If you were wondering about the future security of working in the aesthetics market, reports are forecasting strong growth for the foreseeable future.
A report has predicted a combined annual growth rate (CAGR) of 11.5% over the next 5 years, reaching a predicted $22.2 billion by 2025.
“Medical Aesthetics Market by Product (Facial Aesthetics, Cosmetic Implants, Skin Aesthetic Devices, Thread Lift Products, Body Contouring Devices, Hair Removal Devices), End User (Hospitals, Medical Spas, Home Settings) – Global Forecast to 2025” was issued by by Meticulous Market Research Pvt. Ltd in 2019.
The assessment included extensive secondary and primary research as well as in-depth analysis of the market scenario. It analysed the impact of the key industry drivers and opportunities in the market:
- Increasing adoption of minimally invasive and noninvasive aesthetic procedures
- Increasing public awareness about cosmetic procedures
- Increasing adoption of surgical and non-surgical cosmetic treatments among the geriatric population to improve their appearance
It also looked at the potential constraints to growth and challenges for the market, including the fear of risk and complications associated with medical aesthetic procedures which may limit the potential growth of this market to a certain extent.
The report looked at a broad range of segments in aesthetics. As well as facial treatment, it included review of implants, skin improvement devices, cosmeceuticals, thread lifts, body contouring, hair removal and laser tattoo removal.
However, the press release issued by the market research company stated:
“On the basis of product type, the facial aesthetics segment is expected to dominate the global medical aesthetics market in 2019, owing to the increasing demand for medical aesthetics procedures from geriatric population across the globe towards improving or maintaining their appearance, coupled with greater availability and adoption of technologically advanced products in the facial aesthetics market segment.”
Source: https://www.researchandmarkets.com/reports/4828603/medical-aesthetics-market-by-product-facial
Implications for Aesthetic Practitioners
The report is encouraging for anybody looking to pursue a career in aesthetics, as the indication is that the volumes will continue to grow. The UK may have an ageing population, but that does not mean that people are content to look their age. More than ever, consumers understand the choices available to them in terms of treatments.
As media campaigns promote greater understanding of the risks of treatment, so clients are more likely to want to be treated by safe and trained practitioners.
So it looks like 2020 could be a very good time to be going into aesthetics!
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SkinViva Training Academy is one of the UK’s premier training schools for cosmetic injections. The company only offer training for medical professionals who meet their entry criteria which includes degree-level medical qualifications, working in a clinical role with proficiency in injections/cannula and membership of a regulatory body .The company offers a range of professional training courses for cosmetic and medical skin treatments. See list of forthcoming training course dates.
SkinViva Training Academy was established in 2013 by Dr Tim Pearce MBChB BSc (Hons) MRCGP. The SkinViva Training Academy team upholds high standards of clinical training providing a combination of fully-supervised practical experience together with essential theory.
For further information, to discuss which course is right for you, to enquire about availability or to book a training course please call 0161 850 2491, or email info@skinvivatraining.com.