Aesthetic Services Market by Type, Procedure, End-Users and Region - Global Market Size Estimation, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2030
Overview
Aesthetic Services Market is expected to reach US$ 3.59 Bn. at a CAGR of 10.65% during the forecast period 2030.
Aesthetic Services Market Overview:
Aesthetic Services are gaining importance owing to the changing beauty standards over the past decade. Aesthetic Services focus on correcting facial or physical imperfections, including both non-surgical and surgical procedures. These procedures mainly include treatment for scars, wrinkles, excess fat, cellulite, skin discoloration, and cellulite reduction.
To Know About The Research Methodology :- Request Free Sample Report
Aesthetic Services Market Dynamics:
Increasing demand for minimally invasive procedures and technological advances are the key factors driving the market growth.
Rising demand for body feature enhancement and rising adoption of new technologies fuel the market growth. Growing consciousness amongst individuals regarding their appearance is another major factor driving the industry growth. Changing lifestyle, especially with respect to nutrition and physical activity, which is more inclined towards sedentary is becoming the major factor for increased cases of obesity and weight-related disorder.
This contributes to the growth of the market. Other driving factors for the market also include rising disposable income, increasing social awareness, rising demand for these procedures in the entertainment industry, and an increase in the number of traumatic injuries requiring reconstructive changes. In June 2021, Allergen Aesthetics received FDA approval of Juvederm Voluma for the chin region augmentation in adults over the age of 21.
The report has profiled sixteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.
Aesthetic Services Market Segment Analysis:
The global Aesthetic Services Market is segmented on the basis of Type, Procedure and End-Users
Based on Type, the Body Contouring segment is expected to witness the highest growth during the forecast period.Rising sedentary lifestyle, unhealthy eating habits, alcohol consumption, and other such factors increase obesity cases globally. Reducing fat and weight loss without pain and treatments associated with minimally invasive or non-invasive surgeries is the major factor driving the segment growth. According to the statistics, from the American Society for Aesthetic Plastic Surgery, 9.5 million nonsurgical procedures were performed in 2013.
Aesthetic Services Market Regional Insights:
North America is expected to hold a dominant market share during forecast period.
Owing to the rising number of people focusing on the external aesthetics, rising geriatric population pool and the improvements that are being done in cosmetic procedures, North America is expected to dominate the global market. High demand for non-surgical aesthetic procedures such as cosmetic enhancements, scar reduction and non-laser tattoo reversals are the key growth drivers of the aesthetic services market in the U.S. Rising number of trauma cases and accidents, increasing awareness, advancements in R&D for improving and addition of the new advanced techniques and new product launches are a few key factors responsible to raise the bar of the market in the region.
Asia Pacific is expected as the fastest growing region during forecast period.
The Asia Pacific will command the global market owing to the drivers like improved medical infrastructure, presence of large target population, for example, rising demand for these procedures in the entertainment industry, adaptation of minimally invasive techniques, increased awareness, development of innovative and cost-effective solutions, improved standard of living, and rise in disposable income. The market is anticipated to experience fast development in demand for Aesthetic Services in emerging countries such as Japan, China, Brazil, and India over the forecast period.
The report also helps in understanding Global Aesthetic Services Market dynamics, structure by analyzing the market segments and project the Global Aesthetic Services Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.
Aesthetic Services Market Scope: Inquire before buying
| Aesthetic Services Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 1.77 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 10.65% | Market Size in 2030: | US $ 3.59 Bn. |
| Segments Covered: | by Type | Facial Aesthetic Services Skin Lightening Body Contouring Aesthetic Implantation |
|
| by Procedure | Cosmetic procedures Reconstructive procedures |
||
| by End-Users | Hospitals Ambulatory Surgical Centers Beauty Centers & Medical Spas Dermatology Clinics |
||
Aesthetic Services Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Aesthetic Services Market, Key Players:
1.Human Med AG
2. Alcon Inc.
3. Biosil Ltd.
4. Cynosure Inc.
5. Genzyme Corporation
6. Allergen Inc.
7. Lumentis Ltd.
8. The Ottawa Skin Clinic
9. VIVA Skin Clinics
10. Alma Lasers
11. Bausch Health Companies
12. Johnson & Johnson
13. Galderma
Frequently Asked Questions:
1. Which region has the largest share in Global Aesthetic Services Market?
Ans: North America region holds the highest share in 2023.
2. What is the growth rate of Global Aesthetic Services Market?
Ans: The Global Aesthetic Services Market is growing at a CAGR of 10.65% during forecasting period 2024-2030.
3. What is scope of the Global Aesthetic Services market report?
Ans: Global Aesthetic Services Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Aesthetic Services market?
Ans: The important key players in the Global Aesthetic Services Market are – Human Med AG, Alcon Inc., Biosil Ltd., Cynosure Inc., Genzyme Corporation, Allergen Inc., Lumentis Ltd., The Ottawa Skin Clinic, VIVA Skin Clinics, Alma Lasers, Bausch Health Companies, Johnson & Johnson, Galderma, Cutera, Rousso Facial Plastic Surgery, and Saltz Plastic Surgery.
5. What is the study period of this market?
Ans: The Global Aesthetic Services Market is studied from 2023 to 2030.