Medical Aesthetics Market worth $25.9 billion by 2028
As per the recently published report by MarketsandMarket?, The report "Medical Aesthetics Market Product (Botox, Filler, Peel, Implant, Liposuction, Microneedling, Hair Removal, Laser Resurfacing, RF, Phototherapy), Procedure (Surgical, Nonsurgical), End User (Hospital, Beauty Clinic, Spa), Region - Global Forecast to 2028", is projected to reach USD 25.9 billion by 2028 from USD 15.4 billion in 2023, at a CAGR of 11.0% from 2023 to 2028.
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Some of the prominent key players are:
Mergers & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Medical Aesthetics Market.
The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The medical aesthetic devices market is poised for growth during the forecast period, primarily driven by two key factors. First, there is an uptick in grants and funding dedicated to research and awareness initiatives surrounding aesthetic treatments. This heightened awareness encourages more individuals to explore these procedures. Second, the market is benefiting from the growing popularity of minimally invasive devices. Patients increasingly prefer these devices due to their reduced risk, shorter recovery times, and more subtle results. This dual dynamic of increased awareness and the adoption of minimally invasive options is expected to be a significant driver of market expansion in the coming years.