Aesthetic Devices Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
The Aesthetic Devices Market is expected to witness a CAGR of around 11% during the forecast period. Aesthetic devices are being increasingly used for skin and hair treatments, which include different procedures such as facial & body contouring, facial & skin rejuvenation, hair removal, breast enhancement, scar treatment, reconstructive surgery, and pigmented lesions removal. One of the key factors behind the popularity of these devices is their non-invasive nature. Moreover, technological advancements and the rising popularity of non-invasive or minimally invasive aesthetic procedures are propelling the aesthetic devices market during the forecast period. For instance, in 2020, according to the International Society of Aesthetic Plastic Surgery (ISAPS) global survey, there were 10,129,528 surgical procedures and 14,400,347 nonsurgical procedures performed worldwide.
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According to UnivDatos Market Insights (UMI)’ research report “Aesthetic Devices Market”, is expected to witness a CAGR growth of around 11% during the forecast period 2021-2027F. This can be mainly attributed to an increase in government funding coupled with the rising number of research and development projects by the key stakeholder to launch new and advanced products.
Based on product, the aesthetic devices market is segmented into aesthetic laser & energy devices, skin tightening & body contouring devices, aesthetic implants, and facial aesthetic devices. In 2020, the facial aesthetic devices category is anticipated to witness a considerable growth rate during the forecast period. This is mainly due to the increasing cases of non-surgical circumferential reduction, cellulite reduction, skin tightening, and wrinkle reduction. For instance, in 2020, according to the International Society of Aesthetic Plastic Surgery (ISAPS) global survey, there were 517,675 Photo Rejuvenation procedures performed worldwide.
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Based on application, the aesthetic devices market is segmented into facial & body contouring, facial & skin rejuvenation, hair removal, breast enhancement, scar treatment, reconstructive surgery, and others. In 2020, the facial & body contouring category is anticipated to witness a significant growth rate during the forecast period. Body and face contouring treatments are used to redefine the texture of the skin, skin tighten, sculpt, and reduce the appearance of unwanted facial volume and fat. The growth of this category is due to the increasing presence of skilled surgeons and the increasing awareness of efficient treatment through facial & body contouring. In addition, major players are continuously focusing on developing new and advanced products in the market. For instance, in June 2020, E.S.I. The novel., a part of Essence Group, launched JOLI360, a new skin rejuvenation solution that can measure three skin parameters: hydration, elasticity, and sebum.
Based on end-user, the aesthetic devices market is categorized into hospitals, dermatology clinics, cosmetic centers, and others. The dermatology clinics category is anticipated to witness a significant growth rate during the forecast period. A large number of aesthetic procedures, particularly breast procedures, blepharoplasty, and other minimally invasive procedures, are performed in these facilities.
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North America to witness extensive growth
For a better understanding of the market, the report provides a detailed analysis of major regions and countries including North America (U.S., Canada, Rest of America); Europe (Germany, U.K., France, Spain, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific) and Rest of World. In 2020, North America accounted for a significant market share. This is mainly due to the higher per capita income and the availability of advanced healthcare infrastructure coupled with increasing awareness about various aesthetic procedures in the region. For instance, as per the 2020 Plastic Surgery Statistics Report by the American Society of Plastic Surgeons, there were 193,073 breast augmentation procedures performed in the U.S.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the aesthetic devices market are AbbVie Inc., Bausch Health Companies Inc., Henry Schein, Inc., Merz Pharma GmbH & Co. KGaA, Candela Laser Corporation, Aerolase Corporation, Aesthetic Technology Limited, Aesthetics Biomedical, Biotec Italia Srl, Cutera, Inc. along with partnerships have been undertaken by these players to boost their presence in different regions.
“Aesthetic Devices Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Product (Aesthetic Laser & Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices)
2. By Application (Facial & Body Contouring, Facial & Skin Rejuvenation, Hair Removal, Breast Enhancement, Scar Treatment, Reconstructive Surgery, Others)
3. By End-user (Hospitals, Dermatology Clinics, Cosmetic Centers, Others)
4. By Company (AbbVie Inc., Bausch Health Companies Inc., Henry Schein, Inc., Merz Pharma GmbH & Co. KGaA, Candela Laser Corporation, Aerolase Corporation, Aesthetic Technology Limited, Aesthetics Biomedical, Biotec Italia Srl, Cutera, Inc.)
Key questions answered in the study:
1. What are the current and future trends of the aesthetic devices market industry?
2. How the industry has been evolving in terms of product and application?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the aesthetic devices market industry?
5. What is the customer orientation, purchase behavior, and expectations from the aesthetic devices market suppliers across various region and countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 AESTHETIC DEVICES MARKET COVID-19 IMPACT
6 AESTHETIC DEVICES MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY PRODUCT
8 MARKET INSIGHTS BY APPLICATION
9 MARKET INSIGHTS BY END-USER
10 MARKET INSIGHTS BY REGION
11 AESTHETIC DEVICES MARKET DYNAMICS
12 AESTHETIC DEVICES MARKET OPPORTUNITIES
13 AESTHETIC DEVICES MARKET TRENDS
14 LEGAL & REGULATORY FRAMEWORK
15 DEMAND AND SUPPLY SIDE ANALYSIS
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
18 COMPANY PROFILED
19 DISCLAIMER
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