The Aesthetic Medicine Market Share, Market Size, And Growth Rate 2022
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The aesthetic medicine market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 10%, as per The Business Research Company’s market report!
Read More On The Aesthetic Medicine Market Report 2022 – https://www.thebusinessresearchcompany.com/report/aesthetic-medicine-global-market-report
The Aesthetic Medicine Market Size In 2022 And Forecast
The global aesthetic medicine market is expected to grow from $51.60 billion in 2021 to $56.73 billion in 2022 at a compound annual growth rate (CAGR) of 9.94%. The global aesthetic medicine market size is expected to grow to $82.87 billion in 2026 at a CAGR of 9.94%.
The aesthetic medicine market consists of sales of aesthetic medicine by entities (organizations, sole traders, and partnerships) that refer to non-invasive and minimally invasive devices and instruments, designed to perform procedures focused on improving the physical appearance and satisfaction of the patient.
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Growth In Obese Population Is Driving The Growth Of The Aesthetic Medicine Market
For instance, in 2019, according to a European health interview survey on the overweight or obese population in Europe conducted by Eurostat, the statistical office of the European Union, reported that 52.7% of the adult population of Europe was overweight. Therefore, the growing number of obese populations across the globe is expected to drive the growth of the aesthetic medicine market.
Competitive Landscape And The Regional Analysis Of The Aesthetic Medicine Market
Major players in the aesthetic medicine market are Allergan Plc, Alma Lasers, Cutera, Cynosure, Galderma, Galderma Laboratories, Johnson & Johnson, Lumenis, Merz Pharmaceuticals, Solta Medical, AbbVie, Syneron Candela, El.En. S.p.A., Dentsply Sirona Inc, Evolus, Fotona d.o.o., Medytox Inc, GC Aesthetics, Sientra, and Skin Tech Pharma Group.
Additionally, as per TBRC’s research – North America was the largest region in the aesthetic medicine market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Aesthetic Medicine Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aesthetic medicine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the aesthetic medicine market.
New Product Development – A Key Trend In The Aesthetic Medicine Market
Aesthetic medicine companies are focusing on launching new products and solutions to cater to the needs of various skin types and expand their customer reach. These products can be used in the treatment and patient care for a broad spectrum of skin types resulting in a wider application range.
Aesthetic Medicine Market Segmentation By The Business Research Company
1) By Product: Facial Aesthetic Products, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, Tattoo Removal Devices, Thread Lift Products, Physician-Dispensed Cosmeceuticals and Skin Lighteners, Physician-Dispensed Eyelash Products, Nail Treatment Laser Devices
2) By Procedure Type: Invasive Procedures, Non-Invasive Procedures
3) By End-User: Clinics, Hospitals, and Medical Spas, Beauty Centres, Home Care
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