(PharmaNewsWire.Com, May 18, 2017 ) The Asia-Pacific Medical Aesthetics Devices Market research report, published by Market Data Forecast estimates that the market itself was worth $1.97 billion in 2016 and expected to grow at a CAGR of 11.24%, to reach $3.36 billion by 2021 with a cumulative growth rate of $1.39 billion in the span of five years.
Any specialty that involves modification of one's physical appearance can be termed as aesthetic medicine, in a broad sense. This branch of medicine includes dermatology and surgical practices ranging from noninvasive procedures like laser treatment to invasive procedures like reconstructive surgeries.
The devices used by med aesthetic clinics are called aesthetics devices and they operate on Laser, Ultrasound, Radio frequency, Infrared, Intense pulse light and Dynamic pulse control technologies. Leading manufacturers have begun to make use of more than one of these technologies in each device thus aiding the rapid growth and advances in this field of treatment.
The report also presents detailed analysis of multitude of factors affecting the endoscopy devices market bearing either positive or negative outcomes. Some of those factors are:
Rising geriatric population
Increasing awareness among consumers
Rise in amount of aesthetic procedures
Technological advances in energy based devices
Rising demand of aesthetic treatment among the male population
Rigid safety regulation for aesthetic procedures
Constraints like reimbursement issues and social stigma
For granular level understanding the Medical Aesthetics Devices Market is segmented based on product and application, each being provided with Market Size Estimates and Y-o-Y Forecasts. The Asia-Pacific 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 centers.
Based on geography the market is analyzed under various regions namely, India, China, Japan, South Korea and Australia. China is leading the market in Asia-pacific region owing to high aging population. India and China are rapidly becoming good contributors to the market due to increase in aging population and increasing demand for these treatments.
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.
The Asia-Pacific Water Endoscopic Devices Market report offers wide-range of scope:
Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type long with market size forecasts and y-o-y estimations
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.
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