What are the recent trends in market size and growth for the aesthetic medicine market?
The aesthetic medicine market size has grown strongly in recent years. It will grow from $67.79 billion in 2024 to $74.41 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to rising disposable income and urbanization, a growing obese population, and the increasing popularity of noninvasive and minimally invasive aesthetic procedures.
The aesthetic medicine market size is expected to see strong growth in the next few years. It will grow to $104.62 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increasing elderly population, rapid urbanization and rise in disposable income, increase in mergers and acquisitions. Major trends in the forecast period include product innovations, use of artificial intelligence in aesthetics, development of focal radio frequency technology, use of laser-assisted liposuction, and partnerships and collaborations.
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How have varous drivers impacted the growth of the aesthetic medicine market?
The growing obese population across the globe is expected to propel the growth of the aesthetic medicine market. The increase in unhealthy food consumption, lack of physical activity, and parental & postnatal influences are contributing to rapid growth in the obese population across the globe. Individuals with obesity, seek aesthetic medicine for fat reduction, meso/face-lift, and other benefits through various invasive and non-invasive aesthetic medicine procedures. For instance, in May 2023, according to the Government Digital Service, a UK-based government body, in England, it was projected that 25.9% of individuals (18 years and older) were obese in 2022–2022 which has increased by 25.2%. Therefore, the growing number of obese populations across the globe is expected to drive the growth of the aesthetic medicine market.
What are the primary segments of the aesthetic medicine market?
The aesthetic medicine market covered in this report is segmented –
1) By Product: Facial Aesthetic Products, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, Other Products
2) By Procedure Type: Invasive Procedures, Non-Invasive Procedures
3) By End-User: Hospitals And Clinics, Medical Spas And Beauty Centres, Home Care
Subsegments:
1) By Facial Aesthetic Products: Dermal Fillers, Botox And Neurotoxins, Chemical Peels
2) By Body Contouring Devices: Cryolipolysis Devices, Radiofrequency Devices, Ultrasound Devices
3) By Cosmetic Implants: Breast Implants, Facial Implants, Body Implants
4) By Hair Removal Devices: Laser Hair Removal Devices, Intense Pulsed Light (IPL) Devices
5) By Skin Aesthetic Devices: Microneedling Devices, Laser Skin Resurfacing Devices, LED Therapy Devices
6) By Other Products: Skin Tightening Devices, Cellulite Reduction Devices, Anti-Aging Products
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Which firms are leading the aesthetic medicine market?
Major companies operating in the aesthetic medicine market include AbbVie, Johnson & Johnson, Galderma, Bausch Health, Shanghai Fosun Pharmaceutical Co, Cynosure, El.En. S.p.A, Cutera, Merz Pharma, Syneron Candela, Vive Cosmetics, VLCC Personal Care, Kazima Cosmetics, SoftFil, Sinclair Phama, BIOXIS pharmaceuticals, Premium Aesthetics LLC, Martinex, Medical Esthetic, Ipsen Pharma, Ruby Surgery & Aesthetics, Medicina Estética Regenerativa, Xcite Technologies, ReNue aesthetic medicine, VYDENCE Medical, Julphar, MSD (Musculoskeletal disorders), Next Biosciences, Novartis South Africa, Aspen Pharmacare, 54gene, Altis Biologics, Cipla Medpro, Sanofi Genzyme.
How will industry trends affect the trajectory of the aesthetic medicine market?
Companies in the aesthetic medicine market are focused on product innovations and developing new products to strengthen their position in the market. For example, in January 2022, Lumenis, an Israel-based energy-based medical device company for aesthetic, surgical, and ophthalmic applications launched the Splendor X device to the UK market. The device is powered by BLEND X technology, a binary laser emission of Nd: YAG (neodymium-doped yttrium aluminum garnet; Nd: Y3Al5O12) (1064 nm) and Alexandrite (755 nm) wavelengths with synchronized and adjustable proportions and the device is suitable for both men and women and can be used on all Fitzpatrick skin types. It can treat any area of the body, including the face, bikini line, legs, arms, stomach, and underarms.
Which geographic trends are shaping the aesthetic medicine market, and which region has the highest market share?
The countries covered in the aesthetic medicine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Does The Aesthetic Medicine Market Report 2025 Offer?
The aesthetic medicine market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Aesthetic medicine refers to a growing field of medicine that is separate from plastic surgery and offers minimally invasive medical procedures to improve patients’ pleasure with their physical appearance. These elective operations are carried out on healthy adult patients. The medical aesthetic treatments carried out through these aesthetic medicine products include non-invasive lipolysis, hair restoration and removal, cellulite reduction, wrinkle reduction, skin renewal & resurfacing, and others.
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