United Kingdom medical aesthetic devices market is anticipated to grow at a robust CAGR in the forecast period, 2023-2027. Factors such as the rise in the demand for cosmetic procedures and the presence of technologically advanced and user-friendly products in the market primarily drive the demand for the United Kingdom medical aesthetic devices market. Also, the growing popularity of minimally invasive and non-invasive aesthetic procedures and growing beauty-consciousness among people are further expected to contribute to market growth in the coming years.
Surge in Demand for Minimally Invasive Procedures Supports the Market Growth
In the past decade, there has been a significant shift of consumers from traditional surgical procedures to novel and minimally invasive, and non-invasive surgical procedures among the population. They offer several advantages over conventional practices, which is the major reason for their high demand by patients. Minimally invasive and non-invasive surgical procedures are considered beneficial as they are cost-effective and produce less scar and recover quickly. Minimally invasive surgical procedures have very tiny incisions and are accurately done, while in traditional surgeries, huge incisions are made. The patient's body undergoes less trauma in comparison to the traditional surgery as it involves less or minimal muscle cutting, which allows the body to heal the incisions efficiently and quickly. The procedures are less risky than standard procedures, which makes the patients opt for minimally invasive and non-invasive aesthetic surgical procedures. In 2021, approximately 15 thousand cosmetic surgeries were carried out in the United Kingdom.Therefore, the rise in the per capita income of the consumers and surge in the awareness among patients about minimally invasive procedures are expected to propel the demand for the United Kingdom medical aesthetic devices market in the forecast period.
Support from the Government Boosts the Market Demand
All English residents are entitled to free healthcare services through the National Health Service, including the hospital, physician, and mental health care. The National Health Service is majorly funded through general taxation, and it comprises Health and Social Care in Northern Ireland, NHS Wales, National Health Services (England), and NHS Scotland. According to The Commonwealth Fund report study, the United Kingdom ranked first in efficiency and performed well in quality of care and access to care. The United Kingdom healthcare system is one of the most efficient systems across the globe. Cosmetic surgeries are generally not included in National Health Services, but under special circumstances such as psychological or health reasons, they may be considered under National Health Service. Such as a nose shaping procedure if the patient is suffering from breathing problems. Male breast reduction surgery if the patient is suffering from gynaecomastia for a long time and breast reduction surgery if the patient has uneven or no breasts and the situation is causing considerable psychological stress. Thus, the availability of different aesthetic procedures under the National Health Service is expected to fuel the growth of the United Kingdom medical aesthetic devices market in the forecast period.
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Market Segmentation
The United Kingdom medical aesthetic devices market is segmented into type of device, application, end user, regional distribution, and competitive landscape. Based on type of device, the market is divided into energy-based aesthetic device and non-energy-based aesthetic device. Based on application, the market is divided into skin resurfacing and tightening, body contouring and cellulite reduction, hair removal, facial aesthetic procedures, and others. Based on end user, the market is divided into hospitals & clinics, home care settings, others. The United Kingdom medical aesthetic devices market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside.
Market Players
Johnson & Johnson Limited, Sinclair Pharma Plc., Alma Lasers Limited (Sisram Medical), Cynosure UK Limited, Cutera Medical UK Limited, Solta Medical UK Limited, Lumenis (UK) Limited, are the major market players operating in the United Kingdom medical aesthetic devices market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type of Device · Application · End User |
| Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside |
| Key companies profiled | Johnson & Johnson Limited, Sinclair Pharma Plc., Alma Lasers Limited (Sisram Medical), Cynosure UK Limited, Cutera Medical UK Limited, Solta Medical UK Limited, Lumenis (UK) Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
