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Wednesday, October 18, 2023

The Global Medical Aesthetics Market is Expected to Grow with a CAGR of 11.2% from 2024 to 2030

According to a market report by Lucintel, the future of the global medical aesthetics market looks promising with opportunities in the clinic, hospital, and medical spas, beauty center, and home care setting markets. The global medical aesthetics market is expected to reach an estimated $29.6 billion by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are increasing adoption of minimally invasive and noninvasive aesthetic procedures, growing demand of aesthetic procedures among geriatric individuals, and rising demand for aesthetic treatments among men.

In this market, facial aesthetic products, cosmetic implants, skin aesthetic devices, body contouring devices, physician-dispensed cosmeceuticals & skin lighteners, hair removal devices, tattoo removal devices, thread lift products, physician-dispensed eyelash products, and nail treatment laser devices are the major segments of medical aesthetics market by product.

Lucintel forecasts that facial aesthetic products will remain the largest segment over the forecast period due to the growing patient demand for facial aesthetic treatments, rising disposable income and spending capabilities, and sueging geriatric population across the globe.

Within this market, clinics, hospitals, and medical spas will remain the largest segment due to the growing awareness about various aesthetic procedures and their benefits, increasing patient inclination tiwards minimally invasive cosmetic surgeries, and surge number of clinics and surgeons providing these treatments.

North America will remain the largest segment over the forecast period due to the growing number of aesthetic procedures performed, surge in the geriatric population, and favourable government funding for healthcare infrastructure. 

AbbVie, Galderma, Merz Pharma, El.En., Cutera, Venus Concept, Lutronic, Lumenis, Bausch Health Companies, and Candela Corporation are the major suppliers in the medical aesthetics market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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