Medical Aesthetics Market Report to Share Key Aspects of the Industry with Details of Influencing Factors -2028 – EcoChunk

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The global medical aesthetics market is expected to register a healthy CAGR of 12.1% during the forecast period of 2019 to 2026.

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Competitive Analysis: Global Medical Aesthetics Market

Some of the major players operating in the global medical aesthetics market are Allergan, Bausch Health Companies Inc., Lumenis, Shanghai Fosun Pharmaceutical Group Co. Ltd., Cynosure, Syneron Medical Ltd, Aerolase Corp., ARC Laser Gmbh, Asclepion Laser Technologies Gmbh, Btl, Cutera, Eclipse, Lutronic, Mentor Worldwide Llc, Merz Pharma, Quanta System, Sciton Inc., Sharplight Technologies Inc, Syneron Medical Ltd., Venus Concept.

Aesthetic devices are an innovative breakthrough, providing a solution for patients who face the ingenuity of creating beauty. Medical aesthetic devices are a growing market due to their benefits such as maintaining youthful appearance, painless and non-invasive beauty treatments, maintenance-free skin that stays smooth and hairless without the need for shaving, waxing or nasty hair treatments, improving the cosmetic appearance and technological advancements in medical aesthetic devices.

The market is showing substantial growth in emerging countries as these countries adapt to urbanization trends. Brazil, South Africa, Thailand and many more have improved over the past decade. People go for different cosmetic surgeries to maintain themselves, which gives them better results without any stressful physical exertion. Medical aesthetics is one of the hottest concepts of the 21st Century which will show a substantial increase in the future as there is great technological advancement and innovation in the field by companies dealing with these devices, making them safer and even less invasive leading to a larger population opting for these procedures. .

Segmentation: Global Medical Aesthetics Market

The global medical aesthetics market is segmented into 4 notable segments such as product type, care type, accessories, and end user

  • On the basis of product type, the market is segmented into aesthetic laser devices, energy devices, body contouring devices, facial aesthetic devices, aesthetic implants, and skin aesthetic devices. In 2019, the Body Shaping Devices segment grows at the highest CAGR during the forecast period of 2019 to 2026.
    • In 2016, BTLesthetics announced that it had received FDA approval for its BTL Vanquish ME. This will demonstrate the versatility and efficiency of the BTL Vanquish ME system.
  • On the basis of Application, the market is segmented into Anti-Aging & Wrinkle, Face & Skin Rejuvenation, Vascular Lesions, Body Sculpting & Cellulite, Breast Enhancement, Sears, Pigment Lesions, Reconstruction, Tattoo Removal, Psoriasis and vitiligo, others. In 2019, the anti-aging and anti-wrinkle segment grows at the highest CAGR during the forecast period of 2019 to 2026.
    • In 2018, Lumenis announced the launch of its new product line, NuEra tight, a temperature control technology for skin smoothing by radio frequency application.
  • On the basis of end user, the market is segmented into dermatology clinics, cosmetic centers, hospitals, medical spas, and beauty centers. In 2019, the cosmetic center segment is growing at the highest CAGR during the forecast period of 2019 to 2026.
    • In 2018, Lutronic announced the availability of its new Lase® product, a 1927nm Thulium laser. It was a new innovation that allows skin resurfacing to each patient.
  • On the basis of the distribution channel, the market is segmented into direct tendering and retail. In 2019, the direct tendering segment grows at the highest CAGR during the forecast period of 2019 to 2026.
    • In 2018, Sharp Light announced the launch of cutting edge aesthetic devices using proprietary DPC technology. This Dynamic Pulse Control (DPC) technology offers unprecedented aesthetic results.

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Product launch:

  • In 2017, Merz announced the launch of its new Cellfina System product line. It is a treatment that is used to reduce and improve the appearance of cellulite.
  • In 2018, Lutronic announced the availability of its new Lase® product, a 1927nm Thulium laser. It was a new innovation that allows skin resurfacing to each patient.
  • In 2016, BTL Aesthetics launched BTL EXILIS ULTRA, BTL Cellutone. This will enrich BTL’s product portfolio.

Allergan

The company was founded in 2013 and is headquartered in Dublin, Ireland. The company is focused on the development, manufacture and marketing of branded devices, biologics, pharmaceuticals, surgical and regenerative medicine for patients around the world. The main sectors of activity are American specialized therapeutics, American general medicine and international. The company’s 2018 healthcare revenue was $ 16,550.8 million. The company has a global presence in North America, Asia-Pacific, South America, Europe, Middle East and Africa.

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  • In 2017, Allergan acquired ZELTIQ Aesthetics, Inc. (US). This acquisition has enabled Allergan to be the sales leader in the body contouring segment of medical aesthetics.

Bausch Health Companies Inc.

The company was founded in 1959 and is headquartered in Quebec, Canada. The company is engaged in the manufacture and marketing of a wide range of branded and generic pharmaceuticals, over the counter (OTC) products and medical devices. The main business segments are Bausch + Lomb / International, Branded Rx, US Diversified Products. The company’s 2018 healthcare revenue was $ 8,174.8 million. The company has a global presence in North America, Europe, the Middle East, Africa, Asia-Pacific and Latin America.

  • In 2014, Valeant acquired Solta Medical, a global leader in the energy-based aesthetic device industry. With this acquisition, Valeant diversified into the resurfacing / rejuvenation, wrinkle treatment and body contouring segments and offered a broad portfolio of products for aesthetic treatment.

Luimenis

The company was founded in 1991; head office in Yokeneam, Israel. The company is engaged in the field of minimally invasive clinical solutions for the surgery, ophthalmology and aesthetics markets, and expert in the development and commercialization of innovative energy-based technologies, notably laser , intense pulsed light (IPL) and radio frequency (RF). . The company has a global presence in North America, South America, Europe, Asia, Africa and Australia.

  • In 2018, Lumenis announced the launch of its new SPLENDOR X product line, a solid-state laser system for efficient and rapid hair removal and skin treatment.

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