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Cosmetic Threads Market By Material (Polydioxanone (PDA) Threads, Polylactic Acid (PLA) Threads, Caprolactone Threads), By Product Type (Barb Threads, Cone Threads, Screw Threads, Smooth Threads) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

The global cosmetic threads market was worth $72.2 million in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2018 to 2026. The cosmetic industry is highly driven by growth in medical device technology in the cosmetic and aesthetic space and growing consumer demand for minimally invasive procedures. Cosmetic threads are one of the growing minimally invasive cosmetic surgical techniques that offer skin rejuvenation and tightening of sagging body parts, including the face, thighs, arms, and other body parts.

Moreover, the time taken for the procedure is shorter, and the procedure is lower in cost as compared to traditional cosmetic surgeries. Because of these factors, cosmetic threading procedures are emerging as a viable alternative to dermal fillers and Botulinum Toxin injections. The primary factor assisting the market is the growing trend of combating aging through cosmetic procedures. Additionally, other significant factors such as a sedentary lifestyle, high disposable income, and growing awareness of cosmetic procedures will further drive the market during the forecast period.

The cost of cosmetic thread lift procedures varies depending on where you live. In the United States, cosmetic thread procedures are in their nascent stage, with a number of spas and clinics coming up with various packages of procedures. The procedure costs between $1,500 and $4,500 in the United States, depending on the area of the procedure, while surgical facelifts cost around $10,000.As per market experts, a number of products and market players will enter the cosmetic threads market space due to the growing demand for minimally invasive procedures in the cosmetic industry. The major drawback of cosmetic threads is that the effectiveness of the procedure lasts only for two years, making the procedure expensive as compared to a surgical facelift in terms of its long-lasting nature. Moreover, it is difficult to reimburse cosmetic procedures, which acts as a restraint on the market.

Market Synopsis

Cone Threads to Display the Fastest Growth Rate During the Forecast Period

Due to the availability of a large number of products in barb thread forms, barb threads held the largest share of the global cosmetic threads market in 2017. Barb threads are suspension threads that, when injected into the skin with a needle, pull back the skin, threatening ptosis. The area of application is mainly on the chin, jowls, eyebrows, and other parts of the face. Cone threads are projected to exhibit the fastest growth rate during the forecast period owing to the anticipated entry of the product into the market. Sinclair Pharma’s Silhouette Soft product has cone sutures. Cone threads rejuvenate the skin by promoting the immediate positioning and production of collagen underneath the skin.

The European Union dominated the global cosmetic threads market.

In 2017, Europe dominated the global cosmetic threads market owing to the high demand for cosmetic threads and awareness regarding minimally invasive cosmetic procedures. Europe was also the first region to approve cosmetic threads due to rising consumer demand for non-surgical cosmetic therapies. The U.K. held the largest share in Europe due to the domicile of numerous cosmetic thread manufacturing companies in the region.

Sinclair Pharma, headquartered in the U.K., has products such as Silhouette Soft and Silhouette InstaLift that were some of the first to be approved in Europe and North America. North America is projected to grow at the fastest rate due to the growing number of cosmetic spas and clinics offering cosmetic thread lift surgeries after approval of the procedures by the U.S. Food and Drug Administration. Asia-Pacific also emerged as one of the most lucrative markets in the cosmetic threads market due to the high awareness of cosmetic threads in Thailand, South Korea, Japan, and China. Moreover, the low prices of cosmetic thread lifts provide an advantage over surgical facelifts in price-sensitive regions such as Asia and the Pacific. Medical tourism for cosmetic surgeries is a mature market in Asia Pacific, which further drives the market in this region.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026,considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The cosmetic threads market report furnishes quantitative analysis along with the latest market trends. The market is segmented based on material type, product type, and geography.

The market is studied in order to understand the current dynamics and future trends in the global cosmetic threads market. The study includes market size and forecasts for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rates (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in the cosmetic threads market include Sinclair Pharma, Aptos International Ltd., Healux Corporation, Aesthetic Experts Lab, Gold Thread LLC, 1st SurgiConcept, Hansbiomed Co. Ltd., and Intraline, among others. The market is set to witness a number of start-up companies venturing into the market space, which will further spur market growth. Moreover, growth strategies such as mergers, acquisitions, and collaboration will further the cosmetic threads market during the forecast period.

Key questions are answered in this report.

  • How will the global cosmetic threads market perform during the forecast period from 2018 to 2026?
  • What are the most recent trends in the cosmetic threads market, as well as the most promising opportunities for key players?
  • Who are the global leaders in the cosmetic threads market?
  • Which is the leading and fastest-growing region in the global cosmetic thread market?
  • Currently, what is the regulatory structure for cosmetic threads?
  • What are the drivers and restraints governing the global market for cosmetic thread scanners?
  • What is the pricing structure of the cosmetic threads?

Frequently Asked Question:

The market for Cosmetic Threads Market is expected to reach USD$ 72.2 Mn in 2026.

The Cosmetic Threads Market is expected to see significant CAGR growth over the coming years, at 6.9%.

The report is forecasted from 2018 -2026.

The base year of this report is 2017.

Sinclair Pharma, Aptos International Ltd., Healux Corporation, Aesthetic Experts Lab, Gold Thread LLC, 1st SurgiConcept, Hansbiomed Co. Ltd. are some of the major players in the global market.

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Godaddy
Published Date:  Sep 2018
Category:  Medical Devices
Report ID:   59353
Report Format:   PDF
Pages:   120
Rating:    4.1 (66)
Delivery Time: 24 Hours to 48 Hours   
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