Advancements In Laser Technology To Escalate Medical Aesthetics Demand

By Author: Pramod Kumar
Total Articles: 97
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Medical aesthetics refers to the branch of scientific research that uses minimally invasive treatment devices and procedures, which help improve the physical appearance of an individual. This branch encompasses a wide array of treatment procedures and devices that are used to reduce fine lines and wrinkles; treat scars; rejuvenate, oxygenate and, tighten the skin; minimize fat; and eliminate stretch marks. Thus, the rising public consciousness about physical appearance will accelerate the adoption of medical aesthetic products in the forthcoming years.

In addition, increasing advancements in laser technology and growing preference for non-surgical procedures over surgical procedures will help the medical aesthetics market witness a notable CAGR of 12.2% during the forecast years (2017–2023).

In the recent past, injectables, such as dermal fillers and neurotoxin, were used in the largest quantity due to the surging need for botulinum toxin worldwide. In the coming years, energy-based aesthetics will be consumed in extensive volume, due to the rising need for laser and radiofrequency devices. Additionally, customers ...
... are also using topicals, such as gels and creams, and breast implants, such as saline implants and silicone implants, to improve their physical appearance.

Currently, the aforementioned end users are using medical aesthetic products manufactured by several players, such as Allergan plc., Merz GmbH & Co. KGaA, Lumenis ltd., Valeant Pharmaceuticals International Inc., Merz North America, Hologic Inc., Johnson & Johnson, Nestle Skin Health S.A., Cutera Inc., and Alma Lasers Ltd. At present, these companies are focusing on acquisition and collaboration to provide better medical aesthetics solutions for their existing and potential customers. For example, in December 2016, Allergan Plc. completed the acquisition of LifeCell to combine its medical aesthetics business with the regenerative medicine business of the latter.

Geographically, the North American region holds the largest share in the medical aesthetics market, wherein the U.S. accounts for a larger revenue share. The dominance of this region can be credited to the presence of established market players and the entry of numerous market players in the U.S. and Canada. New and established players in the region are constantly focusing on innovation in aesthetic procedures, owing to which the demand for medical aesthetic products is escalating exponentially in regional countries.

Read More Medical Aesthetics Market Overview @ https://www.psmarketresearch.com/market-analysis/medical-aesthetics-market

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.