The global medical aesthetics market Growth Accelerated by Increasing Adoption of Minimally Invasive Procedures


 The medical aesthetics market involves products that enhance or alter the appearance through reconstructive and cosmetic procedures without surgical intervention. Medical aesthetics procedures help improve the aesthetic appearance and rejuvenate the signs of aging with non-invasive or minimally invasive techniques. They offer advantages like minimized downtime, lower costs, and reduced risks associated with surgery.

The global medical aesthetics market is estimated to be valued at US$ 15.2 Bn in 2023 and is expected to exhibit a CAGR of 25% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing adoption of minimally invasive aesthetics procedures has been a key trend fueling the growth of the medical aesthetics market. Minimally invasive procedures allow improvements in skin laxity, fine lines, wrinkles, acne scarring, pigmented lesions, and vascular lesions with minimal discomfort and downtime for patients. The advances in technology have enabled the development of innovative and precise energy-based, injectable, and topical skin care products for minimally invasive aesthetic treatments. Non-surgical options help overcome challenges such as high costs and prolonged recovery associated with traditional cosmetic surgeries. This has boosted the popularity of skin rejuvenation treatments utilizing procedures such as botulinum toxin injections and hyaluronic acid fillers. The rising preference for non-invasive aesthetics will continue driving the demand in the medical aesthetics market over the forecast period.


Segment Analysis:
The medical aesthetics market can be segmented into lasers, injectable, and other segments. The lasers segment dominates the market due to increasing adoption of laser treatments for skin treatments, tattoo removal, scar removal, and vascular lesions reduction. The growing demand for non-invasive aesthetic treatments with minimal downtime is contributing to high growth of this segment.

Key Takeaways:

The global medical aesthetics market is expected to witness high growth over the forecast period of 2023 to 2030, driven by increasing focus on aesthetics and rising disposable income. The global medical aesthetics market is estimated to be valued at US$ 15.2 Bn in 2023 and is expected to exhibit a CAGR of 25% over the forecast period 2023 to 2030.

Regional analysis:
North America dominates the global medical aesthetics market currently due to rising rates of obesity driving increasing adoption of aesthetic treatments. The Asia Pacific region is expected to grow at the highest rate supported by growing medical tourism industry and rising disposable incomes in the region. Countries like China, Japan, India are expected to offer high growth opportunities for market players in the coming years.

Key players:
Key players operating in the medical aesthetics market are Cynosure, Inc., Allergan, Inc., Alma Lasers, Ltd., Mentor Worldwide LLC, Lumenis Ltd., ZELTIQ Aesthetics, Inc., PhotoMedex, Inc., Galderma S.A., Syneron Medical, Ltd., and Solta Medical, Inc. Allergan and Cynosure account for a significant share currently due to their diverse product portfolio and large geographical presence. 

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