The Medical Aesthetics Market – Worth $38.9 Billion by 2030

Aesthetic Medical Devices Market by Y

The non-surgical segment is estimated to register a CAGR of 11.1% from 2020 to 2030.

PORTLAND, OREGON, USA, Sept. 16, 2022 /EINPresswire.com/ — Rising demand for minimally invasive and non-invasive reconstructive surgeries is driving the growth of the global medical aesthetic devices market. On the other hand, high treatment costs, low reimbursements and the risk of implant-related malfunctions are holding back growth to some extent. However, the development of the medical tourism industry, the emergence of tourist medical spas, and the adoption of cosmetic procedures to improve physical appearance are expected to pave the way for lucrative opportunities in the industry.

Medical aesthetics is used to treat and improve the aesthetic appearance of a person by treating problems such as sagging skin, excess fat, cellulite, scars, moles, wrinkles, body hair side effects, liver spots, spider veins and skin discoloration, among others. Dermatology, dental and maxillofacial surgery, reconstructive surgery and plastic surgery are all traditionally included. Aesthetic medicine includes both surgical and non-surgical techniques, and a combination of the two can be used to improve a person’s physical appearance. Aesthetic appliances are used to correct deformities caused by accidents, trauma and other congenital diseases (especially implants).

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Covid-19 scenario-

The global economic recession, lower demand for products and temporary closure of most beauty centers has affected the medical aesthetic devices market, especially during the initial phase of the pandemic.
However, the market is expected to recover very soon.
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The segment of aesthetic implants to retain the lion’s share-

By product type, the aesthetic implants segment held the major share in 2020, attracting more than two-thirds of the global medical-aesthetic devices market. The device segment, on the other hand, is expected to cite the fastest CAGR of 11.1% throughout the forecast period, owing to the increase in the aging population, availability of user-friendly devices and the increased tendency to be aesthetically appealing.

The surgical segment to dominate by 2030-

By application, the surgical segment contributed the lion’s share in 2020, holding more than two-thirds of the global medical-aesthetic device market. This is attributed to the fact that surgical medical aesthetic procedures are more accessible and affordable compared to non-surgical measures. However, the non-surgical segment is expected to show the fastest CAGR of 11.1% from 2021 to 2030.

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North America held the largest share in 2020-

By region, North America dominated in 2020, attracting nearly two-fifths of the global medical aesthetic devices market, owing to increased adoption of medical aesthetics, improved technological advancements and development of new produced by the main players in the province. The Asia-Pacific market, simultaneously, is expected to quote the fastest CAGR of 11.7% throughout the forecast period. Improved R&D facilities, increase in medical tourism, and awareness of medical aesthetics are driving the market growth in the region.

KEY FINDINGS OF THE STUDY

The cosmetic implant segment accounted for a three-quarters share of the total market in 2020.

The non-surgical segment is estimated to register a CAGR of 11.1% from 2020 to 2030.

Hospitals and clinics accounted for more than three-fifths of the total market in 2020.

Key Industry Players-

Johnson & Johnson
LUMENIS LTD
MERZ PHARMA GMBH & CO. KGAA
Hologic, Inc.
Zimmer Biomet Holdings, Inc.
Allergan AG
Sientra Inc.
Dentsply Sirona Inc.
SYNERON MEDICAL LTD
VALEANT PHARMACEUTICAL INTERNATIONAL

We also offer regional and national reports –

Japanese aesthetic medical device market
South Korea Medical Aesthetic Devices Market
Singapore Medical Aesthetic Devices Market
China market for medical aesthetic devices
Indonesia Aesthetic Medical Devices Market
Australian aesthetic medical device market
Taiwan Medical Aesthetic Devices Market

“We have also published some syndicated market studies in the same field that you may be interested in. Below is the title of the report for your reference, considering the impact of Covid-19 on this market, which will help you to assess the impact of the pandemic on the short and long-term growth trends of this market.

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Allied Analytics LLP
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