Wilmington, Delaware Jun 25, 2020 (Issuewire.com) - Axiom Market Research & Consulting™ published a report on the impact of COVID-19 on the global medical aesthetics devices market. The study covers economic indicators analysis by major countries and impact on energy and non-energy based aesthetic device market of respective countries along with GDP, healthcare expenditure, government policies, business investments, key marketing strategies etc. The global medical aesthetics market was projected to grow at a CAGR of 9.30% over the forecast period of 2020 to 2026. The global market is estimated and forecasted in terms of revenue (USD million) generated by the medical aesthetics market.
The report analyses the global medical aesthetic devices market based on by device type energy-based aesthetic devices non-energy based devices Various energy-based aesthetic devices are studied are segmented into laser-based devices, light-based devices, radio frequency-based devices, ultrasound-based devices. Non-energy based aesthetic devices are studied are segmented into injectable {botulinum toxin, hyaluronic acid, particle & polymer filler, collagen}, aesthetic threads, chemical peels, microdermabrasion, implants {facial implants, breast implants}. The application segment is categorized into face & body contouring, facial & skin rejuvenation, breast enhancement, scar treatment, reconstructive surgery, tattoo removal, hair removal. The global market is studied for the key regions such as North America, Europe, Asia Pacific and Rest of the World.
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Expansion in the medical tourism industry owing to lucrative travel packages along with financial assistance through government funding for medical tourism mainly for reconstruction surgeries will escalate industry growth. Prevalence of breast cancer, road accidents and burning cases has led to a rise in reconstructive surgeries. As these surgeries are not covered in insurance medical tourism has offered cost-effective packages along with effective alone recovery time, thus promoting aesthetic procedures demand which is likely to drive medical aesthetic device market growth.
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Major players in the medical aesthetic market share include Aerolase Corp, .Allergan, Plc, Alma Laser, Anika Therapeutics, Inc., BTL Aesthetics, Cutera, Inc. Cynosure Inc.(Hologic Inc.), DEKA Laser, Fotona, Galderma S.A.(A Nestle Company), GC Aesthetics, HansBiomed Co., LtdHironic Co., Ltd., INMODE, Lumenis Ltd. Lutronic, Mentor Worldwide LLC (Johnson & Johnson Services, Inc.) Merz Pharma GmbH & Co. KGaA, Polytech Health & Aesthetics GmbH, Quanta System SpA, Sciton, Inc., SharpLight Technologies Inc, Sientra, Inc, Solta Medical STRATA Skin Sciences, Suneva Medical, Inc. Syneron, ThermiGen, LLCVenus, Concept, Viora, Viveve Medical.
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