Aesthetic Services Market By Service Type (Facial Aesthetic Services, Body Contouring Services, Skin Rejuvenation Services, Hair Removal Services, Tattoo Removal Services), By End-User (Hospitals, Dermatology Clinics, Cosmetic Surgery Centers, Medical Spas), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Aesthetic Services Market was valued at USD 1.6 billion in 2023 and will surpass USD 3.4 billion by 2030; growing at a CAGR of 11.0% during 2024 - 2030. The aesthetic services market has witnessed significant growth over the past few years, driven by the rising popularity of non-invasive and minimally invasive beauty treatments. With an increasing focus on cosmetic enhancement, individuals are opting for procedures that not only improve physical appearance but also offer quick recovery times and minimal risks. This market encompasses a wide range of services, including facial aesthetics, body contouring, hair removal, skin rejuvenation, and tattoo removal. As awareness of these services grows, there is a notable shift towards advanced technologies that offer better outcomes with fewer side effects, fueling the growth of the market across various regions. Facial Aesthetic Services Segment is Largest Owing to Increased Demand for Non-Invasive Procedures Facial aesthetic services represent the largest segment in the aesthetic services market, as they include popular treatments such as Botox, dermal fillers, chemical peels, and thread lifts. The demand for facial aesthetic procedures has been driven by the desire for youthful and rejuvenated appearances, especially among aging populations. With a growing preference for non-invasive treatments over traditional surgical options, facial aesthetic services continue to dominate the market. These procedures are highly sought after for their ability to address concerns such as wrinkles, skin texture, and volume loss, making them a primary choice for individuals seeking to enhance their facial features without undergoing extensive surgeries. The facial aesthetic services segment's growth is bolstered by advancements in technology, such as the introduction of more precise injectables and enhanced delivery systems. These improvements have made treatments more effective, with lower recovery times and fewer side effects, further contributing to their popularity. Additionally, the increasing focus on self-care and wellness has led to an uptick in the number of individuals seeking facial aesthetic treatments, driving the segment's expansion in the global market. Body Contouring Services Segment is Fastest Growing Owing to Rising Demand for Non-Surgical Solutions Body contouring services are emerging as the fastest growing segment within the aesthetic services market, driven by advancements in non-surgical fat reduction technologies. Treatments such as cryolipolysis, ultrasound, and radiofrequency-based devices offer individuals the opportunity to sculpt and shape their bodies without the need for invasive surgery. The increasing demand for body contouring is fueled by the growing awareness of these non-invasive alternatives to traditional liposuction, as they offer quicker recovery times and minimal discomfort. Moreover, these treatments are gaining popularity due to their ability to target stubborn fat deposits that are resistant to diet and exercise. The rising demand for body contouring is also a result of the increasing focus on body image and personal fitness, particularly in developed countries where consumers are more willing to invest in aesthetic enhancements. The ability to achieve a toned and sculpted physique without the risks associated with surgery is making body contouring one of the most appealing options for individuals seeking physical transformation. As a result, the body contouring services segment is expected to see continued growth in the coming years. Dermatology Clinics Segment is Largest End-User Owing to Specialized Expertise Dermatology clinics represent the largest end-user segment in the aesthetic services market. These clinics are preferred by individuals seeking professional care for a wide range of aesthetic treatments, such as skin resurfacing, acne treatment, and anti-aging procedures. The expertise of dermatologists in managing complex skin conditions ensures that patients receive safe and effective treatments tailored to their unique needs. Dermatology clinics have established themselves as trusted centers for aesthetic services due to their specialized knowledge in skin health and beauty. The large share of dermatology clinics in the market can also be attributed to the growing demand for medical-grade skincare solutions, which require the skills and certifications of trained dermatologists. As consumers become more knowledgeable about skin health and the importance of seeking