Cosmetic Surgery And Procedure Market Overview and Growth Rate Analysis 2027 by Top Key Players Companies: Johnson And Johnson, Sinclair Pharma, Nestlé, Merz, Alma Lasers, Ipsen Pharma, Allergan Inc
The global cosmetic surgery and procedure market, estimates the industry to proliferate with a compound annual growth rate of 5.70% throughout the projected period 2019-2027. The rise in medical tourism in developing nations, increased awareness about the process & importance of aesthetic treatments, growing disposable incomes, and the growing aging populace are driving the growth of the market. This growth is, however, being restrained due to the side-effects associated with breast implants, the increase in explant procedures, and the availability of substitute treatments.
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Moreover, issues regarding reimbursement and the high cost of aesthetic treatments have become significant challenges to market growth. However, the increase in the number of cosmetic surgeries and the surging demand for energy-based liposuction techniques present opportunities for the growth of this market over the forecasting years.
The global market for cosmetic surgery and procedure spans across the Asia-Pacific, Latin America, North America, Europe, and the Middle East and Africa.
The reasons attributable to the APAC market's growth are the rise in demand for such procedures and the increase in the number of cosmetic clinics, particularly in the countries of China and India. The entry of new players into the regional market, rise in healthcare spending, the economic growth, and the rising need to enhance one's physical appearance, are propelling the market growth in this region. Further, awareness regarding minimally invasive procedures, technological advancements, and the increase in budget are driving the growth of the cosmetic surgery and procedure market in the Asia-Pacific.
The notable players in the cosmetic surgery and procedure market include Merz, Alma Lasers (Acquired By Shanghai Fosun Pharmaceutical (Group) Co Ltd), DEPUY INC (ACQUIRED BY JOHNSON AND JOHNSON), Sinclair Pharma, Nestlé, CUTERA INC, Bausch Health (Formerly VALEANT), Candela Corp (Formerly Syneron Medical Ltd), CYNOSURE (ACQUIRED BY HOLOGIC), Galderma (Acquired By EQT AB), JOHNSON AND JOHNSON, Lumenis Ltd. (acquired by Xio), Sientra Inc, Ipsen Pharma, and ALLERGAN INC.
The Ireland-based ALLERGAN INC is a global pharmaceutical company, engaged in manufacturing, developing and commercializing pharmaceuticals, branded devices, and biologic products across the world. It also produces and markets products for medical aesthetics and dermatology, among others. Incorporated in 1983, it has manufacturing units and R&D centers in the US, Ireland, France, Brazil, Costa Rica, Belgium, the UK, Singapore, Germany, Japan, and several other nations. ALLERGAN INC has been taking various strategic initiatives for expanding its base, which includes product development, acquisitions, collaborations, and strategic alliances.
Table of Contents:
1. Global Cosmetic Surgery And Procedure Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Porter's Five Forces Analysis
2.2.1. Threat Of New Entry
2.2.2. Threat Of Substitution
2.2.3. Buyer's Power
2.2.4. Supplier's Power
2.2.5. Competitive Rivalry
2.3. Key Insights
2.4. Value Chain Analysis
2.5. Regulatory Framework
2.6. Market Attractiveness Index
2.7. Market Drivers
2.7.1. Rising Medical Tourism In The Developing Economies
2.7.2. Increasing Awareness Regarding The Process And Importance Of Aesthetic Treatments
2.7.3. Rise In Disposable Income
2.7.4. Growing Aging Population
2.8. Market Restraints
2.8.1. Side-Effects Associated With Breast Implants
2.8.2. Availability Of Substitute Treatments
2.8.3. Increase In Explant Procedures
2.9. Market Opportunities
2.9.1. Increase In The Number Of Cosmetic Surgeries
2.9.2. Surging Demand For Energy-Based Liposuction Techniques
2.10. Market Challenges
2.10.1. Reimbursement Issue
2.10.2. High Cost Of Aesthetic Treatment
3. Cosmetic Surgery And Procedure Market Outlook - By Type
4. Cosmetic Surgery And Procedure Market - Regional Outlook
5. Cosmetic Surgery And Procedure Market Company Profiles
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Related Reports: https://www.marketwatch.com/press-release/neuroendoscopy-market-share-2020-global-industry-size-growth-trend-demand-top-players-opportunities-and-forecast-to-2025-2020-04-14
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