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Cosmetic Surgery Market Trends, Share, Size, Growth Analysis And Forecast 2033
Cosmetic Surgery Market
The Business Research Company offers in-depth market insights through Cosmetic Surgery Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
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
Major Driver - Surge In Cosmetic Surgery Hospitals Fuels Expansion Of The Cosmetic Surgery Market
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.
Competitive Landscape:
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.
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Top Trend - Cutting-Edge Laser Technology Redefining Skin Treatment And Aesthetics
Major companies operating in the cosmetic surgery market are increasing their focus on introducing innovative technologies, such as laser technology, to gain a competitive edge in the market. The Laser technology refers to the generation and manipulation of light through a process called stimulated emission. For instance, in June 2022, Cynosure, a US-based company, launched the PicoSure Pro device. It is an upgraded version of the PicoSure system and is the first and only FDA-cleared 755nm picosecond laser available on the market. The PicoSure Pro device delivers energy in a trillionth of a second, using pressure instead of heat to provide safe and effective treatments for unwanted pigmentation and skin revitalization for all skin types. This device offers practitioners greater flexibility than previous models, allowing them to treat more patients per day and achieve better outcomes in less time.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cosmetic Surgery Market Characteristics
3. Cosmetic Surgery Market Trends And Strategies
4. Cosmetic Surgery Market - Macro Economic Scenario
5. Cosmetic Surgery Market Size And Growth
…..
27. Cosmetic Surgery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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