The global aesthetic devices market is set to gain significant

New York, Oct. 17, 2022 (GLOBE NEWSWIRE) — Kenneth Research has released a detailed market report on the Global aesthetic devices market for the forecast period, i.e. 2023-2033, which includes the following factors:

  • Market Growth Over the Forecast Period
  • Detailed regional synopsis
  • Market segmentation
  • Growth engines
  • Challenges
  • Major market players and their detailed profiling

Global aesthetic devices market size

The global aesthetic devices market is anticipated to acquire major revenue by 2033 and rising at a CAGR of around 12% over the forecast period. Moreover, the market has generated significant revenue in 2022. The market is mainly driven by people’s increasing skin problems. Treatment is needed for issues such as acne, psoriasis, sunburn, dermatitis, and others, which are fueling the expansion of the market. According to the National Institute of Health (NIH), the prevalence of deep scars, lesions and acne vulgaris is 50.9% among women aged 20-29 and 26.3% among those aged 40. at 49 years old.

The use of cosmetic procedures such as skin lifting, botox, tissue regeneration and others is increasing. The American Society of Plastic Surgeons reports that 3 million tissue filler treatments and 140,000 dermabrasion procedures each have been performed. Additionally, increasing hair loss, damaged teeth, and instances of tattoo removal are expected to fuel the expansion of the market.

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Global Aesthetic Devices Market: Key Takeaways

  • The North American Market Gets the Largest Revenue Share
  • The body enhancement segment to influence the revenue graph
  • The dermatology clinic segment retains a significant presence in the market

Rise in cosmetic surgery and rise in people with crooked teeth and gums to drive market expansion

People choose to have cosmetic surgery and augmentation because they are unhappy with their own skin, appearance, or the effects of aging. Nearly 10 million surgical procedures and nearly 14 million non-surgical cosmetic procedures were performed in 2020.

In addition, the aesthetic beauty of the face is affected in some way by problems such as crooked or broken teeth. More people than we can reasonably imagine have dental problems. According to the World Health Organization (WHO), 530 million children have primary cavities and 2.3 billion adults have eroding permanent teeth. The growing adoption of cosmetic surgeries and the growing number of incidences of crooked or broken teeth are increasing the demand for cosmetic appliances in the market.

Global Aesthetic Devices Market: Regional Synopsis

The global aesthetic devices market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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Rise in Dermatology Clinics and Rise in Cosmetic Surgeries to Drive the North American Market

By the end of 2033, North America is predicted to hold the largest market share. The abundance of dermatology clinics in the region to fuel the expansion of the market in North America. In the United States, there are approximately 3,700 practicing dermatologists. The market in the region is on the rise as cosmetic surgery becomes more common. More than 15 million cosmetic treatments were expected to be performed in the United States in 2020. Additionally, the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) predicts that in the United States in 2021, 1.4 million operations surgical and non-surgical procedures were performed. i.e. a growth of 40% compared to the operations carried out in 2020.

Rising adoption of cosmetic surgery and growing aging population to fuel the APAC market

On the other hand, the Asia-Pacific (APAC) region is expected to experience lucrative growth by 2033. Developing countries such as China, India, and South Korea are supporting the region. The key factors that are expected to propel the market in the region are the growing adoption of plastic surgery, growing emphasis on physical appearance, and South Korea’s status as a center for cosmetic surgery. For example, in China, cosmetic surgery was performed on 14.5 million people in 2017, which increased to 22.5 million in 2018, and there were also seven times more than 10 years ago. .

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Additionally, the aging population in the region is expected to experience sagging skin, sagging jowls, wrinkles, and other issues to fuel the demand for cosmetic operations and propel the expansion of the market. In 2030, it is expected that there will be about 26.5% of people aged 60 and over among the total population in China.

The study further incorporates annual growth, demand and supply, and forecasts future opportunities in:

  • North America (USA, Canada)
  • Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, Rest of Europe)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
  • Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman]North Africa, South Africa, Rest of the Middle East and Africa)

Global Aesthetic Devices Market Segmentation by Application

  • Contouring
  • Rejuvenation
  • tattoo removal
  • Hair removal
  • body enhancement

By the end of 2033, the body enhancement segment is expected to be the largest. People’s growing desire to look young, have an elevated physique and achieve a more attractive look is leading to more and more body augmentation procedures including liposuction, breast implantation and breast augmentation. other types of plastic surgery. For example, in 2019 there were 287,100 breast augmentations, nose reshaping – 362,300, liposuction – 265,250, eyelid surgery – 354,150, facelift – 262,000 body augmentation procedures in the United States.

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Global Aesthetic Devices Market, Segmentation by End User

  • Cosmetic centers
  • Hospitals
  • Dermatology clinics
  • Others

The dermatology clinics segment is expected to hold a substantial market share over the forecast period. There were approximately 5,300 dermatology clinics in 2022. Expanding knowledge about many cosmetic procedures and their benefits, growing consumer preference for less invasive cosmetic procedures, as well as an increase in the number of clinics and surgeons are the growth engines of the segment. For example, in 2018, over 1.9 million minimally invasive procedures were performed, including breast augmentation – 313,750 procedures up 4% from 2017 and liposuction – 258,600 procedures up 5% compared to 2017 in the United States.

Global Aesthetic Devices Market, Segmentation by Product

  • Aesthetic laser and energy devices
  • Body contouring and skin tightening devices

A few of the well-known market leaders in the global aesthetic devices market profiled by Kenneth Research are Alma Lasers, Sciton Inc., Allergan, Inc., Nestle Skin Health, Johnson & Johnson, Lumenis BE Ltd., Solta Medical, Sanuwave Health Inc., Candela Corporation, Cynosure, Inc. and others.

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Recent developments in the global aesthetic devices market

  • May 21st2021, a new distribution agreement with Grupo Suprimed had been announced by SANUWAVE Health and its partner JV Diversa SA to market and sell the dermaPACE® system in the private healthcare sector in Brazil.
  • April 4e, 2019, Legend Pro+, a new skin rejuvenation technology introduced by Lumenis, Inc., provides less painful and faster healing procedures. Legend Pro+ delivers fast, long-lasting results.

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