North America Aesthetic Medicine Market Revenue to Exceed USD 15 Billion by 2027

North America aesthetic medicine market revenue is poised to grow with the surging preference for liposuction and facial rejuvenation in the U.S. Non-invasive aesthetic surgery has received impetus following the use of power-assisted devices. State-of-the-art devices are developed to provide aesthetic value with minimal pain and invasion. 
 
Tendency to boost physical appearance among the millennial population has propelled the demand for minimally invasive or non-invasive procedures. Aesthetic medicine is also sought to treat conditions, including allergies, acne and eczema. Stakeholders are likely to prioritize aesthetic injectable and laser resurfacing to provide anti-aging benefits. The industry forecast is expected to be bullish considering the availability of sophisticated healthcare infrastructure. According to a study, North America aesthetic medicine market size will surpass USD 15 billion by 2027.
 
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The trend for non-energy-based products such as dermal filler, facial implants, botulinum toxin injectables and breast implants will be noticeable. An upsurge in the botulinum toxin’s procedural volume has played a pivotal role in fueling the demand for injectables. The non-energy-based aesthetic medicine segment is likely to expand at a strong CAGR of 8.5% through 2027.
 
Soaring demand for laser-based and radiofrequency-based aesthetic devices has spurred the growth potential in energy-based products. Advanced economies have shown a profound inclination for sophisticated devices which have leveraged better outcomes and increased patient satisfaction. The energy-based aesthetic medicine segment is likely to garner more than 9.9% CAGR through 2027, attributed to the adoption of advanced technologies.

 
Lately, the growth prospects for the surgical aesthetic procedure have become palpable to provide long-term aesthetics. These procedures offer aesthetic effects, including liposuction and abdominoplasty and will continue to gain a foothold in the next few years. Moreover, surging obesity in the U.S. has furthered the demand for surgical procedures. The surgical aesthetic medicine segment in North America accounted for more than USD 2.5 billion in revenue in 2020 and will observe an upward growth trajectory through 2027.
 
Demand for aesthetic medicine will be pronounced among the female population considering the number of breast enlargement procedures, liposuction and botulinum toxin. End-users are likely to infuse funds into facial aesthetics as the demand for wrinkle treatment and skin rejuvenation within middle-aged women continues to soar across North America.
 
The penetration of dermatology clinics will be notable to offer a vast range of aesthetic solutions and services, such as injectables and contouring. For instance, dermal fillers have become massively popular in the U.S. and Canada. Expanding infrastructure and procedural demand will augur well for the North America aesthetic medicine market forecast. The dermatology clinics segment could expand at a strong CAGR of 8.8% through 2027.

 
The U.S. is likely to provide promising growth opportunities with trends soaring in aesthetic procedures. Stakeholders are poised to expand penetration through infrastructure development and the adoption of advanced devices in aesthetic procedures. The U.S. aesthetic medicine market accounted for around 88% revenue share in 2020 and will grow at an appreciable rate by 2027.
 
Leading companies such as Cynosure, Alma Lasers, AbbVie Inc., Syneron Candela, PhotoMedex and Galderma have propelled the competitiveness of the North America aesthetic medicine market. They are likely to focus on product portfolio expansion, mergers & acquisitions, partnerships and R&D investments. Rising inclination in cosmetic procedures and manufacturing of innovative aesthetic devices will reshape the dynamics of the North America aesthetic medicine industry.
 
Table of Contents (ToC) of the report:

Chapter 1   Methodology
1.1    Definition and forecast parameters
1.1.1    Definitions
1.1.2    Methodology and forecast parameters
1.2    Data sources
1.3    References & sources
1.3.1    Secondary
1.3.2    Primary

Chapter 2   Market Summary
2.1    North America aesthetic medicine market summary, 2016 – 2027
2.1.1    Country trends
2.1.2    Type trends
2.1.3    Product trends
2.1.4    Gender trends
2.1.5    End-use trends

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