Aesthetic Market in US 2017-2021

Overview of the aesthetic market in the US

Market research analysts at Technavio predict that the aesthetic market in the US will grow steadily over the next four years and post a CAGR of more than 8% by 2021. The recent years have witnessed tremendous growth in interest towards plastic surgery, especially among the male population. The general perception among the consumers that plastic surgery can promise better aesthetic appearance is further contributing to the growth of the market. It has also been observed that almost 70% of men had shown a positive interest toward plastic surgery. Also, additional requirements such as to look young and youthful are also compeling the male population toward the acceptance of plastic surgery as an ideal option. According to this market research and analysis, this increasing importance given to physical appearance among men will be one of the key growth factors for the aesthetic market in the US.

In addition to the growing preference among the male population, the rising demand for tattoo removal due to strict corporate culture will also contribute to the growth of the market. The growing negative stereotypes associated with tattoo are compeling employees to remove tattoos from visible body parts. Moreover, the introduction of stringent restrictions that demand the need for the removal of tattoos by the corporates will also contribute to the growth of the aesthetic market in the US over the next few years.

Competitive landscape and key vendors