The global medical aesthetics market is experiencing significant growth, driven by increasing demand for minimally invasive cosmetic procedures, technological advancements, and rising awareness about aesthetic treatments.

In 2023, the global medical aesthetics market size was valued at USD 22.84 billion. It is expected to expand from USD 25.48 billion in 2024 to USD 67.89 billion by 2032, registering a compound annual growth rate (CAGR) of 13.0% over the forecast period.

Top Companies in the Market

• Sisram Medical Ltd (Israel)
• Merz Pharma (Germany)
• Apyx Medical (U.S.)
• AbbVie Inc. (U.S.)
• El.En. S.p.A. (Italy)
• Johnson & Johnson Services, Inc. (MENTOR) (U.S.)
• Candela Medical (U.S.)
• Cutera (U.S.)
• Bausch Health Companies Inc. (Canada)
• Sientra, Inc. (U.S.)

Key Industry Development

In November 2023, LUBEX introduced the Sapphire ice-cooling hair removal device, designed for at-home use. This device utilizes sapphire ice cooling technology to provide a comfortable and nearly painless hair removal experience.

Market Drivers & Restraints

Drivers

• Rising Demand for Minimally Invasive Procedures: The increasing preference for non-invasive treatments like botulinum toxin injections and dermal fillers is propelling market growth.