Medical Aesthetic Devices Market: North America to Dominate throughout the Forecast Period

Published on : Jan 16, 2019

Albany, New York, January 16, 2019: In the past few decades, skin related diseases have become rampant which have led to the need for diagnosis and treatment for patients. Though the medical aesthetic devices market was hampered by the economic recession of 2008-2009, rising incidence of skin related diseases in the ensuing periods steadied the market. These aforementioned excerpts are according to the report titled, “Medical Aesthetic Devices Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been lately incorporated in the ever-growing repository of Market Research Hub (MRH).  Further, rise in discretionary income and growing preference of customer for aesthetic procedures are estimated to spur the aesthetic devices market.

With respect to minimally invasive aesthetic procedure performed in the U.S., there was 2% increase in 2017 as over 15 million procedures were performed compared to the preceding year. In addition, evolution of hand-held devices in the dermal filler and microdermabrasion segments is estimated to uptick comfort for service providers which will subsequently bolster the use of aesthetic devices. Hair removal and botulinum toxin injection are most commonly performed minimally invasive and surgical procedures.

The advent of digitization and trend of social media have positively influenced the aesthetic devices market as consumes have become more aware with regards to aesthetic procedures.

On account of technological advancements and growing adoption of medical aesthetic devices, North America is estimated to hold the largest share in the global market during. Whereas, Europe will hold considerable share of the global market during the assessment period owing to soaring cases of skin diseases. On the other hand, given rising awareness regarding aesthetic procedure and investment opportunities in Asia Pacific, the market set to propel in the region during the forecast period.

Medical Aesthetic Devices Market: Report Content

The report offers a comprehensive analysis on the medical aesthetic devices market for the forecast period 2018-2026. Further, the report delineates the drivers, trends, opportunities and restraints in the medical aesthetic devices market. The report does the segregation of the market on the basis of product type, application, end-user and region.

The report starts with market scope followed by market taxonomy and overview of the market. The market overview section includes indicators which are projected to define the market position during the assessment period. The report also includes market attractiveness analysis for each segment to provide a thorough assessment of the medical aesthetic devices market.

The final section of the report includes the competitive scenario of the medical aesthetic devices market which encompasses company overview, product portfolio, financial overview and strategies and recent developments. The report also includes Porters’ Five Force Analysis to provide insights on competitive landscape of the market. Major companies assessed in the report are Cynosure Inc., Fosun Pharmaceutical Co. Ltd., Merz Pharma, Syneron Medical Ltd., and Lumenis Ltd.

Medical Aesthetic Devices Market: Research Methodology

The research methodology in this report includes secondary sources, primary sources and analysis from panel of expert for the assessment period 2018-2026. Secondary sources applied in the report include, but are not limited to annual reports, government document, SEC filings, investors’ presentation, World Bank database, market reports, relevant patent, statistical database and regulatory database. Primary sources include telephonic interviews, e-mail interactions and honest reviews of the market across regions.  Expert panel relentlessly analyzes the report with the view to offer readers with authentic and unbiased report. The analysis of the performance of market across regions has been done taking   Y-o-Y growth and BPS into consideration. The report has been analyzed through absolute dollar opportunity analysis, which are often ignored while assessing the market.

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