Global Medical Cosmetology Market, By Procedure Type, By Route of Administration, By Application, By End-User, By Region & Segmental Insights Trends and Forecast, 2024 – 2034
- Industry: Healthcare
- Report ID: TNR-110-1181
- Number of Pages: 420
- Table/Charts : Yes
- June, 2024
- Base Year : 2024
- No. of Companies : 10+
- No. of Countries : 29
- Views : 10153
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Medical cosmetology is a specialized field that combines medical expertise with cosmetic procedures to enhance and improve physical appearance. It encompasses a wide range of treatments aimed at addressing skin issues, signs of aging, and other aesthetic concerns. These treatments include non-invasive and minimally invasive procedures such as Botox injections, dermal fillers, chemical peels, laser therapies, and microneedling. Unlike traditional beauty treatments, medical cosmetology is performed by trained healthcare professionals, including dermatologists and plastic surgeons, ensuring a high level of safety and efficacy.
The field leverages advanced medical technologies and techniques to achieve natural-looking results with minimal downtime and risk. Medical cosmetology is increasingly popular due to its ability to deliver significant improvements in appearance, boosting self-confidence and overall well-being. It addresses the growing demand for aesthetic enhancement driven by societal beauty standards, aging populations, and the influence of social media and celebrity culture.
The demand for medical cosmetology is driven by several factors, including the increasing emphasis on personal appearance and the desire for youthful, radiant skin. Advances in non-invasive and minimally invasive procedures, such as Botox, dermal fillers, and laser treatments, have made cosmetic enhancements more accessible and appealing due to their minimal downtime and high safety profiles. The aging population significantly contributes to this demand as more individuals seek effective anti-aging treatments.
Additionally, rising disposable incomes and the growing acceptance of cosmetic procedures in society further fuel market growth. The influence of social media and celebrity culture also plays a crucial role, as people are inspired by public figures to pursue aesthetic enhancements, making medical cosmetology a rapidly expanding field.
In terms of revenue, the global medical cosmetology market was worth US$ 15.9 Bn in 2023, anticipated to witness CAGR of 9.6% during 2024 – 2034.
Trends in the Global Medical Cosmetology Market
- Non-Invasive and Minimally Invasive Procedures: The market is witnessing a shift towards non-invasive and minimally invasive cosmetic procedures, such as Botox, dermal fillers, and laser treatments. These procedures offer the benefits of minimal downtime, reduced risk of complications, and quicker recovery times compared to traditional surgical methods. This trend is driven by the increasing demand for convenient, effective treatments that provide natural-looking results without the need for extensive surgery.
- Technological Advancements: Innovations in medical cosmetology technologies are significantly enhancing treatment outcomes and patient experiences. Advanced laser systems, radiofrequency devices, and ultrasound-based treatments allow for precise targeting of skin issues, improving efficacy and safety. Additionally, the integration of artificial intelligence and machine learning in diagnostics and personalized treatment planning is becoming more prevalent, driving the market forward
- Growing Popularity Among Men: Medical cosmetology is no longer exclusive to women; an increasing number of men are seeking cosmetic treatments to enhance their appearance. Procedures like hair transplantation, Botox, and skin rejuvenation are gaining popularity among male patients. This trend reflects changing societal attitudes towards male grooming and self-care, expanding the market’s demographic reach and contributing to its overall growth.
Skin Rejuvenation Application is Projected as the Fastest Growing Segment in the Global Medical Cosmetology Market during the Forecasted Period.
Advances in technology have made skin rejuvenation procedures more effective and accessible, with treatments like laser therapy, chemical peels, and microneedling offering significant improvements in skin texture and appearance with minimal downtime. The aging population is a major driver, as more individuals seek non-invasive methods to reduce signs of aging such as wrinkles, fine lines, and age spots. Increased awareness and desire for youthful, radiant skin among younger demographics also contribute to the demand, influenced by social media and beauty standards.
Additionally, the rising prevalence of skin conditions caused by factors like sun exposure and pollution drives people to seek professional skin rejuvenation treatments. Enhanced safety profiles and reduced recovery times of modern procedures further boost their popularity, making skin rejuvenation a cornerstone of the medical cosmetology market.
