Aesthetics Combination Therapy Market | Expanding Ageing Population is Likely to Bolster Demand in the Market
Aesthetics combination therapy includes various approaches of treatment for bringing forth appealing and enhanced appearance in customers. It comprises both non-invasive and slightly intrusive methods of treatment. This form of treatment in aesthetics dismisses the idea that just one particular form of treatment cannot provide the best of every other treatment and might not lead to the desired outcome, which a combination all the other methods can bring forth. Growth popularity of the process is likely to bolster growth of the global aesthetics combination therapy market over the tenure of analysis, from 2019 to 2029.
According to the data and insights shared by American Society for Plastic Surgeons in their Plastic Surgery Statistics Report, 2017, with the use of various treatment methods in the same medical procedure has resulted in a 4% expansion of the base of patients.
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Application and region are the two key parameters based on which the global aesthetics combination therapy market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.
Global Aesthetics Combination Therapy Market: Notable Developments
The global aesthetics combination therapy market has witnessed significant developments in the recent years. One of such developments pertaining to the market is mentioned below:
- In May 2020, leading American biopharmaceutical company, AbbVie Inc, made an acquisition of Dublin-based pharmaceutical company, Allergan plc. Post acquisition, it is expected that AbbVie Inc will be able to strengthen its position in Europe and expand its product offerings.
Some of the key players in the global aesthetics combination therapy market comprise the below-mentioned:
- Merz Pharma GmbH & Co. KGaA
- Syneron Medical Ltd
- Valeant Pharmaceutical International, Inc
- Speciality European Pharma Limited
- Allergan plc
Global Aesthetics Combination Therapy Market: Key Trends
The following drivers, restraints, and opportunities characterize global aesthetics combination therapy market over the assessment period, from 2019 to 2029.
In accordance with the data from World Population Prospects: the 2019 Revision, by the year 2050, one in every six person in the world living in North America and Europe is estimated aged over 65 years or above. By 2050, the number of people aged over 80 years is estimated to reach 426 million in 2050, tripling from 143 million in 2019. Presence of such a huge base of elderly people is anticipated to open plethora of opportunities for the global aesthetics combination therapy market over the assessment timeframe.
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In addition to that, increasing disposable income together with inclination toward spending on premium beautification services such as this is likely to foster growth of the global aesthetics combination therapy market over the tenure of analysis, from 2019 to 2027. Various advanced beauty services such as laser treatment, chemical peeling, microdermabrasion, and dermal filling have been gaining prominence in the last few years. This factor is estimated to augur well for the market in the years to come.
Global Aesthetics Combination Therapy market: Geographical Analysis
The global aesthetics combination therapy market is likely to be dominated by North America over the tenure of assessment, from 2019 to 2029. High spending power together with availability of high-end technologies is likely to augur well for aesthetics combination therapy market in the region. Developing countries such as South Korea, Singapore, Thailand, Dubai, and Brazil are rapidly emerging as popular destinations of medical tourism, where aesthetics combination therapy is likely to gain traction in the years to come.
The global aesthetics combination therapy market is segmented as:
- Scar Removal
- Hair Removal
- Skin Resurfacing
- Tattoo Removal
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