Asia Pacific Aesthetics Market Research Report - Forecast to 2023

Asia Pacific Aesthetics Market Research Report - Forecast to 2023

ID: MRFR/HC/4204-CRR | March, 2018 | Region: Global | 110 pages | Cooked Research Reports

Asia Pacific Aesthetics Market Research Report: Procedures (Surgical Aesthetic Procedure), Procedures (Aesthetic Implants), Application (Breast Enhancement, Scar Treatment, Tattoo Removal), End User (Dermatology Clinics, Cosmetic Clinics) – Forecast Till 2023


Market Scenario:


Aesthetics is a branch of philosophy concerned with the valuation of craftsmanship, beauty, excellence, and good taste. Medical aesthetics carry this philosophy to improve the cosmetic appearance of an individual.  Various aesthetic techniques are available in the market, which are effectively utilized for liposuction, hair removal, acne treatment, and others. Growing expenditure on cosmetic surgeries is the major driver for market growth. According to the International Trade Administration in 2015, the per capita cosmetic expenditure was about USD 174 in Japan. Moreover, it was estimated that the Asian countries are receiving huge exports from the U.S for the same reason. Additionally, factors such as increasing prevalence of skin diseases like acne and actinic keratosis and high demand for aesthetics procedures like liposuction, hair transplantation in the the growing obese and geriatric population boosts the market growth. According to a study published in the Anais Brasileiros De Dermatologia journal in 2014, countries such as China and Belgium have a higher prevalence for acne, and the disease is estimated to affect approximately 90% of the adolescent population within the region. Moreover, in 2016, according to the International Society of Aesthetic Plastic Surgery, an estimated 18,447 liposuction procedures were performed in the Chinese Taipei, accounting for 1.3% of the total surgical liposuction procedures across the globe. It was estimated that India stood third in liposuction procedures, representing 5.0% of the total liposuction procedures performed in the world. However, high procedural cost followed by need of physician training is estimated to restrain the market growth during the forecast period. The average estimated cost of laser slimming treatment in Japan is estimated to be from USD 2520 to USD 3025. Moreover, in 2016 Cutera, stated that its products like the excel V should be operated only by qualified practitioners, who have received appropriate training and also have thoroughly reviewed the procedures operations.


Asia Pacific aesthetics market is estimated to grow at an approximate CAGR of 11.50% from 2017 to 2023.


Intended Audience



  • Pharmaceutical Companies

  • Biotechnological Institutes

  • Research And Development (R&D) Companies

  • Medical Research Laboratories

  • Market Research And Consulting Service Providers


Figure 1- Asia Pacific Aesthetics Market Share, By Country


 Asia Pacific Aesthetics Market Share


Sources: International Trade Administration, Anais Brasileiros De Dermatologia journal, International Society of Aesthetic Plastic Surgery, WHO, annual reports, press release, white paper, and company presentation


Segmentation


The Asia Pacific aesthetics market is segmented on the basis of procedures, products, application, and end-user.


On the basis of the procedures, the market is categorized into surgical aesthetic procedures and nonsurgical aesthetic procedures. The surgical aesthetic procedures segment is sub-segmented into liposuction, breast augmentation, tummy tuck, eyelid surgery, breast lift, dermabrasion, and others. The nonsurgical aesthetic procedures segment is sub segmented into botulinum toxin, hyaluronic acid, hair removal, photorejuvenation (IPL), chemical peel, microdermabrasion, and others. On the basis of the product, the market is segmented into laser and energy based devices, skin tightening and body contouring devices, aesthetic implants, and others. The skin tightening and body contouring devices segment is sub-segmented into liposuction devices, cellulite reduction devices, cryolipolysis technology, anti-aging device, and others. The aesthetic implants segment is sub-segmented as dental implants, breast implants, buttock augmentation, transdermal implants, and others. On the basis of the application, facial & body contouring, facial & skin rejuvenation, breast enhancement, scar treatment, reconstructive surgery, tattoo removal, vaginal rejuvenation, and others. On the basis of the end-user, the market is segmented into hospitals & clinics, dermatology clinics, cosmetic centers, and others.


Research Methodology


 Research Methodology


Sources: International Trade Administration, Anais Brasileiros De Dermatologia journal, International Society of Aesthetic Plastic Surgery, WHO, annual reports, press release, white paper, and company presentation


Regional Analysis


On the regional basis, Asia Pacific is segmented into China, India, Japan, Australia, and Rest of Asia Pacific.


