Product Code: r4326
“Aesthetic Medicine Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aesthetic medicine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for aesthetic medicine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aesthetic medicine market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Product: Facial Aesthetic Products; Body Contouring Devices; Cosmetic Implants; Hair Removal Devices; Skin Aesthetic Devices; Tattoo Removal Devices; Thread Lift Products; Physician-dispensed Cosmeceuticals and Skin Lighteners; Physician-dispensed Eyelash Products; Nail Treatment Laser Devices
- 2) By Procedure Type: Invasive Procedures; Non-Invasive Procedures
- 3) By End User: Clinics, Hospitals, and Medical Spas; Beauty Centres; Home Care
- Companies Mentioned: Allergan PLC.; Alma Lasers; Cutera; Cynosure; Galderma
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the aesthetic medicine market are: Allergan PLC., Alma Lasers, Cutera, Cynosure, Galderma, Galderma Laboratories, Johnson & Johnson, Lumenis, Merz Pharmaceuticals, Solta Medical, AbbVie, Syneron Candela, El.En. S.p.A., Dentsply Sirona Inc., Evolus, Fotona d.o.o., Medytox Inc., GC Aesthetics, Sientra, and Skin Tech Pharma Group.
The global aesthetic medicine market grew from $56.93 billion in 2022 to $62.8 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. 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 aesthetic medicine market is expected to grow to $91.27 billion in 2027 at a CAGR of 9.8%.
The aesthetic medicine market consists of sales of chemical peels, cosmetic dermatology treatments, dermal fillers, and hair transplant. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods
Aesthetic medicine refers to a growing field of medicine that is separate from plastic surgery and offers minimally invasive medical procedures to improve patients' pleasure with their physical appearance. These elective operations are carried out on healthy adult patients. The medical aesthetic treatments carried out through these aesthetic medicine products include non-invasive lipolysis, hair restoration and removal, cellulite reduction, wrinkle reduction, skin renewal & resurfacing, and others.
North America was the largest region in the aesthetic medicine market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aesthetic medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main products of aesthetic medicine include facial aesthetic products, body contouring devices, cosmetic implants, hair removal devices, skin aesthetic devices, tattoo removal devices, thread lift products, physician-dispensed cosmeceuticals and skin lighteners, physician-dispensed eyelash products, and nail treatment laser devices. The facial aesthetic refers to the products used in facial aesthetics treatments and procedures. Facial aesthetics consists of a range of non-surgical treatments performed on the face, which includes botox, fillers, and anti-wrinkle injections. The types of procedures in aesthetic medicine includes invasive procedures and non-invasive procedures. They are used in clinics, hospitals, and medical spas, beauty centres, and home care units.
The growing obese populations across the globe is expected to propel the growth of the aesthetic medicine market. The increase in unhealthy food consumption, lack of physical activity, and parental & postnatal influences are contributing to rapid growth in the obese population across the globe. Individuals with obesity, seek aesthetic medicine for fat reduction, meso/face-lift, and other benefits through various invasive and non-invasive aesthetic medicine procedures. For instance, in July 2021, according to a European health interview survey on the overweight or obese population in Europe conducted by Eurostat, the statistical office of the European Union, reported that 52.7% of the adult population of Europe was overweight. Therefore, the growing number of obese populations across the globe is expected to drive the growth of the aesthetic medicine market.
New product development for a wide spectrum of skin types is a key trend in the aesthetic medicine market. Aesthetic medicine companies are focusing on launching new products and solutions to cater to the needs of various skin types and expand their customer reach. These products can be used in the treatment and patient care for a broad spectrum of skin types resulting in a wider application range. For instance, in September 2020, Allergan Aesthetics, an American pharmaceutical company, and Skinbetter Science, a US-based skincare company launched the DREAM initiative (DREAM: Driving Racial Equity in Aesthetic Medicine). This will help in the development of new products for all kinds of racial and ethnic groups so that aesthetic providers can meet the needs of all patients. In addition, in March 2020, Galderma, a Swiss pharmaceutical company announced to make significant investments to grow its aesthetic portfolio, including digital enhancements to ASPIRE Galderma Rewards.
