APAC Medical Aesthetics Market to Post 14.3% CAGR to 2024, States Data Bridge in Its Topical Report Published at MarketPublishers.com09 Nov 2017 • by Natalie Aster
LONDON – Across the APAC region, the market for medical aesthetics is poised to surge from USD 1.91 billion as of 2016 to amount to a value of USD 5.56 billion by end 2024, registering a 14.3% CAGR. The growth in the market is being propelled by the ageing population, technology advances, top players’ incentives to gain market share. However, the regulatory scenario, as well as high treatment cost could hinder the sector’s growth. Amid the major opportunities in the market one can name imminent health revolution, and the rise of medical tourism in the region.
Allergan is on the way of taking the lead in the world medical aesthetics marketplace, with Lumenis, Cynosure following after. Other important market participants encompass Mentor Worldwide LLC, Syneron Medical, Aerolase Corporation, Cutera, Venus Concept, BTL Industries, Suneva Medical, Sciton, and Lutronic, to name a few.
Topical research report “APAC Medical Aesthetics Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024” drawn up by Data Bridge Market Research contains a profound, unbiased evaluation of the market performance globally.
It examines the historical evolution and the current situation across the 11 major country markets. The study provides a comprehensive categorisation of the market based on type of product, application, end-use sector, and distribution channel. The study sheds light on the market dynamics and identifies the major factors stimulating and restraining the market growth, outlines the major growth challenges and opportunities, as well as keeps track of the market trends. It includes an overview of the regulatory landscape. The research report offers a granular analysis of the competitive scene, analyses the 17 prominent players in the marketplace discussing their performance, revenues, products, recent developments, etc. In addition, this research study provides a future outlook for the market till 2024.
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