Medical Aesthetic Devices Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028

 

The market for medical aesthetic devices was valued at US$ 13,350.0 Mn in 2021 and is anticipated to grow at a CAGR of 11.8% from 2022 to 2028 to reach US$ 29,218.7 Mn. Due to the rising popularity of minimally invasive treatments, an increase in aesthetic operations, and technological advancements in aesthetic devices, the market for medical aesthetic devices is expanding rapidly. Additionally, rising demand for medical aesthetic devices as a result of greater public awareness is anticipated to fuel market expansion. However, it is anticipated that obstacles including a poor reimbursement environment and worries about societal stigma will restrain the market's expansion for medical aesthetic devices.

The definition of an Medical Aesthetic Devices Market: Any instrument, apparatus, appliance, implant, material, or another article that is completely inserted into a human and is intended by the manufacturer to change the visual appearance of the human in the desired way, without any therapeutic or reconstructive intent.

Medical operations are carried out in the name of medical aesthetics in order to assist patients in achieving their aesthetic objectives. Numerous cosmetic procedures are rapid, barely intrusive, safe, and efficient, and call for little recovery time.

The Medical Aesthetic Devices Market is growing because of things like the increasing demand for aesthetic treatments among men and the popularity of minimally invasive and non-invasive aesthetic procedures among geriatric patients. The market is also growing because technologically advanced and user-friendly products are more readily available Medical Aesthetic Devices Market.

Procedures' clinical risks and side effects, as well as the rising availability and acceptance of alternative beauty and cosmetic products, are restraining the market's growth.

Key Players

Along with others, this list includes Venus Concept Inc., El.En. (Asclepion Laser Technologies), Sciton Inc., Lumenis Inc., Cynosure, Inc., Cutera Inc., Syneron Candela, Johnson & Johnson, Galderma, Sisram Med (Alma Lasers), Abbive (Allergan Inc.), and Bausch Health Companies Inc. (Solta Medical Inc.).