Global Medical Aesthetics Industry

Bharatbook.com announces a report on Global Medical Aesthetics Industry: Injectables, Energy-Based Devices, Cosmeceuticals, Cosmetic Surgery, Facial Aesthetics, Implants, Cosmetic Tourism. Market Analysis & Forecast to 2021”. Consumer aesthetic products such as “micro– botox” and “bro–tox” are experiencing a steady growth.

Bharat Book analysis indicates that the current Medical Aesthetic Industry is worth $52,405 million for both service and product revenue. Over the next five years a CAGR of 5.5% is expected and the market will hit $69,786 million in 2021. Currently, invasive aesthetic procedures generated revenues of $27,843.5 million in 2015. Bharat Book analysis indicate that by 2021, invasive aesthetic procedures will grow at a CAGR of 4.3%, to reach $27,843.5 million. Non-invasive procedures generated approximately $16,738 million in 2015 and will grow at a CAGR of 4.5% over the coming five years. They are expected to generate revenues of $16,738.0 million in 2021. Cosmetic surgery products generated $7,824.0 million in 2015 and have the potential to reach $13,934.0 million in 2021.

Non surgical treatments lead the way across the globe and are broadly classified into three major categories: injectable products, energy based devices and active cosmetics. Injectable products include neurotoxins such as Botox and dermal fillers such as Restylane and they have the largest market share. These are followed by energy–based devices such as lasers, radio frequency and intense pulsed light (IPL). Cosmeceuticals include skin care, eye care, skin lightening and scar care products.

The North American market accounts for about 45% of the global market. However, the dominance of the U.S. is shifting towards Asia, particularly in the energy– based devices segment. Asia is regarded as the next frontier and the number of physicians and clinics in China and India has been steadily rising, along with medical tourism in the region. In the injectables and devices...