The global aesthetic medicine market size is expected to reach USD 143.3 billion by 2030, growing at a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc. According to the International Association for Physicians in Aesthetic Medicine (IAPAM), aesthetic medicine is a branch of medicine focused on satisfying the aesthetic desires and goals of patients. The major aim of aesthetic medicine is to improve the physical appearance of the patient. Some key drivers of the market include the introduction of innovative aesthetic devices, such as non-invasive aesthetic devices, a growing focus on physical appearance, and a rise in adoption among geriatric individuals.
Aesthetic Medicine Market Report Highlights
- The non-invasive procedures segment is projected to dominate the industry throughout the forecast period owing to quicker and more accurate results of these procedures along with ease of usage compared to invasive procedures
- Breast augmentation and liposuction are among the fastest-growing sub-segments under the invasive procedures segment over the forecast years
- Asia Pacific is projected to be the fastest-growing region with a CAGR of 16.5% during the forecast period
- Countries, such as South Korea and India, are expected to serve as key revenue pockets
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Aesthetic medicine mainly includes invasive and non-invasive procedures. Invasive procedures include breast augmentation, liposuction, and nose reshaping while non-invasive procedures include popular technology, such as Botox injections, soft tissue fillers, and chemical peel. A rise in the number of obesity cases in the US has propelled the demand for aesthetic treatments in the country. In the Asia Pacific region, the rise in income levels in countries, such as China and India, is expected to create lucrative opportunities for the market. The region is also backed by South Korea, which is the hub of cosmetic surgeries.
List of Key Players in the Aesthetic Medicine Market
- The Cosmetic Clinic
- Therapie Clinic /Valterous Limited.
- SKINovative
- Shea Aesthetic Clinic
- Rejuv Medical
- BSL Clinic
- Cutis Medical Laser Clinics
- Grand Plastic Surgery
We have segmented the global aesthetic medicine market on the basis of procedure type, and region.
Aesthetic Medicine Procedure Outlook (Revenue, USD Million, 2018 - 2030)
- Invasive Procedures
- Non-invasive Procedures
Aesthetic Medicine Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- India
- Japan
- China
- Australia
- South Korea
- Thailand
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Grand View Research, Inc.
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
Web: grandviewresearch.com
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