UAE Medical Aesthetic Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Medical aesthetic procedures were traditionally considered as unnecessary medical treatments with high chances of failure. Due to this, majority of people always shied away from these procedures. Good quality of care, improved professional services, and the availability of minimally invasive surgeries by highly qualified aesthetic surgeons have contributed to the growth of procedural volume. The concerns of people regarding their appearance are gradually on the increase, both in the developed and the developing world. Some of the rapidly growing aesthetic procedures include liposuction, facial fat grafting, breast augmentation, and eyelid surgery. Breast augmentation is the most popular aesthetic procedure, followed by liposuction and eyelid surgery. Therefore, with the growing number of aesthetic/cosmetic procedures, the market is expected to witness a high growth in the forecast period.
Key Market TrendsBreast Augmentation Segment is Expected to Show Better Growth in the Forecast YearsBased on Application, the market is segmented into skin resurfacing and tightening, body contouring and cellulite reduction, hair removal, tattoo removal, breast augmentation and others. With the rising concerns of people about their aesthetic appearance and growing advancements in the devices used for aesthetic procedures, breast augmentation procedures are witnessing a healthy growth. The number of cosmetic surgeons who perform breast augmentation procedures is also increasing rapidly. According to International Society of Aesthetic Plastic Surgery (ISAPS), there were around 1,862,506 breast augmentation surgical procedures performed worldwide in 2018. Hence, the growing number of aesthetic procedures, and growing procedural safety are the major factors driving the growth of this segment in the forecast period.
Competitive LandscapeThe market studied is moderately competitive and there are several international companies that are operating in UAE. The global players in the UAE medical aesthetic devices market are Allergan PLC, Alma Lasers, Bausch Health Companies Inc. (Solta Medical), Galderma SA (Nestle), Hologic Inc, Sciton Inc, Syneron Candela.
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