Japan holds a major share of the market followed by the India owing to growing expenditure on cosmetic surgeries, and high per capita income. In 2016, International Society of Aesthetic Plastic Surgery stated that 120,640 non-surgical photo rejuvenation procedures were performed in Japan. India stands second in the Asia Pacific aesthetic market due to a huge population base, increasing demand for the better quality products, rapidly changing economy, and increasing cosmetic expenditure. According to the Indian Journal of Paediatric Dermatology in 2017, 200 million to 300 million people in India suffer from acne.  China stands third in the Asia Pacific aesthetic market due to increasing patient population and rising acceptance of aesthetic procedures. On the other hand, Australia holds the lowest share of the market due to high cost of aesthetic procedures and lack of skilled physicians within the region.


Key players for Asia Pacific Aesthetics Market


Cutera (U.S.), Alma Lasers (Israel), ALLERGAN (Ireland), Lumenis (Israel), Syneron Medical Ltd. (U.S.), PhotoMedex, Inc.  (U.S.), Cynosure, Inc. (U.S.), Galderma S.A. (Switzerland), Solta Medical, Inc. (Canada), Sanofi  (France), Mentor Worldwide LLC (U.S), ZELTIQ Aesthetics, Inc.(U.S.), Merz Pharma (Germany), Integra Lifesciences (U.S.), Johnson & Johnson Services, Inc. (U.S.), and others.

