The Europe Medical Aesthetics Devices Market was worth $1.22 billion in 2016 and estimated to be growing at a CAGR of 10.37%, to reach $1.99 billion by 2021
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PR-Inside.com: 2017-12-07 12:53:12
TheEurope medical aesthetic devices market is estimated to persist witnessing healthy growth as an increasing importance on youth and beauty drives customers to take aesthetic treatments.Aesthetic lasers and energy devices are utilized for several cosmetic processes, involving fat and cellulite decline, skin contraction and resurfacing, hair deduction, pigmented lesions and vascular treatment. The market is anticipated to experience considerable growth, driven by the growing enterprise of medical spas in Europe and augmented patient demand for minimally and non-invasive body contouring techniques. Moreover, noncore physicians will even more add cellulite decrease and skin contraction to their service contributions owing to the profitable business that these procedures produce. Though, the market is inhibited by the social stigma associated with aesthetic procedures and reimbursement issues.
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The Europe Medical Aesthetics Devices market is segmented on the basis of product type into Energy based devices, implants and anti-wrinkle products. Energy based devices are further sub-segmented into Aesthetic Laser Devices, Body Contouring Devices, Microdermabrasion and Ultrasound. Also, anti-wrinkle sector is further divided into Botulinum toxin, Dermal Fillers and Chemical Peel. Based on procedures the market is segmented into cosmetic procedures and reconstruction procedures. Cosmetic procedures are of two kinds minimally invasive and surgical procedures. On the basis of end users, the market is bifurcated into home use and clinics and beauty centres. The anti-wrinkle products section is estimated to show considerable growth during the forecast period due to wide accessibility of these products, immediate and continual results and deteriorating costs.
Based on geography the market is analysed under various regions namely, Germany, France, U.K, Italy and Spain. Countries like France and Spain are anticipated to grow with highest CAGR in the forecast period.
The market for aesthetic medicine is highly fragmented with many local players competing with international players. Some of the key players in the global medical aesthetic market are Allergan, Cynosure, Johnson & Johnson, LCA Pharmaceutical, Galderma Pharma, Solta Medical, Cutera, Focus Medical, Human Med Ag, Genzyme Corporation, Alcon Inc. and Alma Lasers.
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