seobhushan (22)

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Aesthetic Medicine Market is projected to reach
CAGR 9.2 by 2027
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Key Insights from Aesthetic Medicine Market

• The increasing adoption of non-invasive cosmetic
  procedures will positively anchor the aesthetic
  medicine market share over the next few years.
  The influx of technological advancements in
  medical devices to offer improved patient
  outcomes has bolstered the preference for
  liposuction, botulinum toxin injectables, breast
  augmentation, and dermal fillers. The rising
  instances of obesity considering the higher
  adaption of unhealthy habits has also resulted in
  an incessant need for weight loss as well as body
  contouring procedures.
• The growth is attributed to the rising demand for
  surgical aesthetic medicines owing to the higher
  incorporation of novel technologies in surgical
  procedures to optimize the overall treatment and
  mitigate the operational risks. The adoption of
  standard protocols in the treatment methods has
  increased the safety of aesthetic practices.
  Driven by these factors, the surgical aesthetic
  medicines market size reached USD 5 billion in
  remuneration in 2020. However, the higher
  complexity, pain, and relatively extended
  recovery period could hamper the need for
  surgical aesthetics to some extent.

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Regional Insights in Aesthetic Medicine Market

• The aesthetic medicine market in the Asia
  Pacific is slated to grow at a rate of 11 in the
  coming years due to the expanding medical tourism
  and preference for cosmetic procedures in the
  region. As per a Frost Sullivan report, over
  16.29 million cosmetic procedures were performed
  in China in 2017, showing a yearly growth of
  nearly 26.4. The rising instances of early aging
  and obese population have also fueled the
  consumer inclination towards cosmetics for
  aesthetic appearances. Besides, there is a surge
  in funding activities on sophisticated healthcare
  infrastructure by service providers in the
  region.

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Major Companies in Aesthetic Medicine Market

• Allergan
• Galderma
• Syneron Candela
• Lumenis
• Merz Pharmaceuticals
• Cynosure

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Industry Coverage

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