LONDON--(BUSINESS WIRE)--The global facial aesthetics market to register an incremental growth of USD 2.57 billion, witnessing a CAGR of over 7% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the facial aesthetics market in optimistic, probable, and pessimistic forecast scenarios.
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The facial aesthetics market will witness a positive and superior impact during the forecast period owing to the extensive spread of the COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to increase compared to 2019.
Facial Aesthetics Market 2020-2024: Vendor Analysis
The market is concentrated. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.
Major facial aesthetics market participants are
- AbbVie Inc.
- Adoderm GmbH
- Alma Lasers GmbH
- Anika Therapeutics Inc.
- Bausch Health Companies Inc.
- Contura Ltd.
- Galderma SA
- Ipsen Pharma SA
- Merz Pharma GmbH & Co. KGaA
- Teoxane SA
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Facial Aesthetics Market 2020-2024: Segmentation
Facial Aesthetics Market is segmented as below:
-
Product
- Botulinum toxin
- dermal fillers
- Others
Botulinum toxin will account for the largest share due to the surge in the number of people aged 35 years and above undergoing facial aesthetic procedures to remove signs of aging.
-
Geography
- APAC
- Europe
- North America
- South America
- MEA
North America region will account for the highest incremental growth during the forecast period due to the rise in interest toward personal grooming and the benefits of aesthetic procedures.
The facial aesthetics market is driven by an increase in cosmetic treatment among consumers and a rising number of cosmetic surgeons or physicians, as per Technavio’s pandemic impact-focused research study. Furthermore, Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, and significant developments in vendor operations and government regulations in Consumer Staples industry.
For gaining more insights about the impact of COVID-19 pandemic on related reports, check out Technavio’s Consumer Staples section
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Botulinum toxin - Market size and forecast 2019-2024
- Dermal fillers - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AbbVie Inc.
- Adoderm GmbH
- Alma Lasers GmbH
- Anika Therapeutics Inc.
- Bausch Health Companies Inc.
- Contura Ltd.
- Galderma SA
- Ipsen Pharma SA
- Merz Pharma GmbH & Co. KGaA
- Teoxane SA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
