Aesthetic Medical Devices Market Set to Reach USD 63.26 Billion by 2032

The global aesthetic medical devices market, valued at USD 24.13 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 12.8%, reaching approximately USD 63.26 billion by 2032. This growth is driven by increasing awareness of aesthetic procedures, technological advancements, and a rising emphasis on physical appearance.

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Market Overview

Aesthetic medical devices encompass a range of equipment used in both surgical and non-surgical procedures aimed at enhancing physical appearance. These devices address concerns such as excess fat, skin laxity, wrinkles, and other aesthetic issues. The growing popularity of minimally invasive procedures and the influence of social media have significantly contributed to market expansion.

Competitive Landscape

The market is highly competitive, with key players focusing on mergers and acquisitions to strengthen their positions. Notable companies include Mentor Worldwide LLC (Johnson & Johnson), Syneron Medical Ltd. (Candela Corporation), Sciton, Inc., Fotona, Solta Medical (Valeant Pharmaceuticals), BTL INDUSTRIES, Inc., and Genesis Biosystems, Inc. 

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Regional Insights

United States: Growth and Consolidation

North America, particularly the United States, held the largest market share of 36.5% in 2024. The region is expected to maintain its dominance due to a high number of aesthetic procedures, advanced healthcare infrastructure, and increasing consumer awareness. The presence of leading companies and continuous technological innovations further bolster market growth.

Asia Pacific: Opportunities and Trends

The Asia Pacific region is witnessing significant growth opportunities, driven by rising disposable incomes, a large population base, and increasing acceptance of aesthetic procedures. Notably, European private-equity firm ArchiMed made its first Asia investment by acquiring Jeisys Medical, a Korean manufacturer of energy-based devices for aesthetic treatments, for approximately $742 million. This move underscores the region's potential in the aesthetic medical devices market.

Europe: Trends and Consolidation

Europe remains a significant player in the aesthetic medical devices market, with countries like Germany, France, and the UK leading in terms of procedures performed. The region is experiencing consolidation through strategic partnerships and acquisitions, aiming to enhance product portfolios and expand market reach.

Middle East and Africa: Growth and Opportunity

The Middle East and Africa are emerging markets for aesthetic medical devices, driven by improving healthcare infrastructure and a growing interest in aesthetic procedures. The increasing presence of international players and rising medical tourism contribute to the market's expansion in this region.

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► Market Segmentation: In-Depth Analysis:

by Product

Facial Aesthetic Devices
Cosmetic Implants
Skin Aesthetic Devices
Body Contouring Devices
Physician-Dispensed Cosmeceuticals & Skin Lighteners
Hair Removal Devices
Tattoo Removal Devices
Thread Lift Products
Physician-Dispensed Eyelash Products
Nail Treatment laser Devices

In 2024, the Facial Aesthetic Devices segment accounted for 33.4% of the global market for aesthetic medical devices, the greatest revenue share. For top market players, the category offers significant growth potential and is anticipated to expand at a CAGR of 11.8% over the course of the projection year. Every year, more and more minimally invasive facial aesthetic operations are carried out globally. Over 8.5 million nonsurgical injectable treatments were carried out worldwide in 2017, an increase of nearly 850 000 from 2015. Therefore, during the forecast period, the increase in facial cosmetic operations and treatments is anticipated to boost market growth.

by Technology

Radiofrequency technology
Microcurrent Technology
Ultrasound Technology
Laser Technology
Plasma Therapy

by End User

Clinics, Hospitals, And Medical Spas
Beauty Centers
Home Care Settings
Others

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► Learn about the top players driving innovation in the Market :

1. Mentor Worldwide LLC (Johnson & Johnson) (U.S.)
2. Syneron Medical Ltd. (Candela Corporation) (U.S.)
3. Sciton, Inc. (U.S.)
4. Fotona (U.S.)
5. Solta Medical (Valeant Pharmaceuticals) (U.S.)
6. BTL INDUSTRIES, Inc. (U.S.)
7. Genesis Biosystems, Inc. (U.S.)
8. Implantech (U.S.)
9. Galderma (Switzerland)
10. Cutera Inc. (U.S.)
11. Venus Concept (Canada)
12. Lutronic (U.S.)
13. Sientra Inc. (California)
14. Aesthetic Management Partners (U.S.)
15. Cartessa Aesthetic (U.S.)
16. Apyx Medical (U.S.)
17. Zimmer Biomet (U.S.)
18. Implantech (U.S.)
19. GALDERMA Laboratories (U.S.)
20. Candela Corporation (U.S.)
21. Cynosure (U.S.)
22. Viora (New York)
23. Alma Lasers (Fosun Pharmaceutical Co., Ltd.) (Chicago)
24. Hologic, Inc. (U.S.)
25. Novartis AG (Switzerland)
26. Allergan plc (AbbVie Inc.) (Ireland)
27. Merz Pharma (Germany)
28. El.En. (Italy)
29. Lumenis Ltd. (Israel)
30. Bausch Health Companies Inc. (Germany)
31. InMode (Israel)
32. Anika Therapeutics, Inc.
33. Ulthera (India)

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