professional care, dermatology clinics are increasingly seen as the go-to venues for safe and reliable aesthetic treatments. This segment is expected to maintain its dominance due to the specialized nature of the treatments offered and the high level of trust patients place in dermatologists. North America is Largest Region Owing to High Disposable Income and Awareness North America is the largest region in the aesthetic services market, driven by high disposable income, advanced healthcare infrastructure, and a growing awareness of cosmetic enhancement options. The region's established healthcare sector, coupled with an increasing focus on personal appearance and wellness, has led to a surge in demand for aesthetic treatments. In particular, the United States has become a global leader in the adoption of facial aesthetics, body contouring, and other non-surgical procedures. The availability of cutting-edge technologies and the presence of numerous renowned clinics and practitioners contribute to North America's dominance in the market. The demand for aesthetic services in North America is also supported by the region's aging population, with many individuals seeking non-invasive solutions to address signs of aging. Additionally, the growing trend of "self-care" and wellness has encouraged people to invest in aesthetic treatments as part of their overall health and beauty routines. As a result, North America is expected to remain the largest market for aesthetic services in the foreseeable future. Leading Companies and Competitive Landscape The aesthetic services market is highly competitive, with numerous players offering a wide range of treatments and services. Leading companies in the market include Allergan, Merz Pharmaceuticals, Revance Therapeutics, Galderma, and Hologic, among others. These companies focus on developing innovative products and technologies to cater to the growing demand for non-invasive aesthetic treatments. Their strategies often involve partnerships, acquisitions, and product launches to expand their portfolios and maintain a competitive edge. The market is also characterized by the increasing involvement of dermatology clinics, cosmetic surgery centers, and medical spas, which are leveraging the latest technologies to offer advanced treatments to clients. The competitive landscape is expected to become even more dynamic as new players enter the market and existing companies continue to innovate and adapt to changing consumer preferences. With a focus on safety, efficacy, and patient satisfaction, the aesthetic services market is poised for continued growth, driven by both technological advancements and the increasing popularity of aesthetic enhancements. Recent Developments: • Allergan Aesthetics (AbbVie Inc.) launched its new HArmonyCa hybrid injectable filler, combining hyaluronic acid and calcium hydroxyapatite for facial rejuvenation. • Lumenis Ltd. introduced the Stellar M22, a cutting-edge multi-application laser platform for skin rejuvenation and hair removal. • Cynosure, Inc. completed the acquisition of Jeisys Medical, expanding its portfolio in non-surgical aesthetic devices. • Revance Therapeutics received FDA approval for its RHA Collection of dermal fillers, further strengthening its U.S. market position. • Venus Concept Inc. announced a strategic partnership with Cartessa Aesthetics to distribute its innovative aesthetic laser solutions in North America. List of Leading Companies: • Allergan Aesthetics (AbbVie Inc.) • Alma Lasers Ltd. • Cutera, Inc. • Cynosure, Inc. • Lumenis Ltd. • Merz Aesthetics • Fotona d.o.o. • Venus Concept Inc. • Bausch Health Companies Inc. • Candela Corporation • Revance Therapeutics, Inc. • Lutronic Corporation • Sciton, Inc. • Syneron Medical Ltd. • Solta Medical (Bausch Health) Report Scope: Report Features Description Market Size (2023) USD 1.6 Billion Forecasted Value (2030) USD 3.4 Billion CAGR (2024 – 2030) 11.0% Base Year for Estimation 2023 Historic Year 2022 Forecast Period 2024 – 2030 Report Coverage Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments Segments Covered Aesthetic Services Market By Service Type (Facial Aesthetic Services, Body Contouring Services, Skin Rejuvenation Services, Hair Removal Services, Tattoo Removal Services), By End-User (Hospitals, Dermatology Clinics, Cosmetic Surgery Centers, Medical Spas) Regional Analysis North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) Major Companies Allergan Aesthetics (AbbVie Inc.), Alma Lasers Ltd., Cutera, Inc., Cynosure, Inc., Lumenis Ltd., Merz Aesthetics, Fotona d.o.o., Venus Concept Inc., Bausch Health Companies Inc., Candela Corporation, Revance Therapeutics, Inc., Lutronic Corporation, Sciton, Inc., Syneron Medical Ltd., Solta Medical (Bausch Health) Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements