Prices are up by 10% in the aesthetic medicine sector. Baia Kondratieva, the founder of Aesthetic Clinic Entourage notes, that prices might increase further by over 15% in the future.
"Due to the adjusted USD and EUR exchange rate, the prices have increased slightly, we have a profit margin of about 10%, and compared to other sectors, we have not been affected painfully. I want to mention that 2022 was quite a busy and productive year for our industry, which offset the past pandemic years. The current year was full of conferences, in total more than 10 international conferences were held, which is quite a large number for 1 year.
Despite the fact that the pandemic hit our sector very painfully, in terms of development, the sector went back quite a bit, but still, there was a 10% increase in prices.
If we look at the statistics, we expect a 15% growth in the next 3 years, but this is a forecast and it is too early to talk about it," Baia Kondratieva said.
