The global combination treatment in aesthetics market size was valued at US$ 2334 million in 2017, and is expected to witness a CAGR of 9.1% over the forecast period (2018 – 2026).
Combination treatment in aesthetics consists of multiple treatment approaches for improving aesthetic appearance for consumer. It involves both minimally invasive and virtually noninvasive treatment approaches. Combination treatment in aesthetics works on the principle that single modality of treatment cannot offer different advantage each treatment has whereas combination treatment offers best of different treatment. Various treatment approaches under combination aesthetics include, neuromodulators, derma fillers, topical therapies, intense pulsed light photo rejuvenation, laser therapies, radiofrequency based-therapies and ultra-radiofrequency-based therapies.
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Combination treatment in aesthetics offers couple of advantages such as reduced number of dermatology clinic visits and improved clinical outcome of treatment, as two different cosmetic procedures contributes its own benefits thereby providing synergic effect.
Combination treatment in aesthetics offers unique approach to treat variety of aesthetic problems such as skin resurfacing, hair removal, hyperpigmentation, scar removal, tattoo removal and other treatments. Increasing awareness about various modalities of aesthetic treatment, preference to improve visual / aesthetic appearance, and decreasing device cost is resulting into wide adoption of the combination therapies from both physician end and consumer end. Increasing number aesthetic procedures for various skin related diseases, to drive growth of the combination treatment in aesthetics market
Increasing incidences of the facial problems (wrinkles, acne, scar, sun damaged skin, stretch marks, and hyperpigmentation) is resulting in to wide utilization of non-invasive as well as minimally invasive cosmetic procedures, which in turn is expected to drive growth of the combination therapies in aesthetics market. Dermatologist are applying the combination of treatment to improve the final outcome with rapid penetration of these procedures. According to the report by International Society of Aesthetic Plastic Surgery titled Global Aesthetic Survey Results published in 2015, around 20 million cosmetic procedures were conducted worldwide, in 2014. This includes 9,645,395 surgical procedures and 10,591,506 non-surgical procedures. According the same source, over 55% of these cosmetic procedures were carried out in 10 countries such as the U.S., Brazil, Japan, Italy, Mexico, Russia, India, Turkey, Germany, and France.
According to Plastic Surgery Statistics Report, 2017, by American Society for Plastic Surgeons, in 2017, 4% increase was observed in patient’s base, which underwent multiple therapies for same cosmetic treatment. Moreover, over 14 million minimally invasive cosmetic procedures were performed that include, botulinum toxin type- A, soft tissue fillers, laser hair removal, laser skin resurfacing, microdermabrasion, and others. Preference for combination treatment is expected to improve with enormous adoption of minimally invasive therapies, which in turn is expected to boost the combination treatment in aesthetics market growth.
However, lack of reimbursement for cosmetic procedures by insurance companies is expected to limit the utilization of the procedure, in turn restraining growth of the market. According to the American Society of Plastic Surgeons (ASPS) in 2017, each session of the non-ablative laser treatments cost around US$ 1,031 per session, while ablative treatments cost around US$ 2,330 per session. Furthermore, no standard guidelines are available for implementing combination treatment in aesthetic, which may lead to slower adoption of this approach.
Need for enhancing facial features would be increasing with increase in aging population, as per analysis by Coherent Market Insights. According to world population prospects report published in 2017, global population is moving toward higher age group. In 2017, an around 962 million people were aged 60 or over, worldwide. This comprised 13% of the global population and is estimated to reach 1.3 billion by 2025 with a growing rate of around 3%, annually. Individual with aging faces skin problems such as decreasing skin fat, wrinkles, hyperpigmentation and other skin related problems.
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Key Vendors:
Syneron Medical Ltd., Allegern, Inc., Hologic, Inc., Cynosure, Inc., Merz GmbH and KGaA, Bausch Health Companies, Galderma S.A., Cutera Inc., Alma Lasers, Ltd., Lutronic Corporation, Lumenis Ltd., Cutera, Inc., Strata Skin Sciences, Inc., BISON MEDICAL, Solta Medical Inc., Lynton Lasers Ltd. and Sciton, Inc.
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