The Non-Invasive Aesthetic Treatment Global Market Report 2023 by The Business Research Company, provides non-invasive aesthetic treatment market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Non-Invasive Aesthetic Treatment Global Market Report 2023, the global non-invasive aesthetic treatment market size grew from $49.6 billion in 2022 to $57.27 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the non-invasive aesthetic treatment market is expected to grow to $99.12 billion in 2027 at a CAGR of 14.7%.
The increasing focus on physical appearance among adults will propel the growth of the non-invasive aesthetic treatment market. Physical appearance refers to the external appearance of any individual irrespective of their gender, weight, height, or other aspects of the body. With the rapid increase in self-consciousness among individuals, the individuals are focusing on investing in products and medical treatments to increase their external appearance.
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The non-invasive aesthetic treatment market is segmented:
1) By Product: Injectable, Skin Rejuvenation
2) By End Use: Hospitals & Surgery Centers, Medical Spa, Clinics, Traditional Spa, HCP Owned Clinic
Technological advancement is a key trend gaining popularity in the non-invasive aesthetic treatment market. The companies operating in the non-invasive aesthetic treatment are increasingly focusing on developing innovative products with advanced technology and greater product efficiency. For instance, in January 2020, InMode Ltd., an Israel-based company specializing in minimally and non-invasive surgical aesthetic and medical treatment solutions, launched Evoke, a unique non-invasive facial reshaping solution. Evoke is a radiofrequency-based platform that uses regulated and uniform heating of the skin and subdermal tissue to treat patient’s cosmetic concerns.
The non-invasive aesthetic treatment market report table of contents includes:
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