Medical Aesthetics Market by Product, Treatment, Operation, Function, End-User

List of Tables

[192 Pages Report] The Medical Aesthetics Market size was estimated at USD 16.00 billion in 2023 and expected to reach USD 17.65 billion in 2024, at a CAGR 10.71% to reach USD 32.65 billion by 2030.

Medical aesthetics is a rapidly evolving field that combines healthcare and beauty services with the objective of enhancing an individual's physical appearance. These procedures target various cosmetic concerns, such as skin rejuvenation, body contouring, hair removal, facial treatments, and scar removal. Increasing awareness about cosmetic procedures due to social media platforms and celebrity endorsements has fueled demand for these treatments. Advancements in technology have resulted in safer and more effective aesthetic solutions with shorter recovery times and reduced side effects. However, the lack of standardized regulations across different regions poses challenges for the market, as it can lead to varying levels of safety and efficacy. Market players are working on developing quality procedures at cost-effective prices to stay ahead in the industry. They are exploring applications of artificial intelligence (AI) and machine learning algorithms to improve treatment planning, diagnostics, and patient engagement through personalized consultations. Increasing adoption of telemedicine consultations by healthcare providers within the medical aesthetics space has allowed patients easier access to consultation services remotely while also enabling providers with a broader reach beyond geographical boundaries.

KEY MARKET STATISTICS
Base Year [2023]	USD 16.00 billion
Estimated Year [2024]	USD 17.65 billion
Forecast Year [2030]	USD 32.65 billion
CAGR (%)	10.71%

Type: Increasing preference for non-surgical procedures with easy provision of products

Surgical medical aesthetics involve invasive techniques performed by certified plastic surgeons or dermatologists. These procedures typically require anesthesia, incisions, and sutures to alter the structure or appearance of specific body parts. Some common examples include facelift, nose reshaping, breast augmentation, and liposuction. Non-surgical medical aesthetics encompass a diverse range of minimally invasive treatments that require little to no downtime. These procedures are typically performed by dermatologists, aesthetic physicians, or certified medical aestheticians. Popular non-surgical treatments include dermal fillers, hyaluronic acid-based gels, and chemical peels.

End-User: Rising popularity of clinics and medical spas to offer an advanced aesthetics treatment

Clinics & medical spas represent a significant segment of end-users in the medical aesthetics market. They provide an inviting atmosphere that combines traditional day spas with state-of-the-art technology used for various treatments. Staffed by licensed estheticians or nurse practitioners working under the supervision of a physician or surgeon, these establishments must adhere to strict safety standards while ensuring high-quality care for clients. Although more commonly associated with surgical procedures such as facelifts or liposuction, hospitals also form an essential component of the medical aesthetics landscape. Many large hospitals now feature dedicated plastic surgery wings or departments offering comprehensive aesthetic treatments alongside specialized reconstructive services for trauma victims or patients with congenital anomalies.

Regional Insights

The Americas is at the forefront of innovation in the medical aesthetics market, owing to the high-income customer base and strong investments in research and development of new procedures. The U.S. FDA's strict regulations ensure that only safe and effective products enter the market, resulting in products from the region having higher consumer confidence. Moreover, North America has a mature market status with well-established players dominating the landscape. The Asia-Pacific region has experienced exponential growth due to increased disposable income levels coupled with heightened beauty consciousness among consumers. Countries such as South Korea, Thailand, and Japan have emerged as major hubs for plastic surgery tourism. Innovations like non-surgical thread lifts or energy-based devices are gaining traction among Asian consumers who prioritize natural-looking results over more invasive procedures. Europe is a key player in the global medical aesthetics industry and has a diverse market landscape with a mix of long-standing European companies and leading American brands. The market is expected to grow as consumer demand increases for minimally invasive cosmetic treatments that offer shorter recovery times and fewer side effects.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Medical Aesthetics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medical Aesthetics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Medical Aesthetics Market, highlighting leading vendors and their innovative profiles. These include 3M Company, AbbVie Inc., Acumed, LLC by Colson Medical, LLC, Alma Lasers, Ltd., Alpha Aesthetics, Inc., Anika Therapeutics, Inc., Anthony Products Inc., Arion Laboratories, Avinent Implant System, S.L.U., Candela Corporation, Cutera, Inc., Cynosure, LLC, Galderma S.A., GC Aesthetics PLC, Groupe Sebbin SAS, Guangzhou Wanhe Plastic Material Co., Ltd., Hanson Medical, Inc., Implantech Associates Inc., Institut Straumann AG, Integra LifeSciences Corporation, Johnson & Johnson Services, Inc., KLS Martin Group, Lattice Medical SAS, Medytox, Inc., Merz Aesthetics, Inc., Nobel Biocare Services AG, Quanta System by El.En. S.P.A., Sientra, Inc., Solta Medical International, Inc. by Bosch Healthcare Solutions GmbH, Stryker Corporation, and Zimmer Biomet Holdings, Inc..

