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Report
Medical Aesthetic Devices: Technologies and Global Markets
Market Research Report I 2025-04-21 I 144 Pages I BCC Research
Description
Report Scope:
This report analyzes the market for medical aesthetic devices by market segment, examining trends, challenges and opportunities, evaluating applications, and providing forecasts through 2029. It also looks at emerging technologies and recent technological advances. The report also evaluates the financial performance, product portfolios and recent initiatives of leading companies.
This report segments the global market by device type, application, end user and region. Regions are North America, Europe, Asia-Pacific and the Rest of the World (RoW). Regional analysis is further segmented by country as follows:
- North America: U.S., Canada and Mexico.
- Europe: Germany, U.K., France, Italy, Spain and the Rest of Europe.
- Asia-Pacific: China, Japan, India, South Korea, Australia and the Rest of Asia-Pacific.
Data for market estimates have been provided for 2021 and 2022 as the historical years, 2023 as the base year and forecast through the end of 2029.
The report also features profiles of leading product manufacturers in the industry, including Alma Lasers, Johnson & Johnson Services Inc., El. En. S.p.A., Bausch Health Companies Inc. and Allergan Aesthetics, an AbbVie company.
Report Includes
- 65 data tables and 47 additional tables
- An analysis of the global markets for medical aesthetic devices
- Analyses of the global market trends, with data from 2021-2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of and forecast for the overall market size for medical aesthetic devices, and quantification of the market potential by device type, application, and region
- Discussion of the COVID-19 implications for the medical aesthetic devices market and statistics for the number of surgical procedures performed
- Coverage of technological breakthroughs in laser treatments, and discussion on the role of cosmetic surgery in medical tourism
- Insights into the regulatory environment for medical aesthetic devices in the U.S. and Europe
- Review of the patent filings and research publications for innovations in medical aesthetic devices
- A discussion of the industry's ESG challenges and practices
- Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
- Insights into the industry structure, competitive landscape, clinical trials and ongoing research activity
- Profiles of the leading companies, including Alma Lasers, Johnson & Johnson Services Inc., AbbVie Inc., Bausch Health Companies Inc., and El.En. S.p.A.
Executive Summary
Summary:
The global market for medical aesthetic devices was valued at $20.1 billion in 2023. It is projected to grow from $22.2 billion in 2024 to $37.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.3% from 2024 through 2029.
The global market for medical aesthetic devices was valued at $20.1 billion in 2023. It is forecast to grow at a compound annual growth rate (CAGR) of 11.3% to reach $37.9 billion by the end of 2029. The growing use of minimally invasive devices, the increase in the number of medical aesthetic procedures, developments in cosmetic surgery using laser technology, the rise in medical tourism, the increase in demand for breast augmentation surgeries and the rise in the prevalence of obesity are factors driving market growth.
However, the high cost of medical aesthetic procedures, inadequate reimbursement policies and stringent government regulations, ethical and social stigmas related to medical aesthetics and adverse effects from cosmetic procedures could hinder the market's growth in the next five years.
This report segments the global market by device type, application, end user and region. By device type, the non-energy-based aesthetic device segment accounted for the larger market share in 2023 and is expected to grow at a CAGR of 11.6% during the forecast period. This segment's dominance is ascribed to its minimal risk and less invasive nature, which makes these procedures safer for a wide range of patients. Additionally, these devices offer more affordable treatment options.
By application, the facial aesthetic procedures segment held the largest market share in 2023. This segment's dominance is ascribed to the rising popularity of facial rejuvenation treatments, such as Botox, dermal fillers and skin resurfacing, particularly among younger and aging populations.
Hospitals held the largest share of the end-user market in 2023. By region, North America accounted for 36.7% of the market in 2023. Increased adoption of medical aesthetics and the significant regional presence of key product manufacturers contributed to this large share.
