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Aesthetic Medicine Market Trends

  • Report ID: GMI2687
  • Published Date: May 2024
  • Report Format: PDF

Aesthetic Medicine Market Trends

The rising prevalence of obesity is a significant driver for market. Obesity is a serious health concern with increasing numbers of individuals seeking solutions for body contouring and fat reduction.
 

  • According to the World Obesity Atlas, in 2023, there is an increase in the prevalence of obesity up to 2035 for adults, children, and adolescents. The report highlights that by 2035, the annual increase in adult obesity is estimated to be 1.9%, with a very high impact on national GDP and a projected 56% of adults with obesity. Additionally, the report indicates a very high annual increase in child obesity from 2020 to 2035 at 4.1%.
     
  • Obesity often leads to excess fat accumulation in various areas of the body, including the abdomen, thighs, buttocks, and arms. Many individuals that struggle with obesity seek aesthetic procedures to address stubborn fat deposits and achieve a more contoured physique.
     
  • It can also lead to facial volume loss or changes in facial contours. Aesthetic procedures such as dermal fillers and injectables are sought after for facial rejuvenation and restoring youthful appearance.
     
  • The availability of safe, effective, and minimally invasive treatment options contributes to the growing popularity of aesthetic procedures for fat reduction among individuals with obesity, thereby escalating the growth of the market.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The aesthetic medicine market size was valued at USD 19.2 billion in 2023 and is estimated to grow at 12% CAGR from 2024 to 2032, driven by growing awareness of aesthetic procedures.

The non-surgical procedures type segment held decent share of the aesthetic medicine industry in 2023 and is estimated to account for USD 41.8 billion by 2032, as they are more affordable than surgical interventions.

U.S. aesthetic medicine market size is anticipated to grow at 11.4% CAGR during 2024 to 2032 owing to a large population with a significant demand for aesthetic procedures and treatments.

Apax Partners, Bausch Health Companies Inc, El.En. S.p.A., GC Aesthetics plc, Huadong Medicine Co., Ltd, Johnson & Johnson, Merz Pharma, Sciton, Inc., SharpLight Technologies Inc., and Sisram Medical Ltd among others.

Aesthetic Medicine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 292
  • Countries covered: 22
  • Pages: 170
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