Market Size of Germany Aesthetic Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.50 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Germany Aesthetic Devices Market Analysis
The aesthetic devices offer multiple options to enhance aesthetic appearance. The rising obese and geriatric populations are the key drivers of the market studied. The increasing awareness about appearance also contributes to the strong growth of the market. The market is also expected to witness growth with increasing installed bases of aesthetic devices in clinics due to the rapid demand.
- An increase in demand for aesthetic or cosmetic surgeries has been reflected in the changing attitudes toward youth and beauty. Many advanced non-surgical and minimally invasive techniques for performing the aesthetic procedures were being developed in the 21st century. The millennials, aged 18 to 30 years, are opting for cosmetic surgeries and procedures, thereby driving the demand in the market studied.
- Celluma, a light-emitting diode (LED) device manufacturer, is being launched in Europe, after being available in the United States since 2013. The flagship device, Celluma PRO, is to treat acne, wrinkles, and a variety of musculoskeletal and pain conditions. It has a CE marked as a Class II medical device for various skin issues, which is also a technological advancement in the industry. Merz, a global leader in medical aesthetics, has launched the Belotero Lips products, which are now available in selected countries in Europe.