The Business Research Company’s Aesthetic Medicine Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Aesthetic Medicine Global Market Report 2023 evaluates aesthetic medicine market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global aesthetic medicine market is expected to grow from $89,427.41 million in 2027 at a rate 9.5%. The market is then expected to grow at a CAGR of 8.4% from 2027 and reach $133,728.11 million in 2032. Growth in the forecast period can be attributed to the increasing elderly population. As individuals age, various skin issues arise, such as wrinkles and changes in pigmentation, start appearing on the face and other body parts. This leads to an increase in demand for anti-aging products which leads to growth of the market. According to the U.S. Census Bureau, in 2021, more than 54 million adults in the country are 65 years of age or older, making up roughly 16.5% of the total population. The U.S. has a large and growing population of older adults; by 2050, the total number of persons 65 and older is expected to increase to an estimated 85.7 million, or about 20% of the country’s total population. The increasing elderly population will contribute to the growth of the aesthetic medicine market.
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The aesthetic medicine market segments in the report are:
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
The table of contents in TBRC’s aesthetic medicine market report includes:
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