China Aesthetic Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.58 Billion |
| Market Size (2029) | USD 2.72 Billion |
| CAGR (2024 - 2029) | 11.40 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Aesthetic Devices Market Analysis
The China Aesthetic Devices Market size is estimated at USD 1.58 billion in 2024, and is expected to reach USD 2.72 billion by 2029, growing at a CAGR of 11.40% during the forecast period (2024-2029).
As the severity of the COVID-19 pandemic increased, the safety of ablative resurfacing lasers, micro-needling, and dermatological surgery procedures became questionable. Additionally, a slowing economy and reduced discretionary spending discouraged customers from undergoing expensive cosmetic treatments, which imposed practical restrictions on the market. Mobile messaging and video consultations play a key role in maintaining continuity in aesthetic and dermatological practices. Teledermatology has certainly been a great strength for dermatologists and cosmetic practitioners alike.
Certain factors driving the market growth include the growing obese population, increasing awareness regarding aesthetic procedures, rising adoption of minimally invasive devices, and technological advancements in devices.
According to the article, 'Forecasting the Populations of Overweight and Obese Chinese Adults,' published by the National Institute of Health 2020, the prevalence rate of the obese population in China is estimated to increase for both sexes across geographic areas by 2030. According to the same source, by 2030, approximately 50.7% of urban males will be affected by obesity, and the overweight population (aged between 20-89 years) in China is estimated to reach 540 million.
Additionally, the Chinese population has high levels of interest in undergoing aesthetic procedures in a bid to look beautiful. This was evident in a survey conducted in 2019 by Shanghai Jiao Tong University, Shanghai, China. Conducted on 596 Chinese aesthetic practitioners, this survey found that Chinese aesthetic practitioners preferred a straight and small nose, a heart/inverted triangular facial shape with a reduced lower face height, as well as lips that are full medially and taper off laterally with well-defined borders and Cupid's bow.
New technologies are being developed and introduced into the market, including laser, dynamic pulse control, radiofrequency, and infrared technologies for cosmetic procedures. For instance, in October 2020, TensCare, the UK-based startup, entered the Chinese market through a partnership with Alibaba Group's TMall Global. TensCare is a beauty brand that offers aesthetic devices such as nail cleaning laser devices. Thus, all these developments in the market, along with the high demand for aesthetic procedures in China, are the factors anticipated to propel market growth over the forecast period.
China Aesthetic Devices Market Trends
This section covers the major market trends shaping the China Aesthetic Devices Market according to our research experts:
Dermal Fillers and Aesthetic Threads Expected to Account for Major Market Share Over the Forecast Period
Dermal fillers, also known as soft tissue fillers or wrinkle fillers, are medical device implants that help create a smoother appearance in the face, including nasolabial folds, cheeks, and lips, and help increase the volume. These injectable fillers contain materials like hyaluronic acid or collagen, which give the skin's appearance a boost. Aesthetic threads are medical sutures that are injected using a needle underneath the skin to lift and rejuvenate the skin. Along with other cosmetic procedures, fillers and threads have become popular nowadays due to their various advantages.
Due to the increase in China's geriatric population and people's desire to look younger, the market studied is experiencing rapid growth. Moreover, new products are also being launched in the market to cater to the increasing demand. For instance, in 2020, Aesthetic Medical International Holdings Group Limited, based in China, also launched the Four Beauties, a new set of hyaluronic acid-based skincare products.
Many clinical trials are also being conducted in China regarding dermal fillers. This is expected to boost market growth as approval of these products would lead to their market launch. For instance, in July 2020, LG Chem launched a confirmatory clinical trial of YVOIRE Y-Solution, its premium-grade injectable hyaluronic acid filler, in China. Additionally, in August 2020, Allergan announced that the company's Juvéderm VOLUX, an injectable dermal filler, started to scale-up usage and clinical data collection in the Hainan Boao Medical Pilot Zone. Thus, the above factors are expected to influence the market's growth.
China Aesthetic Devices Industry Overview
The Chinese aesthetic devices market has rapidly evolved over the past decade. The industry has observed drastic changes in terms of market strategies, such as product developments, mergers, and acquisitions, in recent years. Thus, the Chinese aesthetic devices market has become a very competitive industry.
China Aesthetic Devices Market Leaders
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Lumenis Inc.
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CANDELA CORPORATION
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Bausch Health Companies Inc
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Nestlé Skin Health (Galderma laboratories)
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Medytox, Inc
*Disclaimer: Major Players sorted in no particular order
China Aesthetic Devices Market News
In August 2021, Vitalorga entered the Chinese medical aesthetic device market through a strategic partnership with Changzhou Institute of Medical Materials (CIMM). The collaboration brought together the European technology and safety standards of Vitalorga with CIMM's 37-year experience in local Chinese production.
In August 2021, the CIRS group announced the launch of China CosIng, a Chinese Cosmetic Ingredient Regulatory Database that allows domestic and overseas cosmetic companies and ingredient suppliers to quickly search whether a cosmetic ingredient or substance is listed in the latest version of the Inventory of Existing Cosmetic Ingredients in China (IECIC 2021 edition) and whether it is listed among the restricted or prohibited cosmetic products in the Chinese market.
