Aesthetic medicine is a branch of modern medicine that focuses on altering cosmetic appearance through the treatment of conditions such as wrinkles, skin laxity, skin discoloration, moles, scars, liver spots, cellulite, excess fat, spider veins, and/or unwanted hair, among others. Thus, with the increasing awareness among people about overall appearance, the demand for aesthetic medicine is also increasing with a rapid pace, worldwide.
Market Dynamics:
Growing geriatric population, increasing adoption of minimally invasive treatments, high demand for aesthetic treatments, and rising awareness among people about overall appearance or aesthetic procedures are major factors expected to boost the growth of the global aesthetic medicine market during the forecast period.
For instance, in June 2023, BoomerangFX announced that it has partnered with health technology pioneer DrFirst to offer clients the unified medication management platform to maximize clinical workflows and patient engagement. BoomerangFX partnered with DrFirst to launch e-prescribing for aesthetic medicine practices across North America.
However, factors such as high cost of aesthetic procedures, social stigma, and poor reimbursement are expected to hamper the growth of the global aesthetic medicine market.
Key features of the study:
- This report provides in-depth analysis of the global aesthetic medicine market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global aesthetic medicine market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Hologic, Inc. (Cynosure), Abbvie (Allergan), Solta Medical, Candela Medical, Merz Pharma GMBH, Revance Therapeutics Inc., Lumenis, Alma Laser, Galderma Pharmaceuticals S.A., and Johnson & Johnson Services, Inc., among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global aesthetic medicine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aesthetic medicine market.
Detailed Segmentation:
- Global Aesthetic Medicine Market , By Procedure:
- Invasive Procedures
- Breast Augmentation
- Liposuction
- Nose Reshaping
- Eyelid Surgery
- Tummy Tuck
- Others
- Non-invasive Procedures
- Botox Injections
- Soft Tissue Fillers
- Chemical Peel
- Laser Hair Removal
- Microdermabrasion
- Others
- Global Aesthetic Medicine Market By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles:
- Alma Laser
- Hologic, Inc. (Cynosure)
- Abbvie (Allergan)
- Solta Medical
- Candela Medical
- Merz Pharma GMBH
- Revance Therapeutics Inc.
- Lumenis
- Galderma Pharmaceuticals S.A.
- Johnson & Johnson Services, Inc.