There have been revolutionary advancements in the medical aesthetic devices, such as development of advanced aesthetic laser devices with extraordinary precision, computer customized capabilities, and easy operation, which deliver superior results for a wide variety of aesthetic conditions.
The major companies profiled in the report include Allergan PLC, Solta Medical Inc. (a division of Valeant Pharmaceuticals International Inc.), Syneron Medical Ltd., Cynosure Inc. (a division of Hologic, Inc.), Lumenis Ltd., Johnson & Johnson, Merz Pharma GmbH & Co. KGaA, Alma Lasers Ltd. (acquired By Shanghai Fosun Pharmaceutical (Group) Co. Ltd.), GC Aesthetics plc, Sientra Inc., Zimmer Biomet Holdings, Inc., and Dentsply Sirona Inc. (formerly DENTSPLY International Inc.).
According to the report published by Allied Market Research, Medical Aesthetic Devices Market by Product (Devices and Aesthetic Implants), Application (Surgical and Non-surgical), and End User (Hospitals & Clinics, and Medical Spas & Beauty Centers) – Global Opportunity Analysis and Industry Forecast, 2022-2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “There have been revolutionary advancements in the medical aesthetic devices, such as development of advanced aesthetic laser devices with extraordinary precision, computer customized capabilities, and easy operation, which deliver superior results for a wide variety of aesthetic conditions.”
The dental implants segment is expected to maintain its dominant position throughout the analysis period, due to increase in demand for cosmetic dentistry and high incidence rate of tooth loss. In addition, the aesthetic laser segment is expected to grow at the highest CAGR of 14.9% from 2022 to 2030.
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North America accounted for majority of the market share (two-fifths) in 2021, and is expected to maintain its dominance throughout the forecast period, owing to increased adoption of medial aesthetics, enhanced technological advancements, and development of novel products by key players. In addition, rise in geriatric population, favorable reimbursement rates, prevalence of congenital tooth and face deformities, and advanced healthcare infrastructure fuel the market growth.
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