In May 2020, AbbVie, an American biopharmaceutical company acquired Allergan for USD 63 billion. This acquisition is expected to diversify AbbVie's portfolio and create cost efficiency in R&D commercialization activities. Allergan is an American developer and manufacturer of aesthetic medicines and other products.
The countries covered in the aesthetic medicine market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The aesthetic medicine market research report is one of a series of new reports from The Business Research Company that provides aesthetic medicine market statistics, including aesthetic medicine industry global market size, regional shares, competitors with a aesthetic medicine market share, detailed aesthetic medicine market segments, market trends and opportunities, and any further data you may need to thrive in the aesthetic medicine industry. This aesthetic medicine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Aesthetic Medicine Market Characteristics
3. Aesthetic Medicine Market Trends And Strategies
4. Aesthetic Medicine Market - Macro Economic Scenario
- 4.1 COVID-19 Impact On Aesthetic Medicine Market
- 4.2 Ukraine-Russia War Impact On Aesthetic Medicine Market
- 4.3 Impact Of High Inflation On Aesthetic Medicine Market
5. Aesthetic Medicine Market Size And Growth
- 5.1. Global Aesthetic Medicine Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Aesthetic Medicine Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Aesthetic Medicine Market Segmentation
- 6.1. Global Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Facial Aesthetic Products
- Body Contouring Devices
- Cosmetic Implants
- Hair Removal Devices
- Skin Aesthetic Devices
- Tattoo Removal Devices
- Thread Lift Products
- Physician-dispensed Cosmeceuticals and Skin Lighteners
- Physician-dispensed Eyelash Products
- Nail Treatment Laser Devices
- 6.2. Global Aesthetic Medicine Market, Segmentation By Procedure Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Invasive Procedures
- Non-Invasive Procedures
- 6.3. Global Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Clinics, Hospitals, and Medical Spas
- Beauty Centres
- Home Care
7. Aesthetic Medicine Market Regional And Country Analysis
- 7.1. Global Aesthetic Medicine Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Aesthetic Medicine Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Aesthetic Medicine Market
- 8.1. Asia-Pacific Aesthetic Medicine Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Aesthetic Medicine Market
- 9.1. China Aesthetic Medicine Market Overview
- 9.2. China Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Aesthetic Medicine Market
- 10.1. India Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Aesthetic Medicine Market
- 11.1. Japan Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Aesthetic Medicine Market
- 12.1. Australia Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Aesthetic Medicine Market
- 13.1. Indonesia Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Aesthetic Medicine Market
- 14.1. South Korea Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Aesthetic Medicine Market
- 15.1. Western Europe Aesthetic Medicine Market Overview
- 15.2. Western Europe Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Aesthetic Medicine Market
- 16.1. UK Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Aesthetic Medicine Market
- 17.1. Germany Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Aesthetic Medicine Market
- 18.1. France Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Aesthetic Medicine Market
- 19.1. Eastern Europe Aesthetic Medicine Market Overview
- 19.2. Eastern Europe Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Aesthetic Medicine Market
- 20.1. Russia Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Aesthetic Medicine Market
- 21.1. North America Aesthetic Medicine Market Overview
- 21.2. North America Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Aesthetic Medicine Market
- 22.1. USA Aesthetic Medicine Market Overview
- 22.2. USA Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Aesthetic Medicine Market
- 23.1. South America Aesthetic Medicine Market Overview
- 23.2. South America Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Aesthetic Medicine Market
- 24.1. Brazil Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Aesthetic Medicine Market
- 25.1. Middle East Aesthetic Medicine Market Overview
- 25.2. Middle East Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Aesthetic Medicine Market
- 26.1. Africa Aesthetic Medicine Market Overview
- 26.2. Africa Aesthetic Medicine Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Aesthetic Medicine Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Aesthetic Medicine Market Competitive Landscape And Company Profiles
- 27.1. Aesthetic Medicine Market Competitive Landscape
- 27.2. Aesthetic Medicine Market Company Profiles
- 27.2.1. Allergan Plc
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Alma Lasers
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Cutera
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Cynosure
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Galderma
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Aesthetic Medicine Market
29. Aesthetic Medicine Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer