Global Medical Aesthetics Market to Reach $19.4 Billion By 2023

Posted By American Med Spa Association, Wednesday, March 15, 2017

According to a new market research report “Global Medical Aesthetics Market Size, Share, Development, Growth and Demand Forecast to 2023 - Industry Insight by Product (Injectables, Topicals, Energy-Based Aesthetics, Breast Implants, Others), by End User (Beauty Clinics & Centers, Spas & Salons, Hospitals, Others)” published by P&S Market Research, the global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.

Access Report Overview:

Global medical aesthetics market worth $8,629.9 million in 2016

According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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