The Europe skin aesthetic devices market is expected to reach US$ 909.48 Mn in 2027 from US$ 391.47 Mn in 2019. The market is estimated to grow with a CAGR of 11.2% from 2020-2027.
The growth of the market is driven by the factors such as, significantly growing minimally invasive skin aesthetic procedures, increasing advancement in the aesthetic medical devices and increase in number of cosmetic surgeries. On the other hand, clinical risks and complications associated with aesthetic procedures is likely to restraint the growth of market during the forecast years.
The European skin aesthetic devices market is expected to witness significant growth during the forecast period, due to factors such as, rising number of aesthetic procedures among the younger population. Also, the developments in the medical devices industry and rising numbers of aesthetic clinics may offer vital growth opportunities for market growth. Germany is among the top countries in the field of aesthetic medicine. According to ISAPS, it ranks fourth for the aesthetic procedures in the world. In 2018, the total number of aesthetic procedures performed in the country was 922,056. It contributes by 4.0% of the total procedures across the world. The total non-surgical procedures performed in Germany were 536,150.
Germany is among the developed countries, which utilize advanced technology in the field of medicine and aesthetics. The country also has the presence of various institutes and associations that helps in providing training and lectures. For instance, according to a study published in 2015 by the German Association for Aesthetic & Plastic Surgery (DGÄPC), the aesthetic market is booming at a rapid pace. The non-invasive aesthetic segment is growing significantly; also, there various public and private clinics offering reconstructive and plastic surgery.
British Association of Aesthetic Plastic Surgeons (BAAPS) in 2018, more than 28,000 procedures were performed, which remarked a 0.1% rise from 2017. The number of procedures was higher among women; in 2017, approximately 92% of all aesthetic procedures were accounted for among women. However, the trend among the young population for cosmetic procedures is expected to serve growth opportunities for the skin aesthetic devices market. The country is experiencing a rise in non-surgical aesthetic procedures. The numbers of non-surgical skin aesthetic procedures are widely seen among the people of the age group 18-34 years. For instance, according to BAAPS 2018, breast augmentation, breast reduction, and blepharoplasty were the most popular aesthetic procedures among women. Other procedures such as liposuction and facelifts were increased by 12% and 9% respectively. Thus, growing minimally invasive skin, aesthetic procedures are likely to increase the demand for the skin aesthetic devices market across the region.
Europe Skin Aesthetic Devices – Market Segmentation
By Product
By Treatment
By End User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 391.47 Million |
| Market Size by 2027 | US$ 909.48 Million |
| CAGR (2020 - 2027) | 11.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The List of Companies - Europe Skin Aesthetic Devices Market
The Europe Skin Aesthetic Devices Market is valued at US$ 391.47 Million in 2019, it is projected to reach US$ 909.48 Million by 2027.
As per our report Europe Skin Aesthetic Devices Market, the market size is valued at US$ 391.47 Million in 2019, projecting it to reach US$ 909.48 Million by 2027. This translates to a CAGR of approximately 11.2% during the forecast period.
The Europe Skin Aesthetic Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Skin Aesthetic Devices Market report:
The Europe Skin Aesthetic Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Skin Aesthetic Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Skin Aesthetic Devices Market value chain can benefit from the information contained in a comprehensive market report.
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