The aesthetic medicine market - United Kingdom

The global aesthetic medicine market, valued at $52.5 billion, has been exhibiting robust growth, with expectations to expand at a CAGR of 8.9% . Technological advancements, particularly in non-invasive body contouring systems, are spurring increased demand for aesthetic treatments. Despite the impact of the COVID-19 pandemic in early 2020, which led to clinic closures and reduced service interest, the sector rebounded with significant post-lockdown demand surges, with practitioners reporting a 33.67% increase in clientele.

The shift to telemedicine became more pronounced during this period, with a 70% uptick in remote consultations. Furthermore, the "Zoom Effect," stemming from heightened use of video conferencing platforms, catalyzed a rise in demand for facial and neck/jaw rejuvenation procedures. The UK market mirrored these trends, seeing its non-surgical cosmetic medicine market grow to £3.6 billion. Regulation of the industry remains limited, although the UK introduced licensing measures for non-surgical procedures to enhance patient safety. 

The onset of the COVID-19 pandemic significantly impacted the sector, with over 80% of clinics reportedly shutting down, approximately two-thirds experiencing revenue dips, and a noticeable decline in service interest by more than 60%. Despite these initial setbacks, the sector rebounded as restrictions eased, with more than one-third of practitioners observing an uptick in their client base. 

One peculiar phenomenon affecting demand in the UK's aesthetic medicine market has been dubbed the "Zoom Effect." As video conferencing became the norm for both professional and personal communication due to lockdowns, individuals found themselves confronting their visage more frequently on screens. The heightened awareness of facial appearance brought forth by these virtual platforms has driven a preference for non-invasive facial procedures that target perceived imperfections, with particular attention to the neck and jawline areas. 

 Key Players in the Aesthetic Medicine Industry

The aesthetic medicine industry features a dynamic range of companies, each specializing in distinctive segments and contributing significantly to the field's progress. Among the major players, Allergan plc and Ipsen stand out prominently in the manufacturing of injectable products, while companies like Cynosure and Alma Lasers exert their strength in the production of specialized aesthetic equipment. Here's a closer look at these influential entities reshaping the way aesthetic treatments are administered.

Allergan plc : Allergan plc is a name synonymous with the aesthetic medicine industry. Known for its global presence and extensive portfolio, the company is a titan in the field of injectable products. With a rich legacy of innovation, Allergan has been instrumental in developing and marketing a range of botulinum toxin products, notably Botox, which has become almost a household name in the realm of non-invasive cosmetic procedures. Allergan’s commitment to research and development continues to drive the industry forward, making it a trusted brand for patients and practitioners alike.

Ipsen Another significant player in the injectables segment of the aesthetic medicine market is Ipsen. This global biopharmaceutical group focuses on transformative treatments in Oncology, Neuroscience, and Rare Diseases, while also providing effective solutions in aesthetic medicine. Ipsen's commitment to improving patient care is evident in its strategic development of innovative therapeutics that meet the evolving needs of the medical community and their patients.

Merz Pharmaceuticals : Merz Pharmaceuticals is a company held in high regard for its contributions to the development of injectable products. With a keen focus on patient-centric solutions, Merz has developed a range of products that cater to the growing demand for minimally invasive aesthetic treatments, building a strong reputation for quality and safety in the industry. #### Cynosure Venturing into the equipment segment, Cynosure stands out as a key manufacturer of high-end aesthetic devices. The company's prowess lies in its broad array of energy-based equipment designed for a multitude of treatments, including hair removal, fat reduction, and skin resurfacing. Cynosure's commitment to technological advancement ensures that practitioners are equipped with cutting-edge tools to deliver state-of-the-art aesthetic services.

Alma Lasers : Alma Lasers is another esteemed entity in the production of aesthetic medical equipment. Renowned for its innovative laser, light-based, radiofrequency, and ultrasound solutions, Alma Lasers delivers a suite of products that address a wide range of cosmetic concerns. The company's dedication to clinical excellence

Inforamtion

• Number of pages : ~ 40 pages
• Format : Digital and PDF versions
• Last update : 08/04/2022

Summary and extracts

List of charts presented in this market study

• The global aesthetic medicine market by value
• Popular Cosmetic Medicine Treatments in the UK
• Popular types of treatment in the UK
• Treatments with complications
• Who did you turn to for advice in the event of a complication?
• Presence of aesthetic medicine professionals in beauty salons
• UK market for aesthetic medicine