Aesthetic Medicine and Cosmetic Surgery Market Overview
Global aesthetic medicine and cosmetic surgery market sales were valued at around US$ 67.4 Bn at the end of 2021. The market is projected to register 11.7% CAGR and top a valuation of US$ 137.2 Bn by 2032.
“Increasing awareness among people about novel aesthetic and cosmetic treatments and rising demand for non-invasive procedures will attribute the growth in revenue of aesthetic medicine and cosmetic surgery market across the world.”
A developing clinical subspecialty and topic in scientific research, aesthetic medicine and cosmetic surgery include all types of medical procedures intended to enhance the patient’s physical appearance and satisfaction, including all minimally invasive and non-invasive cosmetic procedures.
A novel development in contemporary medicine, aesthetic medicine and cosmetic surgery is a fascinating field. People today want to live life to the fullest, look well, and reduce the effects of natural ageing want to be healthy.
For the treatment of disorders such as scars, skin laxity, cellulite, moles, skin discoloration, excess fat, liver spots, spider veins, and undesirable hair, aesthetic medications and cosmetic surgery are primarily focused on improving cosmetic appearance. These aesthetic medicines and cosmetic surgeries are extremely elective and are carried out on patients who are healthy.
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Nowadays, healthy customers who want to improve their appearance and minimize the apparent signs of ageing have a very high demand for certain aesthetic medicine and cosmetic surgery. The head, neck, and other parts of the body can all be treated with cosmetic surgery and aesthetic medicine. The use of cosmetic surgery encompasses facial rejuvenation, breast augmentation, body sculpting, and skin rejuvenation.
What are the Major Drivers Boosting the Demand for Aesthetic Medicine and Cosmetic Surgery Market?
The aesthetic medicine and cosmetic surgery market are driving due to the increasing awareness about minimally invasive procedures and products among people. Additionally, an increasing number of authorized and licensed derma clinics and specialized hospitals across the world are expected to boost market growth in the forecast period. Furthermore, cost-effective cosmetic treatments are also driving the aesthetic medicine and cosmetic surgery market.
Moreover, the increasing urge of looking young among the aging population is expected to raise the demand for aesthetic medicines and procedures. As well, non-invasive surgeries and Botox procedures are one of the popular treatments mostly preferred by youngsters. Thereby, the growing number of these treatments among the adult population is predicted to increase the market demand in the projected years.
Which Region Shows Strong Growth Potential in the Aesthetic Medicine and Cosmetic Surgery Market?
North America holds the largest share in the aesthetic medicine and cosmetic surgery market. The major factors that are contributing to the market growth in North America are advancements in healthcare infrastructure, the rising prevalence of skin disorders, and advancements in surgical techniques.
Increasing focus on physical appearance and demand for technologically advanced products in India, China, and South Korea are the factors due to which the market in East Asia and South Asia is expected to show lucrative growth. The growing medical tourism and an increasing number of cosmetic surgeries in Australia are expected to boost the aesthetic medicine and cosmetic surgery market growth in Oceania. The Middle East and African region are expected to show substantial growth during the forecast period.
Who are the Key Manufacturers of the Aesthetic Medicine and Cosmetic Surgery Market?
Some of the key manufacturers operating in the aesthetic medicine and cosmetic surgery market are AbbVie Inc., Alma Lasers, Cynosure, GALDERMA, Lumenis Be Ltd., Johnson & Johnson Services, Inc., Bausch Health Companies Inc., Candela Corporation., Evolus, Inc, and Cutera.
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Scope Of Report
Forecast Period
2022-2032
Historical Data Available for
2012-2021
Market Analysis
US$ Mn for Value
By Product
- Surgical Procedures
- Eye Lid Surgery
- Liposuction
- Breast Augmentation
- Fat Grafting
- Rhinoplasty
- Non-Surgical Procedures
- Botulinum Toxin
- Hyaluronic Acid
- Hair removal
- Chemical Peel
Laser Skin Resurfacing
Others
- By End User
Hospitals
- Ambulatory Surgical Clinics
- Dermatology clinics
By Region - North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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Key Players
- AbbVie Inc.
- Alma Lasers
- Cynosure
- GALDERMA
- Lumenis Be Ltd.
- Johnson & Johnson Services, Inc.
- Bausch Health Companies Inc.
- Candela Corporation.
- Evolus, Inc
- Cutera.
Key Segments Covered in the Aesthetic Medicine and Cosmetic Surgery Industry Survey
By Product:
- Surgical Procedures
- Eye Lid Surgery
- Liposuction
- Breast Augmentation
- Fat Grafting
- Rhinoplasty
- Non-Surgical Procedures
- Botulinum Toxin
- Hyaluronic Acid
- Hair removal
- Chemical Peel
- Laser Skin Resurfacing
- Others
By End User:
- Hospitals
- Ambulatory Surgical Clinics
- Dermatology clinics
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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