The Business Research Company’s Aesthetic Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Aesthetic Services Global Market Report 2023 evaluates aesthetic services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global aesthetic services market is expected to grow from $16.63 billion in 2022 to $17.98 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The aesthetic services market is expected to reach $23.87 billion in 2027 at a CAGR of 7.3%.
The rising demand for cosmetic procedures is expected to propel the growth of the aesthetic services market going forward. Cosmetic procedures refer to medical or surgical treatments performed to enhance or alter a person’s physical appearance. Aesthetic services play a crucial role in cosmetic procedures as they provide various non-surgical treatments and complementary services that enhance the overall results and address specific aesthetic concerns. For instance, in March 2023, according to a report published by the British Association of Aesthetic Plastic Surgeons, a UK-based surgical association, in 2022, 31,057 cosmetic procedures were performed, an increase of 102% from the year before. Furthermore, in 2022, women underwent 93% of all cosmetic treatments, an increase of 101% from 2021. Therefore, the rising demand for cosmetic procedures is driving the growth of the aesthetic services market.
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The aesthetic services market segments in the report are:
1) By Type: Facial Aesthetic Services, Skin Lightening, Body Contouring, Aesthetic Implantation
2) By Procedure: Cosmetic Procedures, Re Constructive Procedures
3) By Age Group: Adolescent, Adult, Geriatric
4) By End-User: Hospitals, Ambulatory Surgical Centers, Beauty Centers And Medical Spas, Dermatology Clinics
Top Key Players
- Rousso Adams Facial Plastic Surgery Clinic
- The Ottawa Skin Clinic
- Viva Skin & Hair Clinic
- Cynosure Inc.
- Human Med AG
The table of contents in TBRC’s aesthetic services market report includes:
- Executive Summary
- Aesthetic Services Market Characteristics
- Aesthetic Services Market Trends And Strategies
- Aesthetic Services Market – Macro Economic Scenario
- Global Aesthetic Services Market Drivers and Restraints
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- Global Aesthetic Services Market Competitive Benchmarking
- Global Aesthetic Services Market Competitive Dashboard
- Key Mergers And Acquisitions In The Aesthetic Services Market
- Aesthetic Services Market Future Outlook and Potential Analysis
- Appendix
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