By End User Hospitals Segment had the Highest Share in the Global Medical Cosmetology Market in 2023.
Hospitals are increasingly integrating aesthetic procedures into their offerings to diversify revenue streams and attract a broader patient base. The growing emphasis on holistic healthcare, which includes physical appearance and well-being, aligns with patients’ desires for comprehensive medical and aesthetic care in a trusted medical environment. Additionally, advancements in minimally invasive cosmetic procedures, such as laser treatments, Botox, and dermal fillers, make it feasible for hospitals to provide these services with minimal downtime and high patient satisfaction. The aging population, seeking anti-aging treatments, and the rise in disposable incomes contribute significantly to the increased demand.
Hospitals also benefit from their reputation for safety and expertise, making them a preferred choice for patients considering cosmetic enhancements. This integration of medical cosmetology in hospitals reflects a broader trend towards combining health and aesthetics under one roof. In addition, In the past five years, the number of hospitals incorporating cosmetic procedures has grown by approximately 30%, with non-invasive treatments like Botox and dermal fillers leading the way. A survey conducted in 2023 indicated that 45% of hospitals in urban areas now offer some form of medical cosmetology services.
By Region, North America Dominated the Global Medical Cosmetology Market in 2023.
North America has garnered major market share in 2023. The demand for medical cosmetology in North America is driven by several factors, including the growing emphasis on aesthetic appeal and personal grooming, advancements in cosmetic procedures, and an aging population seeking anti-aging treatments. Increasing disposable income and societal acceptance of cosmetic enhancements further fuel this demand. Innovations in non-invasive and minimally invasive procedures, such as Botox, dermal fillers, and laser treatments, offer effective solutions with minimal downtime, attracting a broader demographic.
Additionally, the influence of social media and celebrity culture promotes the desire for youthful and enhanced appearances, contributing to the popularity of medical cosmetology services. This combination of technological progress and evolving beauty standards drives the robust demand for medical cosmetology in North America.
Europe is projected to garnered significant share in global medical cosmetology market in 2023. Non-invasive procedures are particularly popular, with treatments like Botox and dermal fillers seeing a 15% increase in demand in 2022. Countries such as Germany, France, and the United Kingdom are leading the market, with Germany alone accounting for over 20% of the region’s market share. The rise in medical tourism has also contributed to this growth, with Europe becoming a preferred destination for high-quality and advanced cosmetic treatments.
Competitive Landscape
Some of the players operating in the medical cosmetology market are
- BSL Clinic
- Cutis Medical Laser Clinics
- Grand Plastic Surgery
- Rejuv Medical
- Shea Aesthetic Clinic
- SKINovative
- The Cosmetic Clinic
- Therapie Clinic /Valterous Limited.
- Other Industry Participants
Global Medical Cosmetology Market Scope
Report Specifications | Details |
Market Revenue in 2023 | US$ 15.9 Bn |
Market Size Forecast by 2034 | US$ 43.6 Bn |
Growth Rate (CAGR) | 9.6% |
Historic Data | 2016 – 2022 |
Base Year for Estimation | 2023 |
Forecast Period | 2024 – 2034 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Procedure Type, By Route of Administration, By Application, By End-User, By Region |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | BSL Clinic, Cutis Medical Laser Clinics, Grand Plastic Surgery, Rejuv Medical, Shea Aesthetic Clinic, SKINovative, The Cosmetic Clinic, Therapie Clinic /Valterous Limited. |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
Japan (Toll-Free): +81 663-386-8111 South Korea (Toll-Free): +82-808- 703-126 Saudi Arabia (Toll-Free): +966 800-850-1643 United Kingdom: +44 753-710-5080 United States: +1 302-232-5106 E-mail: askanexpert@thenicheresearch.com
|
Global Medical Cosmetology Market
By Procedure Type
- Non-Surgical Procedures
- Botox Treatment
- Dermal Fillers
- Chemical Peels
- Laser Hair Removal
- Microdermabrasion
- Non-Surgical Fat Reduction (CoolSculpting, Ultrasound)
- Microneedling
- Laser Skin Resurfacing
- Radiofrequency Skin Tightening
- Others
- Surgical Procedures
- Liposuction
- Breast Augmentation
- Facelifts
- Rhinoplasty (Nose Surgery)
- Blepharoplasty (Eyelid Surgery)
- Abdominoplasty (Tummy Tuck)
- Hair Transplantation
- Otoplasty (Ear Surgery)
- Others
By Route of Administration
- Topical
- Injectable
By Application
- Skin Rejuvenation
- Anti-Aging Treatments
- Wrinkle Reduction
- Scar Treatment
- Stretch Mark Reduction
- Others
- Body Contouring
- Fat Reduction
- Body Sculpting
- Others
- Hair Restoration
- Hair Transplant
- Laser Hair Removal
- Others
- Facial Aesthetic
- Lip Enhancement
- Cheek Augmentation
- Jawline Contouring
- Others
By End User
- Hospitals
- Dermatology Clinics
- Beauty Centers and Medical Spas
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Report Layout:
Table of Contents
Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.
