Global Aesthetic and Cosmetic Surgery Devices Market Size, Analysis and Forecast
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The world-class Aesthetic and Cosmetic Surgery Devices Market Report offers a sustainable, forward-looking growth program, to ensure the business success that is critical to organizations. This report contains historical data, current market trends, environment, technological innovations, upcoming technologies, and technical advances in related industries. This market research report is a complete picture of the market, covering various aspects such as product definition, segmentation based on various parameters, and existing vendor landscape. The Aesthetic and Cosmetic Surgery Devices Market Study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Data Bridge Market Research analyses that the global aesthetic and cosmetic surgery devices market, which was USD 3.16 billion in 2023, is expected to reach USD 5.59 billion by 2031, and is expected to undergo a CAGR of 7.4% during the forecast period of 2024 to 2031.
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Report Scope and Market Segmentation
REPORT METRIC
DETAILS
Forecast Period
2024 to 2031
Base Year
2023
Historic Years
2022 (Customizable to 2016-2021)
Quantitative Units
Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered
Type (Energy-Based Aesthetic Device, and Non-Energy Based Aesthetic Device), Raw Material (Polymers, Metals and Biomaterials), Application (Skin Resurfacing and Tightening, Anti-Aging, Wrinkle Reduction, Face Lift, Lip Augmentation, Hair Removal, Body Contouring and Cellulite Reduction, Tattoo Removal, Breast Augmentation, and Others), Body Parts (Face, Eyes, Nose, Lip, Ears, Body and Extremities, Neck, and Scalp), End User (Clinics, Ambulatory Surgical Clinics, Hospitals, Dermatology and Cosmetology Clinics, Dental Clinics and Others), Distribution Channel (Direct Tender, and Retail Pharmacies)
Countries Covered
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered
Johnson & Johnson Services, Inc. (U.S.), AbbVie Inc. (U.S.), AirXpanders, Inc. (U.S.), BonashMedical (Iran), Coloplast Corp (Denmark), Establishment Labs. (Costa Rica), GC Aesthetics (Ireland), HansBioMed. (South Korea), IDEAL IMPLANT INCORPORATED (U.S.), Implantech (U.S.), KOKEN CO., LTD. (Japan), PMT Corporation (U.S.), POLYTECH Health & Aesthetics GmbH (Germany), Rigicon, Inc. (U.S.), Sebbin (France), lipoelasticshop.com (Czech Republic)
Market Opportunities
Shift in Beauty Standards and Social Media Influence
Increasing Demand for Minimally Invasive Procedures
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Market Definition
Aesthetic and cosmetic surgery devices encompass a range of tools and equipment used in procedures to enhance physical appearance. These include lasers for hair removal, skin rejuvenation devices, liposuction equipment, and injectables such as dermal fillers. Such devices contribute to the evolving landscape of cosmetic enhancements, offering diverse options for individuals seeking aesthetic improvements.
Global Aesthetic and Cosmetic Surgery Devices Market Dynamics
Drivers
Aging Population Create Demand for Anti-Aging Treatments
The global aging population has fueled a surge in demand for anti-aging treatments, driving the adoption of cosmetic devices aimed at maintaining youthful appearances. This demographic shift underscores the growing significance of age-defying procedures, propelling market growth for aesthetic and cosmetic surgery devices worldwide.
Growing Prevalence of Skin Disorders
The rising prevalence of skin disorders such as acne, pigmentation, and scars has fueled demand for solutions in skin rejuvenation. This trend prompts the adoption of advanced cosmetic devices designed to address such conditions effectively. Consequently, the market sees a surge in demand for innovative technologies catering to these specific dermatological needs.
Opportunities
Shift in Beauty Standards and Social Media Influence
Evolving beauty standards, shaped by social media and celebrity influence, are driving a surge in demand for aesthetic procedures, particularly among younger demographics. The desire to attain idealized appearances promoted online has propelled individuals to seek cosmetic enhancements, fueling growth in the aesthetic surgery devices market.
Increasing Demand for Minimally Invasive Procedures
The aesthetic and cosmetic surgery devices market is propelled by a rising preference for minimally invasive procedures, fueled by their advantages of reduced downtime, minimal scarring, and faster recovery. This growing demand underscores the need for specialized devices, driving innovation and development in the industry to meet the increasing popularity of less invasive treatment options.
Restraints/Challenges
Regulatory Hurdles Leads to Delay in Devices
Stringent regulations and lengthy approval processes imposed by entities such as the FDA delay the market entry of new aesthetic and cosmetic surgery devices. This hampers innovation and product development, stifles competition, and prolongs the time-to-market, impacting manufacturers' ability to meet evolving consumer demands and potentially limiting patient access to advanced treatments.
Key questions answered in the Aesthetic and Cosmetic Surgery Devices Market are:
What is Aesthetic and Cosmetic Surgery Devices Market?
What was the Aesthetic and Cosmetic Surgery Devices Market size in 2022?
What are the different segments of the Aesthetic and Cosmetic Surgery Devices Market?
What growth strategies are the players considering to increase their presence in Aesthetic and Cosmetic Surgery Devices Market?
What are the upcoming industry applications and trends for the Aesthetic and Cosmetic Surgery Devices Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Aesthetic and Cosmetic Surgery Devices Market?
What major challenges could the Aesthetic and Cosmetic Surgery Devices Market face in the future?
What segments are covered in the Aesthetic and Cosmetic Surgery Devices Market?
Who are the leading companies and what are their portfolios in Aesthetic and Cosmetic Surgery Devices Market?
What segments are covered in the Aesthetic and Cosmetic Surgery Devices Market?
Who are the key players in the Aesthetic and Cosmetic Surgery Devices Market?
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