It is estimated that the market size of medical and aesthetic devices in China will exceed 50 billion yuan in 2023. Some analysts believe that as the upstream of the medical and beauty industry, medical and beauty device enterprises are guaranteed to benefit with high industry concentration, strong bargaining power and high technical barriers. They will recover rapidly after the epidemic. It is expected that the market size will continue to grow in the next few years.
In the future, with the promotion of China’s domestic capital, the medical and aesthetic device field is expected to accelerate development, and companies in related fields will receive attention.
In recent two years, photoelectric beauty instruments have been gradually popularized in the field of life beauty, and minimally invasive and non-invasive treatment has become the development trend of medical beauty. In the past few years, the amount of non-surgical treatment, such as botulinum toxin, laser or IPL skin rejuvenation, RF skin tightening, and filling, has grown rapidly in China. Laser anti-aging, skin tightening, lifting, wrinkle removal, various non-invasive and minimally invasive phototherapy and cosmetology have also been accepted by ordinary consumers. The customer’s age has become increasingly broad. The non-invasive therapy or minimally invasive therapy, such as medical beauty laser, will usher in a very considerable development prospect.