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What key factors are powering the surge in the non-surgical cosmetic procedures market right now?
In recent years, there has been a swift expansion in the non-surgical cosmetic procedures market, which is anticipated to rise from $25.81 billion in 2024 to $28.63 billion in 2025, with a compound annual growth rate (CAGR) of 10.9%. Factors contributing to the historical growth include heightened demand for aesthetic improvements, aging population increase, enhanced awareness of health, diversification of distribution networks, and the growing impact of social media.
How fast Is the non-surgical cosmetic procedures market expected to grow, and what’s its future value?
The market size of non-surgical cosmetic procedures is predicted to experience significant expansion in the coming years, reaching a value of $42.9 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 10.6%. This growth during the forecast period can be linked to the rising preference for non-invasive procedures, a greater emphasis on preventing aging, increased use of combination therapies, a shift towards personalized care and treatments, a surge in male clientele, and a focus on maintaining good skin health. Key trends expected to punctuate this period are the implementation of innovative laser technologies, improvements in cosmetic treatment methods, product ingenuity, advances in injection approaches, and general technological progress.
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What are the leading drivers of growth in the non-surgical cosmetic procedures market?
The expansion of the non-surgical cosmetic procedures market is anticipated to be fueled by the increasing emphasis on personal grooming and self-care. These terms pertain to the various practices that people engage in to upkeep their physical look, hygiene, and general wellbeing. The escalating attention to appearance and individual upkeep has been spurred by increasing beauty consciousness, the impact of social media, and the focus on wellness and self-esteem. Non-surgical cosmetic procedures complement personal grooming and self-care by providing swift, minimally invasive alternatives for enhancing looks and augmenting self-assurance. For example, in July 2024, a report released by the British Beauty Council, a UK-based entity, revealed that in 2023, the personal care sector had added £27.2 billion ($30.44 billion) to the GDP, a boost of 11% from 2022. This surge is ascribed to a 10% uptick in home expenditure on personal grooming products and services in the UK. Consequently, the escalating interest in personal grooming and self-care is fuelling the expansion of the non-surgical cosmetic procedures market.
What are the key segments defining the non-surgical cosmetic procedures market?
The non-surgical cosmetic procedures market covered in this report is segmented –
1) By Technique: Botulinum Toxins, Hyaluronic Acid-Based Derma Fillers, Hair Removal, Other Techniques
2) By Gender: Women, Men
3) By End User: Hospitals Or Surgery Centers, MedSpas, Traditional Spas, Healthcare Professionals-Owned Clinics
Subsegments:
1) By Botulinum Toxins: Botox, Dysport, Xeomin, Jeuveau
2) By Hyaluronic Acid-Based Derma Fillers: Juvederm, Restylane, Belotero, Teosyal, Captique
3) By Hair Removal: Laser Hair Removal, Intense Pulsed Light (IPL) Hair Removal, Radiofrequency-Based Hair Removal, Electrolysis
4) By Other Techniques: Chemical Peels, Microdermabrasion, Non-Surgical Fat Reduction, Skin Tightening, Non-Surgical Facelift, Lip Augmentation, Cellulite Treatment, Dermal Micro-Needling
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Who are the key players steering the development of the non-surgical cosmetic procedures market?
Major companies operating in the non-surgical cosmetic procedures market are Johnson & Johnson, AbbVie Inc., Koninklijke Philips N.V., Shiseido Company Limited, Cynosure Inc., Hologic Inc., Galderma S.A., Merz Pharma GmbH and Co KGaA, BTL Industries, InMode Ltd, Lumenis Be Ltd., Sisram Medical Ltd, Cutera Inc., Lutronic Corporation, Anika Therapeutics Inc., Revance Therapeutics Inc., Candela Corporation, Sientra Inc., Fotona d.o.o., Apyx Medical Corp, Strata Skin Sciences, Alma Lasers Ltd, Sciton Inc., EndyMed Medical Ltd, Meritus Health Inc.
What emerging trends are influencing the growth of the non-surgical cosmetic procedures market?
Leading firms in the non-surgical aesthetic procedures market are concentrating on the creation of innovative goods, such as advanced platinum focus lens array technology, to boost accuracy and efficiency in cosmetic procedures. This top-notch technology is employed in beauty apparatus to enhance the focus and precision of energy-based treatments like lasers or light therapies. For instance, Cynosure LLC, a US-based manufacturer, released the PicoSure Pro device in June 2022. This device is an advanced enhancement to its original PicoSure system – the first and only FDA-approved 755nm picosecond laser specifically formulated to handle various skin pigmentation conditions such as melasma, nevus of Ota, and Hori’s nevus. Using a unique delivery method, this device delivers energy within a trillionth of a second, using pressure instead of heat, thus reducing thermal damage and making treatments safer and more viable for every skin type. The platinum focus lenses aids in increasing the production of collagen and elastin, thus helping to treat wrinkles, acne scars, and large pores.
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Which regions are most influential in expanding the non-surgical cosmetic procedures market?
North America was the largest region in the non-surgical cosmetic procedures market in 2024. The regions covered in the non-surgical cosmetic procedures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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