Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Aesthetic Medicine Market size and Analysis From 2012 To 2022
1. Aesthetic Medicine Market Size & Forecast by Product Type
(Energy Based Devices (Aesthetic Lasers, Body Contouring
Devices, Microdermabrasion Devices and Ultrasound
Devices), Implants and Anti-wrinkle (Botulinum
toxin/BOTOX, Dermal Fillers and Chemical Peel)), by End-
use (Clinics & Beauty Centers & Home Use) And Trend
Analysis From 2012 To 2022
The global aesthetic medicine market is expected to reach USD 11.9 billion by
2022, according to a new report by Grand View Research, Inc. Some key drivers of
the market include growth in aging population, increasing disposable income, and
increasing awareness about the efficacy of aesthetic treatments.
People aged between 25 to 65 years have prominent aging signs such as wrinkles,
fine lines, and dark spots. For instance, according to the CIA World Fact Book,
approximately 47.2% of the total population of China was aged between 25 to 54
years in 2014. Growth in geriatric population is likely to boost demand via
widening the consumer base.
For instance, according to sources, the U.S. alone had a working population of
139.206 million in 2011. With improving employment rates especially in the
emerging markets, the demand for aesthetic medicine is going to advance over the
forecast period.
View summary of this report @ http://www.grandviewresearch.com/industry-
analysis/medical-aesthetics-market
2. Global Aesthetic Medicine Market, By Product, 2012-2022 (USD Billion)
Further key findings from the study suggest:
Anti-wrinkle products accounted for the largest market share of 50.2% in
2014 owing to high consumer awareness levels regarding product
availability, affordable cost, and high efficacy rates
The segment is expected to maintain its dominance throughout the forecast
period. Minimally invasive technique, lesser side effects, and better results
are some factors that are expected to drive the anti-wrinkle market towards
expedited growth
Botulinum toxin is one of the oldest anti-wrinkle products available in the
market. Therefore, awareness about the effectiveness of this product is high
as compared to other products, resulting in the segment dominating in terms
of revenue share.
3. Hyaluronic acid owing to, low side effects and high efficacy rates also
accounted for a large market share in 2014
Clinics and beauty centers, was the largest end-use segment in 2014 as
majority of the techniques demand skilled professionals to perform the
procedure. Moreover, stringent regulatory guidelines limit the use of high-
risk devices and treatments to professionals. As a result, the clinics and
beauty center segment is expected to maintain its market position throughout
the forecast period.
Asia pacific accounted for the largest market share of around 32.5% in 2014.
Growing penetration of the technologically advanced products, cheaper
treatment cost, and presence of skilled professionals are some factors driving
regional growth. Moreover, growing popularity of the emerging Asia Pacific
countries as medical tourism hubs will boost demand over the forecast
period.
The presence of a large target population pool in China and India between
25 to 65 years coupled with rapidly increasing disposable income and
improving standards of living is spurring the demand for aesthetic medicine
in this region.
Some key players operating in the global market include Allergan, Inc.,
Alma Laser, Cynosure, Galderma S.A., Lumenis, Johnson and Johnson,
Solta Medical, Inc. and Syneron Medical Ltd.
Request for free sample of this report @
http://www.grandviewresearch.com/industry-analysis/medical-aesthetics-
market/request
4. About Grand View Research
Grand View Research, Inc. is a market research and consulting company that
provides off-the-shelf, customized research reports and consulting services. To
help clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and energy. With a deep-seated understanding
of varied business environments, Grand View Research provides strategic
objective insights.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Website: Grand View Research