**Exclusive for Multi-User and Enterprise User.
Global Medical Cosmetology Market
By Procedure Type
- Non-Surgical Procedures
- Botox Treatment
- Dermal Fillers
- Chemical Peels
- Laser Hair Removal
- Microdermabrasion
- Non-Surgical Fat Reduction (CoolSculpting, Ultrasound)
- Microneedling
- Laser Skin Resurfacing
- Radiofrequency Skin Tightening
- Others
- Surgical Procedures
- Liposuction
- Breast Augmentation
- Facelifts
- Rhinoplasty (Nose Surgery)
- Blepharoplasty (Eyelid Surgery)
- Abdominoplasty (Tummy Tuck)
- Hair Transplantation
- Otoplasty (Ear Surgery)
- Others
By Route of Administration
- Topical
- Injectable
By Application
- Skin Rejuvenation
- Anti-Aging Treatments
- Wrinkle Reduction
- Scar Treatment
- Stretch Mark Reduction
- Others
- Body Contouring
- Fat Reduction
- Body Sculpting
- Others
- Hair Restoration
- Hair Transplant
- Laser Hair Removal
- Others
- Facial Aesthetic
- Lip Enhancement
- Cheek Augmentation
- Jawline Contouring
- Others
By End User
- Hospitals
- Dermatology Clinics
- Beauty Centers and Medical Spas
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers.
Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues.
Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts.
Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here’s a breakdown of our data validation processes and the stakeholders we engage with during our primary research:
- Supply Side Analysis: We initiate a supply side analysis by directly contacting market participants, through telephonic interviews and questionnaires containing both open-ended and close-ended questions. We gather information on their portfolios, segment revenues, developments, and growth strategies.
- Demand Side Analysis: To gain insights into adoption trends and consumer preferences, we reach out to target customers and users (non-vendors). This information forms a vital part of the qualitative analysis section of our reports, covering market dynamics, adoption trends, consumer behavior, spending patterns, and other related aspects.
- Consultant Insights: We tap into the expertise of our partner consultants from around the world to obtain their unique viewpoints and perspectives. Their insights contribute to a well-rounded understanding of the markets under investigation.
- In-House Validation: To ensure data accuracy and reliability, we conduct cross-validation of data points and information through our in-house team of consultants and utilize advanced data modeling tools for thorough verification.
The forecasts we provide are based on a comprehensive assessment of various factors, including:
- Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market’s evolution.
- Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
- Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
- Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
- New Acquisitions, Collaborations, or Partnerships: We keep a close watch on any new acquisitions, collaborations, or partnerships within the industry. These developments can have a significant impact on market dynamics and competitiveness.
- Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
- End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
- Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
- Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market’s historical performance.
Research process adopted by TNR involves multiple stages, including data collection, validation, quality checks, and presentation. It’s crucial that the data and information we provide add value to your existing market understanding and expertise. We have also established partnerships with business consulting, research, and survey organizations across regions and globally to collaborate on regional analysis and data validation, ensuring the highest level of accuracy and reliability in our reports.