The global Aesthetic Thread Market is estimated to be valued at US$ 121.4 Mn in 2022 and is expected to exhibit a CAGR of 6.6% over the forecast period, according to a new report published by Coherent Market Insights.
Market Overview:
Aesthetic threads are a type of non-surgical treatment used to lift and tighten sagging skin. They are made of biocompatible materials, such as polydioxanone (PDO), and are inserted into the skin using a minimally invasive procedure. The threads stimulate collagen production, resulting in improved skin elasticity and a youthful appearance. The growing demand for minimally invasive procedures and the increasing focus on aesthetic enhancements are driving the growth of the aesthetic thread market. The advantages of aesthetic threads include minimal downtime, less discomfort, and natural-looking results, which are fueling their adoption among consumers. These factors, coupled with technological advancements in aesthetic thread products, are expected to boost market growth.
Market key trends:
One key trend in the aesthetic thread market is the rising popularity of thread lifting among millennials. With the increasing focus on self-image and aesthetics, millennials are turning to non-surgical procedures to enhance their appearance. Thread lifting offers a non-invasive alternative to traditional facelift surgery, with minimal downtime and natural-looking results. This trend is driving the demand for aesthetic threads among younger demographics.
Furthermore, the market is witnessing a shift towards biodegradable threads. The use of biodegradable materials, such as PDO, in aesthetic threads is gaining traction due to their biocompatibility and ability to stimulate collagen production. Biodegradable threads eliminate the need for removal procedures, as they are naturally absorbed by the body over time. This trend is expected to drive market growth, as it addresses the concerns of patients regarding long-term foreign body reactions.
Overall, the aesthetic thread market is poised for high growth
PEST Analysis:
· Political: The political factors influencing the aesthetic thread market include government regulations and policies surrounding the use and distribution of these products. For example, regulations regarding quality control and safety standards may impact the market.
· Economic: The economic factors affecting the aesthetic thread market include the overall economic growth and stability of the countries where these products are in demand. Factors such as disposable income and consumer spending patterns also play a role in shaping the market.
· Social: Social factors that impact the aesthetic thread market include changing beauty standards, increasing social acceptance of aesthetic procedures, and growing demand for non-invasive cosmetic treatments. The influence of social media and celebrity culture also drives consumer demand for these products.
· Technological: Technological advancements in the field of aesthetic thread procedures and materials significantly affect the market. Innovations that improve the safety, efficacy, and longevity of these products can drive market growth.
Key Takeaways:
· Market size: The Global Aesthetic Thread Market Growth is expected to experience high, with a compounded annual growth rate (CAGR) of 6.6% between 2023 and 2030. Factors contributing to this growth include a rising demand for minimally invasive cosmetic procedures, increasing aesthetic consciousness among individuals, and advancements in aesthetic thread technology.
· Regional analysis: The Asia Pacific region is projected to be the fastest-growing and dominating region in the aesthetic thread market. The region's large population, growing disposable income, and increasing awareness about aesthetic procedures contribute to its potential for market expansion. Additionally, the region's emerging economies, such as China and India, present significant growth opportunities.
Key players: The key players operating in the aesthetic thread market include Menarini Group, N-Finders Co. Ltd., 1st SurgiConcept, River Aesthetics, Aesthetic Experts Lab, Metro Korea Co. Ltd., Healux Corporation, Croma Pharma GmbH, Aptos International Ltd., and Sinclair Pharma (Huadong Medicine CO., LTD.). These key players hold significant market shares and actively contribute to the growth and development of the market through product innovation, strategic partnerships, and market expansion activities.
Read More - https://www.insightprobing.com/aesthetic-thread-market-size-growth-analysis-share-trends-and-forecasts/
The aesthetic medicine changes the physical appearance of the patient, bringing it to match with the concept of beauty, combination of shapes and proportions.
