Aesthetic Threads Market

Aesthetic Threads Market Size (2023 to 2028)

As per our analysis report, the global aesthetic threads market is expected to reach USD 193.03 million by 2028 from USD 140.69 million in 2023, growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period.

Aesthetic threads are a part of the new age non-surgical procedures to tighten or lift the skin of the patients.

MARKET DRIVERS:

The rising preference among worldwide consumers to spend on facial and body improvements is a primary factor driving the global aesthetic threads market. Also, the surge in the geriatric population and early aging symptoms in young adults is pushing the demand for several non-invasive treatments like skin rejuvenation, face lifting, and anti-aging treatments. In addition, the increase in purchasing power of the consumers and awareness about the beauty standards are also supporting the aesthetic threads market. In recent years, advances in technology have modernized the healthcare sector resulting in several customized non-surgical procedures. This spike in non-invasive procedures has encouraged more customers to use these processes, benefitting the aesthetic threads market. The trend of social media promotions and celebrity advertisements made users spend more on beauty products and facial improvements, which directly boosted the aesthetic threads market.

The option to access worldwide information and the growth of the entertainment industry with the OTT adoptions created a new wave of cultural shift among individuals, positively influencing the business. Besides, the satisfactory results and visible improvements are pushing more people towards threading procedures. Moreover, the stringent government norms concerning the safety of aesthetic treatments and a spike in the number of people visiting medically affordable countries are estimated to create lucrative growth opportunities for the aesthetic threads market in the forecast period.

MARKET RESTRAINTS:

The major constraint to the aesthetic threads market is the high costs associated with some of the treatments and concerns related to some of the side effects caused by these treatments. Also, these procedures are considered unethical in some of the societies of the world, which is negatively affecting business in a few developing or underdeveloped nations. In addition, the availability of other options that are comparatively less expensive is impacting the adoption of aesthetic threads. Another significant factor limiting the aesthetic threads market is the lack of insurance to support the treatments and the unavailability of authentic and certified experts in the field. Besides, some less experienced practitioners are offering low-quality services that result in severe side effects and negative impressions among patients towards the aesthetic threads. Moreover, the strict government requirements related to the safety of the procedures and long approval mechanisms are limiting some of the new companies from entering the market. However, with the new advances in technology and more digitization across the globe, consumer awareness is touted to increase in the future, boosting the global aesthetic threads market.

Impact of COVID-19 on the aesthetic threads market:

The COVID-19 pandemic had a huge negative impact on the global aesthetic threads market. The lockdown restrictions resulted in supply chain disruptions, leading to delayed transportation of devices and raw materials needed for the production of the threads. The limited footfall of patients affected the treatments and profits of clinics and hospitals. Also, the lockdown conditions, like social distancing and isolated treatments, led to the postponement of procedures and changes in consumer choices. In addition, the temporary shutdown of companies resulted in a pause in research and development activities and the approval of several new products. Also, the government's and individuals' emphasis on essential products rather than luxury negatively impacted the aesthetic threads market. Besides, there was a huge delay in approvals for several new applications and trials due to the major concerns about controlling the spread of the pandemic. On the other hand, the aesthetic threads market observed some positive demand with the ease in lockdown conditions and decreased safety restrictions. Also, the increase in remote consulting and telemedicine led to new ways of treating and monitoring patients. Moreover, the shift towards more self-care during the COVID-19 pandemic has encouraged people to spend more on cosmetic surgeries.

REPORT COVERAGE:

This research report on the global aesthetic threads market is segmented and sub-segmented based on product type, application and region.

Aesthetic Threads Market – By Product Type:

• Rejuvenating Thread
• Suspension Thread

The suspension thread segment recorded the highest share in the global aesthetic threads market due to the increasing demand for minimally invasive procedures among all genders. Also, the shorter duration times for recovery, decreased chance of side effects, and effectiveness in applications like skin rejuvenation and ptosis support the adoption of suspension threads in treatments.

