According to the recent research report titled ‘Global Medical Aesthetics Market 2019-2028’, available with Market Study Report, global medical aesthetics market is projected to expand with a CAGR of 5.53% over 2019-2028.
 

As per the report findings, global medical aesthetics market growth is primarily driven by rising popularity of non-invasive techniques, and growing adoption of home-use aesthetic products. Moreover, technological advancements, and inclination towards medical aesthetic treatments are adding to the industry progression.
 

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Considering the restraints, side-effects associated with such procedures, and hefty cost of implantable medical devices are likely to hamper the remuneration scope of the industry. Furthermore, there are numerous counterfeit products available in the market which are substandard, as they are made without following regulatory criteria. It is often difficult to differentiate these products from the original ones, which acts as a risk for the buyers, thereby hindering the market growth.
 

Based on application spectrum, global medical aesthetics industry is split into surgical, and non-surgical. As per product type, the industry segmentation is comprised of devices, and implants. With respect to end user scope, the market is categorized into medical spas & beauty centers, and hospitals & clinics.
 

Speaking of regional landscape, Middle East & Africa, Latin America, Asia Pacific, Europe, and North America are the major growth avenues for the market. The report states that Asia Pacific industry is expected to accrue notable profits by the year 2028, owing to rising disposable income, booming population, along with growing awareness among people regarding youth and beauty. Rising medical tourism and technological advancements have made APAC a desirable market for medical aesthetics, with India being one of the most popular destinations for aesthetic surgical operations.
 

Major contenders impacting worldwide medical aesthetics market trends are InMode Ltd. (Invasix), Institut Straumann AG, Galderma S.A., Allergan plc, Lumenis (UK) Ltd., Merz Pharma GmbH & Co. KGaA, Ipsen Pharma SAS, Sientra Inc., Johnson & Johnson (J&J), Candela Corporation, Cynosure LLC, Zimmer Biomet, Cutera Inc., and Bausch Health Companies Inc. (Valeant Pharmaceuticals).
 

The research literature emphasizes on the key tactics adopted by these behemoths, along with recent developments such as product launches, acquisitions & mergers, and expansion roadmaps to guide stakeholders in taking informed investment decisions.