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TABLE OF CONTENTS

2.1 Introduction 11

2.2 Research Objective 11

2.3 Assumptions & Limitations 11

2.3.1 Assumptions 11

2.3.2 Limitations 11

3.1 Research Process 13

3.2 Primary Research 14

3.3 Secondary Research 14

3.4 Market Size Estimation 14

4.1 Introduction 17

4.2 Drivers 18

4.2.1 Prevalence of skin diseases 18

4.2.2 High demand for liposuction, and hair transplantation, and the rising obese and geriatric population 19

4.2.3 Growing expenditure on cosmetic surgeries 20

4.3 Restraints 21

4.3.1 High Procedural Cost 21

4.3.2 Sophistication and training associated with aesthetic procedures 22

4.4 Opportunities 23

4.4.1 Rising demand for minimally invasive procedures 23

4.5 Mega trend 24

4.5.1 Increasing Procedures for Liposuction 24

4.6 Macroeconomic Indicators 24

4.7 Technology Trends & Assessment 24

5.1 Value Chain Analysis 26

5.1.1 Introduction 26

5.1.2 Research and Development 26

5.1.3 Product Development 26

5.1.4 Manufacturing Process Of Aesthetic Products 26

5.1.5 Marketing and Distribution 27

5.2 Porter’s Five Forces Model 27

5.2.1 Bargaining Power of Suppliers 27

5.2.2 Bargaining Power of Buyers 28

5.2.3 Threat of New Entrants 28

5.2.4 Threat of Substitutes 28

5.2.5 Intensity of Rivalry 28

5.3 Investment Opportunities 28

5.4 Demand & Supply: Gap Analysis 29

5.5 Pricing Analysis 29

6.1 Introduction 32

6.2 Surgical Aesthetic Procedure 33

6.3 Nonsurgical Aesthetic Procedure 34

7.1 Introduction 36

7.2 Laser and Energy Based Devices 37

7.3 Skin Tightening and Body Contouring Devices 38

7.4 Aesthetic Implants 38

8.1 Introduction 40

8.2 Facial & Body Contouring 41

8.3 Facial & Skin Rejuvenation 42

8.4 Breast Enhancement 42

8.5 Scar Treatment 43

8.6 Reconstructive Surgery 43

8.7 Tattoo Removal 44

8.8 Vaginal Rejuvenation 44

9.1 Introduction 46

9.2 Hospitals & Clinics 47

9.3 Dermatology Clinics 47

9.4 Cosmetic Centers 48

10.1 Introduction 50

10.2 China 51

10.3 India 54

10.4 Japan 57

10.5 Australia 60

10.6 Rest of Asia Pacific 63

12.1 Cutera 69

12.1.1 Financials 69

12.1.2 Products 69

12.1.3 Strategy 69

12.1.4 Key Developments 69

12.2 Alma Lasers 70

12.2.1 Financials 70

12.2.2 Products 70

12.2.3 Strategy 70

12.2.4 Key Developments 70

12.3 ALLERGAN 71

12.3.1 Financials 71

12.3.2 Products 71

12.3.3 Strategy 71

12.3.4 Key Developments 71

12.4 Lumenis 72

12.4.1 Financials 72

12.4.2 Products 72

12.4.3 Strategy 72

12.4.4 Key Developments 72

12.5 Syneron Medical Ltd. 73

12.5.1 Financials 73

12.5.2 Products 73

12.5.3 Strategy 73

12.5.4 Key Developments 73

12.6 PhotoMedex, Inc. 74

12.6.1 Financials 74

12.6.2 Products 74

12.6.3 Strategy 74

12.6.4 Key Developments 74

12.7 Hologic Inc. 75

12.7.1 Financials 75

12.7.2 Products 75

12.7.3 Strategy 75

12.7.4 Key Developments 75

12.8 Galderma S.A. 76

12.8.1 Financials 76

12.8.2 Products 76

12.8.3 Strategy 76

12.8.4 Key Developments 76

12.9 Valeant (Solta Medical, Inc.) 77

12.9.1 Financials 77

12.9.2 Products 77

12.9.3 Strategy 77

12.9.4 Key Developments 77

12.10 Sanofi 78

12.10.1 Financials 78

12.10.2 Products 78

12.10.3 Strategy 78

12.10.4 Key Developments 78

13.1 Key Findings 80

13.1.1 From CEO’s View Point 80

13.2 Key companies to watch 80

14.1 Discussion Blue Print 82

TABLE 1 ASIA PACIFIC AESTHETICS MARKET AVERAGE PRICE BY PROCEDURE 2016(%) 29

TABLE 2 ASIA PACIFIC AESTHETICS MARKET AVERAGE PRICE BY PRODUCTS 2016(%) 30

TABLE 3 ASIA PACIFIC AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 32

TABLE 4 ASIA PACIFIC AESTHETICS MARKET FOR SURGICAL AESTHETIC PROCEDURE 2014-2023 (USD MILLION) 33

TABLE 5 ASIA PACIFIC AESTHETICS MARKET FOR NONSURGICAL AESTHETIC PROCEDURE 2014-2023 (USD MILLION) 34

TABLE 6 ASIA PACIFIC AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 36

TABLE 7 ASIA PACIFIC AESTHETICS MARKET FOR LASER AND ENERGY BASED DEVICES 2014-2023 (USD MILLION) 37

TABLE 8 ASIA PACIFIC AESTHETICS MARKET FOR SKIN TIGHTENING AND BODY CONTOURING DEVICES 2014-2023 (USD MILLION) 38

TABLE 9 ASIA PACIFIC AESTHETICS MARKET FOR AESTHETIC IMPLANTS 2014-2023 (USD MILLION) 38

TABLE 10 ASIA PACIFIC AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 40

TABLE 11 ASIA PACIFIC AESTHETICS MARKET FOR FACIAL & BODY CONTOURING 2014-2023 (USD MILLION) 41

TABLE 1 ASIA PACIFIC AESTHETICS MARKET FOR FACIAL & SKIN REJUVENATION 2014-2023 (USD MILLION) 42

TABLE 2 ASIA PACIFIC AESTHETICS MARKET FOR BREAST ENHANCEMENT 2014-2023 (USD MILLION) 42

TABLE 3 ASIA PACIFIC AESTHETICS MARKET FOR SCAR TREATMENT 2014-2023 (USD MILLION) 43

TABLE 4 ASIA PACIFIC AESTHETICS MARKET FOR RECONSTRUCTIVE SURGERY 2014-2023 (USD MILLION) 43

TABLE 5 ASIA PACIFIC AESTHETICS MARKET FOR TATTOO REMOVAL 2014-2023 (USD MILLION) 44

TABLE 6 ASIA PACIFIC AESTHETICS MARKET FOR VAGINAL REJUVENATION 2014-2023 (USD MILLION) 44

TABLE 7 ASIA PACIFIC AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 46

TABLE 8 ASIA PACIFIC AESTHETICS MARKET FOR HOSPITALS & CLINICS 2014-2023 (USD MILLION) 47

TABLE 9 ASIA PACIFIC AESTHETICS MARKET FOR DERMATOLOGY CLINICS 2014-2023 (USD MILLION) 47

TABLE 10 ASIA PACIFIC AESTHETICS MARKET FOR COSMETIC CENTERS 2014-2023 (USD MILLION) 48

TABLE 11 ASIA PACIFIC AESTHETICS MARKET, BY COUNTRY/REGION 2014-2023 (USD MILLION) 50

TABLE 12 CHINA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 51

TABLE 13 CHINA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 52

TABLE 14 CHINA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 53

TABLE 15 CHINA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 53

TABLE 16 INDIA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 54

TABLE 17 INDIA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 55

TABLE 18 INDIA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 56

TABLE 19 INDIA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 56

TABLE 20 JAPAN AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 57

TABLE 21 JAPAN AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 58

TABLE 22 JAPAN AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 59

TABLE 23 JAPAN AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 59

TABLE 24 AUSTRALIA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 60

TABLE 25 AUSTRALIA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 61

TABLE 26 AUSTRALIA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 62

TABLE 27 AUSTRALIA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 62

TABLE 28 REST OF ASIA PACIFIC AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 63