The rejuvenating threads segment is also anticipated to grow at a notable rate in the forecast period due to the surge in the elderly population globally. These threads are mainly used in facelift procedures to tighten, lift, and add volume to the facial skin. Also, the additional benefits of these rejuvenation threads to enhance facial contour and decrease lines of aging, wrinkles, and fine lines are further boosting segmental growth.

Aesthetic Threads Market – By Application:

• Facelift
• Skin Rejuvenation
• Ptosis

The facelift segment accounted for a dominant portion of the aesthetic threads market and is likely to expand at an exponential rate in the future. The scar-free incisions offered by the facelift procedure encouraged patients to opt more for this non-invasive treatment. Further, benefits like less recovery time and minimal to no post-treatment complexities are promoting the business in this section.

Similarly, skin rejuvenation applications will witness tremendous growth owing to the rising awareness about skincare in all demographics of people. The surge in the number of skin infections, sunburns, early aging, pollution, and dust is also contributing to the demand for skin rejuvenation procedures. In particular, more cases of pigmentation and acne scars among the young population are creating huge growth potential for this segment.

Aesthetic Threads Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa

North America registered the highest share in the global aesthetic threads market. The USA and Canada are the leading nations in this region. The USA, in particular, accounted for the dominant share in North America due to the increasing demand from people to improve their physical appearance and spend more on beauty treatments. The rising geriatric population has promoted anti-aging and anti-wrinkle treatments in this area. Also, the presence of some of the market giants offering advanced devices and pike in the number of facelift and blepharoplasty treatments are augmenting demand for aesthetic threads in the USA. In addition, celebrity endorsements and social networking encouraged more people towards the aesthetic thread treatments in this region.

The Asia Pacific is expected to record the highest growth rate over the predicted period due to the increasing popularity of aesthetic thread treatments in nations like China, Japan, India, and South Korea. The growth in elderly people, coupled with affordable treatment options is promoting the market in this area. South Korea is among the leading nations of the world for skin procedures and a forerunner in the production and export of some of the advanced medical devices used in non-invasive treatments. China and Japan are funding advanced technologies to offer better living conditions for their people, which will create huge potential for market players to thrive in the future.

Europe is also a notable market for aesthetic threads because of the increasing anti-aging and anti-wrinkle treatments in the region. Switzerland, France, the United Kingdom, and others are a few destinations in Europe that have registered considerable growth rates in this market in recent years.

Latin America is a developing area in global aesthetic medicine treatment with augmented consumer spending in nations like Mexico, Argentina, and Brazil. The stabilizing economic situation and the rise in facelift treatments are likely to create extensive business opportunities in this region in the future.

The Middle East and Africa region is a small contributor to this market owing to the stringent government norms and religious restrictions in countries like Dubai, Saudi Arabia, etc. However, with the flourishing foreign grants and emphasis on personal hygiene, the aesthetics threads market is predicted to grow positively in the anticipated timeframe.

KEY MARKET MANUFACTURERS:

Medical Aesthetic Group, Croma Pharma, Menarini Group, Metro Korea Co. Ltd, Aptos International, Huadong Medicine Company Ltd, N-Finders Company Ltd, Healux Corp, River Aesthetics, 1st SurgiConcept, HansBioMed, ApolloMed Innovations, Golden Thread Inc., Spring Thread, and Cosderma.

NOTABLE HAPPENINGS IN THIS MARKET IN THE RECENT PAST:

• In August 2023, PDO MAX, Inc., an upcoming aesthetic medical devices company in the USA, launched its latest Molded Levo Max. Made of a biodegradable polymer, PDO threads offer assistance in face contouring, general submentum area and jawline. The Molded Levo Max also reduces the time for facial rejuvenation by combining with the company’s Smuth threads and Levo Lock.
• In September 2023, a leading biopharmaceutical firm in Italy, Menarini Group, launched its Definisse Core Filler in India, expanding its existing portfolio of derma fillers and threads.