Hyderabad, Aug. 01, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Aesthetic Threads Market Report (2023-2028)," the market is estimated at USD 142.99 billion in 2023. It is expected to register a CAGR of 7.38% during the forecast period.
Aesthetic threads are medical sutures injected under the skin to lift and rejuvenate it. Thread lift procedures are popular for their minimal recovery time and convenience, attracting consumers worldwide. The global aesthetic threads market is driven by the rising use of minimally invasive treatments for anti-aging and facial rejuvenation. The increasing number of people aged 65 and over is expected to drive demand for aesthetic procedures in the coming years.
Report Summary:
| Report Attribute | Details |
| Market Size (2023) | USD 142.99 billion |
| Market Size (2028) | USD 204.14 billion |
| CAGR (2023-2028) | 7.38% |
| Study Period | 2018-2028 |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Forecast Units | Value (USD billion) |
| Report Scope | Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape and Recent Developments, Market Growth, Future Opportunities, and Trends |
| Key Market Drivers | Increasing use of minimally invasive treatments. |
| Rise in facelift procedures. |
Who are the Top Companies in the Global Aesthetic Threads Market?
The presence of several regional and global companies makes the market fragmented.
The significant players in the global aesthetic threads market are,
- Aesthetic Experts Lab
- Aptos LLC
- Croma Pharma
- Healux Corporation
- Menarini Group (RELIFE Srl)
- Metro Korea Co. Ltd
- N-Finders Co. Ltd
- Medical Aesthetic Group
- Huadong Medicine Co. Ltd (Sinclair Pharma)
- OXXOT
- JY MEDICINE Co. Ltd
- Intraline
Other Reports That Might Be of Your Interest:
- Non-Surgical Aesthetic Devices Market Report - The non-surgical aesthetic devices market is expected to register a CAGR of nearly 7.1% over the next five years.
- Cosmetic Implants Market Report - The cosmetic implants market size is expected to grow from USD 11.03 billion in 2023 to USD 15.82 billion by 2028, at a CAGR of 7.49% during the forecast period (2023-2028).
Key Highlights from the Global Aesthetic Threads Market Report:
Significant Growth in Facelift/Skin Rejuvenation Segment
- Thread lift procedures are gaining popularity due to the increasing demand for non-surgical procedures worldwide. It is a much easier process for the patient, which involves getting filler-like substances instead of facelift surgery.
- The COVID-19 pandemic initially impacted facelift procedures but may lead to a surge in the coming years due to postponed appointments.
- Market players are launching new products, driving the growth of the thread lift segment.
North America to Continue Dominating the Market
- Thread lifts have quickly become one of the most popular non-invasive cosmetic procedures in the United States, especially among the older population. The demand for facelifts and blepharoplasty is significantly higher in the United States, contributing to the growth of the aesthetic threads market.
- Increased product launches and company collaborations are driving the market for aesthetic threads.
- The market is expected to register robust growth in North America as it is yet to reach its full potential, with a wide variety of indications and a large potential patient pool for cosmetic threads.
What are the Latest Developments in the Global Aesthetic Threads Market?
- In December 2021, Croma Pharma launched Anchor Plus PDO threads that offer greater integrity alongside more cogs, a stronger and more durable thread.
- In September 2021, the Italian pharmaceutical company Menarini Group introduced Definisse double-needle threads in India.
Mordor Intelligence has Segmented the Global Aesthetic Threads Market Based on Product Type, Application, and Geography.
- By Product Type (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Suspension Thread
- Rejuvenating Thread
- By Application (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Facelift/Skin Rejuvenation
- Ptosis
- By Geography (Market Size and Forecast based on Value (USD billion), 2018-2028)
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
- North America
In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Global Aesthetic Threads Market Report (2023-2028).
Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:
- Europe Medical Aesthetic Devices Market Report - The European medical aesthetic devices market is expected to witness a CAGR of 11.07% over the next five years.
- Asia-Pacific Medical Aesthetic Devices Market Report - The Asia-Pacific medical aesthetic devices market is poised to register a CAGR of 6.8% over the next five years.
- Mexico Aesthetic Devices Market Report - The Mexican aesthetic devices market is anticipated to record a CAGR of 8.33% over the next five years.
About Mordor Intelligence:
Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.
Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.
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