Published on : May 22, 2018
Albany, New York, May 22, 2018: Adoption of cosmetic procedures to correct aesthetic deficiencies is witnessing significant growth. Surge in use of aesthetic treatment across all specialties in medical field is contributing significantly towards the growth of global medical aesthetic devices market. In its recently added report titled, ‘Medical Aesthetic Devices: Technologies and Global Markets’, Market Research Hub (MRH) provides crucial information on the impact of recent market trends and technological developments on the growth of the market.
With innovation in technology at the forefront, manufacturers are encouraged to implement technological solutions in their products to ensure quick, effective and non-invasive treatment that addresses industry-specific requirements. Aiming to provide advanced treatment procedures to end-user, Johnson & Johnson (J&J) in liaison with Texas Medical College (TMC) is said to introduce a dedicated center for device innovation at the premises of TMC. This merger aims to introduce technologically advanced devices that would correct the current drawbacks pertaining to treatment and healing processes.
Additionally, ongoing acquisitions in the aesthetic devices market has enabled companies to ensure their lead in the market. These acquisitions are encouraging companies to divert focus on product innovation, thereby producing improved product portfolio to suit the requirement of end user. A recent report confirmed about a recent acquisition of Elastagen, a medical device company by Allergan PLC, a top biopharmaceutical company. This acquisition is envisioned to improve Allergan’s filler products, under the brand name, Juvederm. These fillers would be improved using Elastagen’s recombinant human tropoelastin which improves body’s elastin production, responsible for maintaining youthfulness of skin. The venture is expected to create new dimensions in cosmetology procedures to achieve superior end user satisfaction.
Elaborate information detailed in the report presents crucial insights pertaining to the influence of growth of various segments on the market. In this section, the report highlights important segments of the market, including device type, end use, procedure and region. On the basis of type, the market is segmented as Implants, Facial Aesthetic Devices, LASER and Energy Emitting Devices, and Skin Tightening and Body Contouring Devices. On the basis of end user, the device market is segmented as Hospitals and Slimming and Beauty Clinics. On the basis of procedure the market is segmented as Injections of neurotoxins and dermal fillers, Chemical peels, Cosmetic dermatology treatments, Microdermabrasion, Body contouring and treatment of cellulite, Nutrition, Hair transplant, Hair reduction, Fat grafting/platelet rich plasma, Laser and IPL, Scar management, Venous treatment. Based on the account of information presented in the report, readers can identify key segments that are encouraging revenues in the market and also their outcome on the global market.
In addition to the segmentation, the report is further segmented on the basis of regions. Based on region, the global market is segmented as Europe , North America, and the Asia-Pacific. Perspectives provided in the report enlightens the readers on the impact of various strategies adopted by major companies in different regions. Based on these insights, leading companies can understand the recent developments and market trends better and formulate investment driven marketing tactics and strategies.
Key Players Identified in Medical Aesthetic Devices Market
Detailed summary about crucial insights compiled in the report renders vital perspectives on strategies formulated by leading market players and its impact on the customer’s purchase decisions. Based on the perspectives presented in the report, market players can accurately analyse and implement vital investment decisions. Some of the leading companies identified in the market include, Allergan PLC, Cutera, Inc, El. En. Group, Hologic, Inc, Implatech Implant Teknolojileri and Johnson and Johnson among others.
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