APAC Medical Aesthetics Market is expected to reach USD 5.56 billion by 2024 from USD 1.91 billion in 2016, at a CAGR of 14.3% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Segmentation: APAC Medical Aesthetics Market
The APAC medical aesthetics market is segmented on the basis of product type, application, end user, distribution channel, and geography. The APAC medical aesthetics market is segmented into 5 types, namely aesthetic laser devices, energy devices, skin tightening and body contouring devices, aesthetic implants and facial aesthetic devices. In 2017, the energy devices segment is expected to dominate the market with a share of 26.3% and is expected to continue this trend till 2024.
Key Drivers: APAC Medical Aesthetics Market
Some of the major factors driving the market for medical aesthetics market are increasing acceptance of minimally and non invasive aesthetic procedures, key players are taking strategic decisions to gain market share. These factors increase the demand for Medical Aesthetic Devices. Rising demand for medical aesthetics devices, and rising awareness among customers are the major factors driving the growth of the medical aesthetics market.
Regulatory scenario and high cost of treatment are the factors which may hinder the growth of this market.
Many companies are increasingly focusing on laser devices and skin tightening and body contouring in order to strengthen their product portfolios in the medical aesthetics market.
Increasing demand for laser devices, botox injections, dermal filler injections will drive the market in future.
Key Points: APAC Medical Aesthetics Market
- Lumenis, Cynosure, Inc.
- Syneron Medical ltd,
- Cutera Inc,
- Venus Concept,
- Aerolase Corp,
- BTL Industries Inc,
- Sciton Inc,
- Suneva Medical, Inc.
- Mentor Worldwide llc,
Skin tightening and body contouring devices market is growing with the highest CAGR.
Ablative skin resurfacing devices is dominating the medical aesthetics laser devices market.
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