The global medical aesthetics market is estimated to grow at a CAGR of 10.8% from 2015 to 2020. North America held the largest share of the medical aesthetics market in 2015. However, the Asia-Pacific region is poised to grow at the highest CAGR of 12.6% in the next five years. Factors such as rising consumer awareness and interest in aesthetic procedures, strong local economies, aggressive marketing by leading U.S. and European companies in Asia, decreasing social taboos, and rising medical tourism are propelling its growth.
The growth of the global medical aesthetics market is mainly driven by the growing adoption of minimally invasive and noninvasive aesthetic procedures, aging population, increasing awareness among customers, technological advancements in energy-based devices, rising number of aesthetic procedures, and increasing demand for aesthetic treatments among the male population. However, a stringent safety regulation for aesthetic procedures is a major factor restraining the growth of this market. Growing adoption of home use aesthetic devices and increasing demand for cosmetic treatments in emerging markets are creating opportunities for growth of the medical aesthetics market.
Browse 135 market data tables & 47 figures spread through 216 pages and in-depth TOC on "Medical Aesthetics Market" at http://www.reportsnreports.com/reports/401761-medical-aesthetics-market-by-products-liposuction-cellulite-reduction-fat-reduction-skin-tightening-breast-implants-botox-dermal-fillers-procedures-cosmetic-reconstructive-end-users-beauty-center-and-home-global-forecast-to-2020.html .
In this report, the global medical aesthetics market has been classified into many segments and sub segments on the basis of products, namely, aesthetic lasers and energy devices, aesthetic implants, and facial aesthetics. The aesthetic lasers and energy devices segment is categorized into laser resurfacing devices, body contouring devices, laser hair removal, and aesthetic ophthalmology devices. Laser resurfacing devices segment is further divided into ablative skin resurfacing devices, and non-ablative skin resurfacing devices.
Body contouring devices segment is classified into liposuction devices (laser assisted liposuction devices, ultrasound assisted liposuction devices, radio frequency assisted liposuction devices, water jet assisted liposuction devices, and other liposuction devices), cellulite reduction devices (energy based cellulite reduction devices, lipomassage devices, and mesotherapy devices), non-surgical fat reduction devices (cryolipolysis devices, laser based devices, radio frequency based devices, and ultrasound based devices), and non-surgical skin tightening devices (laser based devices, radio frequency based devices, and ultrasound based devices).
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The aesthetic lasers and energy devices segment accounted for the largest share of the global medical aesthetics market in 2015, followed by the facial aesthetics segment. Factors such as the increasing number of aesthetic procedures, high prevalence of overweight and obesity, technological advancements, and rising adoption of minimally invasive and non-invasive cosmetic procedures are stimulating the growth of the aesthetic lasers and energy devices market.
Geographically, North America (comprising the U.S. and Canada) commanded the largest share of49.0% of the global medical aesthetics market in 2015, followed by Europe. North America will continue to lead in the years to come, owing to rapidly aging and obese population, technological advancements, and growing FDA approvals of devices in the U.S.
Report provides insights on the following pointers:
- Market Penetration: Comprehensive information on medical aesthetic devices offered by the top 10 players in the medical aesthetics market. The report analyzes the medical aesthetics market on the basis of product, procedure, end user, and region
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various medical aesthetics across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the medical aesthetics market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of leading players in the medical aesthetics market
Medical aesthetics market is a diversified and competitive market with a large number of players. In 2014, Cynosure Inc., Syneron Medical Ltd., Solta Medical, Inc., ZELTIQ Aesthetics, Inc., Lumen is Ltd., and PhotoMedex, Inc. were the leading companies in the global medical aesthetics laser and energy devices market. Moreover, in 2014, Allergan, Inc., Galderma S.A., and Merz Aesthetics, Inc.
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