Market Segmentation & Coverage

This research report categorizes the Medical Aesthetics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Aesthetic Implant
- Body Contouring Device
- Facial Aesthetic Product
- Hair Removal Device
- Nail Treatment Laser Device
- Skin Aesthetic Device
- Tattoo Removal Device
- Thread Lift Product

Treatment
- Anti-Aging & Wrinkles
- Body Shaping & Cellulite
- Breast Enhancement
- Facial & Skin Rejuvenation
- Pigment Lesions
- Psoriasis
- Reconstructive
- Sears
- Tattoo Removal
- Vascular Lesions
- Vitiligo

Operation
- Non-Surgical
- Surgical

Function
- Cellulite & Fat Reduction
- Chemical Peel
- Dermal Filler
- Laser
- Liposuction Machine
- Needling
- Skin Tightening & Resurfacing

End-User
- Dermatology & Cosmetic Center
- Hospital & Clinic
- Medical Spa & Beauty Center

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Medical Aesthetics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medical Aesthetics Market?

3. What are the technology trends and regulatory frameworks in the Medical Aesthetics Market?

4. What is the market share of the leading vendors in the Medical Aesthetics Market?

5. Which modes and strategic moves are suitable for entering the Medical Aesthetics Market?

Product Code: MRR-43470FC608AE

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing adoption of minimally invasive and noninvasive aesthetic procedures
  - 5.1.1.2. Rising adoption among geriatric individuals and increasing aesthetic treatments among men
  - 5.1.1.3. Rising incidences of skin diseases and increasing expenditure on cosmetic
- 5.1.2. Restraints
  - 5.1.2.1. Availability of alternative beauty and cosmetic products
  - 5.1.2.2. Social and cultural barriers in certain emerging economies
- 5.1.3. Opportunities
  - 5.1.3.1. Growing adoption of aesthetic devices for home use due to development of low cost devices
  - 5.1.3.2. Rising medical tourism
  - 5.1.3.3. Potential in middle class population owing to increasing disposable income
- 5.1.4. Challenges
  - 5.1.4.1. Associated clinical risk and medical complications
  - 5.1.4.2. High cost associated with the treatment and lack of reimbursement policies
5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing preference for non-surgical procedures with easy provision of products
- 5.2.2. End-User: Rising popularity of clinics and medical spas to offer an advanced aesthetics treatment
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Medical Aesthetics Market, by Product

6.1. Introduction
6.2. Aesthetic Implant
6.3. Body Contouring Device
6.4. Facial Aesthetic Product
6.5. Hair Removal Device
6.6. Nail Treatment Laser Device
6.7. Skin Aesthetic Device
6.8. Tattoo Removal Device
6.9. Thread Lift Product

7. Medical Aesthetics Market, by Treatment

7.1. Introduction
7.2. Anti-Aging & Wrinkles
7.3. Body Shaping & Cellulite
7.4. Breast Enhancement
7.5. Facial & Skin Rejuvenation
7.6. Pigment Lesions
7.7. Psoriasis
7.8. Reconstructive
7.9. Sears
7.10. Tattoo Removal
7.11. Vascular Lesions
7.12. Vitiligo

8. Medical Aesthetics Market, by Operation

8.1. Introduction
8.2. Non-Surgical
8.3. Surgical

9. Medical Aesthetics Market, by Function

9.1. Introduction
9.2. Cellulite & Fat Reduction
9.3. Chemical Peel
9.4. Dermal Filler
9.5. Laser
9.6. Liposuction Machine
9.7. Needling
9.8. Skin Tightening & Resurfacing

10. Medical Aesthetics Market, by End-User

10.1. Introduction
10.2. Dermatology & Cosmetic Center
10.3. Hospital & Clinic
10.4. Medical Spa & Beauty Center

11. Americas Medical Aesthetics Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Medical Aesthetics Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Medical Aesthetics Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. ExoCoBio, A Leader in Exosome Technology, Completes the Acquisition of BENEV, a Global Medical Aesthetic Brand
- 14.3.2. Medica Forte introduces a new medium-depth chemical peel
- 14.3.3. PE firm Kedaara Capital acquires majority stake in derma chain Oliva Skin & Hair Clinic for $65 million

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio