The global aesthetic services market is anticipated to grow at a significant CAGR of 10.8% during the forecast period (2022-2028). Aesthetic services focus on improving people’s appearances through cosmetic procedures. Scars, skin pigmentation correction, wrinkles, acne, moles, excess weight, undesired hair, psoriasis, eczema, and skin discoloration are among the various therapies offered under these services. The increased desire of humans to maintain a youthful appearance is a primary demand driver for a variety of aesthetic procedures. The need for anti-aging services has risen dramatically in the past few years as the population has aged.
North America is the market leader due to the growing aesthetic services market in the US. The desire for non-surgical aesthetic operations such as cosmetic enhancements, scar reduction, and non-laser tattoo reversals is driving the market for aesthetic services in the US.
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance-
- In July 2021, Lynton Lasers Ltd. introduced the Medical CE-certified system Focus Dual, which combines radio-frequency (RF), micro-needling, and high-intensity focused ultrasound (HIFU). This system is among the two of the most cutting-edge clinical technologies, to perform non-surgical facelifts, double chin reductions, eyebrow lifts, wrinkle reductions, and other procedures.
- In March 2021, the Clear + Brilliant Touch laser, which is the company’s next-generation Clear + Brilliant laser, has been launched in the US by Bausch Health Companies Inc. and its Solta Medical business, one of the global leaders in the medical aesthetics market.
- In March 2021, Revance Therapeutics, Inc. launched DaxibotulinumtoxinA for injection (DAXI), a Botulinum Toxin Type A formulation with a novel peptide excipient or a combination treatment of glabellar, dynamic forehead, and lateral canthal lines.
- In May 2020, AbbVie Inc. finalized the acquisition of Allergan, and as a result of this acquisition, the company’s aesthetic business now includes BOTOX medicines and BOTOX cosmetics.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Advanced Dermatology and Cosmetic Surgery, Allergan plc, Abbvie Inc., GC Aesthetics, and Cynosure LLC, among others.
A full report Aesthetic Services Market of is available at: https://orionmarketreports.com/aesthetic-services-market/106127/
Global Aesthetic Services Market Report by Segment
By Type
- Surgical
- Non-Surgical
- Reconstructive Procedures
By Application
- Hospitals
- Dermatology Clinics & Cosmetic Centers
- Ambulatory Surgery Centers
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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