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Cosmetic Surgery Global Market Report 2024 - By Trends, Size, Share, Demand, Forecast To 2033
The Business Research Company presents an extensive market research report on the Cosmetic Surgery Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The cosmetic surgery market size has grown rapidly in recent years. It will grow from $48.05 billion in 2023 to $53 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to change in beauty standards, celebrity influence, increased affordability, social media influence, psychological well-being, media and advertising.
The cosmetic surgery market size is expected to see strong growth in the next few years. It will grow to $73.22 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to rise in non-invasive procedures, cultural acceptance, global aging population, accessibility of information, regulatory approvals and standards, male aesthetic procedures. Major trends in the forecast period include integration of technology, non-invasive procedures, minimally invasive techniques, personalized and customizable procedures, 3D imaging and simulation, integration of regenerative medicine.
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Key Market Players:
Major companies operating in the cosmetic surgery market report are Johnson & Johnson, Astellas Pharma Inc., Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Medtronic plc, Polytech Health & Aesthetics GmbH, AbbVie Inc., Daiichi Sankyo Co. Ltd., Mylan N.V., Bausch Health Companies Inc., Eisai R&D Inc., Kyowa Hakko Kirin Co. Ltd., Ferring Pharmaceuticals plc, Endo Pharmaceuticals plc, Galderma SA, Lumenis Ltd., Solta Medical Inc., Evolus Inc., Revance Therapeutics Inc., Syneron Candela Corporation, Alma Lasers Ltd., Sinclair Pharma plc, HansBiomed Co. Ltd., Teoxane Laboratories, Cynosure Inc., Merz Pharma GmbH & Co. KGaA, Vital Esthetique Inc., GC Aesthetics LLC, Ono Pharmaceutical Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Shionogi & Co. Ltd.
Market Drivers:
The rising number of cosmetic surgery hospitals is driving the growth of the cosmetic surgery market. Cosmetic surgery is done to improve a person's appearance by repairing the damaged areas of skin, and removal of wrinkles or blemishes. The growing social and cultural influences such as media, fashion, and film industry, peer pressure for appearance and attractiveness, and shifting dimensions of beauty have raised the number of cosmetic surgery hospitals all over the world. For instance, in 2021, a study, from the American Society of Plastic Surgeons, found that Botox injections became the most popular non-invasive cosmetic procedure in 2020, with 4.4 million procedures performed in 2020. The increasing number of cosmetic surgeries has raised the number of hospitals, free-standing ambulatory surgical facilities, and office premises to conduct cosmetic surgery procedures.
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https://www.thebusinessresearchcompany.com/report/cosmetic-surgery-global-market-report
The cosmetic surgery market covered in this report is segmented -
1) By Procedure Type: Surgical Procedures, Non-Surgical Procedures, Other Procedures
2) By Provider: Spas And Cosmetic Surgery Centers, Hospitals And Specialty Clinics
3) By Gender: Male, Female
4) By Application: Liposuction, Eyelid And Nose Surgery, Body Contouring, Face Reconstruction, Cosmetic Implants, Other Applications
5) By End-User: Hospitals, Surgical Centers, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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