Cosmetic Surgery Market Market is segmented By Procedure (Surgical Procedures, Non-surgical Procedures); By Gender (Male, Female); By Age (13-29, 30-54, 55 plus); By End User (Ambulatory Surgical Facility, Hospital, Clinic, and Others); By Geography (North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Nordic Region, Rest of Europe), Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), Middle East & Africa (South Africa, Rest of the Middle East & Africa)
Cosmetic Surgery Market was valued at US $xxx billion in 2022 and is projected to reach US $xxx billion by 2032, growing at a CAGR of xxx% during the forecast period.
The purpose of cosmetic surgical operations is to improve the aesthetic value of the specific portion chosen for the surgery. The discipline of cosmetic surgical surgery is primarily concerned with the reconstruction, alteration, and repair of various human body parts in order to improve their look. With the rising demand for a flawless physique or facial structure, this industry is now expanding rapidly. With the fast advancement of modernity and urbanization, numerous skin problems have grown common in society, necessitating cosmetic surgical operations for therapy.
Increasing Demand for Cosmetic Surgery among Male Population to Drive Market Growth
Due to age-related concerns, the popularity and adoption of cosmetic surgery among the male population are increasing year after year, and men are choosing these surgeries to keep their young appearance. Furthermore, rising demand for non-surgical procedures such as dermal fillers and botulinum toxin procedures among men is boosting the number of operations performed and adding to total market development. According to the International Society of Aesthetic Plastic Surgery (ISAPS), around 3.4 million cosmetic treatments on males would be performed globally in 2020. Eyelid surgery, liposuction, gynecomastia, rhinoplasty, botulinum toxin, and hair removal are among popular surgical and non-surgical procedures for males. The aforementioned forces, as well as the increasingly improved gender balance, are resulting in the overall growth of the cosmetic surgery market.
The fashion industrys cultural and societal effect has proven to be a boon for the cosmetic surgery market
The fashion industrys cultural and societal effect has been a boon to the cosmetic surgery sector, as it has encouraged individuals to seek such operations in order to enhance their appearance. In order to attract clients, the constantly developing tourist sector has increased the need for cosmetic surgical treatments. The media, in collaboration with the film industry, has had a significant effect on peoples preferences for cosmetic surgical operations. The attractive deals and plans established by the leading market participants have also contributed to the industrys expansion. The recent technological advancements in the cosmetic business have also greatly increased market size.
Lack of reimbursement facilities limits Market Expansion.
The absence of payment facilities given by insurance companies for these surgical treatments has proven to be a constraining factor for market expansion. The lack of discretionary income in the hands of the general public has also proven to be an impediment to market expansion. The pandemics existence had a negative influence on the market due to the limited services given by the healthcare care industries in order to reduce the danger of cross-infection for patients and medical workers. The exorbitant expense of these cosmetic surgery stifles market growth since it makes these procedures expensive for the general public. With recent developments in surgical processes and equipment, the cost of surgical treatments has risen. These various aspects proved to be constraining factors for the market growth of the cosmetic surgery market over the predicted period.
Rapid technological advancements in the industry create market opportunities in the Cosmetic Surgery market
People use cosmetic surgery operations to improve their aesthetic value in order to boost their self-esteem and confidence. The quick advances witnessed in technology and techniques used the show to be a fantastic potential for market growth throughout the forecast period. With the advancement of technology and the use of modern medications to avoid surgical scars and minimize the risk of hyperpigmentation, the demand for cosmetic surgical operations has expanded significantly. The governments increased spending on the healthcare sector in order to give the finest possible services to the people has contributed to enhancing the market for cosmetic surgical treatments. Peoples rising ability to spend on goods and services has fueled demand for sophisticated cosmetic surgery operations. With the expansion of the tourist business, there has been a surge in demand for cosmetic operations, resulting in a significant increase. There are several causes that show to be potential for market expansion over the predicted period.
North America holds the dominant position in the growing demand for Cosmetic Surgery Market
Because of the significant technological breakthroughs in the field of cosmetic surgery, the North American region has dominated the industry. Peoples increased desire for improved aesthetic qualities has expanded the market for cosmetic surgery services significantly. The rising frequency of traffic accidents has also increased the demand for aesthetic surgical operations. The rapidly growing tourism economy has strengthened the cosmetic surgery business in Bangkok and Miami. The value of excellent aesthetic traits has expanded enormously with the rapid expansion of the television business, which has contributed to boosting the size of the market for cosmetic operations. As a consequence of the rising demand for cosmetic surgical operations, the Asia Pacific area has seen significant expansion in this category. The availability of superior technology and surgical settings in developed countries such as North America has significantly enhanced the industry.
Top Companies and Recent Strategic Developments in the Cosmetic Surgery Market
• In June 2022, To accommodate consumer demand, the Silicone Center Clinic in Brazil stated that it is now offering various sizes of silicone prosthesis implants at low prices for breast augmentation treatments.
• In January 2022, Johnson & Johnson unveiled a novel memory gel implant that is supposed to improve breast health. The FDA has given its permission.
• In January 2021, Allergan Aesthetics, a division of AbbVie Inc., introduced CoolSculpting Elite. It is used to treat fat deposits in nine different locations of the body.
• In February 2022, Merz Pharma introduced the Radiesse + Lidocaine injectable implant. This implant is used as a deep injection for soft tissue expansion in persons over the age of 21 to address moderate to a severe loss of jawline contour.
• In July 2022, Cutera has announced the approval of AviClear, the first and only laser therapy device in the United States certified to treat mild, moderate, and severe acne.
• In June 2022, Cynosure introduced the PicoSure Pro Device, which has a sophisticated lens focus array made of platinum that helps to decrease wrinkles, acne scars, and pores by enhancing collagen and elastin content.
• In May 2022, Apyx Medical stated that the FDA granted it 510(k) permission to use the Renuvion Skin Handpiece for specified dermal resurfacing operations.
Years considered for this report
• Historical Years: 2019-2022
• Base Year: 2021
• Forecast Period: 2022-2032
Cosmetic Surgery Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/ projections/ forecast for revenue and unit sales (2022 - 2032)
• Data breakdown for application Industries (2022 - 2032)
• Integration and collaboration analysis of companies
• Capacity analysis with application sector breakdown
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategies adopted by emerging companies
Cosmetic Surgery Market Segmentation and Revenue Breakdown
By Procedure (Revenue, USD Billion, 2022 -2032)
• Surgical Procedures
• Non-surgical Procedures
By Gender (Revenue, USD Billion, 2022 -2032)
• Male
• Female
By Age (Revenue, USD Billion, 2022 -2032)
• 13 - 29
• 30 - 54
• 55 plus
By End User (Revenue, USD Billion, 2022 -2032)
• Ambulatory Surgical Facility
• Hospital and Clinic
• Others
By Geography Outlook (Revenue, USD Billion, 2022 -2032)
• North America (U.S., Canada)
• Europe (Germany, France, U.K., Italy, Spain, Nordic Region, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East & Africa (South Africa, Rest of the Middle East & Africa)
Key Companies
• Bausch Health Companies Inc.
• Johnson & Johnson Services, Inc.
• AbbVie Inc.
• Cutera
• Merz Pharma
• GALDERMA
• Sientra, Inc.
• Cynosure
• Apyx Medical
• Long Island Plastic Surgical Group, PC
Available Versions of Global Cosmetic Surgery Market Report:
The United States Cosmetic Surgery Market Report
Europe Cosmetic Surgery Market Report
Asia Pacific Cosmetic Surgery Market Report
India Cosmetic Surgery Market Report
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