Aesthetic Medical Devices Market size was valued at USD 18.97 Billion in 2022 and the total Aesthetic Medical Devices revenue is expected to grow at a CAGR of 12.8% from 2023 to 2029, reaching nearly USD 44.08 Billion.
Aesthetic Medical Devices Market Overview:
The qualitative and quantitative research provides an in-depth analysis of regional insights into the Market and its dynamic trends, industrial development, and Market-prominent factors. The research method was used to study the global Aesthetic Medical Devices Market, and the outcomes were rationally presented in the report published by Maximize Market Research through primary and secondary research.
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Aesthetic Medical Devices Market Scope
Aesthetic Medical Devices Market report provides extensive knowledge of key trends, Market dynamics, drivers, restraints, and opportunities. Research detects the most significant trends that are helpful for business development. It supports finding the information in the research that defines the competitive landscape of key players, the factors affecting the Aesthetic Medical Devices Market size and volume, and other aspects that help define the recent Marketing strategies. Furthermore, a SWOT analysis is conducted to find the strengths, weaknesses, opportunities, and threats of the Market.
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Segmentation Analysis
In terms of revenue, the Facial Aesthetic Devices segment accounted for 33.4% of the global market for aesthetic medical devices in 2022. The segment offers significant growth potential for top market participants and is projected to expand at a CAGR of 11.8% over the course of the forecast period. Every year, more minimally invasive facial aesthetic operations are carried out all around the world. The number of nonsurgical injectable operations conducted in 2017 increased from 2015 by over 850 000 to over 8.5 million. As a result, it is anticipated that throughout the forecast period, the number of facial aesthetic procedures and treatments will rise.
By 2029, the Botulinum toxin subsegment is anticipated to have the biggest market share and rule the market for cosmetic medical devices. A neurotoxic protein called botulinum toxin is created by the bacterium Clostridium botulinum. Injections of botulinum toxin are known to block nerve signals to the muscle they are delivered to. The amount of needless facial wrinkles or look is reduced since the muscle or tissue cannot bind without a signal. Because of this, both aesthetic and non-cosmetic uses of botulinum toxin concentrations are made, including the treatment of dystonia, chronic migraine, and frown lines between the brows.
Aesthetic Medical Devices Key Players
• Mentor Worldwide LLC (Johnson & Johnson) (U.S.)
• Syneron Medical Ltd. (Candela Corporation) (U.S.)
• Sciton, Inc. (U.S.)
• Fotona (U.S.)
• Solta Medical (Valeant Pharmaceuticals) (U.S.)
• BTL INDUSTRIES, Inc. (U.S.)
• Genesis Biosystems, Inc. (U.S.)
• Implantech (U.S.)
• Galderma (Switzerland)
• Cutera Inc. (U.S.)
• Venus Concept (Canada)
• Lutronic (U.S.)
• Sientra Inc. (California)
• Aesthetic Management Partners (U.S.)
• Cartessa Aesthetic (U.S.)
• Apyx Medical (U.S.)
• Zimmer Biomet (U.S.)
• Implantech (U.S.)
• GALDERMA Laboratories (U.S.)
• Candela Corporation (U.S.)
• Cynosure (U.S.)
• Viora (New York)
• Alma Lasers (Fosun Pharmaceutical Co., Ltd.) (Chicago)
• Hologic, Inc. (U.S.)
• Novartis AG (Switzerland)
• Allergan plc (AbbVie Inc.) (Ireland)
• Merz Pharma (Germany)
• El.En. (Italy)
• Lumenis Ltd. (Israel)
• Bausch Health Companies Inc. (Germany)
• InMode (Israel)
• Anika Therapeutics, Inc.
• Ulthera (India)
Regional Analysis
Aesthetic Medical Devices Region witnessed the highest Market share in 2022 and is anticipated to boost significant growth during the forecast period. The increase in demand in the region is driven by stringent norms & regulations, and supporting government policies is to be an important driver of the Market over the forecast period. The Market report includes Market revenue, geographical situation opportunities, press releases, and an in-depth analysis of the business structure. Several reasons are projected to be advantageous for the region's Aesthetic Medical Devices Market, including the region's increasing aging population, well-developed healthcare infrastructure, supportive governmental policies, and accessibility of medical policy.
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COVID-19 Impact Analysis on Market:
The number of patients increased dramatically as a result of the COVID-19 pandemic. The expansion of healthcare services and other related industries was subsequently impacted by this. It also had a favorable effect on the expansion of the Market. It is mostly caused by a rise in the demand for doctors and other healthcare professionals. During the COVID-19 outbreak, the Market for Aesthetic Medical Devices manufacturers as well as the profits of companies operating in these industries both experienced a sharp failure in business operations. The pandemic caused a spike in interest in online clinics and therapies. Due to lockdowns the import-export restrictions were laid down on the Market.
Key Questions answered in the Market Report are:
What is Market?
What is the forecast period of the Market?
What is the competitive scenario of the Market?
Which region held the largest Market share in the Market?
What are the opportunities for the Market?
What factors are affecting the Market growth?
Who are the key players of the Market?
Which company held the largest share in the Market?
What will be the CAGR of the Market during the forecast period?
What key trends are likely to emerge in the Market in the coming years?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth Drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Aesthetic Medical Devices
Landscape- Leading key players and other prominent key players.
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