Market Overview:
The global Aesthetic Thread Market is estimated to be valued at US$ 121.4 Mn in 2022 and is expected to exhibit a CAGR of 6.6% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Aesthetic threads are widely used in the field of aesthetic medicine to provide support and lift to sagging skin, thereby improving the overall appearance of the face and body. These threads offer various advantages such as minimally invasive nature, faster recovery time, and long-lasting results. With the rising demand for non-surgical facial rejuvenation procedures, the need for aesthetic threads is anticipated to increase significantly in the coming years.
Market Key Trends:
One of the key trends observed in the aesthetic thread market is the growing adoption of absorbable threads. These threads are made from biodegradable materials that are gradually absorbed by the body over time. This eliminates the need for thread removal procedures, reducing patient discomfort and recovery time. Absorbable threads also offer better safety profiles and reduce the risk of complications associated with non-absorbable threads. Moreover, the advancements in thread technology have led to the development of threads with enhanced tensile strength and durability, further driving their adoption in aesthetic procedures. With the increasing preference for minimally invasive and non-surgical aesthetic treatments, the demand for absorbable threads is expected to witness significant growth in the coming years.
Segment Analysis:
The aesthetic thread market can be segmented based on product type, end-user, and region. Based on product type, the dominating segment in the market is the barbed suture threads. Barbed suture threads are preferred by consumers as they provide a non-invasive and natural-looking facelift. These threads are easily inserted into the skin and do not require any incisions. Additionally, barbed suture threads have a longer durability compared to other types of aesthetic threads. Due to these advantages, the demand for barbed suture threads is increasing, making it the dominating sub-segment in the aesthetic thread market.
Key Takeaways:
The Global Aesthetic Thread Market Demand is expected to witness high growth, exhibiting a CAGR of 6.6% over the forecast period. This growth can be attributed to the increasing demand for non-invasive cosmetic procedures and the rising awareness among consumers regarding aesthetic enhancements. Furthermore, the market is driven by technological advancements in thread materials, leading to more efficient and durable aesthetic threads.
In terms of regional analysis, North America is the fastest-growing and dominating region in the aesthetic thread market. The region has a high adoption rate of aesthetic procedures, a well-established healthcare infrastructure, and a favorable reimbursement scenario. Additionally, the presence of key market players in North America further contributes to the growth of the market in the region.
Key players operating in the aesthetic thread market include Menarini Group, N-Finders Co. Ltd., 1st SurgiConcept, River Aesthetics, Aesthetic Experts Lab, Metro Korea Co. Ltd., Healux Corporation, Croma Pharma GmbH, Aptos International Ltd., and Sinclair Pharma (Huadong Medicine CO., LTD.), among others. These companies focus on strategic collaborations, product launches, and acquisitions to strengthen their market position and expand their product portfolio.
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