The aesthetic market in the US is currently valued at more than USD 3,196 million and is expected to reach almost USD 4,404 billion by 2021, says Technavio.
Technavio has announced its latest market research report on the aesthetic market in the US, under its health and wellness portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like ALLERGAN, Cynosure, Galderma, Merz Pharma, Sientra, and Valeant Pharmaceuticals.
According to Amber Chourasia, a lead analyst for health and wellness research at Technavio, “The popularity of minimally invasive and non-invasive aesthetic procedures such as facial rejuvenation and liposuction are gaining traction in the American market. These procedures have outperformed traditional surgery and are becoming increasingly popular as they promote a youthful appearance with minimal complications. Botox, dermal fillers like HA, CaHA and collagen, chemical peel, and microdermabrasion are some of the most popular non-invasive rejuvenation procedures in the region.”
Medical laser-based procedures are also being adopted increasingly in the US currently. This is because these non-surgical laser treatments cost a fraction of traditional surgical procedures. Easy payment plans and the availability of a wide variety of options have made non-surgical procedures accessible to many patients.
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Emergence of combination treatments
The combination of various plastic or cosmetic surgeries is an upcoming trend in the aethetic market. Surgeons are already adopting a combination of surgical and non-surgical procedures to provide more comprehensive results. For instance, mommy makeover, which is a combined procedure of breast implants and tummy tuck, is carried out at the same time. It is highly demanded by mothers due to loss of skin on their stomach and volume in their breasts after delivery. The process is essentially a cosmetic surgical procedure designed to reverse the physical changes in a woman after childbirth.
Rising demand for tattoo removal due to strict corporate culture
The growing workforce across the world and the rise in career-oriented people, especially women, is increasing the preference for tattoo removal to look more presentable at work. As a result, the rising consciousness toward physical appearance, which helps in gaining acceptability in social situations and workplaces, boosts the self-confidence and the self-esteem of people, which in turn, will increase the demand for tattoo removal in the coming years.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Aesthetic Market in the US 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Health and Wellness Food Market 2017-2021
- Global Adult Diaper Market 2017-2021
- Global Medium Chain Triglycerides (MCT) Market 2017-2021
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