MarketResearchReports.Biz has announced addition of new report "Global Medical Aesthetics Market 2016-2020" to its database.
Technavios market research analyst predicts the global medical aesthetics market to grow steadily at a CAGR of approximately 7% by 2020. Factors such as the growing aging population, increased awareness about cosmetic surgeries, and the rise in high-income population are expected to foster the prospects for growth in this market during the estimated period.
Recent advances in technologies, especially in the laser-based medical aesthetic segment, are expected to drive market growth during the forecast period. Medical laser technologies such as high intensity focused ultrasound, transdermal focused ultrasound, and others are rapidly gaining popularity among the populace as they are non-invasive and help in fat reduction
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Product-based segmentation of the medical aesthetics market
Laser-based medical aesthetics
Facial aesthetics
Breast implants
Dental implants
In this market study, analysts have estimated the dental implants segment to be the largest market segment during the forecast period. At present, this segment accounts for more than 34% of the total market share and is envisaged to further enhance its hold over the market owing to factors like the recent surge in oral health complications.
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Geographical segmentation of the medical aesthetics market
Americas
APAC
EMEA
Technavio market research analysts have estimated the Americas to account for more than 54% of the total market share during the forecast period. The presence of numerous facilities that perform both surgical and non-surgical aesthetic procedures is a significant factor that leads to market growth in this region during the predicted period.
Competitive landscape and key vendors
This market is highly fragmented and is likely to see the entry of many new players, particularly in the emerging markets. The level of competition in this market is expected to intensify with new product developments, agreements, partnerships, and collaborations during the forecast period. In this market, the top companies acquire small and medium-sized vendors as it helps them to bolster their revenue generating capacity.
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