Overview and Scope
Aesthetic services refer to a range of cosmetic treatments and procedures that are performed to enhance or improve a person’s appearance. Aesthetic services serve various purposes and are sought after by individuals for different reasons.
Sizing and Forecast
The aesthetic services market size has grown strongly in recent years. It will grow from $18.11 billion in 2023 to $19.58 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to celebrity influence, celebrity influence, aging population, media and social perception, virtual consultations and telemedicine.
The aesthetic services market size is expected to see strong growth in the next few years. It will grow to $25.84 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to globalization of beauty standards, preventive aesthetic treatments, men’s aesthetic services, health and wellness focus. Major trends in the forecast period include technological advancements, non-invasive and minimally invasive procedures, personalization and customization, rise of combination therapies, ethical and sustainable aesthetics.
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Segmentation & Regional Insights
The aesthetic services market covered in this report is segmented –
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
North America was the largest region in the aesthetic services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aesthetic services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the aesthetic services market report are Rousso Adams Facial Plastic Surgery Clinic, The Ottawa Skin Clinic, Viva Skin & Hair Clinic, Cynosure Inc., Human Med AG, Lumentis Ltd., Master-Aesthetic Limited, Mirror Mirror Beauty Boutique, International Association of Better Business Bureaus Inc., Azul Cosmetic Surgery and Medical Spa, GC Aesthetics France SAS, Marina Plastic Surgery, Alcon Inc., Biosil Ltd., Genzyme Corporation, Alma Lasers Ltd., Bausch Health Companies, Galderma S.A., Cutera Inc., Saltz Plastic Surgery
The aesthetic services market report table of contents includes:
1. Executive Summary
2. Aesthetic Services Market Characteristics
3. Aesthetic Services Market Trends And Strategies
4. Aesthetic Services Market – Macro Economic Scenario
5. Global Aesthetic Services Market Size and Growth
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31. Aesthetic Services Market Other Major And Innovative Companies
32. Global Aesthetic Services Market Competitive Benchmarking
33. Global Aesthetic Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aesthetic Services Market
35. Aesthetic Services Market Future Outlook and Potential Analysis
36.Appendix
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