India Medical Aesthetic Devices Market Outlook to 2028

India Medical Aesthetic Devices Market Overview

India Medical Aesthetic Devices Market reached a valuation of USD 1 billion, driven by increasing consumer demand for cosmetic procedures such as laser treatments and non-invasive body contouring. A growing middle-class population with rising disposable income has amplified the interest in aesthetic procedures.

Prominent players in the India medical aesthetic devices market include Allergan Aesthetics, Cynosure, Cutera, Lumenis, and Alma Lasers. These companies offer a broad range of devices for hair removal, skin rejuvenation, and body contouring. Their established brand presence and wide distribution networks have strengthened their dominance, as they continually innovate in response to evolving patient preferences and technological advances in minimally invasive aesthetic procedures.

In 2022, Allergan Aesthetics launched Juvderm VOLUX in India, a new hyaluronic acid dermal filler designed specifically for enhancing the chin and jawline. This product contains 25 mg of hyaluronic acid and 3 mg of lidocaine hydrochloride, making it suitable for restoring and creating facial volume. The launch was officially announced after receiving the necessary approvals from the Central Drugs Standards Control Organization (CDSCO) in India.

Metropolitan cities like Mumbai and Delhi lead the medical aesthetic devices market in India due to their advanced healthcare infrastructure and affluent populations with higher disposable income. The concentration of private hospitals and clinics equipped with advanced aesthetic devices further contributes to the market dominance of these regions.

India Medical Aesthetics Market Segmentation

By Product Type: India Medical Aesthetic Devices Market is segmented by product type into laser devices, energy-based devices, and aesthetic implants. In 2023, laser devices dominated this segment, driven by the increasing preference for non-invasive procedures like laser hair removal and skin resurfacing. The versatility of these devices, combined with their ability to target multiple skin conditions effectively, has cemented their place as the leading product type in the market.

By Application: The market is segmented by application into facial aesthetics, body contouring, and hair removal. Facial aesthetics was the dominant application in 2023, accounting for a significant portion of the market due to the growing demand for anti-aging treatments and non-surgical facial procedures. Procedures like botox, dermal fillers, and laser skin rejuvenation are increasingly popular, driven by the rising awareness of aesthetic wellness among urban consumers.

By Region: The market is divided regionally into North India, South India, West India, and East India. North India led the market in 2023, thanks to its well-established healthcare infrastructure and high-income population. With major cities in this region hosting a large number of clinics and hospitals offering medical aesthetic procedures, the regions dominance is further supported by a rising demand for anti-aging treatments and body contouring services.

India Medical Aesthetics Market Competitive Landscape

Company Name

Establishment Year

Headquarters

Allergan Aesthetics

1950

Dublin, Ireland

Cynosure

1991

Westford, USA

Cutera

1998

Brisbane, USA

Lumenis

1966

Yokneam, Israel

Alma Lasers

1999

Caesarea, Israel

Cutera: In 2024, Cutera has announced an exclusive three-year distribution agreement with L'Oral for Skin Ceuticals products in Japan, with options for renewal. This partnership aims to enhance the growth of Skin Ceuticals in the region. Both companies expressed excitement about the collaboration, emphasizing their commitment to beauty and sustainability. The agreement marks a significant step for Cutera in expanding its product reach within the Japanese market.

Cynosure: In 2022, Cynosure launched its latest upgrade to the Pico Sure platform, the Pico Sure Pro device, in India. Pico Sure Pro is one of the first 755nm picosecond lasers cleared by the US FDA for treating conditions like Nevus of Ota, Nevus of Hori, and Melasma. The Pico Sure Pro technology delivers more effective solutions than traditional lasers, with enhancements like adjustable fluence, 50% more power, turbo mode for hard-to-treat areas, and the Platinum Focus lens that provides 40% more shots.

