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Aesthetic devices market set to soar to $24.11 billion by 2032

The aesthetic devices market is primed for substantial growth, poised to reach US$ 24.11 billion by 2032, marking a projected CAGR of 6.1 per cent from 2023 to 2032. In 2022, the revenue share was dominated by North America, while the fastest CAGR is expected to be seen in the Asia-Pacific area. Also in 2022, facial aesthetic items were the most popular, while the other segment is predicted to experience remarkable growth of 7.2 per cent from 2023 to 2032. As a result of technical advancements, increased consumer awareness, changing demographics, and lifestyle trends, the demand for aesthetic devices is on the rise in an industry known for innovation and transformational innovations. Stringent rules and economic swings remain issues. Trends indicate an upsurge in noninvasive procedures and the incorporation of telemedicine, while opportunities abound in worldwide expansion and AI integration.

This article appears in AMI Dec-Jan Edition

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AMI Dec-Jan Edition
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