexity of surgery among more. The high cost of procedure is due to the various checkpoints of the surgery along with the use of high-tech modalities to perform such procedures. As the cost of technologically advanced aesthetic surgery devices is high, the procedure cost proportionally gets escalated, due to which high cost of the procedure is expected hamper the market growth.
Table of Content:
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 GLOBAL AESTHETIC DERMATOLOGY MARKET: REGULATIONS
6 MARKET OVERVIEW
7 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY PRODUCT TYPE
8 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY SURGERY TYPE
9 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY TREATMENT TYPE
10 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY APPLICATION
11 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY GENDER
12 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY END USER
13 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY DISTRIBUTION CHANNEL
14 GLOBAL AESTHETIC DERMATOLOGY MARKET, BY REGION
15 GLOBAL AESTHETIC DERMATOLOGY MARKET: COMPANY LANDSCAPE
16 SWOT ANALYSIS
17 COMPANY PROFILE
18 QUESTIONNAIRE
19 RELATED REPORTS
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Aesthetic Devices Market Regional Analysis/Insights
The aesthetic devices market is analysed and market size insights and trends are provided by products, raw material, end user, and distribution channel as referenced above.
The countries covered in the aesthetic devices report are U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Netherlands, Russia, Switzerland, Turkey, Belgium and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific, Brazil, Argentina and Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt, and Rest of Middle East and Africa.
North America is expected to dominate due to increasing technological advancement in the developing areas.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global aesthetic devices market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies’ focus on aesthetic devices market.
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FREQUENTLY ASKED QUESTIONS:
Which are the Major Market Drivers for Aesthetic Devices Market?
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LATAM Aesthetic Devices Market, By Products (Facial Aesthetic Products, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices and Others), End User (Dermatology Clinics, Cosmetic Centers, Hospitals, Homecare, Medical Spas and Beauty Centers and Academic and Private Research Institutes), Distribution Channel (Direct Tender and Retail), Country (Brazil, Mexico, Argentina, Colombia, Venezuela, Peru, Chile and Rest of Latin America) Industry Trends and Forecast to 2028 –
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Middle East and Africa Aesthetic Devices Market, By Products (Facial Aesthetic Products, Body Contouring Devices, Cosmetic Implants, Skin Aesthetic Devices, Hair Removal Devices and Others), Raw Materials (Polymers, Biomaterials and Metals), End User (Hospitals, Dermatology Clinics, Clinics, Academic and Private Research Institutes and Others), Distribution Channel (Direct Tender and Retail Sales) Industry Trends and Forecast to 2029 –
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