According to a recent FMI analysis, the worldwide Aesthetic Medical Devices Market Sales will grow at a 9.6% CAGR from 2022 to 2032. The market is anticipated to be valued at US$ 35000 Million by the conclusion of the assessment period. The rise can be attributed mostly to the increased development of technologically advanced and user-friendly technologies, as well as individuals’ growing desire for cosmetic treatments.
Medical aesthetics is a branch of science that combines healthcare and beauty services with lasers or other energy-based technology to improve a person’s physical appearance through minimally invasive procedures. Medical aesthetics encompasses a wide range of solutions and treatments that address the aesthetic needs of consumers for fine line and wrinkle reduction, fat reduction, stretch mark solutions, scar treatment, skin oxygenation and rejuvenation, body contouring and firming botulinum toxin, and skin tightening.
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Medical aesthetics is a sort of face beauty cleaning that makes use of technically advanced surgical and non-surgical techniques. It combines attractiveness and medical labour. cosmetic medical devices are used to address injuries caused by cosmetic conditions such as crimps, excess fat, scar surgery, hair replantation, hair loss, and skin discolouration. In 2015, around 38,097,209 aesthetic/cosmetic procedures were performed worldwide, according to the International Society of Aesthetic Plastic Surgery (ISAPS).
Key Takeaways from the Market Study
- FMI projects the global Aesthetic Medical Devices market to expand at a 9.6% value CAGR by 2032
- The global Aesthetic Medical Devices market is expected to garner a market value of US$ 35,000 Million
- North America is expected to grow at a CAGR of 9.5% during the assessment period 2022 to 2032.
- As per Future Market Insights, the Asia Pacific is expected to grow at a CAGR of 8.7% during the assessment period 2022 to 2032.
- Europe is expected to at a CAGR of 9% during the forecast period 2022 to 2032.
- The hospitals and clinics segment is expected to hold the largest market share for Aesthetic Medical Devices in the forecast period 2022 to 2032.
“During the projection period, the United States market is anticipated to lead the market in North America. This is owing to the excellent healthcare system, technological developments, and strong government financial backing. Furthermore, the growing senior population, peer pressure to seem younger, and the expanding obese or overweight population are fuelling the country’s market growth,” says an analyst at FMI
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Market Competition
Key players in the automotive axles market are Alma Lasers, Merz Pharma, Bausch Health Companies Inc., Lumenis Be Ltd., Venus Concept, Candela Corporation, Cutera Inc., Fotona and Asclepion Laser Technologies GmbH.
Recent Developments
- In December 2021CUTERA, INC. will debut the next generation of truSculpt flex, a quick treatment mode based on Cutera’s unique Multi-Directional Stimulation. It achieves the same toning, firming, and strengthening effects in a fraction of the time.
- Alma Lasers will debut the new Alma PrimeX platform during a worldwide LIVE launch event in April 2021. Alma PrimeX, the category’s top performer, produced unrivalled results in circumference reduction and skin tightening in the belly, waist, thighs, and buttocks.
- Candela announced the launch of the Frax Pro system in January 2021. The FDA-approved, non-ablative fractional device is the first to offer dual-depth skin resurfacing with the Frax 1550 and Frax 1940 applicators. The two modalities work on distinct levels of the skin, promoting new collagen formation and displaying smoother, brighter skin.
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global automotive axle market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022 to 2032.
The study reveals essential insights on the basis of By Technology {Laser-Based, Electromagnetic Energy-Based, Ultrasound-Based, Cryolipolysis, Suction-Based, and Plasma Energy-Based), Application (Facial Skin Resurfacing, Photorejuvenation, Hair Removal, Fat Reduction and Body Contouring, Skin Tightening, Cellulite Reduction, Feminine Rejuvenation, Tattoos and Pigmentation, Acne and Acne Scars, Vascular Lesions, and Others), and End User (Dermatology and Cosmetic Clinics, Hospitals and Clinics, Medical Spas, and Home Use) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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