Research and Markets releases a new report on the global facial aesthetics market.
The in-depth analysis in the report forecasts a CAGR growth of almost 10% for minimally invasive and noninvasive procedures in this market during 2016-2020.
The 9.82% projection, which includes inputs from industry experts and proposed growth prospects, includes a greater consumer preference for medically aesthetic products. Considered a combination of healthcare and beauty services, medical aesthetics provide high-tech skin care through cosmetic change or enhancement. These treatments can include injectables such as Botox or dermal facial fillers, body contouring, implants, chemical peels, and microdermabrasion, according to a media release from Research and Markets.
Growth in the use of these minimally invasive procedures continues to drive the market. Plastic and cosmetic surgeons who provide these procedures cite benefits of smaller incisions, decreased pain, less scaring, and fewer postsurgical complications as primary drivers of acceptance. In 2014, the American Society for Aesthetic Plastic Surgery saw an increase in the use of noninvasive aesthetic procedures that accounted for 84% of overall medical aesthetic procedures.
With individuals wanting to look as young as they feel, cosmetic procedures such as those listed above continue to be a growing option for both men and women. Use of the cosmetic enhancement is a known method for boosting self-confidence and self-esteem and enhancing acceptance in work and social events, per the release.
For more information, visit Research and Markets.
[Source(s): Research and Markets, Business Wire]