Leading global product manufacturers include Alma Lasers, Johnson & Johnson Services Inc., El. En. S.p.A., Bausch Health Companies Inc. and Allergan Aesthetics, an AbbVie company.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Aesthetic Medicine: An Overview
Aesthetic Procedures
Connecting Health and Beauty
Growth and Market Potential
Demographics and Consumer Preferences
Overview of Aesthetic Treatments
Technological Breakthroughs in Laser Treatments
Professional Societies in Medical Aesthetics
Medical Tourism
Role of Cosmetic Surgery in Medical Tourism
Benefits of Medical Tourism
Future Outlook
Statistics for Medical Aesthetics
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Adoption of Minimally-Invasive Devices
Increase in the Number of Medical Aesthetic Procedures
Developments in Cosmetic Surgery Using Laser Technology
Rise in the Prevalence of Obesity
Increase in Demand for Breast Augmentation Surgeries
Rise in Medical Tourism
Market Challenges and Restraints
Cost of Medical Aesthetic Procedures
Low Reimbursement Policies and Stringent Government Regulations
Ethical and Social Stigmas Related to Medical Aesthetics
Adverse Effects from Cosmetic Surgeries
Market Opportunities
Emerging Economies
Marketing Strategies for Medical Aesthetic Companies
Chapter 4 Industry Outlook: Regulatory Framework
Regulatory Framework in the U.S.
Regulatory Authority and Historical Context
FDA Oversight Process
Regulatory Framework in Canada
Regulatory Framework in the EU
Key Responsibilities of Competent Authorities
Regulatory Requirements for Non-EU Manufacturers
Mutual Recognition Agreement (MRA) Between the EU and U.S.
Approval and Quality System Evaluations
Quality Standards and Inspections
Regulatory Framework in Japan
Approval Process for Medical Aesthetic Devices
Clinical Trials
Acceptance of Foreign Clinical Data
Implications for Medical Aesthetic Device Manufacturers
Regulatory Framework in China
Classification of Medical Aesthetic Devices
Registration Process
Labeling and Documentation Requirements
Additional Regulatory Steps
Challenges and Timelines
Regulatory Framework in India
Import and Approval of Medical Aesthetic Devices
Challenges in Regulatory Oversight
Transition Toward a Risk-based Framework
Impact on Domestic Manufacturers
The Road Ahead
Regulatory Framework in Latin America
Regulatory Framework in Saudi Arabia
Chapter 5 Emerging Technologies and Developments
Emerging Technologies
Developments in Fat-Reducing and Skin-Tightening Devices
Advances in Aesthetic Laser Devices
Adoption of Robot-based Surgery
Adoption of AI
Advances in Radiofrequency and Ultrasound Technology
Integrating Regenerative Medicine and Stem Cell Therapy
Chapter 6 Market Segmentation Analysis
Market Trends
Segmentation Breakdown
Global Market for Medical Aesthetic Devices
Market Analysis by Device Type
Non-Energy-based Aesthetic Devices
Energy-based Aesthetic Devices
Market Analysis by Application
Facial Aesthetic Procedures
Skin Resurfacing and Tightening
Body Contouring and Cellulite Reduction
Breast Augmentation
Hair Removal
Market Analysis by End User
Hospitals
Slimming and Beauty Clinics
Dermatology Clinics
Geographic Breakdown
Market Analysis by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 7 Competitive Intelligence
Competitive Landscape
Market Rank of Companies
Developments and Strategies
Partnerships and Collaborations
Product Launches and Approvals
Chapter 8 Patent Review
General Patent Application Process
Chapter 9 Sustainability in the Medical Aesthetic Device Industry
Introduction to ESG
Sustainability in the Medical Aesthetic Device Industry
Drivers for Sustainability in Medical Aesthetic Devices
ESG Risk Ratings
Concluding Remarks from BCC
Chapter 10 Appendix
Methodology
Sources
Abbreviations
Company Profiles
ABBVIE INC.
ALMA LASERS
BAUSCH HEALTH COMPANIES INC.
CANDELA CORP.
CUTERA INC.
CYNOSURE LUTRONIC
EL.EN. SPA
IMPLANTECH
JOHNSON & JOHNSON SERVICES INC.
