Medical Aesthetics Market Forecast 2030: Analysis for Competitive Landscape, Growth Factors and Rising End-User - Cutera, Cynosure, Alma Lasers
Medical Aesthetics Market Industry Growth, Analysis, Business Trends, Competitive Landscape, Regional Forecast to 2030
New York, NY -- (SBWire) -- 03/19/2020 --Medical aesthetic market can be attributed to several factors which have led to wide scale adoption of products and several devices, which are extensively used to improve physical appearance of patients. Moreover, the growing demand for cosmetic procedures and therapies across the globe is anticipated to further contribute to the substantial growth of the global medical aesthetic market between 2019 and 2030.
Major Players in the Medical Aesthetic Market
The prominent players in the global medical aesthetics market are Cutera, Inc., Cynosure (Hologic), Alma Lasers, Ltd. (Fosun Pharmaceutical Co., Ltd.), Galderma, Mentor Worldwide LLC (Johnson & Johnson), Syneron Medical Ltd., Merz Pharma GmbH & Co. KGaA., Solta Medical, Inc., Lumenis Ltd., and El.En. S.P.A. among others.
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Increasing Adoption of Minimally-Invasive Procedures
Since the advent of minimally-invasive procedures, the adoption of such procedures have witnessed substantial growth in recent times. Shorter hospital admittance time, lesser procedure associated pain and fewer complications have been pivotal in contributing to the growing adoption of minimally-invasive procedures. According to the American Society of Plastic Surgeons (ASPS), the numbers of Americans opting for minimally-invasive cosmetic procedures have witnessed a growth of nearly 200% since 2000. In 2017, the total number of cosmetic procedures performed in U.S. was nearly 1.8 million. Growing preference for minimally-invasive cosmetic procedures in anticipated to further propel the growth of the medical aesthetic market.
Regional Overview:
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing population, continuously growing economy, rising medical tourism and increasing awareness regarding cosmetic treatment and latest technologies is anticipated to present a lucrative growth scenario for the medical aesthetic market in this region. Furthermore, attractive procedure rates, coupled with supportive government healthcare regulations and norms is expected to present an attractive growth prospect for the market in the coming years.
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Table of Contents
INTRODUCTION
Market Definition
Market Ecosystem
Market Classification
Geographic Scope
Years Considered for the Study
Historical Years – 2016 & 2017
Base Year – 2018
Forecasted Years – 2019 to 2030
Currency Used for the Study
Report Beneficiary List
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottoms Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations of the Study
Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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