A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled "Global Medical Aesthetic Devices Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2026" which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The global medical aesthetic devices market has been segmented based on product type, application, end-user, and region. In terms of product type, the global market has been divided into aesthetic laser & energy devices, skin tightening & body contouring devices, aesthetic implants, and facial aesthetic devices. The aesthetic laser & energy devices segment accounted for major market share in 2017. Utilization of aesthetic laser & energy devices is rising gradually due to increase in occurrence of skin and aging problems across the world. Based on application, the global medical aesthetic devices market has been classified into facial & body contouring, facial & skin rejuvenation, breast enhancement, scar treatment, reconstructive surgery, tattoo removal, and hair removal. In terms of end-user, the global market has been categorized into hospitals, dermatology clinics, and cosmetic centers. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2019 to 2026, considering 2017 as the base year.
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Medical aesthetics focuses on improving cosmetic appearance through the treatment of conditions such as scars, skin laxity, wrinkles, moles, liver spots, excess fat, cellulite, unwanted hair, skin discoloration, and spider veins. Laser and energy devices are most commonly used for skin and hair treatment including applications such as skin rejuvenation, tattoo removal, and skin tightening. Health concerns and rise in demand for technologically advanced products boost the growth of the global medical aesthetic devices market. The global market is estimated at US$ 7,798.20 Mn in 2017 and is projected to expand at a CAGR of 10.7% from 2019 to 2026.
Geographically, the global medical aesthetic devices market has been segmented into five major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (South Africa, Saudi Arabia, and Rest of Middle East & Africa). The market size and forecast for each of these regions and countries/sub-regions have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2019 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.
The report also profiles major players in the global medical aesthetic devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Key players in the global market are Fosun Pharmaceutical Co., Ltd. (Alma Lasers), Mentor Worldwide LLC, Cutera, Inc., Cynosure, Inc., Lumenis Ltd., Syneron Medical Ltd., Merz Pharma, and Solta Medical, Inc.
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