Cosmetic surgery is a surgical or non-surgical intervention dedicated to the reconstruction of the structure of the face and the body. Cosmetic processes are becoming more widespread and growing at a rapid pace due to technological innovations and the development of sophisticated materials such as silicone implants among others that are driving the industry forward. The introduction of technologically enhanced products, such as non-invasive body contouring systems, which utilize fat freezing technology, are expected to generate lucrative growth choices.
The market has seen a peak over the past few months and is expected to be in high demand throughout the time frame under review. According to the analysis of the report, ‘Cosmetic Surgery and Procedures Market: Current Analysis and Forecast (2021-2027)’ indicates that the growing awareness among the population universally through peer pressure for the appearance and the attractiveness and mobile dimensions of beauty will propel the growth of the market.
COVID-19 is a global health emergency afflicting almost every industry, this pandemic has continued to shift the growth of different market sectors. In the healthcare sector, the pandemic has directly affected the production, demand and supply chain of several medical device and pharmaceutical companies.
Some of the major companies operating in the field of cosmetic surgery and process include Abbvie Inc., Bausch Health Companies Inc., Cynosure Technologies, Galderma SA, Merz Pharma GmbH & co. KgaA, Sinclair Pharma plc, Syneron, Teoxane Laboratories, Vital Esthetique, Johnson & Johnson, among others are the major companies that have been lately working in the market to maintain their dominance, lead the highest growth in the market, gain competitive edge , recording the great market share value and generating the highest percentage of revenue.
Based on our analysis of the report, “Cosmetic Surgery and Procedures Market: Current Analysis and Forecast (2021-2027)”, it was found that the capacity of cosmetic surgical and non-surgical processes has been increasing over the past years. This can be attributed to growing disposable income, increasing safety of surgical processes, increasing patient confidence in these surgeries, and increasing medical tourism.
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This report forecasts the revenue growth at the regional, global and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2027.
Based on the procedure, the cosmetic surgery and procedures market is classified into surgical and non-surgical. Among these, the non-surgical category is expected to experience an effective growth rate over the forecast period. Individuals are gradually adopting non-surgical procedures mainly due to the increasing affordability of cosmetic procedures, increased safety of surgeries, existence of skilled surgeons, and long-lasting results.
For a proper understanding of the market, the report makes available a detailed analysis of major regions and countries comprising of North America (USA, Canada, Rest of America); Europe (Germany, United Kingdom, France, Spain, Italy, Rest of Europe); Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia Pacific) and Rest of the World. In 2020, North America recorded a competent market share. This is mainly due to the growth of cosmetic surgeries, high incomes, improved healthcare infrastructure, and the implementation of cosmetic procedures such as liposuction, eyelid surgery, botulinum toxin, and hair removal in the area.
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