Global Medical Aesthetics Market Size Study, by Product, Procedure, End User, and Regional Forecasts 2022-2032

Description

The Global Medical Aesthetics Market, valued at USD 15.21 billion in 2023, is poised for a robust expansion with a compound annual growth rate (CAGR) of 12.8% during the forecast period 2024-2032. This growth is underpinned by the rising preference for minimally invasive procedures, particularly among millennials and the elderly, reflecting societal shifts towards embracing aesthetic enhancements for vitality and confidence. With increasing disposable incomes in developed economies and growing consumer expenditure on health and social acceptance, the demand for medical aesthetic products and services is witnessing a significant surge.

Facial aesthetics products have secured a dominant share in the market, driven by the growing emphasis on cosmetic enhancements. The burgeoning demand for preventive treatments among younger demographics highlights an inclination towards early interventions to maintain aesthetics. Furthermore, non-surgical procedures have emerged as a preferred choice due to their minimal invasiveness, lower risk profiles, and reduced downtime, catering to a growing base of health-conscious consumers.

The Asia Pacific region is expected to register the highest growth rate, supported by enhanced healthcare infrastructure, increasing awareness about aesthetic procedures, and a thriving medical tourism industry. Additionally, the region's rising disposable incomes and expanding middle-class population further underscore its potential for market growth. North America and Europe remain significant contributors due to their advanced medical technologies and consumer awareness.

Major market players included in this report are:

AbbVie Inc. (US)
Alma Lasers (Israel)
Cynosure (US)
Johnson & Johnson (US)
Bausch Health Companies Inc. (Canada)
Cutera (US)
Galderma (Switzerland)
El.En. S.p.A. (Italy)
InMode Ltd (Israel)

The detailed segments and sub-segments of the market are explained below:

By Product:

Botox
Fillers
Peels
Implants
Liposuction
Microneedling
Hair Removal
Laser Resurfacing
RF
Phototherapy

By Procedure:

Surgical
Nonsurgical

By End User:

Clinics, Hospitals, Medical Spas
Beauty Centers
Home Care

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Comprehensive market forecasts for 10 years (2022-2032).
Regional and segmental revenue analysis.
Strategic insights into key players and market trends.
Recommendations for business strategies and growth.

Chapter 1. Global Medical Aesthetics Market Executive Summary

1.1. Global Medical Aesthetics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Procedure
- 1.3.3. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendations & Conclusion

Chapter 2. Global Medical Aesthetics Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply-Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Regulatory Environment
  - 2.3.3.3. Market Competition
- 2.3.4. Demand-Side Analysis
  - 2.3.4.1. Consumer Awareness
  - 2.3.4.2. Technological Advancements
2.4. Estimation Methodology
2.5. Years Considered for the Study

Chapter 3. Global Medical Aesthetics Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Popularity of Minimally Invasive Procedures
- 3.1.2. Increasing Disposable Incomes
- 3.1.3. Growing Geriatric Population
3.2. Market Challenges
- 3.2.1. High Costs of Procedures
- 3.2.2. Limited Access in Developing Regions
3.3. Market Opportunities
- 3.3.1. Expansion of Medical Tourism
- 3.3.2. Technological Advancements in Aesthetic Devices

Chapter 4. Global Medical Aesthetics Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Analyst Recommendations & Conclusion

Chapter 5. Global Medical Aesthetics Market Size & Forecasts by Product (2022-2032)

5.1. Segment Dashboard
5.2. Botox
5.3. Fillers
5.4. Peels
5.5. Implants
5.6. Liposuction
5.7. Microneedling
5.8. Hair Removal
5.9. Laser Resurfacing
5.10. RF
5.11. Phototherapy

Chapter 6. Global Medical Aesthetics Market Size & Forecasts by Procedure (2022-2032)

6.1. Segment Dashboard
6.2. Surgical
6.3. Nonsurgical

Chapter 7. Global Medical Aesthetics Market Size & Forecasts by End User (2022-2032)

7.1. Segment Dashboard
7.2. Clinics, Hospitals, Medical Spas
7.3. Beauty Centers
7.4. Home Care

Chapter 8. Global Medical Aesthetics Market Size & Forecasts by Region (2022-2032)

8.1. North America
- 8.1.1. U.S.
- 8.1.2. Canada
8.2. Europe
- 8.2.1. UK
- 8.2.2. Germany
- 8.2.3. France
- 8.2.4. Spain
- 8.2.5. Italy
- 8.2.6. Rest of Europe
8.3. Asia-Pacific
- 8.3.1. China
- 8.3.2. India
- 8.3.3. Japan
- 8.3.4. Australia
- 8.3.5. South Korea
- 8.3.6. Rest of Asia Pacific
8.4. Latin America
- 8.4.1. Brazil
- 8.4.2. Mexico
- 8.4.3. Rest of Latin America
8.5. Middle East & Africa
- 8.5.1. Saudi Arabia
- 8.5.2. South Africa
- 8.5.3. Rest of Middle East & Africa

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. AbbVie Inc.
- 9.1.2. Cynosure
- 9.1.3. Galderma
9.2. Top Market Strategies
9.3. Company Profiles

Chapter 10. Research Process

10.1. Research Methodology
- 10.1.1. Data Collection
- 10.1.2. Data Validation
- 10.1.3. Data Analysis
- 10.1.4. Data Triangulation
10.2. Market Estimation Techniques
- 10.2.1. Top-Down Approach
- 10.2.2. Bottom-Up Approach
10.3. Sources of Data
- 10.3.1. Primary Research
- 10.3.2. Secondary Research
- 10.3.3. Expert Panel Review
10.4. Research Limitations
10.5. Assumptions & Acronyms