A comprehensive overview of the Aesthetic Medicine market is recently added by UnivDatos Market Insights to its humongous database. The Aesthetic Medicine market report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Aesthetic Medicine market. The Aesthetic Medicine market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Aesthetic Medicine market at the global and regional levels. Aesthetic Medicine Market is expected to exceed the market valuation of more than US$ 19.3 billion in 2027 and is expected to grow at a significant CAGR of 10.5% during the forecast period (2021-2027).
Market Overview
Aesthtetic procedures are constantly increasing, majorly among the female population. Both surgical and non-surgical aesthetic interventions are most popular in the 36-50 age group. The next most common age group undergoing aesthetic medications is 51 to 64 years age group. The most common reasons for this growup of population to go for these procedure because they undergo pregnancy and childbirth and want to reduce their signs of aging. The most common procedures in this age group are brea-st surgery, tummy tuck and liposuction. Skin Surfacing is another popular treatment among this age group which includes reducing acne scars, sunspots, fine lines, and wrinkles. The most common procedure for the 51-70 age group is liposuction with about 60,000 procedures done per year.
COVID-19 Impact
The whole world economy came to a still during the coronavirus pandemic. Many industries suffered deep loss from the Covid-19 impact and will take some time to recover. A recent survey conducted by the American Society of Plastic Surgeons among 1,000 US women, indicated that 11% of the participants were more interested in plastic surgery or non-surgical procedures now, compared to the pre pandemic situation. This figure was even higher with women who had already undergone plastic surgery before. 35% of the women who already had an aesthetic procedure before were willing to spend even more on minimally invasive aesthetic treatments in 2021. This surge is demand is probably because the surgeons’ offices are closed sine a year or offered only limited services, thus causing a surge in the demand now.
Aesthetic Medicine market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Procedure Type, the market is primarily segmented into
The brea-st augmetnation segment generated revenue of US$ X million in 2020 and is expected to grow at a CAGR of X% during the forecast period to reach a market valuation of US$ X million by 2027F.
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By Product, the market is primarily segmented into
Amongst Product, the brea-st implants segment was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% from 2021-2027.
By End-User, the market is primarily segmented into
Amongst End-User, the Clinics, Hospitals, and Medical Spas segment was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% from 2021-2027.
Aesthetic Medicine Market Geographical Segmentation Includes:
Based on the estimation, the North America dominated the global Aesthetic Medicine market with almost X% revenue share in 2020.
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The major players targeting the market includes
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Aesthetic Medicine market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
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Final Report will add the analysis of the impact of COVID-19 on this industry.”
In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.
The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.
An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.
The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.
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A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:
What is the aim of the report?
What aspects regarding the regional analysis Market are included in this report?
What is the key information extracted from the report?
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- The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities.
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