(MoneyNewsWire.Net, October 11, 2017 ) According to the report North America Medical Aesthetics Devices Market, published by Market Data Forecast, the Market was worth USD 1.68 billion in 2016 and estimated to be growing at a CAGR of 9.95%, to reach USD 2.7 billion by 2021. North America is the leading region in the Aesthetic Devices Market with large market shares and great demand for the aesthetic devices to develop the aesthetic features in people.
Aesthetic Devices are the equipments that are used in the aesthetic conduct which involves plastic surgery, wrinkles removal, scar removal and other look augmentation treatments. The Aesthetic Devices Market deals with the new practices that are under appraisal by the agencies for consent and the products under patents by several companies with their extent in upcoming years in different regions across the globe.
Browse market data tables and in-depth TOC of the North America Medical Aesthetics Devices Industry to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-medical-aesthetics-devices-market-779/
Increasing aesthetic awareness among people, particularly the aged population is generating demand for numerous devices used in aesthetic processes. Some of the other factors contributing to the growth of the market are speedy technological progression, augmenting demand for the use of minimally invasive devices, rising consciousness about aesthetic procedures, growing obese population and rise in disposable incomes. Lack of proper reimbursement framework is a major restrain for the growth of medical aesthetic devices market.
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The North America Medical Aesthetics Devices market is segmented on the basis of product type into Energy based devices, implants and anti-wrinkle products. Energy based devices are further sub-segmented into Aesthetic Laser Devices, Body Contouring Devices, Microdermabrasion and Ultrasound. Also, anti-wrinkle sector is further divided into Botulinum toxin, Dermal Fillers and Chemical Peel. Based on procedures the market is segmented into cosmetic procedures and reconstruction procedures. Cosmetic procedures are of two kinds minimally invasive and surgical procedures. On the basis of end users, the market is bifurcated into home use and clinics and beauty centres. The anti-wrinkle products section is estimated to show considerable growth during the forecast period due to wide accessibility of these products, immediate and continual results and deteriorating costs.
Based on geography the market is analysed under various regions namely, USA and Canada. USA is dominating the North America region market and is expected to continue its dominance over the forecast period.
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The market for aesthetic medicine is highly fragmented with many local players competing with international players. Some of the key players in the global medical aesthetic market are Allergan, Cynosure, Johnson & Johnson, LCA Pharmaceutical, Galderma Pharma, Solta Medical, Cutera, Focus Medical, Human Med Ag, Genzyme Corporation, Alcon Inc. and Alma Lasers.
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