TABLE 29 REST OF ASIA PACIFIC AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 64

TABLE 30 REST OF ASIA PACIFIC AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 65

TABLE 31 REST OF ASIA PACIFIC AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 65

TABLE 1 ASIA PACIFIC AESTHETICS MARKET AVERAGE PRICE BY PROCEDURE 2016(%) 29

TABLE 2 ASIA PACIFIC AESTHETICS MARKET AVERAGE PRICE BY PRODUCTS 2016(%) 30

TABLE 3 ASIA PACIFIC AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 32

TABLE 4 ASIA PACIFIC AESTHETICS MARKET FOR SURGICAL AESTHETIC PROCEDURE 2014-2023 (USD MILLION) 33

TABLE 5 ASIA PACIFIC AESTHETICS MARKET FOR NONSURGICAL AESTHETIC PROCEDURE 2014-2023 (USD MILLION) 34

TABLE 6 ASIA PACIFIC AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 36

TABLE 7 ASIA PACIFIC AESTHETICS MARKET FOR LASER AND ENERGY BASED DEVICES 2014-2023 (USD MILLION) 37

TABLE 8 ASIA PACIFIC AESTHETICS MARKET FOR SKIN TIGHTENING AND BODY CONTOURING DEVICES 2014-2023 (USD MILLION) 38

TABLE 9 ASIA PACIFIC AESTHETICS MARKET FOR AESTHETIC IMPLANTS 2014-2023 (USD MILLION) 38

TABLE 10 ASIA PACIFIC AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 40

TABLE 11 ASIA PACIFIC AESTHETICS MARKET FOR FACIAL & BODY CONTOURING 2014-2023 (USD MILLION) 41

TABLE 1 ASIA PACIFIC AESTHETICS MARKET FOR FACIAL & SKIN REJUVENATION 2014-2023 (USD MILLION) 42

TABLE 2 ASIA PACIFIC AESTHETICS MARKET FOR BREAST ENHANCEMENT 2014-2023 (USD MILLION) 42

TABLE 3 ASIA PACIFIC AESTHETICS MARKET FOR SCAR TREATMENT 2014-2023 (USD MILLION) 43

TABLE 4 ASIA PACIFIC AESTHETICS MARKET FOR RECONSTRUCTIVE SURGERY 2014-2023 (USD MILLION) 43

TABLE 5 ASIA PACIFIC AESTHETICS MARKET FOR TATTOO REMOVAL 2014-2023 (USD MILLION) 44

TABLE 6 ASIA PACIFIC AESTHETICS MARKET FOR VAGINAL REJUVENATION 2014-2023 (USD MILLION) 44

TABLE 7 ASIA PACIFIC AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 46

TABLE 8 ASIA PACIFIC AESTHETICS MARKET FOR HOSPITALS & CLINICS 2014-2023 (USD MILLION) 47

TABLE 9 ASIA PACIFIC AESTHETICS MARKET FOR DERMATOLOGY CLINICS 2014-2023 (USD MILLION) 47

TABLE 10 ASIA PACIFIC AESTHETICS MARKET FOR COSMETIC CENTERS 2014-2023 (USD MILLION) 48

TABLE 11 ASIA PACIFIC AESTHETICS MARKET, BY COUNTRY/REGION 2014-2023 (USD MILLION) 50

TABLE 12 CHINA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 51

TABLE 13 CHINA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 52

TABLE 14 CHINA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 53

TABLE 15 CHINA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 53

TABLE 16 INDIA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 54

TABLE 17 INDIA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 55

TABLE 18 INDIA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 56

TABLE 19 INDIA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 56

TABLE 20 JAPAN AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 57

TABLE 21 JAPAN AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 58

TABLE 22 JAPAN AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 59

TABLE 23 JAPAN AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 59

TABLE 24 AUSTRALIA AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 60

TABLE 25 AUSTRALIA AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 61

TABLE 26 AUSTRALIA AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 62

TABLE 27 AUSTRALIA AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 62

TABLE 28 REST OF ASIA PACIFIC AESTHETICS MARKET, BY PROCEDURE 2014-2023 (USD MILLION) 63

TABLE 29 REST OF ASIA PACIFIC AESTHETICS MARKET, BY PRODUCT 2014-2023 (USD MILLION) 64

TABLE 30 REST OF ASIA PACIFIC AESTHETICS MARKET, BY APPLICATION 2014-2023 (USD MILLION) 65

TABLE 31 REST OF ASIA PACIFIC AESTHETICS MARKET, BY END USER 2014-2023 (USD MILLION) 65