Europe Medical Aesthetics Market Key Players and Opportunities by 2028

The medical aesthetics market in Europe is expected to grow from US$ 1,562.67 million in 2021 to US$ 3,384.96 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028.

The UK, Germany, and Italy are major economies in Europe. Significant growth opportunities in emerging countries is the major factor driving the growth of the Europe medical aesthetics market. Health systems in developing economies are focusing on introducing various advanced medical aesthetic technologies into their service portfolios. Many of these countries are at the center of medical tourism. Patients from developed regions approach emerging countries are undergoing various medical aesthetic procedures. Health facilities, medical spas, and wellness centers are increasingly offering a comprehensive range of inexpensive but high-quality medical-aesthetic procedures. Thus, emerging markets are increasingly perceived by players in the global medical aesthetics market as a lucrative growth opportunity to expand their business. The rising spending on cosmetic and rejuvenation procedures to improve aesthetics is rapidly increasing among people from this region. The growth of the medical aesthetics market is primarily attributed to the increasing awareness and acceptance of aesthetic procedures in the population, the growing awareness of the physical appearance in humans, the increasing incidence of skin diseases, the growing geriatric population, and its availability and acceptance technologically advanced medical devices returned to the region.

The COVID-19 pandemic has shown a significant negative impact on the global and European health economies. Health services in the region are highly prioritized to serve the COVID-19 patients. The routine health care services have remained suspended. Therefore, it has affected the aesthetic medical services and its dependable revenue generation in the region. Europe has been in an area of dynamic development in the field of plastic surgery, adapting to differing cultures, traditions, and surgical and medical philosophies. In the recent times, these changes have been even more significant and rapid. On the other hand, the spread of the novel coronavirus infection has grown significantly, it has raised question regarding the safety from the aesthetic treatments done by lasers, and micro needling. Thus, the aesthetic services have been totally shutdown in the European countries. These countries have undergone second phase of lockdown as they have experienced second wave of the COVID-19 outbreak. Countries such as the UK, Belgium, Germany, Switzerland, France, Italy, and Spain are highly affected due to the outbreak. Therefore, the lockdown has widely affected the flow of businesses across the region and outside the region. Various conferences related to the aesthetic industry are being conducted through webinars. Hence, it is expected that negative impact on the market is likely to continue in the coming years.

Europe Medical Aesthetics Market Segmentation 

Europe Medical Aesthetics Market – By Product

• Facial Aesthetic Products
  • Dermal Fillers
  • Botulinum Toxin
  • Microdermabrasion Devices
• Body Contouring Devices
  • Liposuction Devices
  • Nonsurgical Fat Reduction Devices
  • Cellulite Reduction Devices
• Cosmetic Implants
  • Breast Implants
  • Facial Implants
  • Others
• Skin Aesthetic Devices
  • Laser Skin Resurfacing Devices
  • Light Therapy Devices
  • Nonsurgical Skin Tightening Devices
  • Micro-Needling Products
• Hair Removal Devices
• Tattoo Removal Devices
• Others

Europe Medical Aesthetics Market – By Application

• Facial and Body Contouring
• Facial and Skin Rejuvenation
• Breast Augmentation
• Hair Removal
• Reconstructive Surgery
• Tattoo Removal
• Others

Europe Medical Aesthetics Market – By End User

• Hospitals
• Dermatology Clinics
• Medical Spas and Beauty Centers
• Home Care

Europe Medical Aesthetics Market– By Country

• Italy
• Germany
• France
• UK
• Spain
• Rest of Europe

Europe Medical Aesthetics Market-Companies Mentioned

• Allergan Plc
• Alma Lasers
• Cutera Inc
• El.En. S.p.A
• Galderma
• Hologic, Inc
• Lumenis
• Mentor Worldwide, LLC

Europe Medical Aesthetics Report Scope