LUMENIS BE LTD.
MEDYTOX
MERZ PHARMA
PHOTOMEDEX
TIGER BIOSCIENCES
VENUS CONCEPT
List of Tables
Summary Table : Global Market for Medical Aesthetic Devices, by Region, Through 2029
Table 1 : Number of Surgical Procedures Performed by Plastic Surgeons Worldwide, 2022 vs. 2023
Table 2 : Number of Nonsurgical Procedures Performed by Plastic Surgeons Worldwide, 2022 vs. 2023
Table 3 : Botulinum Toxin Procedures Performed Worldwide, by Age Group, 2023
Table 4 : Total Number of Cosmetic Procedures Performed, by Country, 2023
Table 5 : Top 30 Countries for Estimated Number of Plastic Surgeons, 2023
Table 6 : Number and Percentage of Overweight or Obese People (Over the Age of 5), 2020-2035
Table 7 : Global Obesity Trends for Children and Adolescents Age 5 to 19, by Gender, 2020-2035
Table 8 : Global Obesity Trends for Adults (Age 20 and Above), by Gender, 2020-2035
Table 9 : Global Market for Medical Aesthetic Devices, Through 2029
Table 10 : Global Market for Medical Aesthetic Devices, by Device Type, Through 2029
Table 11 : Global Market for Non-Energy-based Aesthetic Devices, by Region, Through 2029
Table 12 : Global Market for Energy-based Aesthetic Devices, by Region, Through 2029
Table 13 : Global Market for Medical Aesthetic Devices, by Application, Through 2029
Table 14 : Global Market for Medical Aesthetic Devices Used in Facial Aesthetic Procedures, by Region, Through 2029
Table 15 : Global Market for Medical Aesthetic Devices Used in Skin Resurfacing and Tightening, by Region, Through 2029
Table 16 : Global Market for Medical Aesthetic Devices Used in Body Contouring and Cellulite Reduction, by Region, Through 2029
Table 17 : Global Market for Medical Aesthetic Devices Used in Breast Augmentation, by Region, Through 2029
Table 18 : Global Market for Medical Aesthetic Devices Used in Hair Removal, by Region, Through 2029
Table 19 : Global Market for Medical Aesthetic Devices, by End User, Through 2029
Table 20 : Global Market for Medical Aesthetic Devices Used in Hospitals, by Region, Through 2029
Table 21 : Global Market for Medical Aesthetic Devices Used in Slimming and Beauty Clinics, by Region, Through 2029
Table 22 : Global Market for Medical Aesthetic Devices Used in Dermatology Clinics, by Region, Through 2029
Table 23 : Global Market for Medical Aesthetic Devices, by Region, Through 2029
Table 24 : North American Market for Medical Aesthetic Devices, by Country, Through 2029
Table 25 : North American Market for Medical Aesthetic Devices, by Device Type, Through 2029
Table 26 : North American Market for Medical Aesthetic Devices, by Application, Through 2029
Table 27 : North American Market for Medical Aesthetic Devices, by End User, Through 2029
Table 28 : Surgical Cosmetic Procedures Performed in the U.S., 2023
Table 29 : Most Common Surgical Cosmetic Procedures Performed in the U.S., 2023
Table 30 : Number of Nonsurgical Cosmetic Procedures Performed in the U.S., 2023
Table 31 : Most Common Nonsurgical Cosmetic Procedures Performed in the U.S., 2023
Table 32 : Surgical Cosmetic Procedures Performed in Mexico, 2023
Table 33 : Most Common Surgical Cosmetic Procedures Performed in Mexico, 2023
Table 34 : Nonsurgical Cosmetic Procedures Performed in Mexico, 2023
Table 35 : Most Common Nonsurgical Cosmetic Procedures Performed in Mexico, 2023
Table 36 : European Market for Medical Aesthetic Devices, by Country, Through 2029
