Facial Aesthetics Market Drivers and Opportunities [2021-2031]
The Facial Aesthetics Market is expected to register a CAGR of 8.50% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents an analysis based on by product type (botulinum toxin and dermal fillers). The report further provides analysis based on end user (aesthetic clinics, beauty salon and hospitals). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Facial Aesthetics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Facial Aesthetics Market Segmentation
Product Type- Botulinum Toxin and Dermal Fillers
- Aesthetic Clinics
- Beauty Salon and Hospitals
Strategic Insights
Facial Aesthetics Market Growth Drivers- Improving Living Standards: The enhance in disposable income of the consumers makes it possible to spend more on personal and aesthetic services. As people devote more attention to self-care and their looks, the facial aesthetics market increases, as more people are ready to pay for high-quality services meant to enhance one’s looks and self-esteem.
- Impact of Social Networking: The growth of the social networking sites motivates individuals to go for aesthetic procedures in order to improve their presentations online. Beauty enhancing effects and standards promoted in the internet put pressure on individuals to look a certain way, hence increasing the need for facial aesthetics as performance of individuals is compared by such internet visuals.
- Increased Number of Cosmetic Clinics: The increasing number of aesthetic treatment clinics, including medical spas, made facial aesthetic treatments easily accessible. This increased access along with an ease in the provision of services makes more consumers interested in allowing them to try out different services leading to increased market expansion.
- Technological Advancements: The facial aesthetics market is subject to changing dynamics due to the introduction of certain technologies such as AI diagnostics and imaging. These allow for more accurate treatment and improvement of patients’ results enabling practitioners to tailor treatments more efficiently.
- Growth of Non-Surgical Treatments: An increasing number of individuals are choosing non-surgical or apparently non-surgical cosmetic enhancements, such as injections, and laser treatment procedures. Today’s patients want effective techniques with less healing time and lower potential effects. This shift is encouraging growth in the market as lesser people are inclined towards surgery and residue aesthetic work is becoming more and more popular.
- Customized Cosmetic Procedures: There is an increasing trend for the patients to request for specific treatment plans as doctors are opting more for procedures which are custom made for the patient. This is made possible by the advances in genetics, skin analysis and other techniques which leads to better results and increased patient retention and satisfaction.
- Penetration in Developing Regions: The facial aesthetics market has a vast untapped potential, especially for the growing markets of Asia Pacific and Latin America. With growing disposable incomes and awareness about beauty treatments, companies can explore these regions to attract more customers that will help them grow revenue.
- Advanced Technology Integration: Fascial aesthetics is ripe for the incorporation of advanced technologies like artificial intelligence (AI), augmented reality, opening up many more possibilities to augment patient experiences. This in turn would allow every individual treatment planning, outcomes and patient engagement to be enhanced which can set the providers up for attracting tech-savvy clients looking for cutting edge solutions.
- Trend of Holistic Wellness: Increasing trend of holistic wellness is providing significant opportunities in the facial aesthetics market. People are turning more and more to treatments that don't just benefit beauty but health too. Integrating wellness practices with your aesthetic services can bring in a variety of new clients and promote client retention at the practice level.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Facial Aesthetics Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Facial Aesthetics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Facial Aesthetics Market is estimated to witness a CAGR of 8.50% from 2023 to 2031
The major factors driving the facial aesthetics market are:
1. Rising Knee Distortion in the Elderly Population.
2. Rising Number of Knee Repair Procedures
North America is expected to hold the largest share in the global facial aesthetics market.
DirexGroup,
Medispec Ltd.,
Stryker Corp,
Dornier Medtech,
Convergent Laser Technologies,
C. R. Bard, Inc.,
Boston Scientific Corporation,
Olympus Corporation,
Storz Medical AG
Based on product type, the market is segmented into botulinum toxin and dermal fillers and dermal fillers. The botulinum toxin segment is expected to hold the largest facial aesthetics market share in 2023.
