Global Aesthetic Services Market is expected to reach $XX Mn by 2026 from $XX Mn in 2019, at a CAGR of XX% during forecast period.
Global 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.
Global 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 2020, 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 RD 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.
Global 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.
Global Aesthetic Services Market1
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Global Aesthetic Services Market Regional Insights:
Global Aesthetic Services Market2
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 RD 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 Aesthetic Services Market make the report investor’s guide.
Global Aesthetic Services Market Scope: Inquire before buying
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Global Aesthetic Services Market, by Region:
• North America
• South America
Global Aesthetic Services Market Key Players:
• 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
• Rousso Facial Plastic Surgery
• Saltz Plastic Surgery
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