Non-Invasive Aesthetic Treatment Market Forecast 2023-2027 By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s non-invasive aesthetic treatment market report forecasts the non-invasive aesthetic treatment market size to grow to $99.12 Billion by 2027, with a CAGR (compound annual growth rate) of more than 14%.
Learn More On The Non-Invasive Aesthetic Treatment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/non-invasive-aesthetic-treatment-global-market-report
Non-Invasive Aesthetic Treatment Market Size Forecast
The global non-invasive aesthetic treatment market is expected to grow from $49.6 billion in 2022 to $57.27 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The non-invasive aesthetic treatment market size is expected to grow to $99.12 billion in 2027 at a CAGR of 14.7%.
North America held the largest non-invasive aesthetic treatment market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Non-Invasive Aesthetic Treatment Market Driver – Increase In Focus On Physical Appearance Among Adults
According to a survey published in 2020 by RealSelf, a US-based healthcare marketplace where customers can research aesthetic treatments and connect with doctors, 62% of Americans use anti-ageing products as part of their day-to-day skincare routine. Therefore, increasing focus on physical appearance is expected to boost demand for non-invasive aesthetic treatment during the forecast period.
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Key Non-Invasive Aesthetic Treatment Market Trend – Technological Advancement
The companies operating in the non-invasive aesthetic treatment are increasingly focusing on developing innovative products with advanced technology and greater product efficiency. For instance, in January 2020, InMode Ltd., an Israel-based company specializing in minimally and non-invasive surgical aesthetic and medical treatment solutions, launched Evoke, a unique non-invasive facial reshaping solution. Evoke is a radiofrequency-based platform that uses regulated and uniform heating of the skin and subdermal tissue to treat patient’s cosmetic concerns.
Non-Invasive Aesthetic Treatment Market Segment
1) By Product: Injectable, Skin Rejuvenation
2) By End Use: Hospitals & Surgery Centers, Medical Spa, Clinics, Traditional Spa, HCP Owned Clinic
Non-Invasive Aesthetic Treatment Market Major Players and Strategies
Major players in the non-invasive aesthetic treatment market are Galderma S.A., Allergen, Cutera Inc., Alma Lasers, Cynosure, Solta Medical, Syneron Candela, Lumenis, Merz Pharma, Hologic Inc., Revance Therapeutics Inc., Bausch Health Companies Inc., Rohrer Aesthetics, and Sinclair.
In January 2022, Galderma, a Switzerland-based company specializing in dermatological treatments and skincare products, acquired ALASTIN Skincare Inc for an undisclosed amount. The acquisition by Galderma is focused on enhancing its product portfolio in the premium segment and research & development activities in the dermatology sector. ALASTIN Skincare Inc is a USA-based provider of clinically tested skincare products.
The Non-Invasive Aesthetic Treatment Global Market Report 2023 covers regional data on non-invasive aesthetic treatment market size, non-invasive aesthetic treatment market trends and drivers, opportunities, strategies, and non-invasive aesthetic treatment market competitor analysis. The countries covered in the non-invasive aesthetic treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Non-invasive aesthetic treatment refers to products, which are used in cosmetic medical procedures that do not involve surgery or incision. Non-invasive aesthetic treatments are painless or involve minimal, temporary pain, and have minimal downtime and low risk of complications.
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