The global cosmetic thread market is estimated to grow at a rate of 7% in the upcoming period to the year 2030. Integration with virtual reality solutions is expected to dominate the forecast period. Augmented reality could be used to access information as well as reports while seeing patients or without having to leave your existing operations, that too, in a completely hands-free mode, through voice command or by doing support data to appear automatically. This would be the healthcare vertical of the future.
Cosmetic threads are used to gently lift sagging facial skin for a smoother, more youthful experience. This treatment is less invasive and can minimize flaccidity more easily and with less risk than traditional methods. Thread lifts have recently emerged because many people want face lifts but find them too expensive. Competition among manufacturers has increased with the increasing availability of various brands. They provide a broad portfolio of cosmetic threads and combine the right products with technical support and continuous innovation.
In addition, the popularity of non-surgical techniques and new innovative treatment methods, such as 4d thread lift, is expected to increase the demand for cosmetic threads. Increased investment by companies in advanced product development is also expected to create growth opportunities in the near term.
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According to the latest report released by Persistence Market Research, the global cosmetic thread market was valued at US$114 Mn in 2020 and is expected to witness a CAGR of around 7% during the forecast period ( 2020 – 2030 ).
Company profiles:
- Sinclair Pharma plc.
- Hansbiomed Co. Ltd.
- korea metro co., ltd.
- intraline
- Healux Corporation
- Aptos International Ltda.
- Les Encres Cosmetic Threads
- mesoderma
- Aesthetic Expert Laboratories Ltd
- dermaqual
- smooth silhouette
- medical sap
- Elionce
- N-Finders Co., Ltd
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Key takeaways from the Cosmetic Threads market study
- The barbed and cone thread segment is expected to have a significant revenue share of around 60% in the cosmetic thread market.
- The facelift is the most attractive application and with the highest share, followed by the breast lift.
- In terms of regional growth, Europe and Latin America are manufacturing centers for cosmetic threads and are expected to experience rapid growth in the coming years.
- The COVID-19 outbreak has had a negative impact on the cosmetic yarn market, attributed to supply chain disruptions in the first few months of 2020 , a year in which the market grew around 4% . However, 2021 looks brighter and growth will be close to 7% again from now on.
- About 40% of these procedures are performed in ambulatory surgical centers around the world.
- The market in the US is projected to expand at a CAGR of around 8% through 2030 .
- The cosmetic thread market in Germany is expected to progress at a CAGR of around 7.5% .
“ The growing popularity of combination treatment therapy coupled with the growing demand for minimally invasive methods will drive the global cosmetic thread market,” says an analyst at Persistence Market Research.
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Collaboration and acquisitions: key strategies between market players
Companies operating in the cosmetic thread market are focusing on different strategies to develop new products and expand their distribution networks. For example, on March 3 , 2020 , Sinclair Pharma Limited, a London-based global aesthetics company wholly owned by Huadong Medicine Limited, announced that Health Canada has approved Silhouette InstaLift®, an advanced non-surgical treatment that lifts and repositions the face tissue.
Various players in the cosmetic thread market are focusing on growth strategies such as expansion, collaboration, and license agreement. On May 1 , 2020 , Suneva Medical, Inc. announced an exciting new alliance to further its leadership position in regenerative aesthetics. Suneva Medical’s aesthetic range will be expanded by the exclusive North American distributor of Sinclair Pharma’s innovative Silhouette Instalift sutures to meet growing consumer demand for minimally invasive and natural aesthetic alternatives. The acquisition is intended to strengthen its portfolio of sustainable cosmetic threads.
What does the report cover?
Persistence Market Research offers a unique perspective and actionable insights into cosmetic threads in its latest study, presenting a historical assessment of demand from 2015 to 2019 and projections for 2020 to 2030 , on a product basis (barbed and cone threads, screw and smooth threads). threads), application (face lift, breast lift and others) and end user (hospitals, ambulatory surgical centers and specialty clinics), in seven key regions of the world.
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