Global Gynecomastia Procedures Market Projected to Grow at 7.7% CAGR, Reaching $1.51 Billion by 2029

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What Will the Gynecomastia Procedures Industry Market Size Be by 2025?
The market size for gynecomastia procedures has witnessed significant growth in the past few years. It is expected to rise from $1.04 billion in 2024 to $1.12 billion in 2025, showcasing a compound annual growth rate (CAGR) of 8.0%. Reasons for this growth in the previous period include increased acceptance of cosmetic surgeries for men, the significant impact of social media on perceptions of body image, the rising number of plastic surgeons and clinics, the growing preference for minimally invasive procedures, and the increased numbers of medical tourists seeking cosmetic treatments.

What's the Long-Term Growth Forecast for the Gynecomastia Procedures Market Size Through 2029?
In the upcoming years, the market size for gynecomastia procedures is predicted to witness significant expansion, escalating to $1.51 billion in 2029 with a compound annual growth rate (CAGR) of 7.7%. This substantial growth during the forecast period can be ascribed to the heightened emphasis on physical looks among the male population, the surging demand for outpatient cosmetic processes, the rising acceptance of combination treatments, increased availability of financing alternatives for surgery, and escalation in investments in cosmetic surgery research and development. The forecast period is also expected to see trends such as progress in minimally invasive surgical methods, advancements in liposuction technologies, refined anesthesia and recovery protocols, the incorporation of AI in preoperative strategy, and progress in scar-minimizing and skin-firming techniques.

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What Are the Key Growth Drivers Fueling the Gynecomastia Procedures Market Expansion?
The rise in obesity worldwide is expected to drive the expansion of the gynecomastia procedures market. Obesity is defined as a medical condition where excess body fat accumulates, usually indicated by a body mass index (BMI) of 30 or above and often leading to various health issues. The surge in obesity rates is attributed to increasingly sedentary lifestyles, featuring minimal physical activity and extensive periods of sitting, resulting in weight gain and poor metabolic health. Gynecomastia procedures, used to treat enlarged male breasts, are often essential for obese patients, as the excess chest area fat can exacerbate or imitate the symptoms of gynecomastia, necessitating surgical intervention as a valuable remedy. For example, the World Heart Foundation, a non-government organization based in Switzerland, reported in March 2023 that approximately 2.3 billion adults and children around the globe are obese or overweight. Given the current trajectory of obesity rates, it is anticipated that the global population of obese individuals will reach 2.7 billion by 2025. Consequently, the surging rates of obesity are powering the growth of the gynecomastia procedures market.

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What Are the Key Trends Driving Gynecomastia Procedures Market Growth?
Leading firms in the gynecomastia procedures market are prioritizing ingenious advancements like non-invasive treatments to diminish the risks associated with surgery, enhance patient results, and fulfill the unfulfilled medical demand for safer, better therapies. A non-invasive solution is a kind of remedy that prevents surgery by applying oral drugs or external treatments to tackle conditions such as gynecomastia without requiring cuts or anesthetics. For instance, BioZen Limited, a biotech firm based in the UK, rolled out a revolutionary daily pill regimen in June 2024 to treat gynecomastia. This distinct dual-therapy concoction pairs a small dose of tamoxifen (TAM) with indole-3-carbinol (I3C), a naturally occurring compound from cruciferous veggies, administered as a convenient oral drug once a day. Preliminary data from BioZen hint that this twofold strategy could comprehensively correct the hormone imbalance triggering gynecomastia, thus potentially providing a secure, efficient, and scalable substitute for surgery.

How Is the Gynecomastia Procedures Market Segmented?
The gynecomastia procedures market covered in this report is segmented -

1) By Procedure Type: Liposuction, Mastectomy, Thyroid Hormone Therapy, Medications, Ultrasound
2) By Age Group: Adolescents, Adults, Elderly
3) By End-User: Hospitals, Cosmetic Surgery Centers, Other End-Users

Subsegment:
1) By Liposuction: Tumescent Liposuction, Ultrasound-Assisted Liposuction, Power-Assisted Liposuction, Laser-Assisted Liposuction
2) By Mastectomy: Subcutaneous Mastectomy, Bilateral Mastectomy, nip*ple-Sparing Mastectomy
3) By Thyroid Hormone Therapy: Synthetic Thyroid Hormones, Natural Desiccated Thyroid, Combination Therapy
4) By Medications: Anti-Estrogen Medications, Aromatase Inhibitors, Selective Estrogen Receptor Modulators (SERMs)
5) By Ultrasound: High-Intensity Focused Ultrasound (HIFU), Low-Intensity Focused Ultrasound, Acoustic Wave Therapy

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Which Companies Are Leading the Charge in Gynecomastia Procedures Market Innovation?
Major companies operating in the gynecomastia procedures market are Sun Pharmaceutical Industries Limited, Cadila Pharmaceuticals Limited, Spire Healthcare Group plc, InMode Ltd., Lumenis Ltd., Cynosure LLC, Max Healthcare Institute Limited, Alma Lasers Ltd., Pristyn Care Private Limited, Sterling Addlife India Limited, Cutera Inc., Solta Medical Inc., Erchonia Corporation, MicroAire Surgical Instruments LLC, Allure Medspa, Florida Plastic Surgery Group P.A., BioZen Healthcare, Dermawear, The Aesthetica, Austin Gynecomastia Center

Which Regions Are Leading the Global Gynecomastia Procedures Market in Revenue?
North America was the largest region in the gynecomastia procedures market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gynecomastia procedures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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