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Cosmetic Surgery Market Trends, Key Drivers, Opportunities, Leading Players And Forecast To 2033
Cosmetic Surgery Market Overview
As per the report, 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 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%.
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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.
Revolutionary Injectable Implant Redefining The Cosmetic Surgery Market Through Innovative Product Design
Product innovation is the key trend gaining popularity in the cosmetic surgery market. Major companies in the industry are focusing on developing new products to expand their market coverage. For instance, in February 2022, Merz Aesthetics, a US-based pharmaceutical company, introduced a new injectable implant called Radiesse (+) Lidocaine. Radiesse (+) is a gel-based injectable dermal filler made of calcium hydroxylapatite (CaHa). It is designed to add volume and definition to the lower facial contours while also tightening and lifting jowls and buccula and smoothing and correcting moderate-to-severe facial wrinkles and folds. This is the first and only aesthetic injectable that can improve moderate to severe loss of jawline contour.
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
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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.
Contents of the report:
1. Executive Summary
2. Cosmetic Surgery Market Report Structure
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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