The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.
Envisioning Market Growth: Insights and Projections
The global aesthetic services market is poised to achieve significant growth, expected to reach $23.87 billion in 2027, representing a notable Compound Annual Growth Rate (CAGR) of 7.3%.
Catalysts of Market Expansion
1. Surge in Demand for Cosmetic Procedures - The escalating demand for cosmetic procedures is a key driver propelling the growth of the aesthetic services market. Notably, the British Association of Aesthetic Plastic Surgeons reported a substantial increase in the number of cosmetic procedures performed, emphasizing the burgeoning preference for aesthetic enhancements, particularly among women.
2. Embracing Technological Advancements - The integration of cutting-edge technologies within the aesthetic services market is reshaping the industry landscape. Galderma S.A.'s groundbreaking use of augmented reality (AR) technology through FACE by Galderma is revolutionizing patient experience by providing a realistic preview of treatment outcomes, fostering confidence and informed decision-making.
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The global aesthetic services market encompasses the following segments:
• Type: Facial Aesthetic Services, Skin Lightening, Body Contouring, Aesthetic Implantation
• Procedure: Cosmetic Procedures, Reconstructive Procedures
• Age Group: Adolescent, Adult, Geriatric
• End-User: Hospitals, Ambulatory Surgical Centers, Beauty Centers And Medical Spas, Dermatology Clinics
Strategic Industry Acquisitions
HealthLynked Corporation's acquisition of Aesthetic Enhancements LLC further underscores the industry's strategic consolidations, facilitating cross-marketing opportunities and an expanded service portfolio for enhanced patient experience and holistic healthcare solutions.
Geographical Market Dynamics
North America currently dominates the aesthetic services market, with Asia-Pacific projected to emerge as the fastest-growing region, underlining the global evolution of aesthetic service demands and advancements in cosmetic procedures.
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Aesthetic Services Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Aesthetic Services Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on aesthetic services market size, aesthetic services market drivers and trends, aesthetic services market major players, competitors' revenues, market positioning, and aesthetic services market growth across geographies. The aesthetic services market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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