In August 2021, according to Dubai International Pharmaceutical and Technologies Conference and Exhibition, Dubai has been ranked sixth globally for its top medical facilities. The country saw around 350,118 visitors, registering a rise of 4% in health tourism arrivals in 2021 from the previous year. Therefore, the U.A.E aesthetics/cosmetics market is estimated to increase rapidly in the near future.
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Data Bridge Market Research analyzes that the U.A.E Aesthetics/Cosmetics Market is expected to grow at a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 427.51 million by 2030. In 2023, the product segment is expected to dominate the market due to a rise in awareness of aesthetic procedures.
Key Findings of the Study
- The U.A.E aesthetics/cosmetics market is anticipated to reach a value of USD 427.51 million by 2030, with a CAGR of around 8.3% during the forecast period from 2023 to 2030
- The products segment was dominating the market in 2022 due to the beliefs and trends of aesthetic surgery in young adults
- The dermatology centers segment holds the maximum market share as a higher number of patients prefer to visit dermatology centers for cosmetic surgeries and treatment. The dermatology centers segment is growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
- The direct tender segment is expected to dominate the market as this distribution channel is mostly preferred in this market. The direct tender segment is growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
- The U.A.E aesthetics/cosmetics market is expected to register lucrative growth over the forecast period of 2023 to 2030 owing to the rising prevalence of minimally invasive procedures
Segment Analysis
The U.A.E aesthetics/cosmetics market is segmented into nine notable segments based on product and services, raw material, procedure, application, age group, patient type, nationality, end user, and distribution channel.
- Based on product and services, the market is segmented into products and services. In 2023, the products segment is expected to dominate the market with a market share of 78.02% and is expected to reach USD 340.81 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
- Based on raw material, the market is segmented into polymers, metals, ceramics, resin composite, silicon, titanium, and others. In 2023, the polymers segment is expected to dominate the market with a market share of 26.04% and is expected to reach USD 128.97 million by 2030, growing with a CAGR of 10.2% in the forecast period of 2023 to 2030.
- Based on procedure, the market is segmented into cosmetic procedure and reconstruction procedure. In 2023, the cosmetic procedure segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
- Based on application, the market is segmented into invasive procedures and non-invasive procedures. In 2023, the invasive procedures segment is expected to dominate the market with a market share of 58.62% and is expected to reach USD 257.56 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
- Based on age group, the market is segmented into child, adult, and geriatric. In 2023, the adult segment is expected to dominate the market with a market share of 54.39% and is expected to reach USD 249.15 million by 2030, growing with a CAGR of 9.2% in the forecast period of 2023 to 2030.
- Based on patient type, the market is segmented into male and female. In 2023, the female segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
- Based on nationality, the market is segmented into foreign nationals and emirates. In 2023, the foreign nationals segment is expected to dominate the market with a market share of 60.18% and is expected to reach USD 270.44 million by 2030, growing with a CAGR of 8.9% in the forecast period of 2023 to 2030.
- Based on end user, the market is segmented into hospitals, multispecialty clinics, home care settings, medical spas & beauty centers, dermatology centers, and others. In 2023, the dermatology centers segment is expected to dominate the market with a market share of 28.72% and is expected to reach USD 140.47 million by 2030, growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
- Based on distribution channel, the market is segmented into direct tender and retail sales. In 2023, the direct tender segment is expected to dominate the market with a market share of 65.18% as the distribution channel is mostly preferred in this market and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
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