Medical Aesthetics Market Outlook
The medical aesthetics market is projected to acquire a size of over USD 38.8 Billion by 2027. The report further suggests that the market is projected to exhibit a robust CAGR of approximately 8.30% during the review timeframe, says Market Research Future (MRFR).
The medical aesthetics products available today are both technically advanced and comprehensible that will assist market players in growing and benefiting the target audience across the global medical aesthetics market. The global medical aesthetics market has recorded massive growth in recent years. The market’s growth is driven by the increasing number of cosmetics and plastic products. Furthermore, the rise in the number of service providers like surgeons and doctors is also likely to catalyze the growth of the medical aesthetics market over the forecasted era. On the other hand, the side effects coupled with these medical aesthetic procedures are one of the primary restraining factors for the growth of the medical aesthetics market.
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Medical Aesthetics Market Segmentation
Manufacturers and producers in the medical aesthetics market deal with items such as face aesthetics, body contouring devices, fat reduction and cellular reduction devices, cosmetic implants, hair removal devices, and skin aesthetics, among other things
Invasive, non-invasive, minimally invasive, and other technologies are available in the medical aesthetics sector.
Hospitals, care centers, clinics, medical spas, cosmetic and beauty facilities, and home care centers are among the medical aesthetics market’s end-users.
Medical Aesthetics Market Regional Insights
The global market for medical aesthetics is studied across five major regions, including South America, the Middle East & Africa, Asia-Pacific, North America, and Europe.
The MRFR report suggests that the North American region led the global medical aesthetics market in 2019. The region is projected to maintain the top position globally over the review timeframe ending in 2028.
The Asia-Pacific regional medical aesthetics market is likely to register the fastest growth over the forecasted timeframe. The primary aspect driving the regional market’s growth is the rising interest in procedures coupled with the efforts to bolster the regional economies and the growing consumer awareness. Furthermore, the growing tourism investments across the region are also projected to catalyze the regional medical aesthetics market’s growth.
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Medical Aesthetics Market Competitive Landscape
The notable players of the market are Galderma Laboratories, L.P (US)., Allergan plc (Ireland), Merz Pharmaceuticals GmbH (Germany), Lumenis (Israel), and Bausch Health (US).
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