Aesthetic Medicine Market Is Expected To Increase At A CAGR Of 10.3% By 2032

Healthcare

Newly-released aesthetic medicine industry analysis report by Fact.MR shows that global sales of aesthetic medicine market in 2021 was held at US$ 64.6 Bn. With 10.3%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Non-invasive procedure is expected to be the highest revenue generating service, accounting for an absolute dollar opportunity of nearly US$ 64.4bn during 2022 – 2032.

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Key Takeaways from the Market Study

  • Non-invasive procedures segment to account for 53.7% of the market with a revenue of US$37.9 Bn in 2022.
  • In 2022, North America to contribute more than 41% market revenue.
  • An increase in awareness and demand for preventative procedures that provide anti-aging benefits of injectable medications early in life is expected to boost the aesthetic medicine market. Adults are self-conscious about their appearance.
  • With a market share of over US$6.8 billion, liposuction was the most major contributor in invasive procedures, while Botox injection was the most significant contributor in non-invasive procedures, with a market share of approximately US$9.5 Bn
  • Breast augmentation has witnessed a significant increase in the invasive procedure, which is expected to reach US$ 16.8 Bn by 2032 at a CAGR of 9.6%.

In recent years, non-invasive or minimally invasive procedures such as PRP, skin tightening, and medical facials have become more popular. Both new and old aesthetic medicine trends are expected to continue to grow in popularity, comments a Fact.MR analyst.

Market Segments Covered in Aesthetic Medicines Industry Analysis :

  • By Procedure Type :

    • Invasive Procedures
      • Breast augmentation
      • Liposuction
      • Nose reshaping
      • Eyelid surgery
      • Tummy tuck
      • Other invasive procedures
    • Non-Invasive Procedures
      • Botox injections
      • Soft tissue fillers
      • Chemical peel
      • Laser hair removal
      • microdermabrasion
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

 

 

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