The Medical Aesthetic Devices Market is projected to

Hyderabad, March 11, 2023 (GLOBE NEWSWIRE) --

According to a new market research report titled, “Medical Aesthetic Devices Market-2023-2028”, the medical aesthetic market is expected to grow at a CAGR of 11.83%. The global market for aesthetic procedures is being driven by multiple factors, such as the rising awareness of aesthetic treatments and a growing number of obese populations. Additionally, technological advancements in aesthetic devices and the adoption of minimally invasive devices are enhancing growth in this space.  

Reinforcing these indicators is the increasing volume of aesthetic services worldwide. The International Society of Aesthetic Plastic Surgery (ISAPS) recorded 10.12 million surgical and nonsurgical procedures performed globally in 2020; while in the United Kingdom - 15,405 cosmetic surgery operations were completed in 2021, based on findings published by the British Association of Aesthetic Plastic Surgeons (BAAPS). The increasing number of aesthetic procedures requires medical aesthetic devices. This is creating the need for medical aesthetic devices and driving the market's growth. 

Additionally, the approval of products by various regulatory authorities is also boosting the market's growth. For instance, in January 2022, Lumenis launched the Splendor X device, CE cleared for hair removal, vascular treatments, pigmented lesions, and wrinkles in the United Kingdom. 

Major market trends shaping the Medical Aesthetic Devices Market:

Medical aesthetic devices refer to all medical devices that are used for various cosmetic procedures, which include plastic surgery, unwanted hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., that are used for beautification, correction, and improvement of the body. 

Botulinum toxin is expected to witness significant growth during the forecast period. This is produced by the bacterium Clostridium botulinum, which is a neurotoxic protein. When given as injections, these proteins act by blocking nerve signals to muscles. This relaxes the muscle and decreases the appearance of wrinkles or folds in the face - a cosmetic use much sought after among young adults today. Botulinum toxin is also used for non-cosmetic purposes, such as treating chronic migraine or dystonia. The growing popularity of minimally invasive procedures and the rising gentrification seen worldwide are key factors driving the growth of botulinum toxin market segments. 

Some of the major market trends shaping the Medical Aesthetic Devices Market according to our research experts: 

  • The American Society of Plastic Surgeons survey was released in June 2022 in the United States. It reported that botulinum toxin Type A is one of the tops minimally invasive cosmetic procedures among patients during 2021-2022. 
  • It also reported that patients aged 31- 45 years most commonly seek botulinum toxin type A cosmetic procedures. 
  • Additionally, an ISAPS survey released in December 2021 revealed that among all the non-surgical cosmetic procedures performed globally in 2020, 43.2% were Botulinum Toxin procedures. 
  • It also reported that a total of 6,213,859 botulinum toxin procedures were performed. 
  • Such a high adoption of botulinum toxin procedures creates more demand for it and thus drives the growth of the market segment. 
  • The major players in the market are also investing more in the import and export of botulinum toxin products and are keenly investing in technological advancements. 
  • In September 2022, Revance Therapeutics Inc. received USFDA approval for DAXXIFY for injection to temporarily improve moderate to severe frown lines in adults. 

Thus, owing to the abovementioned factors, the botulinum toxin segments are expected to project significant growth during the forecast period. 

What is driving the growth of the medical aesthetic devices market?

The medical aesthetic devices market in North America is projected to experience strong growth over the next few years due to a variety of conditions. These include an increase in the number of aesthetic procedures performed, greater public awareness about non-surgical and minimally invasive procedures, and advances in technology. These forces taken together indicate a bright future for the field going forward. 

The large volume of aesthetic procedures in the region creates the need for aesthetic devices and thus drives the growth of the market. According to the AAFPRS survey released in March 2022, an estimated 1.4 million surgical and non-surgical procedures were performed in the United States in 2021, an increase of 40% over the procedures performed in 2020. 

Additionally, according to the ISAPS survey released in December 2021, 860,718 aesthetic procedures were performed in Mexico in 2021, of which 456,489 were aesthetic surgical procedures and 404,229 were non-surgical aesthetic procedures. Thus, the increasing number of cosmetic procedures among the population is anticipated to boost the growth of the market during the forecast period.  

Who are the key players in the Medical Aesthetic Devices Market? 

The medical aesthetic devices market is moderately competitive and consists of many players 

  • Cynosure 
  • Abbvie Inc. (Allergan PLC) 
  • Alma Lasers (Sisram Med) 
  • Bausch Health Companies Inc. (Solta Medical Inc.) 
  • Johnson & Johnson Private Limited 
  • Cutera 
  • Sciton Inc. 
  • Candela Corporation 
  • Venus Concept 

Recent Developments in the Medical Aesthetic Devices Market:

  • In June 2022: Cynosure launched the PicoSure Pro device, its latest upgrade to the PicoSure platform. PicoSure Pro is one of the first 755nm picosecond lasers cleared by the USFDA. 
  • In May 2022: GC Esthetics Inc. launched an innovative nipple-areola complex (NAC) reconstructive implant called FixNip NRI in Europe under an exclusive partnership agreement with FixNip LTD.  

