The market for aesthetics is projected to grow at a steady CAGR of 10.9% during the forecast period from 2017-2023.
There has been a growing awareness and demand for aesthetics due to factors such as technological advancements, such as laser therapy etc. The increasing influence of the film and modelling industry coupled with the development of tourism clusters such as Miami is driving the global market for aesthetics.
Global aesthetic market by treatment comprises of Phototherapy Treatments, Chemical Peels, liposuction, Laser resurfacing. The phototherapy treatments holds the largest market share followed by chemical peels and liposuction. This growth can be attributed to the rapid technological advancement in the aesthetic industry and growing acceptance of aesthetics procedures globally.
On the basis of application the global aesthetics market has been segmented into Body Shaping / Skin Tightening, Sub-Dermal Skin Treatment, Epidermal Skin/Hair Treatment. Shaping / Skin Tightening segment is commanding the largest market share followed by Sub-Dermal Skin Treatment which is expected to be the fastest growing segment during the forecast period 2017-2023.
Globally, aesthetics market is dominated by several major players such Galderma, Allergan, Merz Pharma, Valeant Pharmaceuticals, Integra Lifesciences, Sanofi, Sinclair etc. and others.
Market players of Global Aesthetics Industry:
- Merz Pharma,
- Valeant Pharmaceuticals,
- Integra Lifesciences,
- Sinclair etc.
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On the basis of products, treatment and application.
On the basis of the products, the market has been segmented as implants, injectables and energy based device.
On the basis of the treatment the market has been segmented as phototherapy, treatments, chemical peels, liposuction, laser resurfacing. Similarly,
On the basis of application the market has been classified as body shaping / skin tightening, sub-dermal skin treatment, epidermal skin/hair treatment.
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The aesthetics market is dominated by North America. U.S. is the prime mover of the aesthetic market. However it has to be noted that in the coming future, Latin America despite its lower per capita income will have a healthy share of the market in the Americas region. It is estimated that Latin America will be the fastest growing market in the future. As of the present the European regions is expected to be the second largest market globally, with countries like Germany, UK and France playing a prominent role in the market. Germany accounts for both the largest and the fastest growing nation in the European region aesthetic market, followed by France and UK. This growth can be attributed to the strong medical funding in the region and high demand for aesthetics procedures in the region.
Asia Pacific market is expected to be the fastest growing market during the forecast period 2017-2023. The Asia Pacific region will be led by countries such as China and India. However one of the greatest restraining reasons for the Asia pacific region is the poor per capita income and the high cost of treatment.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Aesthetics Market Research Report- Global Forecast To 2023”
Table of Content
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3 Market Dynamics
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5 Global Aesthetics Market, By Products
Key questions answered in this report
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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