Saudi Arabia Plastic Surgery Market is Estimated at a Record USD 1,042.2 Million by the End of 2028 | Infinium Global Research

Infinium Global Research has added a new report on Saudi Arabia Plastic Surgery Market. The report covers the analysis of regional markets of Saudi Arabia. Moreover, the report gives insights into the factors that affect the regional performance of the market in the short run and in the long run. The Saudi Arabia plastic surgery market is a customer intelligence and competitive study of the demand, forecasts, trends, and macro indicators in Saudi Arabia market. The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, technological factors, key trends, and future prospects. The Saudi Arabia plastic surgery market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 6.71% between 2021 and 2028, propelling the market from USD 666.9 million in 2021 to an estimated USD 1,042.2 million by 2028.

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The economic landscape in Saudi Arabia has witnessed a remarkable surge in consumer spending, largely attributed to the growing disposable income of the Saudi people. According to the General Authority for Statistics, the average monthly income of a Saudi household increased from SAR 10,700 in 2013 to nearly SAR 12,000 in 2018. The rising working population, coupled with rapid industrialization, is further contributing to the growth of household income. The younger demographic, forming a significant part of the workforce, is enjoying increased income levels, enhancing their capacity for spending. Notably, the average cost of plastic surgery in Saudi Arabia, approximately SAR 33,000 in 2021, is within reach for many Saudi citizens, distinguishing it from other Middle Eastern countries.

The influence of social media on beauty standards cannot be overstated in Saudi Arabia, with a staggering 82% of the country's population, or 29.3 million people, active on social media platforms. On average, each internet user in the country maintains 10.4 social media accounts. Smartphone usage is on the rise, with Saudi Arabia boasting some of the highest smartphone sales in the region. Leading the social media charge are Facebook and Instagram, shaping perceptions of ideal beauty standards and fueling the demand for plastic surgeries.

Moreover, the proliferation of reality TV shows in Saudi Arabia has significantly altered the perception of beauty standards, driving interest in cosmetic procedures. According to the International Society of Aesthetic Plastic Surgeons (ISAPS), Saudi Arabia ranked 29th among the top 30 countries with the highest levels of cosmetic procedures in the world in 2018. The ISAPS reported a 5.4% increase in overall plastic surgery procedures in Saudi Arabia in 2018 compared to the previous year.

While cosmetic surgery was once met with skepticism due to health risks and religious views, perceptions have evolved. Innovations, improved techniques, and recommendations from friends and family have contributed to changing attitudes regarding the safety and risks associated with surgical procedures. This shift has played a pivotal role in driving the plastic surgery market's growth in Saudi Arabia.

Saudi Arabia is strategically positioned to advance its medical devices and consumables sector, with robust support from the Saudi Vision 2030 realization programs. The region's largest, well-regulated medical devices market, with concentrated buyers and recognition of international regulatory approvals, offers a prime opportunity for global manufacturers. The rising influx of medical tourists further underlines the demand for high-quality healthcare services, medical devices, and technology in the country.

As Saudi Arabia continues its journey of economic diversification and societal transformation, the plastic surgery market is poised for dynamic growth, offering a range of procedures to meet the evolving aesthetic aspirations of its population.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for Saudi Arabia Plastic Surgery Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in Saudi Arabia Plastic Surgery Market

Chapter 4. Saudi Arabia Plastic Surgery Market by Surgery

4.1. Aesthetic Surgery

4.2. Burn Surgery

4.3. Craniofacial Surgery

4.4. Hand Surgery

4.5. Microsurgery

4.6. Pediatric Plastic Surgery

Chapter 5. Saudi Arabia Plastic Surgery Market by Product Type

5.1. Lasers

5.2. Liposuction Equipment

5.3. Injectable

Chapter 6. Saudi Arabia Plastic Surgery Market by End User

6.1. Hospitals

6.2. Clinics

6.3. Research Laboratories and Institutes

6.4. Ambulatory Surgical Centers

Chapter 7. Company Profiles

7.1 AME Corporation

7.1.1 Company Overview

7.1.2 Company Snapshot

7.1.3 Product Portfolio

7.2 Arak Company

7.2.1 Company Overview

7.2.2 Company Snapshot

7.2.3 Product Portfolio

7.3 Imdad Medical Business Company

7.3.1 Company Overview

7.3.2 Company Snapshot

7.3.3 Product Portfolio

7.4 VITATECK MEDICAL EQUIPMENT TRADING LLC

7.4.1 Company Overview

7.4.2 Company Snapshot

7.4.3 Product Portfolio

7.5 Kafou Medical.

7.5.1 Company Overview

7.5.2 Company Snapshot

7.5.3 Product Portfolio

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/saudi-arabia/enquiry/33626

Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of Saudi Arabia plastic surgery.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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