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Aesthetic Medicine Market size was valued at USD 9.2 billion in 2017 and is expected to witness more than 10% CAGR from 2018 to 2024.
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Aesthetic Medicine Market size to surpass USD 18.5 bn by 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Aesthetic Medicine Market : • Aesthetic Medicine Market size is set to exceed USD 18.5 billion by 2024; according to a new research report by Global Market Insights. • Increasing awareness among people regarding aesthetic improvements will drive the global aesthetic market during the forecast period. According to the International Society of Aesthetic Plastic Surgery, around 2.5 million facial rejuvenation procedures were recorded globally in 2016. Growing urge among people to look fit and youthful, high healthcare expenditure and availability of advanced healthcare facilities in developed economies will boost the demand for aesthetic procedures. Rising prevalence of obesity across the world will further drive the demand for fat reduction procedures thereby augmenting the aesthetic medicine market growth.
Continued... • Technological advancements in surgical and non-surgical aesthetic procedures to offer convenient, effective and less invasive treatments will serve to be another major driver that will surge the aesthetic medicine industry growth. Development of advanced devices such as miraDry system for hyperhidrosis, ideal implants for breast augmentation as well as nova threads for facelift procedures will increase the adoption of aesthetic procedures. Moreover, increasing investment in R&D to innovate novel technologies and products will accelerate the aesthetic medicine industry growth. However, excessive costs associated with medical aesthetic procedures and devices coupled with lack of reimbursement may impede the market growth over the analysis period. Stringent regulations regarding design, manufacture and import of medical aesthetic devices will further restrain the aesthetic medicine market growth. • Non-surgical procedures segment accounted for the highest revenue share in 2017 and is estimated to show 10.8% CAGR during the forecast period.
India Aesthetic Medicine Market, By Product, 2013 – 2024, (USD Million)
Browse Full Market Research Report On Aesthetic Medicine Market @ h https://bit.ly/2KBRtyH Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2687
360° Analysis • Application Trends • Technological advancements in surgical and non-surgical aesthetic procedures to offer convenient, effective and less invasive treatments will serve to be another major driver that will surge the aesthetic medicine industry growth. Development of advanced devices such as miraDry system for hyperhidrosis, ideal implants for breast augmentation as well as nova threads for facelift procedures will increase the adoption of aesthetic procedures. • Regional Trends • North America aesthetic medicine market dominated the global industry with USD 3.9 billion in 2017 and is estimated to witness lucrative growth during the analysis period. Growing awareness regarding importance of aesthetic appearance, availability of technologically advanced procedures and growing inclination of people towards less invasive procedures are the key factors that will boost the regional growth. • Competitive Market Share • Some of the key players operating in global aesthetic medicine market include Allergan, Alma Laser, Cynosure, Galderma, Lumenis, Johnson& Johnson, Merz Aesthetics, PhotoMedex, Syneron Medical, Valeant International and Zeltiq Aesthetics.
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