About Aesthetic Medicine
Aesthetic Medicine comprises all medical procedures that are intended at enhancing the physical appearance of the user with non-invasive or minimally invasive cosmetic measures. Aesthetic Medicine is not only limited to dermatologists and plastic surgeons as physicians of all specialties offer services to address the patient's aesthetic requirements and needs. Some Aesthetic Medicine procedures are performed under local anesthesia while some procedures don't require anesthesia at all
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market for Aesthetic Medicines is fragmented with the presence of international as well as local players. The companies may be involved in implementing strategies like mergers, acquisitions, collaborations, and new improved product launches to increase their market share. An increase in the market of Aesthetic Medicines can be predicted due to the increasing awareness about aesthetics Analyst at AMA Research estimates that United States and European Players will contribute the maximum growth to Global Aesthetic Medicine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allergan (Ireland), Alma Laser (United States), Cynosure (United States), Galderma (Switzerland), Johnson and Johnson (United States), Solta Medical International Inc. (United States), Syneron Medical (United States), Skin Tech Pharma Group (Spain), Sinclair Pharm (United Kingdom), Candela Medical (United States) and Lumenis (Israel) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Aesthetic Medicine market by Type (Injectable Fillers, Cream, Ointment, Capsules and Others), Application (Instant Rejuvenation, Wrinkle Prevention, Weight Loss, Skin Tightening and Others) and Region.
On the basis of geography, the market of Aesthetic Medicine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Aesthetic Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sale will boost the Aesthetic Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Surgical {Liposuction, Breast augmentation, Eyelid Surgery, Nose reshaping, and Others} will boost the Aesthetic Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The rising popularity of non-invasive aesthetic medicines
Market Growth Drivers:
Increased aesthetics consciousness in people with signs of aging, wrinkles, loose facial skin and dark spots looking surgical or non-surgical corrective measures to enhance their appearance and Presence of large geriatric population and adults prone to dermatological problems owing to unhealthy and hectic lifestyle
Challenges:
Side effects associated with the usage of aesthetic medicines and High Cost linked with the applications of aesthetic medicines
Restraints:
Stringent regulatory measures concerning the safety and efficiency of aesthetic medicines
Opportunities:
There is an increased opportunity for pharmaceuticals companies for meeting the expanding demands for people looking for enhancing their appearance and Over the counter availability of the aesthetic medicines can boost the market share for pharmacies and specialty stores
Market Leaders and their expansionary development strategies
In January 2020, Allergan announced the launch of the SkinMedica® Instant Bright Eye Cream for enhancing the skin around eyes and In July 2019, Cynosure division announced the launch of two new aesthetic treatments products-the TempSure® Firm handpiece and a petite mask for SculpSure® submental treatments
Key Target Audience
Pharmaceutical Companies, Healthcare Companies, Investors, Distributors/Traders, Importers/Exporters, Regulatory and Government Bodies, Downstream Vendors, Up-Stream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.