Japan Aesthetic Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.36 Billion |
| Market Size (2029) | USD 4.20 Billion |
| CAGR (2024 - 2029) | 12.27 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Aesthetic Devices Market Analysis
The Japan Aesthetic Devices Market size is estimated at USD 2.36 billion in 2024, and is expected to reach USD 4.20 billion by 2029, growing at a CAGR of 12.27% during the forecast period (2024-2029).
Japan's aesthetic devices market is primarily driven by the aging population and growing demand for minimally invasive aesthetic devices. According to the International Society of Aesthetic Plastic Surgery (ISAPS) plastic surgery procedures for aesthetic purposes decreased in 2020, with surgeons experiencing temporary practice closures during the COVID-19 pandemic. However, Japan was one of the top 10 countries for procedures in 2020.
Japan has one of the highest percentages of the elderly population. The report published in December 2020 titled "Japan's aging society" stated that around 28.7% of the population in the country was 65 or older, with women forming the majority. The country is also home to a record 80 000 centenarians. By 2036, people aged 65 and over will represent a third of the population. This is the major factor in the growth of the aesthetic devices market in Japan. Other factors like increasing awareness regarding aesthetic procedures and rising adoption of technologically advanced devices have also helped propel the growth of this market.
Mergers and acquisitions are some of the key factors for the growth of the market in the country. For instance, on May 8, 2020, AbbVie completed the acquisition of Allergan. AbbVie is planning to launch Allergan Aesthetics, a global subsidiary under the umbrella of the AbbVie-Allergan merger. Such mergers bring innovations and key players in the market.
However, reimbursement issues and stringent safety regulations for aesthetic devices and procedures have dissuaded some companies from entering this market. This has, hence, acted as a restraining factor for the growth of this market.
Japan Aesthetic Devices Market Trends
This section covers the major market trends shaping the Japan Aesthetic Devices Market according to our research experts:
Skin Resurfacing and Tightening Application is Projected to have a Significant Share
Skin resurfacing and tightening procedures are expected to grow significantly over the forecast period due to the increasing demand for cosmetic procedures, increasing aging population, and technological advancements in the development of novel devices.
It is performed to remove the blotches, scars, wrinkles, or lines on the skin that develop as a result of aging, acne, or excessive exposure to the sun, thus providing smoother and younger-looking skin.
The skin tightening treatment also promotes the growth of new collagen in the treated areas and helps in the absorption of more collagen from surrounding, untreated areas.
The study published in November 2021, titled "Experiences and attitudes toward aesthetic procedures in East Asia: a cross-sectional survey of five geographical regions", was conducted to understand the experiences of and attitudes toward aesthetic procedures in five East Asian countries/regions, including China, Japan, South Korea, Hong Kong, and Taiwan. The popularity of aesthetic procedures continues to evolve. Thus, in view of the aforementioned factors, the skin resurfacing and tightening segment is expected to witness significant growth over the forecast period.
Japan Aesthetic Devices Industry Overview
Many global players hold a substantial share in the Japanese aesthetic devices market. Japan's healthcare system is well established, and hence, companies find it easier to follow the documented guidelines. This encourages many companies to enter this market. The key market players operating in the market are AbbiVe (Allergan Inc.), Cutera Inc., Lumenis Inc., Venus Concept, and Bausch Health Companies Inc.
Japan Aesthetic Devices Market Leaders
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Bausch Health Companies Inc. (Solta Medical, Inc.)
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Cutera Inc.
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Lumenis Inc
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Venus Concept
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Abbvie (Allergan)
*Disclaimer: Major Players sorted in no particular order
Japan Aesthetic Devices Market News
In June 2021, Merz Pharma GmbH & Co, KGaA received approval from Japan's Ministry of Health, Labor and Welfare (MHLW) to market Xeomin, an incobotulinumtoxinA injection.
In January 2021, Merz Aesthetics and Candela Corporation launched a commercial collaboration creating a broad medical aesthetics portfolio.