India Medical Aesthetics Industry Analysis

Growth Drivers:

Rising Demand for Non-Surgical Cosmetic Procedures: Non-surgical procedures like botox, fillers, and laser treatments saw an increase in demand across urban centers. Enhance Clinics has 22 centers across India, specializing in dermatology, aesthetic surgery, and hair transplant procedures. It is one of the most preferred clinics for celebrities and clients across 65 countries. The minimally invasive nature of these treatments, coupled with faster recovery times, has led to a surge in clinics adopting advanced aesthetic devices.

Increased Medical Tourism in Cosmetic Procedures: India witnessed a boost in medical tourism, with international patients visiting for cosmetic and aesthetic procedures. India received 4.75 million medical tourists in 2022, up from 3.04 million in 2021 and 1.83 million in 2020. The cost-effectiveness and availability of world-class aesthetic treatments have positioned India as a global hub. Cities like Mumbai and Delhi have seen medical tourism grow, contributing to the demand for high-end medical aesthetic devices in private clinics.

Expanding Middle-Class Population with Growing Health Consciousness: Indias middle-class population is growing, creating a large consumer base for aesthetic devices. The middle class is the fastest-growing major segment of the Indian population, rising at 6.3% per year between 1995 and 2021. Health consciousness, combined with a shift in lifestyle choices towards beauty and wellness, is driving demand for non-invasive aesthetic procedures.

Challenges
:

High Cost of Advanced Medical Aesthetic Devices: While demand for medical aesthetic procedures is rising, the high cost of advanced devices remains a significant barrier for smaller clinics. Smaller clinics, especially in tier-2 cities, face difficulties in procuring these devices due to the substantial capital investment required, restricting the availability of advanced treatments in less urbanized regions. Additionally, the limited access to financing options further hampers the ability of these clinics to invest in cutting-edge technology.

Lack of Standardized Regulations for Aesthetic Devices: India continues to face challenges related to the lack of standardized regulations for the use of medical aesthetic devices. While devices like laser systems require skilled professionals for operation, the absence of clear guidelines on training and certification leads to inconsistent service quality. The Indian Association of Dermatologists (IADVL) raised concerns about unregulated practices, especially in smaller cities, where safety standards remain poorly monitored.

Government Initiatives:

National Medical Device Policy: In 2023, the policy aims to accelerate the growth of India's medical devices sector with a patient-centric approach and to emerge as a global leader in manufacturing and innovation of medical devices. Support is being provided for setting up 4 Medical Devices Parks in Himachal Pradesh, Madhya Pradesh, Tamil Nadu and Uttar Pradesh. It envisions achieving a 10-12% share in the expanding global medical devices market over the next 25 years.

Production Linked Incentive (PLI) Scheme: The Production Linked Incentive (PLI) Scheme, introduced by the Indian government in 2020, aims to bolster domestic manufacturing and attract significant investments across various sectors. The medical devices sector is a significant focus of the PLI scheme, aiming to enhance India's capabilities in producing critical healthcare products. The PLI scheme seeks to mitigate these risks by incentivizing local production of active pharmaceutical ingredients (APIs) and key starting materials (KSMs) essential for manufacturing medical devices.

India Medical Aesthetics Future Market Outlook

India Medical Aesthetic Devices Market is expected to witness robust growth over the next five years, driven by increased awareness of non-invasive cosmetic procedures and advancements in technology.

Future Trends

Increased Adoption of Energy-Based Devices: Energy-based devices, including radiofrequency and ultrasound-based treatments, are expected to gain traction. These devices offer non-invasive alternatives for skin tightening and body contouring, aligning with consumer preferences for procedures with minimal downtime. Clinics are likely to invest in multi-functional devices that cater to a wide range of aesthetic treatments, boosting market demand.

Rising Demand for Aesthetic Procedures Among Men: The male demographic is anticipated to emerge as a significant consumer base in the medical aesthetic devices market over the next five years. Increasing awareness among men about procedures like hair removal and body contouring, coupled with changing social norms, is expected to drive the adoption of aesthetic treatments. Clinics will likely expand their service offerings to cater to this growing segment, further diversifying the market.
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