Aesthetic medical device market expected to hit $18.82 billion by 2034

The global aesthetic medical device market is set to expand from $13.73 billion in 2024 to $18.82 billion by 2034. As such, this indicates a CAGR of 3.20 per cent. This growth is driven by advancements in technology and shifting beauty trends. The rise is because of advancements in aesthetic technologies and evolving customer preferences. Trends in beauty standards, social media, and a greater focus on preventative care are all contributing to the increased demand for cosmetic procedures. As people’s disposable incomes surge and consider technological advancements, aesthetic devices become more affordable and versatile. Awareness is growing, and people desire less invasive choices. This is driving the demand for non-invasive treatments.

Regional dynamics show that non-energy-based devices dominate the market, with significant growth in India (4.50 per cent CAGR) and China (6.20 per cent CAGR). As the market evolves, opportunities for innovation and leadership in wellness and beauty are substantial.