World Aesthetics Market to Post 10.9% CAGR through 2023, Forecasts MRFR in Its In-demand Report Available at MarketPublishers.com
13 Sep 2017 • by Natalie Aster
LONDON – Worldwide, the aesthetics marketplace is poised to surpass the USD 18.417 billion mark by 2023, registering a stable 10.9% CAGR during the foreseeable future. The sector’s growth is being propelled by the soaring demand for different aesthetic procedures, technological advances in the aesthetic industry, rising uptake of facial aesthetics, and pollution effects, among others.
With respect to product types, implants grabbed the lion’s market share (38.6%) as of 2016, and the sector will likely amount to nearly USD 7.289 billion in 2023. The injectable’s sector is anticipated to demonstrate the highest CAGR of 11.2% through to 2023, and is set to reach close to USD 6.422 billion by 2023.
In terms of treatment, phototherapy commanded the biggest market share (36%) as of 2016, the market is likely to reach just over USD 6.808 billion by 2023 posting a stable CAGR of 11.3% worldwide.
By application, shaping/skin tightening is capturing the dominant share (41.1%) of the total aesthetics market. This market is projected to go beyond USD 7.7 billion in 2023, registering an 11.2% CAGR in the offing.
North America’s market grabs the lion’s share of the global aesthetics market. Meantime, APAC is expected to post the fastest CAGR (11.5%) till 2023.
In-demand report “Global Aesthetics Market Analysis & Forecast 2017 To 2023” created by MRFR is designed to provide an all-round assessment of the market on a global level.
The study offers a granular analysis of the market structure and forecasts of the various segments and sub-segments of world aesthetics market. It offers deep insights into the factors influencing the sector’s growth; provides historical and projected revenues for the market segments and sub-segments pertaining to the countries. The research report offers detailed revenue data, historical and forecast, for the market segments by product types, treatment and application areas. It also presents granular profiles of the prominent market players, and canvasses their market share, core competencies, and examining the overall competitive scenario. The report provides economical factors affecting the world aesthetics marketplace. A comprehensive analysis of the value chain and supply chain of the market is available, too.
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