The global medical aesthetic devices market is estimated to be valued at USD 18.34 Bn in 2024 and is expected to exhibit a CAGR of 12.2% during the forecast period (2024-2031). The global medical aesthetic devices market has witnessed significant growth in the last few years owing to the rising preference for minimally invasive and non-invasive aesthetic procedures among consumers. Aesthetic procedures help enhance an individual's appearance through the treatment of conditions such as skin laxity, uneven skin tone, scars, wrinkles, and cellulite. Advancements in technology have enabled Market players to develop novel energy-based, implantable, and non-implantable devices with great efficacy and safety. Furthermore, the growing geriatric population susceptible to age-related skin issues, increasing disposable incomes, and the desire to maintain a youthful appearance are some of the key factors estimated to propel the market growth during the forecast period.

Market Dynamics:

The global medical aesthetic devices market is primarily driven by the rising adoption of minimally invasive and non-invasive aesthetic procedures. Other major growth drivers include the increasing availability of novel products, technological advancements, rising medical tourism in emerging nations, and the growing popularity of aesthetic treatments among geriatric individuals seeking treatment for age-related skin issues. However, high procedural costs, lack of reimbursement for aesthetic procedures in many countries, and social stigmas associated with cosmetic treatments are some of the key factors expected to restrain the market growth. Moreover, the rising medical aesthetics industry in emerging nations presents lucrative opportunities for players in the form of untapped markets. Industry players are increasingly focusing on offering cost-effective devices and treatment packages to tap the potential present in developing countries.

Key Features of the Study:

• This report provides an in-depth analysis of the global medical aesthetic devices market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global medical aesthetic devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study Venus Concept Inc., Sciton Inc., Lumenis Inc., Cynosure, Inc., Cutera Inc., Syneron Candela, Galderma, Alma Lasers, Solta Medical Inc., AbbVie Inc., Zimmer Biomet, Hologic, Inc., Sientra, Inc., and Johnson & Johnson Services, Inc.
• 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 medical aesthetic devices market 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 medical aesthetic devices market

Detailed Segmentation-

• By Device Type:
• • Energy-based Aesthetic Device
  • Non-energy-based Aesthetic Device
  • Flash glucose monitoring devices
• By Application:
• • Skin Resurfacing and Tightening
  • Body Contouring and Cellulite Reduction
  • Facial Aesthetic Procedures
  • Breast Augmentation
  • Others
• By End User:
• • Hospitals
  • Beauty Centers
  • Skin Clinics
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
• • Venus Concept Inc.
  • Sciton Inc.
  • Lumenis Inc.
  • Cynosure, Inc.
  • Cutera Inc.
  • Syneron Candela
  • Galderma
  • Alma Lasers
  • Solta Medical Inc.
  • AbbVie Inc.
  • Zimmer Biomet
  • Hologic, Inc.
  • Sientra, Inc. 
  • Johnson & Johnson Services, Inc.