The most innovative breakthrough in aesthetics medicine.
The market is witnessing the launch of many advanced and innovative devices and products from global, regional, and local vendors. Facelifts, liposuction, botox & neuromodulators, skin resurfacing, and intense pulse light procedures are witnessing high demand from various age groups, according to “Medical Aesthetics Market – Global Outlook & Forecast 2022-2027” report by ResearchAndMarkets.com.
The global medical aesthetics market trends include consumers seeking aesthetic procedures starting at a younger age, an uptick in men seeking cosmetic enhancement procedures, and an increasing preference for non-invasive cosmetic procedures instead of cosmetic surgery.
In the global medical aesthetics market, platelet-rich plasma is a highly popular cosmetic injectable medical treatment that helps nurture the skin appearance in aged people due to the ability to naturally rejuvenate the skin and repair and treat the aging sign by using the patient’s platelet-rich blood cells.
This procedure has become more trending in recent years. In addition, the safety and rapid result ability deliver significant market growth opportunities for key players. Several factors play a vital role in the rising demand for PRP like in cosmetic procedures, PRP is applicable for hair loss and skin rejuvenation.
In hair loss, PRP is commonly used for treating male pattern baldness for both purposes, such as hair loss prevention and promoting new hair growth. Dermatologists and plastic surgeons highly recommend the PRP procedure in high-income countries to improve skin appearance and overall health.
The advancement in medical aesthetics procedures will expect to achieve significant market growth. The medical aesthetics market is overgrowing with aesthetic dermatology sectors, including innovations in botanical blends in hair care, skincare, and others. The procedures, methodologies, and systems applied for dermatology procedures in the past were completely different from recent years.
The significant changes in dermatology care and advancement in technology in skincare and medical aesthetics paved the direction for innumerable procedures that reduced the side effects. Laser applications are highly adopted for treating gentle vascular birthmarks, haemangioma, and other skin issues.
The demand for minimally invasive procedures increased significantly in recent years across all demographics. In addition, non-invasive treatments are a more accessible entry point in the medical aesthetic market for men and young people who are highly curious about their appearance and well-known about medical aesthetics. It indicated that the non-invasive procedures are a good fit for many consumers due to their affordable cost, low downtime, and lower risk.
The global medical aesthetics market is highly competitive and dynamic, with many international, regional, and local vendors offering a diverse range of medical aesthetic procedure products, treatments, and devices to the end-user. Global players such as AbbVie (Allergan), Sisram Medical, Cutera Inc., Lumenis Inc., Bausch & Lomb, and El En Spa are some of the primary industry players that consistently influence the competition in the industry.
Based on geography, most industry players are headquartered in the U.S., Japan, European Region, and APAC region. One of the U.S.-based companies, AbbVie leading industry player in the medical aesthetics market with a broad spectrum of innovative and advanced solutions for solving serious health issues. In 2021, AbbVie acquired Allergan, the leading company in the medical aesthetics market. This acquisition creates a new product portfolio in AbbVie’s product portfolio. Also, the highly demanded and popular Botox comes under the AbbVie product category. Botox individually influences high competition in the industry.
There have been a number of innovative breakthroughs in aesthetic medicine in recent years, including the following:
- Non-surgical body contouring: Non-surgical body contouring treatments, such as CoolSculpting and Sculptra, use energy or injections to target and eliminate fat cells or stimulate collagen production, respectively, in order to reshape and tighten the skin.
- Non-surgical facelifts: Non-surgical facelift treatments, such as Silhouette Soft, use threads or injections to lift and tighten the skin, providing a more youthful appearance without the need for surgery.
- Platelet-rich plasma (PRP) therapy: PRP therapy involves injecting a person’s own platelets into the skin to stimulate collagen production and improve the appearance of fine lines and wrinkles.
- Laser skin resurfacing: Laser skin resurfacing treatments, such as Fraxel, use laser energy to remove the top layers of damaged skin, revealing smoother, healthier skin underneath.
- Medical-grade skincare products: Medical-grade skincare products, such as those containing retinoids or alpha-hydroxy acids, are more potent and effective than over-the-counter products and can help improve the appearance of fine lines, wrinkles, and other signs of aging.
- Stem cell therapy: Stem cell therapy involves injecting stem cells into the skin to stimulate collagen production and improve the appearance of aging skin.
- Dermal fillers: Dermal fillers, such as hyaluronic acid and calcium hydroxylapatite, are injectable substances that can be used to add volume to the face, smooth wrinkles, and enhance facial contours.
- Botulinum toxin injections: Botulinum toxin injections, such as Botox, are used to relax the muscles that cause wrinkles and improve the appearance of fine lines and wrinkles on the face.