The demand for the aesthetics market is growing for which healthcare providers are now primarily more focused and they are developing and launching new products in the market. The growing demand for hair removal procedures, numerous market players are launching several new products in the market to capitalize on them. The market is anticipated to witness significant growth, boosted by the increasing establishment of medical spas in Europe and rising patient demand for minimally and non-invasive body contouring procedures.
Data Bridge Market Research analyses a growth rate in the Central Eruope aesthetics market in the forecast period 2023-2030. The expected CAGR of aesthetics market is tend to be around 9.4% in the mentioned forecast period. The market is valued at USD 1675.29 million in 2022, and it would grow upto USD 3437.39 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Drivers
- Increasing Rate of Surgical Procedures
Healthcare professinals will increase cellulite reduction and skin tightening due to these high-margin business of the aesthetics. For instance, according to the International Society of Aesthetic Plastic Surgery (ISAPS) 2019 statistics, Germany's total number of procedures stood at 983,432. It was witnessed that the most common surgical procedure in Germany is Breast Augmentation, Liposuction, Eyelid Surgery, Abdominoplasty, and Breast Lift with 66,972; 62,865; 44,592; 24,280; 19,712 procedures, respectively. In addition to this, according to the British Association Of Aesthetic Plastic Surgeons 2020 data, breast augmentation is the most common procedure in the U.K. among women, which is followed by breast reduction and eyelid surgery. Thus, this factor increases the growth of the market.
- Increasing Product Launches
Rising demand for hair removal procedures are letting numerous market players launch new products to capitalize on them. For instance, Cynosure launched the Elite iQ platform in the European market in 2020. The platform provides customized laser hair removal treatments and permanently decreases unwanted hair in all skin types. Thus, the development of new products with advanced technologies and increasing demand are estimated to boost the market growth in the European countries.
Recent Development
- In 2020, Galderma, a Swiss pharmaceutical company, received U.S. Food and Drug Administration approval for Restylane Kysse for lip augmentation and the correction of upper perioral rhytids which means wrinkles around upper lips in adults over the age of 21 years.
- In 2020, in the United Kingdom, 3D- Lipo Ltd launched 3D-Powersculpt, a brand-new device providing a powerful new revolution in body shaping and muscle toning with just one treatment being equivalent to 20,000 crunches or squats.
Key players operating in the aesthetics market include:
- Johnson Johnson Services, Inc (U.S.)
- GALDERMA LABORATORIES, L.P.(U.S.)
- Abbvie, Inc (U.S.)
- Merz Pharmaceuticals, LLC. (U.S.)
- POLYTECH Health Aesthetics GmbH (Germany)
- Cynosure Inc. (U.S.)
- Bausch Health Companies Inc. (Canada)
- LUTRONIC (South Korea
- Fotona (U.S.)
- Sebbin (France)
- Anika Therapeutics, Inc.(U.S.)
- Sciton (U.S.)
- Parc Haute Technologie (France)
- Pharmann sp. z o. o.(Poland)
Browse a Detailed Summary of the Research Report @ https://www.databridgemarketresearch.com/reports/central-europe-aesthetics-market
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