Blepharoplasty Market 2023 Analysis, Status and Business Outlook

The Global Blepharoplasty Market, valued at approximately USD 3,454.64 million in 2021, is projected to grow at a healthy rate of more than 7.6% during the forecast period of 2022-2029. Blepharoplasty, also known as eyelid surgery, is a cosmetic procedure that involves removing excess skin, fat, or muscle from the eyelids to enhance the appearance of the eyes and achieve a more youthful look.

It can also be used to treat medical conditions such as droopy eyelids that may affect vision. The increasing awareness of cosmetic procedures, a rising prevalence of vision impairments, and a growing geriatric population are driving the demand for blepharoplasty worldwide.

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The market growth is further boosted by the growing trend of cosmetic surgery. According to the International Society of Aesthetic Plastic Surgery (ISAPS) Global Survey Results 2020, there were a total of 10,129,528 cosmetic surgical procedures performed in 2020, with 1,225,540 of them being eyelid surgeries.

Additionally, data from the American Society of Plastic Surgeons revealed that approximately 85% of blepharoplasty procedures in 2020 were performed on women, while 15% were performed on men. The increasing demand for cosmetic surgery among the millennial and geriatric population segments is fueling the expansion of the market.

Furthermore, the availability of advanced facilities and the adoption of innovative techniques and devices present lucrative opportunities in the coming years. However, the market growth is hindered by the presence of complications associated with blepharoplasty throughout the forecast period.

In terms of regional analysis, North America currently dominates the market in revenue due to the growing number of people undergoing blepharoplasty procedures and advancements in medical device technology. However, the Asia Pacific region is expected to witness the highest compound annual growth rate (CAGR) during the forecast period.

Factors such as the increasing presence of pharmaceutical and medical device manufacturers, a rising geriatric population, and a growing preference for cosmetic procedures contribute to the market's growth in this region.

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Key players in the Global Blepharoplasty Market include Sisram Medical Ltd, Abbvie Inc, LightScalpel, Lumenis, Grand Aespio Inc., Medtronic plc, Surgical Holdings Ltd., Medline Industries, Inc., London Bridge Plastic Surgery, and M A Corporation.

Recent developments in the market include a contract signed in October 2020 between Allergan Aesthetics and Luminera, a privately held aesthetics company. This agreement aims to expand Allergan's line of dermal fillers in the US and international markets.

The market report covers historical data for the years 2019, 2020, and 2021, serving as the base year for estimation in 2021. The forecast period is from 2022 to 2029. The report provides revenue forecasts, company rankings, competitive landscape analysis, growth factors, and trends.

The market is segmented by gender (female and male), type (upper eyelid blepharoplasty, lower eyelid blepharoplasty, and combination eyelid surgery), service provider (hospitals, clinics, and ambulatory surgical centers), and region (North America, Europe, Asia Pacific, Latin America, and the Rest of the World).

The objective of the study is to define market sizes for different segments and countries in recent years and forecast their values for the coming years. The report incorporates both qualitative and quantitative aspects of the industry, including driving factors, challenges, opportunities in micro markets, competitive landscape analysis, and product offerings of key players.

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