Aesthetics Market Research Report Information By Procedure (Invasive Procedures {Breast Augmentation, Liposuction, Nose Reshaping, Eyelid Surgery, Tummy Tuck, and Others} and Non-invasive Procedures {Botox Injections, Soft Tissue Fillers, Chemical Peel, Laser Hair Removal, Microdermabrasion, and Others}), By Gender (Male, and Female), By End-User (Clinics, Hospitals, and Medical Spas, Beauty Centers, and Home Care), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2032.
According to MRFR analysis, the Aesthetics Market is expected to register a CAGR of 13.3% from 2023 to 2032 and hold a value of over USD 365 Billion by 2032.
The Global Aesthetics Market refers to the worldwide industry that encompasses various products, procedures, and services related to enhancing and improving physical appearance. It includes a wide range of cosmetic treatments and therapies aimed at enhancing or altering the aesthetics of the face, body, skin, hair, and other aspects of appearance.
The market is driven by the desire of individuals to improve their appearance, boost self-confidence, and maintain a youthful and attractive look.
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The close physical contact required for many aesthetic procedures made it challenging to adhere to social distancing guidelines, leading to temporary closures and limited operations of clinics, salons, and spas. Non-essential procedures were often postponed or canceled as people prioritized their health and safety. Supply chain disruptions and manufacturing delays caused shortages of aesthetic products. The shift towards digital platforms, such as virtual consultations and online sales, became more prevalent during the pandemic
Segmentation
The Global aesthetics market has been segmented into Procedure, Gender and End-User.
Based on Procedure: Invasive Procedures- Breast Augmentation, Liposuction, Nose Reshaping, Eyelid Surgery, Tummy Tuck and Others. Non-invasive Procedures- Botox Injections, Soft Tissue Fillers, Chemical Peel, Laser Hair Removal, Microdermabrasion and Others
Based on Gender: Male
Based on End-User: Clinics, Hospitals, and Medical Spas, Beauty Centers and Home Care
Key Players
Some of the key market players are: AbbVie, Evolus Inc., Cynosure, Revance Galderma, Syneron Candela, Lumenis, Solta Medical, and Alma Lasers
Regional Analysis
North America is currently the largest region in the Global Aesthetics Market. North America has a comparatively high level of disposable income, allowing individuals to spend more on aesthetic treatments and procedures. The willingness to invest in personal appearance and the availability of financial resources contribute to the growth of the aesthetics market in this region.
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North America and Europe, being major markets, faced declines due to closures and reduced consumer spending. Asia Pacific, a rapidly growing market, experienced setbacks but is expected to recover as vaccination efforts progress. Other regions, such as Latin America, the Middle East, and Africa, had varying impacts depending on the severity of the pandemic in each country.
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