Plastic Surgery Market 2024-2031: Global Industry Analysis, Size, Share, Growth Trends, and Leading Players Forecast | Alma Lasers, Cynosure LLC, Galderma, Bausch Health Companies Inc., Merz Aesthetics, Candela Corporation

Plastic Surgery Market reached US$ 69.7 billion in 2023 and is expected to reach US$ 158.7 billion by 2031, growing at a CAGR of 11.1% during the forecast period 2024-2031.

The Plastic Surgery Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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Plastic Surgery Market Landscape Analysis :

Plastic surgery is a specialized field of medicine focused on enhancing physical appearance and reconstructing facial or bodily defects resulting from injury, disease, or congenital conditions. It serves both aesthetic and functional purposes and can involve surgical procedures on nearly any part of the body, excluding the central nervous system. The discipline is broadly categorized into cosmetic surgery, aimed at improving appearance, and reconstructive surgery, which focuses on restoring function and correcting abnormalities.

The plastic surgery market is witnessing robust growth, fueled by several key factors. These include rising consumer interest in aesthetic enhancements, especially among the aging population, increasing acceptance of minimally invasive procedures, and declining procedural costs. Additionally, the expanding number of certified providers and frequent product innovations are further propelling market expansion.

North America remains a dominant region in terms of demand, driven by advanced research capabilities and early adoption of cutting-edge technologies. Major players such as Allergan Aesthetics (AbbVie Inc.), Merz Aesthetics, Cynosure LLC, and others are actively contributing to the competitive landscape through strategic developments, including new product launches and service expansions.

Plastic Surgery Market: Shifting Industry Trends and Market Potential

Surging Demand for Plastic Surgery Procedures Fuels Market Growth

The global plastic surgery market is witnessing significant expansion, largely driven by the rising demand for cosmetic and reconstructive procedures. Contributing factors include an aging global population, an uptick in trauma and burn-related injuries, technological advancements, and a growing number of product approvals and procedural innovations.

As the geriatric population continues to rise, so does the interest in age-defying aesthetic treatments. Longer life expectancy and increased awareness of appearance-related changes have led to greater adoption of procedures such as facelifts, Botox injections, and dermal fillers, especially among older adults seeking to address wrinkles, sagging skin, and facial volume loss.

Additionally, the prevalence of injuries resulting from accidents and burns has escalated the need for reconstructive and scar-revision surgeries. According to the World Health Organization (WHO), burns cause an estimated 180,000 deaths annually, with the majority occurring in low- and middle-income nations. In India alone, more than 1 million people suffer moderate to severe burn injuries each year, underscoring the growing medical demand for plastic surgery beyond aesthetics.

Cosmetic enhancements aimed at improving physical appearance are also on the rise. According to data from the American Society of Plastic Surgeons, in 2023 alone, the United States saw 347,782 liposuction procedures, 304,181 breast augmentations, and 120,747 eyelid surgeries, illustrating the escalating consumer interest in surgical body and facial transformations.

As the desire for aesthetic improvements and the necessity for reconstructive treatments grow in parallel, the plastic surgery market is expected to maintain a strong upward trajectory in the years ahead.

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Strategic Players Driving the Plastic Surgery Market Forward: Allergan Aesthetics (AbbVie Inc.), Alma Lasers, Cynosure LLC, Galderma, Bausch Health Companies Inc., Merz Aesthetics, Candela Corporation, Evolus, Inc., Lumenis Be Ltd., GC Aesthetics.

Research Methodology:

The global Plastic Surgery Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the Plastic Surgery Market:

By Surgical Procedure Type (Reconstructive Surgical Procedure, Cosmetic (aesthetic) Surgical Procedure, Cosmetic Minimally-Invasive Procedures)

By Gender (Female, Male)

By Age Group (Age Group (13-19), Age Group (20-29), Age Group (30-39), Age Group (40-54), Age Group (55-69), Age Group (70+))

By End User (Hospitals, Surgical Centers/ Clinics, Others)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

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Industry Recent Developments

In May 2023, the U.S. FDA approved SKINVIVE by JUVÉDERM for enhancing the skin softness of the cheeks in individuals over the age of 21, according to a statement from Allergan Aesthetics, a division of AbbVie. The sole and first intradermal microdroplet injection of hyaluronic acid (HA) for skin smoothness to be made available in the United States is called SKINVIVE by JUVÉDERM. With proper care, benefits can last up to six months. Smooth, injectable HA gel called SKINVIVE by JUVÉDERM includes a trace dose of lidocaine, a local anesthetic.

In June 2023, Restylane Eyelight was approved by the U.S. Food and Drug Administration (FDA) for the treatment of dark shadows under the eyes in individuals over the age of 21. The first and sole product in the United States designed using NASHA Technology addressing volume loss beneath the eyes, Restylane Eyelight is a dermal filler made of hyaluronic acid (HA) that gives patients results that seem natural.

Regional Analysis for Plastic Surgery Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Plastic Surgery Market Research Industry:

➠ Who leads the Plastic Surgery industry and what's their competitive positioning regarding capacity, performance, and profitability?

➠ What growth opportunities and market challenges do Plastic Surgery market vendors face?

➠ Which segments show the highest growth potential and market share distribution?

➠ What factors are driving or limiting Plastic Surgery market growth?

➠ What are the dominant sales and distribution strategies in the Plastic Surgery industry?

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