In a nutshell, the Mordor Intelligence Market Research Report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry.  Get a glance at the https://www.mordorintelligence.com/industry-reports/global-medical-aesthetic-device-market-industry 

About Mordor Intelligence  

Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.   

Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.   

Other Trending Reports you may like: 

  • https://www.mordorintelligence.com/industry-reports/asia-pacific-medical-aesthetic-devices-market-industry 
  • https://www.mordorintelligence.com/industry-reports/india-aesthetic-devices-market 
  • https://www.mordorintelligence.com/industry-reports/medical-device-connectivity-market 

 

 

 

 

Attachment

  • Medical Aesthetic Devices Market_Mordor Intelligence

The Medical Aesthetic Devices Market is projected to

TIN LIÊN QUAN

Personal Floatation Devices Market

The paramount competitors covered in the global personal floatation devices market report include United Moulders Limited, Absolute Outdoor Inc., Marine...

Particleboard Market Expected to Grow at 5.2% CAGR Till

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- IndexBox, a leading market research firm, has released its latest report on the global wooden particle board...

Global Pulmonary Embolism Market Size - Forecasts to 2028

The paramount competitors covered in the global pulmonary embolism market report include Abbott, F. Hoffmann-La Roche Ltd., Mylan N.V., Teva...

The Rising Demand For Smart Devices Will Propel The

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032...

The Global Passenger Cars Market is projected to register a

Hyderabad, March 11, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled, “Global Passenger Cars Market”-2023-2028, is expected to...

Global Somatic Cancer Mutation Testing Market Size

Thermo Fisher Scientific, Inc., Illumina, Inc., Invitae Corporation, F. Hoffmann-La Roche Ltd., MedGenome, CENTOGENE N.V., Myriad Genetics, Inc., eviCore...

Photovoltaic Market Driven by Decreasing Costs of PV

Chicago, March 08, 2023 (GLOBE NEWSWIRE) -- The Photovoltaic Market by Component (Modules, Inverters, BOS), Material (Silicon, Compounds), Installation...

Chillers Market Expected to Hit US$ 4.8 Billion by 2026

Chicago, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The global chillers Market is projected to grow from USD 4.1 billion in 2021 to USD 4.8 billion by 2026, at a...

THỦ THUẬT HAY

Top Trình Giả Lập iOS Trên Window Năm 2023 Và Link Tải

iOS của Apple là một trong những hệ điều hành phổ biến và an toàn nhất. Đó là lý do tại sao thật khó để chạy và thử nghiệm các ứng dụng gốc iOS trong một môi trường khác và chỉ các thiết bị của Apple mới có thể hỗ trợ

Cách chuyển văn bản thành giọng nói bằng SpeechTexter

SpeechTexter là dịch vụ trực tuyến chuyển đổi hơn 40 thứ tiếng thành giọng nói, bao gồm cả Tiếng Việt. Chúng ta có thể sử dụng trên máy tính hoặc điện thoại.

Trải nghiệm chủ đề Samsung Experience 10 dựa trên Android 9.0 Pie

Samsung hy vọng sẽ phát hành một phiên bản beta của Samsung Experience 10 cho một số flagships mới nhất của nó vào cuối năm nay. Phiên bản Android 9.0 của Samsung trông rất khác với phiên bản Android 8.0 Oreo của nó.

Hướng dẫn cách sử dụng Glyph trong Adobe Photoshop

Sử dụng glyph như lối tắt trang trí dự án thiết kế đồ họa tức thì. Chỉ cần bắt đầu bằng font thích hợp. Bạn sẽ thấy một vài font chữ thảo bên cạnh những glyph tốt nhất. Bạn có thể xem bộ ký tự mở rộng trên bảng Glyph

Cách kích hoạt chế độ Không theo dõi (Do Not Track) trên một số trình duyệt web phổ biến

Nhằm hạn chế tối đa khả năng bị theo dõi và thu thập dữ liệu trong quá trình sử dụng internet để phục vụ cho mục đích thương mại hóa như quảng cáo hay điều hướng nội dung từ những nhà cung

ĐÁNH GIÁ NHANH

Trên tay Galaxy Note8 Orchid Grey: Màu sắc mới mẻ và lạ mắt, giá 22.49 triệu đồng

Tím khói, Orchid Grey hay còn được gọi vui với cái tên “màu mắm tôm” là một màu sắc cực kỳ đặc biệt, từng được Samsung áp dụng trên mẫu sản phẩm Galaxy S8/S8 Plus và nhận được rất nhiều phản hồi tích cực từ phía người

Video đánh giá chi tiết laptop Acer Aspire VX 15

Chiếc laptop chuyên chơi game Acer Aspire VX 15 vừa được Acer ra mắt tại CES 2017, dưới đây là video đánh giá chiếc laptop này.

So sánh OPPO A93 và Reno4: giá bán chênh 1 triệu đồng có tạo nên sự khác biệt lớn?

Hãy cùng chúng tôi theo dõi các so sánh OPPO A93 và Reno4 dưới đây để xem smartphone nào của OPPO có thể tạo nên lợi thế cạnh tranh nhé. Chiếc điện thoại mới ra mắt A93 nhà OPPO được kì vọng sẽ “làm mưa làm gió’ trong