What is the future of the medical beauty industry now?

China's medical beauty user scale exceeds 18 million people

In the face value economy has become a trend, the penetration of medical beauty among young people continues to increase.In 2021, the number of medical beauty users in China exceeded 18 million people, which is more than four times as many as in 2017, and an increase of 19.27% from 2020.

China's medical aesthetic market size continues to grow

China's medical aesthetic market size continues to grow from 2018-2021, and will be about 227.4 billion yuan in 2021, an increase of 15.10% from 2020. According to the "More Beauty 2021 Medical Beauty Industry White Paper" released by More Beauty APP, it is predicted that the scale of China's medical beauty market will still maintain a high rate of growth in 2022, with a growth rate of more than 16%, and the market size may reach 264.3 billion yuan.

Light medical aesthetics occupies half of the market

Compared with medical aesthetics that require surgery, non-surgical light medical aesthetics is safer, more flexible, and has a shorter recovery period, which has become the choice of more and more aesthetes. According to the data of New Oxygen's "2021 Medical Beauty Industry White Paper", the market size of light medical aesthetics accounted for 49.2% of the medical beauty program in 2021, with a small gap between it and the surgical program.

Light medical aesthetics drives the continuous growth of hyaluronic acid industry scale

The rise of light medical aesthetics has pulled the development of hyaluronic acid and other industries, and the industry scale has been close to 5 billion yuan in 2020, and according to Frost & Sullivan's prediction, the market scale of hyaluronic acid industry in 2022 will be close to 8 billion yuan, which will increase by nearly 27%.

Botulinum toxin market size of more than 6 billion yuan

In addition to injecting hyaluronic acid, injecting botulinum toxin is also a common item in light medical beauty. in 2020, China's botulinum toxin market size of close to 4 billion yuan in 2022, or more than 6 billion yuan in 2022, to maintain a higher growth rate.

In summary, China's medical beauty market is developing at a fast pace, with more than 18 million medical beauty users, and the industry scale will reach 227.4 billion yuan in 2021, with light medical beauty programs occupying half of the market. Pulled by the demand for light medical beauty, hyaluronic acid and botulinum toxin industry is developing rapidly, and the market size is expected to reach 8 billion yuan and 6 billion yuan in 2022 respectively.

-- The above data refer to the Analysis Report on Market Demand Forecast and Investment Strategy Planning of China's Medical Aesthetics Industry by Prospect Industry Research Institute