Singapore Medical Aesthetics Report

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The local beauty equipment wholesale business in Singapore is one where “stability” and “sluggishness” co-exist. Hence, what kind of company can leave a track record gloriously for next generation in
this small tropical nation which can enjoy spectacular economic success? Providing the latest industry analysis, this report aims to narrow down the critical success factors from the business operators’ viewpoint.

This report is structured as follows. The main purpose of this report is to analyse the value chain in the local aesthetic market in Singapore, starting from the upstream players in the local aesthetic market – the distributors of medical aesthetics equipment and products; followed by the middlemen – the providers of medical aesthetics services; and lastly, the downstream end-users – the consumers of medical aesthetics services. Information on some of the major players from all three layers of the value chain will be discussed.

Meanwhile, if you wish to obtain a concrete image to plunge into an actual business expansion in Singapore, we would like to recommend you to pay attention to the special section named ‘Level Up From The ‘Stable yet Sluggish’ Business: How Should A Company Achieve That?’, where core business insights are clearly described from the view point of business operators with the use of financial data provided by a medical aesthetics instrument wholesale company (hereafter ”Company S”) in Singapore.

Furthermore, before you start reading this report, please note that the challenges which this business industry will face particularly are:

  1. The limits to a ‘labour-intensive business model’
  2. The necessity to expand business overseas for a better profit margin
  3. Entry into the cosmetics industry: expanding on product variety is not enough to survive the tough competition there.


Data & Tables


Infographics 1: What makes up the medical aesthetics industry?

Infographics 2: Overview of the global medical aesthetics market revenue

Infographics 3: overview of the Asia medical aesthetics market

Infographics 4: The upstream players: medical aesthetics equipment distributors

Infographics 5: Major distributors of medical aesthetics devices in Singapore

Infographics 6: The most common minimally/non-invasive aesthetics treatments

Infographics 7: Popular medical aesthetics treatments and devices in Singapore



Table 1: List of invasive medical aesthetics procedures

Table 2: List of minimally/non-invasive medical aesthetics procedures

Table 3: List of physician-dispensed cosmeceuticals

Table 4: Major international players in the global medical aesthetic devices market

Table 5: Common technologies used in medical aesthetic treatments

Table 6: Prices of popular treatments in Singapore vs Korea

Table 7: Major hospitals in Singapore

Table 8: Number of hospitals in Singapore

Table 9: Medical aesthetics clinics in Singapore

Table 10: Major medical spas in Singapore

Table 11: Spending patterns of Singaporean women

Table 12: SWOT analysis

Table 13: Categories of medical aesthetics equipment

Table 14: Categories of medical aesthetics equipment



Figure 1: Projected growth of medical aesthetics industry in Asia

Figure 2: Growth in number of private medical aesthetic clinics in Singapore

Figure 3: Growth in medical tourism receipts for Singapore

Figure 4: Invasive procedures popular in the US

Figure 5: Minimally/non-invasive procedures popular in the US

Figure 6: Proportion of the Singapore workforce by age group

Figure 7: Growth in percentage of Singaporean men seeking plastic surgery

Figure 8: Proportion of US citizens who had plastic surgery by age group

Figure 9: Growth of Singapore’s ageing population

Figure 10: Application process to import “Therapeutic Products” into Singapore

Figure 11: Four other types of import license

Figure 12: Labelling requirements

Figure 13: Registering medical devices imported to Singapore

Figure 14: Guidelines on Aesthetic Practices for Doctors

Figure 15: Singaporean Consumer Brand Preference

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