India Aesthetic Devices Market - Growth, Trends, and Forecast (2019 - 2024)

India Aesthetic Devices Market - Growth, Trends, and Forecast (2019 - 2024)

  • April 2019 •
  • 92 pages •
  • Report ID: 5778449 •
  • Format: PDF
Market Overview
- In India, the medical aesthetic industry is going through multiple advances, mostly across the metropolitan cities in several states of the country.
- The major factors driving this industry are the rising adoption of new technologies and the need for beauty enhancement procedures. The other highly impactful factors include the influx of competition, business, and investment from the domestic companies and the international players seeking for a large customer base.
- Since India is well-known for its fast-growing healthcare sector, the demand for medicine is becoming more specialized with technology. The medical aesthetic devices industry is also expected to observe surge via the influx of ideas and techniques from a large number of physicians and surgeons.
- However, the social stigma, including an unwillingness to adopt medical procedures in the body as well as low cumbersome reimbursement policies, restricts the growth of this market.

Scope of the Report
The scope of the Indian medical aesthetic devices market includes all kinds of medical devices that are used for various cosmetic procedures. These procedures include plastic surgery, hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., that are used for beautification, alteration, and enhancement of the body.

Key Market Trends
The Non-surgical Skin Tightening Devices Segment is Expected to Observe Significant Growth in India During the Forecast Period

With the advent of minimally invasive procedures in general surgery, the skin tightening devices also observed significant technological advancements in recent years. In the Indian market, various types of the non-surgical skin tightening devices are available, but the majority of the devices consist of laser energy, radiofrequency energy, ultrasound energy, or a combination of these energies to deliver heat to the skin tissue. Another factor that is fueling the non-surgical devices segment is that these devices come with minimal side effects, and no pain is involved in the treatment. As a number of companies planning to further establish in the tier II cities of India, the potential demand for these devices is estimated to increase.

Competitive Landscape
The Indian medical aesthetic devices market is fairly consolidated, with the presence of several global players with established brand identity. However, several local players are registering good growth and recognition in the society. However, international companies are also penetrating to different states of the country at a fast pace, which drives the business for both global and domestic players. Some of the major companies in the Indian medical aesthetic devices market include Allergan Inc., Alma Lasers (Sisram Medical Ltd), Cutera, Bausch Health Companies Inc. (Solta Medical Inc.), and Lumenis.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

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