China Aesthetic Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Obese Population
- 4.2.2 Increasing Awareness Regarding Aesthetic Procedures and Rising Adoption of Minimally Invasive Devices
- 4.2.3 Technological Advancements in Devices
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4.3 Market Restraints
- 4.3.1 Side Effects Associated With Cosmetic Procedures
- 4.3.2 Poor Reimbursement Scenario
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Product
- 5.1.1 Energy-based Aesthetic Device
- 5.1.1.1 Laser-based Aesthetic Device
- 5.1.1.2 Radiofrequency (RF) Based Aesthetic Device
- 5.1.1.3 Light-based Aesthetic Device
- 5.1.1.4 Ultrasound Aesthetic Device
- 5.1.2 Non-energy Based Aesthetic Device
- 5.1.2.1 Botulinum Toxin
- 5.1.2.2 Dermal Fillers and Aesthetic Threads
- 5.1.2.3 Microdermabrasion
- 5.1.2.4 Implants
- 5.1.2.4.1 Facial Implants
- 5.1.2.4.2 Breast Implants
- 5.1.2.4.3 Other Implants
- 5.1.2.5 Other Products
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5.2 By Application
- 5.2.1 Skin Resurfacing and Tightening
- 5.2.2 Body Contouring and Cellulite Reduction
- 5.2.3 Hair Removal
- 5.2.4 Facial Aesthetic Procedures
- 5.2.5 Breast Augmentation
- 5.2.6 Other Applications
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5.3 By End User
- 5.3.1 Hospitals
- 5.3.2 Clinics and Beauty Centers
- 5.3.3 Home Settings
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Sisram Medical Ltd (Alma Lasers)
- 6.1.2 Lumenis Inc.
- 6.1.3 Candela Corporation
- 6.1.4 Bausch Health Companies Inc.
- 6.1.5 Merz Pharma GmbH & Co. KGaA
- 6.1.6 Nestle Skin Health (Galderma Laboratories)
- 6.1.7 Medytox Inc.
- 6.1.8 Sinclair Pharma PLC
- 6.1.9 Abbvie Inc. (Allergan Inc)
- 6.1.10 Cutera Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
China Aesthetic Devices Industry Segmentation
The scope of the Chinese aesthetic devices market includes all kinds of medical devices that are used for various cosmetic procedures. These procedures include plastic surgery, hair removal, excess fat removal, anti-aging, aesthetic implants, skin tightening, etc., that are aimed at beautification, alteration, and enhancement of the body. The Chinese aesthetic devices market is segmented by product (energy-based aesthetic device (laser-based aesthetic device, radiofrequency (RF) based aesthetic device, light-based aesthetic device, ultrasound aesthetic device), non-energy based aesthetic devices (botulinum toxin, dermal fillers and aesthetic threads, microdermabrasion, and implants), and other products), application (skin resurfacing and tightening, body contouring and cellulite reduction, hair removal, facial aesthetic procedures, breast augmentation, and other applications), and end user (hospitals, clinics and beauty centers, and home settings). The report offers the value (in USD million) for the above segments.
| By Product | Energy-based Aesthetic Device | Laser-based Aesthetic Device | |
| Radiofrequency (RF) Based Aesthetic Device | |||
| Light-based Aesthetic Device | |||
| Ultrasound Aesthetic Device | |||
| By Product | Non-energy Based Aesthetic Device | Botulinum Toxin | |
| Dermal Fillers and Aesthetic Threads | |||
| Microdermabrasion | |||
| Implants | Facial Implants | ||
| Breast Implants | |||
| Other Implants | |||
| Other Products | |||
| By Application | Skin Resurfacing and Tightening | ||
| Body Contouring and Cellulite Reduction | |||
| Hair Removal | |||
| Facial Aesthetic Procedures | |||
| Breast Augmentation | |||
| Other Applications | |||
| By End User | Hospitals | ||
| Clinics and Beauty Centers | |||
| Home Settings |
China Aesthetic Devices Market Research FAQs
How big is the China Aesthetic Devices Market?
The China Aesthetic Devices Market size is expected to reach USD 1.58 billion in 2024 and grow at a CAGR of 11.40% to reach USD 2.72 billion by 2029.
What is the current China Aesthetic Devices Market size?
In 2024, the China Aesthetic Devices Market size is expected to reach USD 1.58 billion.
Who are the key players in China Aesthetic Devices Market?
Lumenis Inc., CANDELA CORPORATION, Bausch Health Companies Inc, Nestlé Skin Health (Galderma laboratories) and Medytox, Inc are the major companies operating in the China Aesthetic Devices Market.
What years does this China Aesthetic Devices Market cover, and what was the market size in 2023?
In 2023, the China Aesthetic Devices Market size was estimated at USD 1.42 billion. The report covers the China Aesthetic Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Aesthetic Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Aesthetic Devices Industry Report
Statistics for the 2024 China Aesthetic Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Aesthetic Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
