Medical Aesthetics Market Growth of 10.8% by 2020 - Rising Medical Tourism a Key Driver - Research and Markets
Research and Markets has announced the addition of the "Medical Aesthetics Market by Products, Procedures, & End-Users - Global Forecast to 2020" report to their offering.
The global medical aesthetics market is estimated to grow at a CAGR of 10.8% from 2015 to 2020.
North America held the largest share of the medical aesthetics market in 2015. However, the Asia-Pacific region is poised to grow at the highest CAGR of 12.6% in the next five years. Factors such as rising consumer awareness and interest in aesthetic procedures, strong local economies, aggressive marketing by leading U.S. and European companies in Asia, decreasing social taboos, and rising medical tourism are propelling its growth.
The growth of the global medical aesthetics market is mainly driven by the growing adoption of minimally invasive and noninvasive aesthetic procedures, aging population, increasing awareness among customers, technological advancements in energy-based devices, rising number of aesthetic procedures, and increasing demand for aesthetic treatments among the male population. However, a stringent safety regulation for aesthetic procedures is a major factor restraining the growth of this market. Growing adoption of home use aesthetic devices and increasing demand for cosmetic treatments in emerging markets are creating opportunities for growth of the medical aesthetics market.
- Allergan, Inc.
- Cynosure, Inc.
- Galderma S.A.
- Lumenis Ltd.
- Mentor Worldwide LLC
- PhotoMedex, Inc.
- Solta Medical, Inc.
- Syneron Medical, Ltd.
- ZELTIQ Aesthetics, Inc.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Market, By Product
7 Medical Aesthetics Market, By End User
8 Medical Aesthetics Market, By Procedure
9 Global Medical Aesthetics Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/w4rkkl/medical