Table 37 : European Market for Medical Aesthetic Devices, by Device Type, Through 2029
Table 38 : European Market for Medical Aesthetic Devices, by Application, Through 2029
Table 39 : European Market for Medical Aesthetic Devices, by End User, Through 2029
Table 40 : Number of Surgical Cosmetic Procedures Performed in Germany, 2023
Table 41 : Most Common Surgical Cosmetic Procedures Performed in Germany, 2023
Table 42 : Nonsurgical Cosmetic Procedures Performed in Germany, 2023
Table 43 : Most Common Nonsurgical Cosmetic Procedures Performed in Germany, 2023
Table 44 : Surgical Cosmetic Procedures Performed in France, 2023
Table 45 : Most Common Surgical Cosmetic Procedures Performed in France, 2023
Table 46 : Number of Nonsurgical Cosmetic Procedures Performed in France, 2023
Table 47 : Most Common Nonsurgical Cosmetic Procedures Performed in France, 2023
Table 48 : Asia-Pacific Market for Medical Aesthetic Devices, by Country, Through 2029
Table 49 : Asia-Pacific Market for Medical Aesthetic Devices, by Device Type, Through 2029
Table 50 : Asia-Pacific Market for Medical Aesthetic Devices, by Application, Through 2029
Table 51 : Asia-Pacific Market for Medical Aesthetic Devices, by End User, Through 2029
Table 52 : Surgical Cosmetic Procedures Performed in India, 2023
Table 53 : Most Common Surgical Cosmetic Procedures Performed in India, 2023
Table 54 : Nonsurgical Cosmetic Procedures Performed in India, 2023
Table 55 : Most Common Nonsurgical Cosmetic Procedures Performed in India, 2023
Table 56 : RoW Market for Medical Aesthetic Devices, by Device Type, Through 2029
Table 57 : RoW Market for Medical Aesthetic Devices, by Application, Through 2029
Table 58 : RoW Market for Medical Aesthetic Devices, by End User, Through 2029
Table 59 : Rank of Medical Aesthetics Device Companies, 2023
Table 60 : Recent Mergers and Partnerships in the Medical Aesthetic Device Industry, 2024
Table 61 : Recent Product Launches and Approvals in the Medical Aesthetic Devices Market, 2023-2025
Table 62 : Patents on Medical Aesthetic Devices, 2023-2024
Table 63 : Sustainability Initiatives of Leading Companies
Table 64 : ESG Accomplishments of Major Medical Aesthetic Companies
Table 65 : ESG Rankings for Major Companies, 2024
Table 66 : Information Sources for this Report
Table 67 : Abbreviations Used in the Report
Table 68 : AbbVie Inc.: Company Snapshot
Table 69 : AbbVie Inc.: Financial Performance, FY 2022 and 2023
Table 70 : AbbVie Inc.: Product Portfolio
Table 71 : AbbVie Inc.: News/Key Developments, 2023 and 2024
Table 72 : Alma Lasers: Company Snapshot
Table 73 : Alma Lasers: Product Portfolio
Table 74 : Bausch Health Companies Inc.: Company Snapshot
Table 75 : Bausch Health Companies Inc.: Financial Performance, FY 2022 and 2023
Table 76 : Bausch Health Companies Inc.: Product Portfolio
Table 77 : Bausch Health Companies Inc.: News/Key Developments, 2024
Table 78 : Candela Corp.: Company Snapshot
Table 79 : Candela Corp.: Product Portfolio
Table 80 : Candela Corp.: News/Key Developments, 2023 and 2024
Table 81 : Cutera Inc.: Company Snapshot
Table 82 : Cutera Inc.: Financial Performance, FY 2022 and 2023
Table 83 : Cutera Inc.: Product Portfolio
Table 84 : Cutera Inc.: News/Key Developments, 2023 and 2024
Table 85 : Cynosure Lutronic: Company Snapshot
Table 86 : Cynosure Lutronic: Product Portfolio
Table 87 : El.En. SpA: Company Snapshot
Table 88 : El.En. SpA: Financial Performance, FY 2022 and 2023
