Drums, please! The latest statistics on the medical aesthetics market for 2018 demonstrate that the sector is still growing at a rapid rate.
More than $16.5 billion was spent by Americans on cosmetic procedures last year, including Botox and laser hair removal.
It is not surprising that more than 7.4 million men and women sought out this wrinkle-reducing therapy, making botulinum toxin injections one of the most popular cosmetic operations.
People from various walks of life are establishing new careers as cosmetic laser technicians, from real estate brokers and accountants to stay-at-home mothers and bartenders. Physician’s offices, medical spas, and specialty laser clinics are seeking to hire people with laser training and certification as new laser technology and skin care innovations are produced.
Stats for the Medical Aesthetics Sector in 2018
The overall number of surgical and minimally invasive cosmetic operations performed worldwide in 2018 increased by almost a quarter million compared to 2017. It is not surprising that Botox came out on top among the most popular cosmetic procedures, followed by soft tissue fillers, chemical peels, laser hair removal, and microdermabrasion.
Additionally, the 2018 medical aesthetics market statistics gave the average cost of cosmetic operations using popular injectable techniques and laser technology:
-
Injections for wrinkle reduction (such as Botox and Dysport) cost $397 on average nationwide, up 3% from 2017.
-
Hyaluronic acid soft tissue fillers: The average national cost of treatment is $682, unchanged from 2017.
-
The national average cost of a chemical peel is $669, which is a 4 percent decrease from 2017.
-
The national average cost of laser hair removal is $285, which is a 2 percent decrease from 2017.