Medical Aesthetic Devices Global Market to Reach $25.1B by 2022

May 17, 2018

WELLESLEY, Mass., May 17, 2018 – Aesthetic medicine is driven by patients seeking to enjoy life to the fullest, be fit, and minimize the effects of natural aging. In a new study, BCC Research examines the global market for medical aesthetic devices—forecast to reach $25.1 billion by 2022—by type, end user and region.

Lasers and energy emitting devices are expected to lead the market during BCC Research’s forecast period of 2017–2022, with a projected compound annual growth rate (CAGR) of 13.5%. Facial aesthetic devices represent the second leading market segment, with an expected CAGR of 13.0% from 2017 to 2022. From $13.5 billion in 2017, worldwide growth of the entire market is predicted at a five-year CAGR of 13.1%, according to the report Medical Aesthetic Devices: Technologies and Global Markets.

In BCC Research’s study, the field is also captured by regions, including North America, Europe, Asia-Pacific and Rest of the World. North America was the largest segment in 2017 and is expected to lead the global market with a five-year CAGR of 12.9%.

Report Highlights

• Medical aesthetic devices used for cosmetic treatments (e.g., botulinum neuromodulators, breast augmentation devices, dermal fillers, energy emitting devices and assistive liposuction devices) are examined.
• A qualitative analysis of the market (including drivers, restraints and opportunities) and a Porter’s Five Forces analysis are provided.
• Regulations and guidelines for medical device quality management and manufacturing practices are studied in the context of their use within the medical aesthetic devices industry.

“The exciting field of aesthetic medicine, which aims to improve the physical appearance and satisfaction of a patient by using non- to minimally invasive cosmetic procedures, is a new trend,” said Robert G. Hunter, BCC Research senior editor, healthcare. “Patients are requesting quick, noninvasive aesthetic medicine procedures with minor downtime and very little risk.”

Beauty Is Not Just Skin Deep

Aesthetic medicine bridges the gap between beauty and health. In terms of end user experiences, slimming and beauty clinics captured the largest share of the global medical aesthetic devices market in 2017. This segment is expected to have the highest CAGR from 2017 to 2022, at 13.5%.

Editors/reporters requesting analyst interviews should contact steven.cumming@bccresearch.com.

Medical Aesthetic Devices: Technologies and Global Markets( HLC056C )
Publish Date: May 2018    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.