Aesthetic Medicine Market Poised to Garner Maximum Revenues by 2024
                     Aesthetic Medicine Market
In the last few years, the manufacturers have created novel aesthetic gadgets, resulting in a rise
in demand for aesthetic treatments. In the next few years, technologically sophisticated goods
such as non-invasive body sculpting devices that employ fat freezing technology, for example,
are  likely  to  generate  profitable  prospects.  These  innovations  in  the  beauty  industry  are
expected to propel the global aesthetic medicine market forward.
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The outbreak of  global  pandemic,  COVID-19,  had a huge impact  on the aesthetic medicine
business.  At  first,  the  market  was  adversely  damaged  by  social  distancing  norms  and  a
significant drop in consumer income. Due to reasons such as temporary closures of beauty
salons, decreased product demand, and limited operations, the industry experienced a period
of short-term negative growth. On the other hand, remote working or work from home has
increased the amount of time spent on Zoom calls.  People are very concerned about their
aesthetic  appearance.  This  has  resulted  in  a  rise  in  cosmetic  surgery  demand,  with  Botox
emerging as one of the most popular treatments. Cosmetic operations are also becoming more
popular among patients due to the ease with which they may heal while staying at home. As a
result, during the lockdown, the market for cosmetic medicine grew significantly resulting in
increased demand in the global aesthetic medicine market.
In developing countries, there is a growing desire to seem youthful and fit, which has raised
demand for cosmetic treatments. In nations like South Korea and India, cosmetic treatments
including Botox injections, nose reshaping, and liposuction are gaining popularity.
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Aesthetic Medicine Market: Introduction
 Aesthetics has been gaining importance in all  aspects of everyday life in the last few
years.  It  is  a highly innovative branch of medicine. The aim of aesthetic medicine is to
improve physical appearance and satisfaction of a patient by using minimally invasive or
non-invasive procedures. Aesthetic medicine is recommended to healthy individuals who
are dissatisfied with some minor deficiencies. Aesthetic medicine is also utilized to treat
conditions such as eczema, allergies,  and acne. Moreover, aesthetic treatment includes
dermal fillers, microdermabrasion, venous treatment, body countering, cellulite treatment,
and chemical peels.
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Key Drivers, Restrains, and Opportunities of Global Aesthetic Medicine Market
 Demand  for  cosmetic  procedures  across  the  world  is  increasing.  It  is  estimated  to
further  propel  the  aesthetic  medicine  market.  Demand  for  various  non-invasive  or
minimally  invasive  services  such  as  laser  resurfacing,  aesthetic  injectable,  and  other
services is increasing alongside an increased consumer interest in skin texture and tone
improvement.
 Rise in awareness and demand for preventative procedures meant to offer anti-aging
benefits of injectable products in early life is further anticipated to boost the aesthetic
medicine market. Moreover, focus of market players on R&D investments is projected to
lead  to  innovations  in  aesthetic  medicines,  thereby  boost  their  demand.  However,
unfavorable  reimbursement  policies  and  the  high  cost  of  aesthetic  procedures  are
estimated to hamper the market during the forecast period.
 The COVID-19 pandemic has significantly affected the aesthetic medicine industry. The
COVID outbreak may have positive implications for the industry long-term regardless of
causing  reduced  demand  from  primary  end-users,  limited  operations,  and  closures  of
major end-user facilities. The market has witnessed the negative impact of COVID for the
short-term  due  to  widespread  shutdowns,  leading  to  significant  challenges  in
manufacturing and the supply chain.
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North America to Capture Major Share of Global Aesthetic Medicine Market
 North  America  is  anticipated  to  account  for  a  major  share  of  the  global  aesthetic
medicine market during the forecast period owing to availability of advanced healthcare
infrastructure, adoption of cosmetic procedures, and rising prevalence of skin disorders
 The aesthetic medicine market in Asia Pacific is likely to expand at a rapid pace during
the forecast period. This is attributed to rising consumer knowledge and increased interest
in  cosmetic  procedures,  rising  medical  tourism,  and  widened  acceptance  of  aesthetic
medicines.
Key Players Operating in Global Aesthetic Medicine Market
The global aesthetic medicine market is highly fragmented, with the presence of large number
of key players. These players hold major share in their respective regions.
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