According to market research, the global medical aesthetics market is estimated to grow 10.8 percent from 2015 to 2020. North America currently holds the largest share of the medical aesthetics market. Factors such as rising consumer awareness and interest in aesthetic procedures, strong local economies, aggressive marketing by leading U.S. and European companies, and decreasing social taboos are propelling its growth.
Women account for the lion’s share of the industry’s growth. This is mainly driven by an aging population, the growing adoption of minimally invasive and non-invasive aesthetic procedures, increased public awareness and technological advancements in energy-based devices.
Dr. Dennis Eisenberg, from Medical Aesthetics of North Dallas, says, “In addition to the cosmetic, we are specifically finding more and more requests for non-invasive procedures that improve women’s quality of life. Procedures like the recently FDA-approved MonaLisa Touch® – a treatment for Vaginal Atrophy after menopause – and bioidentical hormone replacement therapy (BHRT) are more frequently requested.”
Today’s population is healthier than in previous decades. And with that, not only do people want to look as good as they feel, their interest in taking care of themselves extends to all aspects of the body.
Baby Boomers represent over 28 percent of the population in North America, contributing to its command of the largest share (49 percent) of the global medical aesthetics market in 2015. North America will continue to lead in the years to come, owing to rapidly aging population, technological advancements and growing FDA approvals of devices in the U.S.
Currently, the medical aesthetics market is a diversified and competitive one with a large number of players. In 2014, Cynosure Inc. (manufacturer of MonaLisa Touch), Syneron Medical Ltd., Solta Medical, Inc., ZELTIQ Aesthetics, Inc., Lumenis Ltd., and PhotoMedex, Inc. were the leading companies in the global medical aesthetics laser and energy devices market.
About Medical Aesthetics of North Dallas
Medical Aesthetics of North Dallas was founded by Dr. Dennis Eisenberg in 2011 when his passion for women’s healthcare inspired him to assemble a highly-trained team to bring the latest med spa technologies to the North Texas area. By providing the best patient care and leading edge technology, the certified and licensed staff at the med spa provides the highest quality aesthetic procedures available in the Dallas area. To learn more about Medical Aesthetics of North Dallas, visit them online at http://northdallasmedspa.com/ or on Facebook https://www.facebook.com/northdallasmedspa.
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