Global Facial Aesthetics Market Overview:
Facial aesthetics are non-surgical treatments that help in revitalizing the skin. Facial aesthetics are brisk and simple and far less expensive which is done through some devices or aesthetic implants. It’s a decent initial step for women as well as men to accept and implement a wider range of medical aesthetic services. It has additionally pulled in a huge following from patients who might never have thought about healing surgery yet are very satisfied with snappy and short-term care. Dermal fillers and botulinum toxin are used to restore the skin’s naturally youthful appearance. Non-surgical cosmetic interventions can be performed by anyone, and anyone can set up training courses. There are no guidelines regarding what constitutes adequate training or verification of courses at present.
As per latest study released by AMA Research, the Global Facial Aesthetics market is expected to see growth rate of 15.7%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
High Growth Market | Asia Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Adoption of Minimally Invasive and Noninvasive Aesthetic Procedures and Increasing Demand for Aesthetic Treatments among Men
Market Growth Drivers:
Increasing Number of Clinics and Medical Spas and High Availability of Financial and Infrastructural Resources with Hospitals
Challenges:
Low Reimbursements
Restraints:
High Cost of Treatment and Risk of Malfunctions Associated Mostly With Implants
Opportunities:
The Availability of Technologically Advanced & User-Friendly Products and Technologically Advanced Devices
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Allergan (Ireland), Solta Medical International Inc. (United States), Syneron Medical (United States), Photomedex, Inc. (United States), Cynosure (United States), Lumenis Ltd. (Israel), Johnson & Johnson (United States), Zeltiq Aesthetics (United States), Merz Pharmaceuticals GmbH (Germany), Galderma (Switzerland), Alma Lasers Ltd. (Israel), Bausch Health Companies Inc. (Canada), Merz Pharmaceuticals GmbH (Germany), Novartis AG (Switzerland) and Nestlé Skin Health (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like Anika Therapeutics Inc. (United States), Teoxane SA (Switzerland), Alpha Aesthetics (United States) and Galderma Laboratories, L.P. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Facial Aesthetics market by 2030. Considering Market by Product Type, the sub-segment i.e. Dermal Fillers will boost the Facial Aesthetics market. Considering Market by End-Use, the sub-segment i.e. Men will boost the Facial Aesthetics market.
Latest Market Insights:
In October 2023, L'Oreal and Valeant partnered on a New Injectable Filler. This partnership combines L'Oreal's expertise in skincare with Valeant's experience in developing injectable fillers. The new product, Restylane Lyft with Hyaluronic Acid Lidocaine, is expected to launch in 2024.
In September 2023, Johnson & Johnson and Galderma partnered on an AI-powered Skin Analysis Tool. This partnership aims to develop a tool that uses artificial intelligence to analyze skin health and recommend personalized treatment plans. The tool is expected to be available in dermatologists' offices and medical spas in the coming years.
Currently, there is no regulatory body or any formal process of regulation regarding the administration of non-surgical facial aesthetics. Regardless of the societal expectation that such an industry would have strict regulations and guidelines, currently, only procedures requiring surgery (i.e. those involving a surgical incision) are required to be carried out by a qualified medical professional. Botulinum toxin injections, dermal fillers, and other ‘minimally invasive’ cosmetic treatments can be administered by anyone, regardless of their qualifications.
What Can be Explored with the Facial Aesthetics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Facial Aesthetics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Facial Aesthetics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Facial Aesthetics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Facial Aesthetics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Service Providers of Facial Aesthetics, End-Users, Manufacturers of Aesthetics Devices and Cosmetic, Healthcare Industry, Governmental Bodies, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.