“Business Research Corporation has recently released a comprehensive report on Global Facial Rejuvenation Market Size and Trend Analysis Forecast 2024-2033. This latest market research report offers a wealth of valuable information and data such as global market size, regional shares and competitor market share Additionally, it covers current trends, future opportunities, and key data for success in the industry.
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According to The Business Research Company’s, the size of the facial rejuvenation market has grown rapidly in recent years. It will grow from $2.77 billion in 2023 to $3.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. Growth over the historical period can be attributed to the increasing demand for cosmetic surgery procedures, increasing societal emphasis on youth and beauty, celebrity endorsements and media influence, rising disposable income and a growing middle class, improvements in safety and effectiveness of facial rejuvenation techniques.
The facial rejuvenation market size is expected to witness rapid growth in the coming years. It will grow to $4.79 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth over the forecast period can be attributed to demographic shift in aging population, advancement in non-invasive and minimally invasive procedures, growing awareness about the importance of skin care and self-care, demand for personalized treatment plans and globalization of beauty standards. Major trends in the forecast period include product innovations, technological advancements, personalized treatment approaches, growing partnerships, AI integration, telemedicine, and virtual consultations.
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Market factors and trends:
The increasing prevalence of dental disorders is expected to propel the growth of the digital dentistry market in the future. Dental disorders refer to a range of conditions that affect the teeth, gums and oral structures, including cavities, gum disease, tooth decay and oral infections. Dental disorders are caused by factors such as poor oral hygiene practices, unhealthy eating habits, tobacco use, inadequate access to dental care and an aging population. Digital dentistry is transforming the diagnosis and treatment of dental disorders with technologies such as computer-aided design or computer-aided manufacturing systems (CAD or CAM), digital imaging and artificial intelligence (AI) diagnostics, improving accuracy and outcomes. For example, in August 2022, according to the National Health Service (NHS), a health care system based in the United Kingdom, in the business year 2021-22, there was a remarkable increase of 120.0% in the provision of dental treatments, a total of 26, 4 million lessons compared to the previous year. Hence, increasing prevalence of dental disorders is driving the growth of the digital dentistry market.
Major companies active in the facial rejuvenation market are developing innovative treatments, such as permanent hair reduction and skin rejuvenation treatments, to address the growing demand for non-invasive and minimally invasive cosmetic procedures. Permanent hair reduction and skin rejuvenation treatments are advanced cosmetic procedures aimed at improving the appearance and health of the skin and reducing unwanted hair growth. For example, in March 2024, Reveal Lasers LLC, a US-based manufacturer of laser and radiofrequency aesthetic devices, released the AlloraPro Laser Workstation, a state-of-the-art device designed for permanent hair reduction and skin rejuvenation treatments. AlloraPro features an intuitive interface and customizable treatment options, improving efficiency with a 25% larger spot size. The device can also target vascular lesions such as leg veins and facial veins, along with pigmented lesions and photorejuvenation. The AlloraPro Laser Workstation’s adjustable pulse width, flow, repetition rate, automatic spot recognition system and convenient handpiece storage make it a versatile, efficient and profitable solution for aesthetic practices worldwide.
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Main key market players:
AbbVie Inc., Bausch Health Companies Inc., Galderma S/A, Contura International A/S, Hologic Inc., Fibrocell Science Inc., Merz Pharma GmbH & Co. KGaA, InMode Ltd., Lumenis Ltd., Cynosure LLC, Cutera Inc., Lutronic Corporation, Anika Therapeutics Inc., Croma-Pharma GmbH, Revance Therapeutics Inc., Sciton Inc., Alma Lasers, Venus Concept Ltd., Zimmer MedizinSystems, Ulthera Inc., Jeisys Medical Inc., Lynton Lasers Ltd., Candela Corporation, Revance Aesthetics Inc.
Facial Rejuvenation Market 2024 Key Information:
• Facial rejuvenation market size is expected to witness rapid growth in the coming years. It will grow to $4.79 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%.
• Increasing demand for non-invasive facial surgeries is driving growth in the facial rejuvenation market
• Innovative Facial Rejuvenation Precision Enhancement Systems
• North America was the largest region in the facial rejuvenation market in 2023
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