One of the most popular procedures every year is cosmetic surgery. The rising demand for various sorts of cosmetic operations is predicted to lead to a large increase in the global cosmetology market's revenue. For example, the American Society of Plastic Surgeons (ASPS) 2017 estimates state that around 17.5 million cosmetic surgeries were carried out in the United States in 2017, with breast augmentation, liposuction, and nose reshaping ranking as the top three treatments.
The need for skin care products is also contributing to the growth of the cosmetology market. Women tend to favour botox procedures more than men do since they aid to prolong youthful skin and decrease wrinkles.
The size of the worldwide Cosmetology Industry industry was estimated at USD 262.21 billion in 2022, and it is anticipated to rise at a CAGR of 4.2% from 2023 to 2030.
Top Companies in the Cosmetology Industry:
1. GC Aesthetics: Creator of silicone breast implants intended to support and empower people as they transform their bodies. The business provides pure-play female aesthetics, assisting women who want to feel good about themselves for the rest of their lives and look healthy, youthful, vibrant, and attractive. Built in 2007. Head office in Ireland. The introduction of FixNipTM, a complete game-changer in breast reconstruction, is announced by GC Aesthetics® for 2022.
2. Mentor Worldwide LLC: Owner of a data-driven sales transformation platform that uses digital first enablement to spur exponential growth in sales, productivity, and performance. In order to give sales managers and salespeople alike the tools they need to flourish in their positions in the contemporary digital-first landscape, the company's services offer a whole suite of sales transformation products. This enables organisations to sell more frequently, for more money, and without fuss. Established in 1996. Located in England, in the United Kingdom.
3. Sientra Inc.: In the US, the healthcare industry includes Sientra Inc. In order to perform breast augmentation and breast reconstruction treatments, it sells silicone gel breast implants. Both Breast Products and miraDry are its operating segments. Under the names OPUS, AlloX2, Dermaspan, Softspan, and BIOCORNEUM, the Breast Products segment primarily sells breast implants, tissue expanders, and scar care products. Sales of the miraDry System and bioTips are the main priorities of the miraDry sector. Geographically, the United States accounts for the majority of the company's revenue. Created in 2003. SIENTRA announces the acquisition of novel fat-grafting technology from AURAGEN Aesthetics, LLC, with headquarters in the U.S.
4. 3M Health Care: An Indian corporation that works in several industries is called 3M India Ltd. Safety and Industrial, which comprises vinyl, polyester, foil, speciality industrial tapes and adhesives, as well as other specialty Materials, are two of the company's operating segments. Products for personal protection, border control, and passive fire protection are included in the categories of transportation and electronics. While the Healthcare segment includes medical and surgical supplies, medical devices, skin and wound care and infection prevention products and solutions, drug delivery systems, dental and orthodontic products, and food safety products, the Consumer business includes products like Scotch brand, adhesives, packaging protection platforms, and others. Established in 1987. Head office in India. Today, 3M revealed that it has successfully acquired Acelity, Inc.
5. Allergan, Inc.: Owner of a pharmaceutical firm with the primary goal of producing and marketing branded medical products including drugs, devices, biologics, and surgical and regenerative treatments. The company works in the fields of gastroenterology, gastroenterology, gastroenterology, and medical aesthetics. It also provides innovative patient care that enables its clients to take advantage of the market's increased accessibility to pharmaceuticals that treat a variety of disorders. Created in 1983. Head office in Ireland. AbbVie will acquire Allergan in a pivotal move for both businesses.
6. Nobel Biocare Holding AG: Provider of cosmetic and restorative dentistry services for the medical sector. The business provides cutting-edge implant-based dental restorations by delivering dental, dental solutions, dental implants, implant systems, abutments, guided surgery, customised dental prostheses, and digital dentistry. Born in 1981. Swiss headquarters are in Zürich.
7. Spectrum Designs Medical: Manufacturer of medical devices aimed at advancing innovations in the ICU and cardiac bypass markets. The business provides a variety of medical supplies and clinical information services, including telemedicine capabilities, electronic medical record systems, and medical device connectivity technologies. Created in 2005. DuPont will purchase Spectrum Plastics Group, with headquarters in the U.K.
*Definition: The global cosmetics market size was valued at USD 262.21 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.
