The global medical aesthetics devices market size was US$ 10.8 billion in 2021. The global medical aesthetics devices market size is forecast to reach US$ 41.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 15.9% during the forecast period from 2022 to 2030.
The purpose of medical aesthetic devices is to treat impairments related to the aesthetic appearance of a person, such as skin sagging, excess fat, cellulite, scars, moles, wrinkles, unwanted hair, liver spots, spider veins, and discoloration of the skin. In aesthetic medicine, physicians may use both surgical and non-surgical procedures to enhance a patient’s appearance. The use of aesthetic implants may use to replace functional or missing body parts due to accidents, injuries, or congenital disorders.
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Factors Influencing Market Growth
There is a growing demand for minimally invasive reconstruction surgeries, road accidents, trauma cases, congenital face and tooth deformities, technological advances, awareness programs, a high incidence of breast cancer, and an increase in the number of cosmetology surgeons driving the global market growth.
A high cost of treatment, low reimbursements, and the risk of implant malfunctions may slow down the overall market growth.
Growing medical tourism, consumers’ preference for a better quality of life, and the popularity of celebrities motivating a younger generation to look more attractive are factors expected to provide numerous opportunities for global market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic has impacted the medical aesthetics device market adversely. Cosmetic and aesthetic device manufacturers had to shut down their worldwide production and supply units after a global lockdown imposed by the governments in order to control the spread of the virus during the outbreak of the COVID-19. Moreover, devices that have probes that come in contact with the skin, such as excimer lamps and skin-tightening devices, pose a high risk of transmitting the COVID-19 virus.
Regional Insights
North America captured the largest share of revenue in 2021. The number of people undergoing aesthetic procedures for enhancing aesthetics is growing rapidly in the United States. Numerous leading companies are actively competing in this market. Companies in this sector emphasize product innovation collaborations in order to grow the market share. Innovative technologies are becoming increasingly popular in the United States, presenting market leaders with great growth potential. Additionally, the growing prevalence of obesity in the region owing to sedentary lifestyles will be a high impact factor in the market growth in the region.
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Leading Competitors
The leading prominent companies profiled in the global medical aesthetics devices market are:
Abbvie Inc. (Allergan PLC)
Alma Lasers Ltd (Sisram Med)
Bausch Health Companies Inc. (Solta Medical Inc.)
Cutera Inc.
El.En. (Asclepion Laser Technologies)
Cynosure
Lumenis Inc.
Sciton Inc.
Syneron Medical Ltd
Galderma
Johnson & Johnson
Merz Pharma GmbH & Co. KGaA
Other Prominent Players
Scope of the Report
The global medical aesthetics devices market segmentation focuses on Product, Application, End-User, and Region.
Segmentation based on Product
Devices
Aesthetic Lasers
? Ablative Lasers
? Non-ablative Lasers
Skin Tightening & Body Contouring Devices
? Liposuction Devices
? Skin Tightening Devices
? Cellulite Reduction devices
Aesthetic Implants
Dental Implants
? Root Form Dental Implants
? Plate Form Dental Implants
Breast Implants
? Saline Filled
? Silicone Gel-Filled
Facial Implants
Other Implants
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Segmentation based on Application
Surgical
o Face & Head
? Brow Lift
? Ear Surgery
? Eyelid Surgery
? Facelift
? Facial Bone Contouring
? Facial Fat Grafting
? Neck Lift
? Hair Transplantation
? Rhinoplasty
o Breast
? Breast Augmentation
? Breast Lift
o Body & Extremities
? Abdominoplasty
? Buttock Augmentation
? Buttock Lift
? Liposuction
? Lower Body Lift
? Penile Enlargement
? Thigh Lift
? Upper Arm Lift
? Upper Body Lift
? Labiaplasty
? Vaginal Rejuvenation
Non-surgical
Segmentation based on End-User
Hospitals & Clinics
Medical Spas & Beauty Centers
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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