On the basis of end-user market is further broken down into aesthetic clinics, beauty salon and hospitals. The aesthetic clinics segment is expected to hold the largest facial aesthetics market share in 2023.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Facial Aesthetics Market - By Product Type
1.3.2 Facial Aesthetics Market - By End User
1.3.3 Facial Aesthetics Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FACIAL AESTHETICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FACIAL AESTHETICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FACIAL AESTHETICS MARKET - GLOBAL MARKET ANALYSIS
6.1. FACIAL AESTHETICS - GLOBAL MARKET OVERVIEW
6.2. FACIAL AESTHETICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FACIAL AESTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. BOTULINUM TOXIN
7.3.1. Overview
7.3.2. Botulinum Toxin Market Forecast and Analysis
7.4. DERMAL FILLERS
7.4.1. Overview
7.4.2. Dermal Fillers Market Forecast and Analysis
8. FACIAL AESTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. AESTHETIC CLINICS
8.3.1. Overview
8.3.2. Aesthetic Clinics Market Forecast and Analysis
8.4. BEAUTY SALON
8.4.1. Overview
8.4.2. Beauty Salon Market Forecast and Analysis
8.5. HOSPITALS
8.5.1. Overview
8.5.2. Hospitals Market Forecast and Analysis
9. FACIAL AESTHETICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Facial Aesthetics Market Overview
9.1.2 North America Facial Aesthetics Market Forecasts and Analysis
9.1.3 North America Facial Aesthetics Market Forecasts and Analysis - By Product Type
9.1.4 North America Facial Aesthetics Market Forecasts and Analysis - By End User
9.1.5 North America Facial Aesthetics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Facial Aesthetics Market
9.1.5.1.1 United States Facial Aesthetics Market by Product Type
9.1.5.1.2 United States Facial Aesthetics Market by End User
9.1.5.2 Canada Facial Aesthetics Market
9.1.5.2.1 Canada Facial Aesthetics Market by Product Type
9.1.5.2.2 Canada Facial Aesthetics Market by End User
9.1.5.3 Mexico Facial Aesthetics Market
9.1.5.3.1 Mexico Facial Aesthetics Market by Product Type
9.1.5.3.2 Mexico Facial Aesthetics Market by End User
9.2. EUROPE
9.2.1 Europe Facial Aesthetics Market Overview
9.2.2 Europe Facial Aesthetics Market Forecasts and Analysis
9.2.3 Europe Facial Aesthetics Market Forecasts and Analysis - By Product Type
9.2.4 Europe Facial Aesthetics Market Forecasts and Analysis - By End User
9.2.5 Europe Facial Aesthetics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Facial Aesthetics Market
9.2.5.1.1 Germany Facial Aesthetics Market by Product Type
9.2.5.1.2 Germany Facial Aesthetics Market by End User
9.2.5.2 France Facial Aesthetics Market
9.2.5.2.1 France Facial Aesthetics Market by Product Type
9.2.5.2.2 France Facial Aesthetics Market by End User
9.2.5.3 Italy Facial Aesthetics Market
9.2.5.3.1 Italy Facial Aesthetics Market by Product Type
9.2.5.3.2 Italy Facial Aesthetics Market by End User
9.2.5.4 Spain Facial Aesthetics Market
9.2.5.4.1 Spain Facial Aesthetics Market by Product Type
9.2.5.4.2 Spain Facial Aesthetics Market by End User
9.2.5.5 United Kingdom Facial Aesthetics Market
9.2.5.5.1 United Kingdom Facial Aesthetics Market by Product Type
9.2.5.5.2 United Kingdom Facial Aesthetics Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Facial Aesthetics Market Overview
9.3.2 Asia-Pacific Facial Aesthetics Market Forecasts and Analysis
9.3.3 Asia-Pacific Facial Aesthetics Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Facial Aesthetics Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Facial Aesthetics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Facial Aesthetics Market
9.3.5.1.1 Australia Facial Aesthetics Market by Product Type
9.3.5.1.2 Australia Facial Aesthetics Market by End User
9.3.5.2 China Facial Aesthetics Market
9.3.5.2.1 China Facial Aesthetics Market by Product Type
9.3.5.2.2 China Facial Aesthetics Market by End User
9.3.5.3 India Facial Aesthetics Market
9.3.5.3.1 India Facial Aesthetics Market by Product Type
9.3.5.3.2 India Facial Aesthetics Market by End User
9.3.5.4 Japan Facial Aesthetics Market
9.3.5.4.1 Japan Facial Aesthetics Market by Product Type
9.3.5.4.2 Japan Facial Aesthetics Market by End User
9.3.5.5 South Korea Facial Aesthetics Market
9.3.5.5.1 South Korea Facial Aesthetics Market by Product Type
9.3.5.5.2 South Korea Facial Aesthetics Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Facial Aesthetics Market Overview
9.4.2 Middle East and Africa Facial Aesthetics Market Forecasts and Analysis
9.4.3 Middle East and Africa Facial Aesthetics Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Facial Aesthetics Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Facial Aesthetics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Facial Aesthetics Market
9.4.5.1.1 South Africa Facial Aesthetics Market by Product Type
9.4.5.1.2 South Africa Facial Aesthetics Market by End User
9.4.5.2 Saudi Arabia Facial Aesthetics Market
9.4.5.2.1 Saudi Arabia Facial Aesthetics Market by Product Type
9.4.5.2.2 Saudi Arabia Facial Aesthetics Market by End User
9.4.5.3 U.A.E Facial Aesthetics Market
9.4.5.3.1 U.A.E Facial Aesthetics Market by Product Type
9.4.5.3.2 U.A.E Facial Aesthetics Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Facial Aesthetics Market Overview
9.5.2 South and Central America Facial Aesthetics Market Forecasts and Analysis
9.5.3 South and Central America Facial Aesthetics Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Facial Aesthetics Market Forecasts and Analysis - By End User
9.5.5 South and Central America Facial Aesthetics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Facial Aesthetics Market
9.5.5.1.1 Brazil Facial Aesthetics Market by Product Type
9.5.5.1.2 Brazil Facial Aesthetics Market by End User
9.5.5.2 Argentina Facial Aesthetics Market
9.5.5.2.1 Argentina Facial Aesthetics Market by Product Type
9.5.5.2.2 Argentina Facial Aesthetics Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FACIAL AESTHETICS MARKET, KEY COMPANY PROFILES
11.1. ADODERM
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALLERGAN
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ANIKA THERAPEUTICS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BAUSCH HEALTH COMPANIES INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GALDERMA LABORATORIES, L.P.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MENTOR WORLDWIDE LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MERZ ANTEIS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PROLLENIUM MEDICAL TECHNOLOGIES
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUNEVA MEDICAL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZIMMER AESTHETICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ADODERM2. ALLERGAN3. Anika Therapeutics, Inc.4. Bausch Health Companies Inc.5. Galderma Laboratories, L.P.6. Mentor Worldwide LLC7. Merz Anteis8. Prollenium Medical Technologies9. Suneva Medical10. Zimmer Aesthetics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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