Press release
Rising Demand For Aesthetic Procedures Drives Growth In The Cosmetic Surgery Market Driving Market Acceleration in the Cosmetic Surgery Industry, 2025
Cosmetic Surgery
What Is the Expected CAGR for the Cosmetic Surgery Market Through 2025?
In recent times, the cosmetic surgery market has witnessed significant growth. This market is expected to expand from a value of $53.34 billion in 2024 to $58.62 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.9%. The past growth in this market can be tied back to factors such as evolving beauty standards, celebrity influences, improved affordability, the impact of social media, better psychological well-being, as well as media and advertising.
What's the Projected Size of the Global Cosmetic Surgery Market by 2029?
In the coming years, the cosmetic surgery market is projected to experience robust growth, with its value expected to reach $79.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.9%. This growth during the forecast period is likely due to an increase in non-invasive procedures, global aging populace, cultural acceptance, easy access to information, regulatory standards and approvals, as well as male aesthetic procedures. Key trends that are expected to dominate the forecast period are the incorporation of technology, non-invasive procedures, minimally invasive techniques, personalized and customizable procedures, 3D imaging and simulation, and the inclusion of regenerative medicine.
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Top Growth Drivers in the Cosmetic Surgery Industry: What's Accelerating the Market?
The escalating count of aesthetic measures is projected to trigger an upward trend for the cosmetic surgery market in the future. The term "aesthetic procedures" signifies beauty treatments crafted to augment a person's looks via surgical or non-surgical approaches. The burgeoning amount of these procedures is linked to increased consumer quest for aesthetic enhancements, technological breakthroughs, and a surge in consciousness about self-care and physical appearance. These procedures offer a hassle-free way to refine individuals' looks, concurrently elevating their self-confidence, fostering self-care habits, and providing effective solutions to specific cosmetic issues. For instance, the British Association of Aesthetic Plastic Surgeons, a UK-prominent body entrusted with the task of enhancing the safety and education concerning cosmetic surgery, reported a considerable influx in the number of cosmetic processes conducted in 2022. As per their data, 31,057 cosmetic procedures were undertaken in the UK during 2022, which is a striking 102% escalation when compared to 2021. It was observed that women constituted 93% of the total number of cosmetic procedures recorded in 2022, signifying a significant 101% leap when compared to 2021. Furthermore, men were responsible for 7% of all cosmetic surgery procedures, showing a significant 118% augmentation in comparison with the last year. Consequently, the upswing in the number of aesthetic measures will propel the growth of the cosmetic surgery market.
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What Trends Will Shape the Cosmetic Surgery Market Through 2029 and Beyond?
The trending factor gaining traction in the cosmetic surgery market is product innovation. Major industry players are concentrating on creating new offerings to broaden their market reach. Take, for example, Merz Aesthetics, a pharmaceutical firm based in the US, which launched a new injectable implant named Radiesse (+) Lidocaine in February of 2022. This gel-based injectable dermal filler, made of calcium hydroxylapatite (CaHa), is crafted to augment volume and definition to lower facial contours. It simultaneously tightens and lifts jowls and buccula and remodels and corrects moderate-to-severe facial wrinkles and folds. Remarkably, this is the first and only aesthetic injectable capable of improving moderate to severe loss of jawline contour.
What Are the Main Segments in the Cosmetic Surgery Market?
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
Subsegments:
1) By Surgical Procedures: Breast Augmentation, Liposuction, Rhinoplasty (Nose Surgery), Facelift Surgery (Rhytidectomy), Eyelid Surgery (Blepharoplasty), Tummy Tuck (Abdominoplasty), Chin And Cheek Surgery, Hair Transplant Surgery, Other Surgical Procedures
2) By Non-Surgical Procedures: Botox Injections, Dermal Fillers (Hyaluronic Acid Fillers), Chemical Peels, Laser Hair Removal, Microdermabrasion, Non-Surgical Facelift (Thread Lift), Cryolipolysis (Fat Freezing), Platelet-Rich Plasma (PRP) Therapy, Other Non-Surgical Procedures
3) By Other Procedures: Body Contouring (CoolSculpting, Radiofrequency), Scalp Micropigmentation, Tattoo Removal, Skin Rejuvenation Treatments (LED Therapy, Microneedling)
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Which Top Companies are Driving Growth in the Cosmetic Surgery Market?
Major companies operating in the cosmetic surgery market include 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.
Which Regions Will Dominate the Cosmetic Surgery Market Through 2029?
North America was the largest region in the cosmetic surgery market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the cosmetic surgery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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