The Global Cosmetic surgery market sizeShare, Growth, Trends, Analysis, Report and Forecast 2022-2027′ by Expert Market Research gives an in-depth view of the global cosmetic surgery market, assessing the market on the basis of its segments such as gender, age group , procedure, end user , and major regions.
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Key highlights of the report include:
Market Snapshot 2017-2027
• Forecast CAGR (2022-2027): 3.80%
The global cosmetic surgery market is expected to register growth over the forecast period owing to the growing demand for cosmetic surgery and technological advancements in the healthcare sector. The growing interest of manufacturers in the innovation of cosmetic surgery procedures and devices is likely to increase the demand for aesthetic treatments.
With the rising prevalence and increasing demand for cosmetic surgical procedures, the growth of the cosmetic surgery market is expected to propel in the coming years. The launch of technologically advanced products such as non-invasive body contouring systems used as fat freezing technology is likely to generate market growth opportunities.
An upsurge in consumer awareness to look young has boosted demand for aesthetic treatments in emerging economies. This is further expected to drive the cosmetic surgery market over the next few years across the globe. Aesthetic procedures, such as nose reshaping, Botox injections and liposuction, are attracting growing interest among consumers in countries like South Korea and India.
Cosmetic Surgery Industry Definition and Major Segments
Cosmetic surgery is a distinctive field of medicine dedicated to improving appearance using medical and surgical techniques. It can be applied to several areas of the body, including the neck, face, chest, and abdomen. In many cases, cosmetic surgery is used to conceal scars or marks from other medical treatments to improve aesthetic appeal and increase patient confidence.
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Based on Gender, the market is segmented into:
By age group, the market is classified into:
• 13 to 29
• 30 to 54
• 55 and over
Based on the procedure, the market is categorized into:
• Eyelid surgery
• Mammal augmentation
By end-user, the market is categorized into:
• Hospital and clinic
• Ambulatory surgery facility
• Cosmetic surgery center
Based on region, the market is split into:
• North America
• Latin America
• Asia Pacific
• Middle East and Africa
Cosmetic surgery market trends
Geographically, the North American region is expected to drive the growth of the cosmetic surgery market due to evolving healthcare infrastructure and high adoption of cosmetic procedures. Rising prevalence of obesity coupled with the presence of skilled and certified cosmetic surgeons across the North American region are some of the key aspects driving the growth of the cosmetic surgery market.
According to the American Society of Plastic Surgeons, there has been an increase in the rates of cosmetic surgery procedures in recent years. With the increase in breast augmentation procedures and the increasing use of Botox injections, the demand for cosmetic surgery is expected to witness significant growth over the forecast period.
Meanwhile, Asia-Pacific region is expected to gain momentum over the next few years in cosmetic surgery market growth owing to increasing accessibility of advanced procedures and emphasis on physical appearance . South Korea is registering significant market growth as the country is considered a hub for cosmetic surgery. Rising awareness of the possibilities of cosmetic surgery along with rising healthcare expenditure in the region is further expected to fuel the growth of the cosmetic surgery market in Asia-Pacific.
Main market players
The major players in the global cosmetic surgery market are
• Merz Pharma GmbH & Co. KGaA
• AbbVie Inc.
• Johnson & Johnson Services, Inc.
• Cynosure LLC
• Candela Corporation
• Bausch Health Companies Inc.
• Lumenis Be Ltd.
• Evolus inc.
• Alma Lasers GmbH
• Galderma SA
The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest market updates along with their impact on the market. It also analyzes market demand, along with its price and demand indicators. The report also tracks the market based on SWOT and Porter’s Five Forces models.
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