U.A.E Aesthetics/Cosmetics Market Share, Trends, Key Drivers, Demand, Opportunities,Technologies and Competitive Outlook
In August 2021, according to Dubai International Pharmaceutical and Technologies Conference and Exhibition, Dubai has been ranked sixth globally for its top medical facilities. The country saw around 350,118 visitors, registering a rise of 4% in health tourism arrivals in 2021 from the previous year. Therefore, the U.A.E aesthetics/cosmetics market is estimated to increase rapidly in the near future.
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Data Bridge Market Research analyzes that the U.A.E Aesthetics/Cosmetics Market is expected to grow at a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 427.51 million by 2030. In 2023, the product segment is expected to dominate the market due to a rise in awareness of aesthetic procedures.
Key Findings of the Study
The U.A.E aesthetics/cosmetics market is anticipated to reach a value of USD 427.51 million by 2030, with a CAGR of around 8.3% during the forecast period from 2023 to 2030
The products segment was dominating the market in 2022 due to the beliefs and trends of aesthetic surgery in young adults
The dermatology centers segment holds the maximum market share as a higher number of patients prefer to visit dermatology centers for cosmetic surgeries and treatment. The dermatology centers segment is growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
The direct tender segment is expected to dominate the market as this distribution channel is mostly preferred in this market. The direct tender segment is growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
The U.A.E aesthetics/cosmetics market is expected to register lucrative growth over the forecast period of 2023 to 2030 owing to the rising prevalence of minimally invasive procedures
Segment Analysis
The U.A.E aesthetics/cosmetics market is segmented into nine notable segments based on product and services, raw material, procedure, application, age group, patient type, nationality, end user, and distribution channel.
Based on product and services, the market is segmented into products and services. In 2023, the products segment is expected to dominate the market with a market share of 78.02% and is expected to reach USD 340.81 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
Based on raw material, the market is segmented into polymers, metals, ceramics, resin composite, silicon, titanium, and others. In 2023, the polymers segment is expected to dominate the market with a market share of 26.04% and is expected to reach USD 128.97 million by 2030, growing with a CAGR of 10.2% in the forecast period of 2023 to 2030.
Based on procedure, the market is segmented into cosmetic procedure and reconstruction procedure. In 2023, the cosmetic procedure segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
Based on application, the market is segmented into invasive procedures and non-invasive procedures. In 2023, the invasive procedures segment is expected to dominate the market with a market share of 58.62% and is expected to reach USD 257.56 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
Based on age group, the market is segmented into child, adult, and geriatric. In 2023, the adult segment is expected to dominate the market with a market share of 54.39% and is expected to reach USD 249.15 million by 2030, growing with a CAGR of 9.2% in the forecast period of 2023 to 2030.
Based on patient type, the market is segmented into male and female. In 2023, the female segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
Based on nationality, the market is segmented into foreign nationals and emirates. In 2023, the foreign nationals segment is expected to dominate the market with a market share of 60.18% and is expected to reach USD 270.44 million by 2030, growing with a CAGR of 8.9% in the forecast period of 2023 to 2030.
Based on end user, the market is segmented into hospitals, multispecialty clinics, home care settings, medical spas & beauty centers, dermatology centers, and others. In 2023, the dermatology centers segment is expected to dominate the market with a market share of 28.72% and is expected to reach USD 140.47 million by 2030, growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
Based on distribution channel, the market is segmented into direct tender and retail sales. In 2023, the direct tender segment is expected to dominate the market with a market share of 65.18% as the distribution channel is mostly preferred in this market and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
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