Table 89 : El.En. SpA: Product Portfolio
Table 90 : El.En. SpA: News/Key Developments, 2023
Table 91 : Implantech: Company Snapshot
Table 92 : Implantech: Product Portfolio
Table 93 : Johnson & Johnson Services Inc.: Company Snapshot
Table 94 : Johnson & Johnson Services Inc.: Financial Performance, FY 2022 and 2023
Table 95 : Johnson & Johnson Services Inc.: Product Portfolio
Table 96 : Johnson & Johnson Services Inc.: News/Key Developments, 2024
Table 97 : Lumines Be Ltd.: Company Snapshot
Table 98 : Lumines Be Ltd.: Product Portfolio
Table 99 : Medytox: Company Snapshot
Table 100 : Medytox: Product Portfolio
Table 101 : Medytox: News/Key Developments, 2024
Table 102 : Merz Pharma: Company Snapshot
Table 103 : Merz Pharma: Product Portfolio
Table 104 : Merz Pharma: News/Key Developments, 2024
Table 105 : Photomedex: Company Snapshot
Table 106 : Photomedex: Product Portfolio
Table 107 : Tiger BioSciences: Company Snapshot
Table 108 : Tiger BioSciences: Product Portfolio
Table 109 : Venus Concept: Company Snapshot
Table 110 : Venus Concept: Financial Performance, FY 2022 and 2023
Table 111 : Venus Concept: Product Portfolio
List of Figures
Summary Figure : Global Market Shares of Medical Aesthetic Devices, by Region, 2023
Figure 1 : Insights and Statistics on Medical Aesthetics, 2023
Figure 2 : Most Popular Surgical Cosmetic Procedures Performed Worldwide, 2023
Figure 3 : Most Popular Nonsurgical Cosmetic Procedures Performed Worldwide, 2023
Figure 4 : Global Market Dynamics of Medical Aesthetic Devices
Figure 5 : Increase in Minimally-Invasive Cosmetic Procedures, 2022-2023
Figure 6 : Factors Influencing the Cost of a Cosmetic Procedure
Figure 7 : Emerging Technologies in the Medical Aesthetic Devices Market
Figure 8 : Global Market Shares of Medical Aesthetic Devices, by Device Type, 2023
Figure 9 : Global Market Shares of Medical Aesthetic Devices, by Application, 2023
Figure 10 : Global Market Shares of Medical Aesthetic Devices, by End User, 2023
Figure 11 : Global Market Shares of Medical Aesthetic Devices, by Region, 2023
Figure 12 : North American Market Shares of Medical Aesthetic Devices, by Country, 2023
Figure 13 : European Market Shares of Medical Aesthetic Devices, by Country, 2023
Figure 14 : Asia-Pacific Market Shares of Medical Aesthetic Devices, by Country, 2023
Figure 15 : Product Approvals, Launches and Expansions, January 2023-December 2024
Figure 16 : Snapshot of the Three ESG Pillars
Figure 17 : AbbVie Inc.: Revenue Share, by Business Unit, FY 2023
Figure 18 : AbbVie Inc.: Revenue Share, by Country/Region, FY 2023
Figure 19 : Bausch Health Companies Inc.: Revenue Share, by Business Unit, FY 2023
Figure 20 : Bausch Health Companies Inc.: Revenue Share, by Country/Region, FY 2023
Figure 21 : Cutera Inc.: Revenue Share, by Business Unit, FY 2023
Figure 22 : Cutera Inc.: Revenue Share, by Country/Region, FY 2023
Figure 23 : El.En. SpA: Revenue Share, by Business Unit, FY 2023
Figure 24 : El.En. SpA: Revenue Share, by Country/Region, FY 2023
Figure 25 : Johnson & Johnson Services Inc.: Revenue Share, by Business Unit, FY 2023
Figure 26 : Johnson & Johnson Services Inc.: Revenue Share, by Country/Region, FY 2023
Figure 27 : Venus Concept: Revenue Share, by Business Unit, FY 2023
Figure 28 : Venus Concept: Revenue Share, by Country/Region, FY 2023
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