Market Growth, Trends & Forecasts for Aesthetic Appliances in India (2019-2024) 2

Market Growth, Trends & Forecasts for Aesthetic Appliances in India (2019-2024)

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Market Growth, Trends & Forecasts for Aesthetic Appliances in India (2019-2024) 3

Market Overview

– In India, the medical-aesthetic industry is making progress, mainly in the metropolises of several countries in the country.
– The key factors driving this industry are the increasing adoption of new technologies and needs for beauty techniques. Other influential factors include the influx of competition, business and investment from domestic companies and international players looking for a large customer base.
– As India is known for its fast growing healthcare sector, demand for drugs is increasingly focused on technology. The medical device industry is also expected to monitor the surge in ideas and techniques from many physicians and surgeons.
– However, social stigma, including a reluctance to take medical interventions in the body, as well as a low level of reimbursement policy, limit the growth of this market.
scope of the report

The Indian aesthetic medicine market covers all kinds of medical products used in various cosmetic procedures. These procedures include plastic surgery, hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., which are used to beautify, modify and enhance the body.

Important market trends

The non-surgical skin tightening device segment is expected to grow significantly in India during the forecast period

With the advent of minimally invasive surgery in general surgery, skin tightening devices have also made significant technological advances in recent years. There are various types of non-surgical skin tightening devices available in the Indian market, but most of the devices consist of laser energy, radio frequency energy, ultrasound energy, or a combination of these energies for dermal tissue heat. Another factor driving the segment of non-surgical devices is that these devices have minimal side effects and have no pain in treatment. As numerous companies plan to further establish themselves in Tier II Indian cities, potential demand for these devices is expected to increase.

competitive landscape

The Indian medical aesthetic products market is quite consolidated and there are several global players with established brand identity. However, several local actors are seeing good growth and recognition in society. However, international companies are also moving at high speed to different countries in the country, doing business for both global and domestic players. Major companies in the Indian market for aesthetic medical products include Allergan Inc., Alma Lasers (Sisram Medical Ltd.), Cutera, Bausch Health Companies Inc. (Solta Medical Inc.) and Lumenis.

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content

1 INTRODUCTION
1.1 Research results
1.2 Study assumptions
1.3 Scope of the study

2 Research methodology

3 SUMMARY

4 market dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing awareness of aesthetic practices
4.2.2 Rapid technological progress
4.3 Market Restrictions
4.3. 1 Strict safety regulations for aesthetic devices
4.3.2 High cost of aesthetic devices
4.3.3. Social stigma and ethical issues
4.4. Porter’s Five Power Analysis
4.4.1 Threatening new entrants
4.4.2 Bargaining power of buyers / consumers
4.4.3 Supplier Bargaining Power
4.4.4 Threat from
Substitute Products 4.4.5 Competitive Rivalry Intensity

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Aesthetic Lasers and Energy Devices
5.1.2 Non-surgical Skin Tightening Devices
5.1.3 Aesthetic ophthalmic equipment
5.1.4 Laser Hair Removal Equipment
5.1.5 Aesthetic implants
5.1.5.1 Breast implants
5.1.5.2 Other implants
5.1.6 Facial Aesthetics Devices
5.1.6.1 Dermal fillers
5.1.6.2 Microdermabrasion
5.2 from the end user
5.2.1 Hospitals
5.2.2. Clinics and Beauty Centers
5.2.3 Initial settings

6 COMPETITIVE END
6.1 Company Profile
6.1.1 Allergan Inc.
6.1.2 Alma laser (Sisram Medical Ltd)
6.1.3 Bausch Health Companies Inc. (Solta Medical Inc.)
6.1.4 BTL Group of Companies
6.1.5 Cutter
6.1.6 El.En. SpA
6.1.7 Hologic Inc. (Cynosure Inc.)
6.1.8 lumens
6.1.9 Merz Pharma GmbH & Co. KGaA
6.1.10 Syneron Medical Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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