Japan Aesthetic Devices Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Awareness Regarding Aesthetic Procedures and Rising Adoption of Minimally Invasive Devices
4.2.2 Rapidly Increasing Aging Population
4.2.3 Technological Advancements
4.3 Market Restraints
4.3.1 Stringent Safety Regulations and Reimbursement Issues for Aesthetic Procedures
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)
5.1 By Type
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-based 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 Breast Implants
5.1.2.4.2 Other Implants
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
5.3 By End User
5.3.1 Hospital
5.3.2 Aesthetic Centers
5.3.3 Home Settings
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 AbbVie (Allergan PLC)
6.1.2 Bausch Health Companies Inc. (Solta Medical Inc.)
6.1.3 Cutera Inc.
6.1.4 Cynosure Inc.
6.1.5 Lumenis Inc.
6.1.6 El En SpA
6.1.7 Sciton Inc
6.1.8 Venus Concept
6.1.9 Merz Pharma GmbH & Co. KGaA
6.1.10 Galderma SA
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Japan Aesthetic Devices Industry Segmentation
The scope of the aesthetic devices market refers to all medical devices used for various cosmetic procedures, including plastic surgery, unwanted hair removal, excess fat removal, anti-aging, and skin tightening, which are used for beautification correction and improvement of the body. Aesthetic procedures include both surgical and non-surgical procedures. The Japanese aesthetic devices market is segmented by type, application, and end user.
| By Type | |||||||||
| |||||||||
|
| By Application | |
| Skin Resurfacing and Tightening | |
| Body Contouring and Cellulite Reduction | |
| Hair Removal | |
| Facial Aesthetic Procedures | |
| Breast Augmentation | |
| Other Applications |
| By End User | |
| Hospital | |
| Aesthetic Centers | |
| Home Settings |
Japan Aesthetic Devices Market Research FAQs
How big is the Japan Aesthetic Devices Market?
The Japan Aesthetic Devices Market size is expected to reach USD 2.36 billion in 2024 and grow at a CAGR of 12.27% to reach USD 4.20 billion by 2029.
What is the current Japan Aesthetic Devices Market size?
In 2024, the Japan Aesthetic Devices Market size is expected to reach USD 2.36 billion.
Who are the key players in Japan Aesthetic Devices Market?
Bausch Health Companies Inc. (Solta Medical, Inc.), Cutera Inc., Lumenis Inc, Venus Concept and Abbvie (Allergan) are the major companies operating in the Japan Aesthetic Devices Market.
What years does this Japan Aesthetic Devices Market cover, and what was the market size in 2023?
In 2023, the Japan Aesthetic Devices Market size was estimated at USD 2.10 billion. The report covers the Japan Aesthetic Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Aesthetic Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Aesthetic Industry Report
The report covers the Aesthetic Market in Japan and provides a comprehensive market analysis. The market is segmented by type, including energy-based aesthetic devices, non-energy-based aesthetic devices, and other devices. The market is further segmented by application and end user, with the market value provided for each segment.
The industry report includes a market forecast outlook, industry overview, and historical overview. It highlights market trends and market growth, providing valuable insights into the industry's future. The report also includes a detailed market review, market segmentation, and market data, offering a thorough understanding of the market size and market share.
The industry analysis covers various aspects, including market predictions, market outlook, and market leaders. The report also includes industry research and industry statistics, providing a detailed market overview. The market forecast includes industry information and industry outlook, ensuring a comprehensive understanding of the market dynamics.
The report example and report PDF are available for download, offering a detailed look at the industry sales and industry size. The market report includes market predictions and market segmentation, ensuring a thorough understanding of the market value.
The research companies involved in the study provide valuable insights into the market trends and market growth, ensuring a comprehensive understanding of the market. The industry trends and industry research provide a detailed look at the market, ensuring a thorough understanding of the market dynamics. The market leaders and market outlook provide valuable insights into the market's future, ensuring a comprehensive understanding of the market.
Japan Aesthetic Market Report Snapshots
