Report

Canada medical aesthetic devices market is expected to register growth at a significant CAGR during the forecast period. The market growth can be attributed to the rising demand for minimally invasive or non-invasive medical devices for diagnosis and making surgical interventions. Besides, increasing technological developments in the healthcare industry are anticipated to fuel the Canada medical aesthetic devices market in the coming years.
Medical aesthetic devices are medical tools and equipment used to treat patients' impairments in order to improve their aesthetic appearances. Skin treatment, facial upliftment, excessive fat removal, removal of unwanted facial hairs, scars, moles, and other aesthetic treatments necessitate the use of medical aesthetic devices. In other words, it refers to medical devices used to improve the cosmetic appearance of patients. Aesthetic devices include dental implants, breast implants, facial implants, saline fillers, and silicone gel fillers. Treatment-providing devices such as laser-based and light-based are also examples of medical aesthetic devices specializing in aesthetic treatment processes.

The increase in demand for medical procedures to perform aesthetic surgeries such as face lifts and fat removal is driving the growth of the Canada medical aesthetic devices market over the next five years. Furthermore, rising consumer interest in such aesthetic treatments due to changing beauty standards is fueling the adoption of medical aesthetic devices. Rising inclination of the young population toward social acceptability and concerns about their appearance is supporting the growth of the Canada medical aesthetic devices market in the next five years.
The increasing penetration of the internet and social media is influencing the local beauty trends. These fashion trends have a strong influence on the younger generation. Furthermore, growing sensitivity toward being accepted on social platforms based on their fashion sense and latest beauty standards is further substantiating the growth of the Canada medical aesthetic devices market in the forecast years until 2027.
With the advancement of technology, the healthcare industry in Canada is thriving. Increased government and private investment have supported consistent research and technological advances over the last five years. Multiple market players are actively investing in innovative product development, which is anticipated support the growth of the Canadian medical aesthetic devices market over the next five years.
Increasing demand for minimally invasive devices is further driving the growth of the Canada medical aesthetic device market in the upcoming five years. Consumers are demanding such advanced devices to avoid scarring or post-operative fixatures. Technological advancements to introduce laser and light-based treatments are some of its major examples.
The Canada medical aesthetic devices market is segmented on the basis of type of devices, application, end user, competitional landscape, and regional distribution. Based on type of devices, the market is further fragmented into energy-based aesthetic device and non-energy-based aesthetic device. Energy-based aesthetic devices are anticipated to register the highest growth in the market during the forecast period.
Key players operating in the Canada medical aesthetic devices market are AbbVie, Inc., Bausch Health Companies, Inc., Cutera, Inc., Johnson & Johnson, Zimmer Biomet Holdings, Inc., Alcon Inc., Anika Therapeutics Inc., Hologic, Inc. (Cynosure), Sientra, Inc., Venus Concept USA, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Canada medical aesthetic devices from 2017 to 2021.
- To estimate and forecast the market size of Canada medical aesthetic devices market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the Canada medical aesthetic devices market based on type of device, application, end user, region, and company.
- To identify the dominant region or segment in the Canada medical aesthetic devices market.
- To identify drivers and challenges for the Canada medical aesthetic devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Canada medical aesthetic devices market.
- To identify and analyze the profiles of leading players operating in the Canada medical aesthetic devices market.
- To identify key sustainable strategies adopted by market players in Canada medical aesthetic devices market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Canada medical aesthetic devices market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Canada medical aesthetic devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Canada Medical Aesthetic Devices Market, By Type of Device:
o Energy-Based Aesthetic Device
o Laser-Based Aesthetic Device
o Radiofrequency-Based Aesthetic Device
o Light-Based Aesthetic Device
o Others
o Non-Energy-Based Aesthetic Device
o Aesthetic Botulinum Toxin
o Microdermabrasion
o Implants
o Others
- Canada Medical Aesthetic Devices Market, By Application:
o Skin Resurfacing and Tightening
o Body Contouring and Cellulite Reduction
o Hair Removal
o Facial Aesthetic Procedures
o Others
- Canada Medical Aesthetic Devices Market, By End User:
o Hospitals & Clinics
o Home Care Settings
o Others
- Canada Medical Aesthetic Devices Market, By Region:
o Ontario region
o Quebec region
o Alberta region
o British Columbia region
o Saskatchewan and Manitoba region
o Rest of Canada.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Canada medical aesthetic devices market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).