Financing of Aesthetic Equipment
The influence from Korean Drama and K-pop phenomena is big as they get quite a number of requests to have Korean noses and eyes. Women account for 70% to 80% of the customers and most are aged between 30 and 50. There’s been growing demand from men and younger Malaysians too. Men are now 20% of the total clientele compared to about 10% five years ago.
The beauty industry in Malaysia has grown between 5% to 20% over the past five years, particularly in the non-surgical segment. Malaysian Society of Aesthetic Medicine (MSAM) president Dr Chin Shih Choon mentioned the top five non-invasive treatments are dermal fillers for anti-aging, cosmetic lasers to treat pigmentation, scars, and hair removal, followed by injecting botulinum toxin or Botox to treat wrinkles and excessive sweating, platelet rich plasma (PRP) injections for skin rejuvenation and non-invasive fat reduction treatments.
Social media takes on the role of influencing individuals to be more conscious of their appearance and therefore facilitate the industry growth. It was reported that the aesthetic medicine industry in Malaysia is growing due to an increased public awareness of such treatments and the government effort to promote health tourism.
In view that aesthetic treatment is gaining popularity in Malaysia, we expect more aesthetic clinics to be established in the near future. Regardless whether you are a new start-up or an existing establishment looking for asset replacement, we are here to serve your diverse aesthetic & medical equipment financing needs, through our distribution channels located across strategic points in Malaysia. With competitive rates and fast turn-around time, we help you to acquire the asset you need so that you could maintain focus on your business.