Surgical Rejuvenation Market: Growth and Sales Forecast 2016 - 2024
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Vaginal rejuvenation generally incorporates vaginoplasty i.e., tightening of the vagina and/or labiaplasty or vulvaplasty. Vulvaplasty is restructuring of the vulva or labia, the outer and inner lips of the vagina. It has become a progressively common option for women. For individuals who wish recon touring after childbirth, substantial weight loss, elderly or grievance to genital structures, vaginal rejuvenation offers increased self-confidence and comfort. Conditions that can be treated with skin rejuvenation are wrinkles, pigmentation, scars, vascular conditions and vascular conditions. Microneedling therapy or collagen induction therapy (CIT), and percutaneous collagen induction (PCI), are minimally invasive skin-rejuvenation techniques that includes the use of a device that comprises fine needles.
Early appearance of elderly and increasing adoption of less painful minimally invasive rejuvenation techniques are major aspects driving the growth of the global surgical rejuvenation market. Other trends include easier access to treatments, rising affordability, growing awareness about new innovative and less painful techniques, deeper penetration of beauty merchandises in the local markets, demand for faster results and shorter treatment duration preferred by patients. However, the lack of standardized regulations is leading to an arrival of many local companies in both the developed and developing regions. Furthermore, the absence of documented and approved product effectiveness is also hampering the growth of this market.
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Geographically, the global surgical rejuvenation market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). North America followed by Europe accounted for the major market share for surgical rejuvenation due to the technical developments in the medicine and surgery field. These developments have enabled surgeries to be non-invasive and less painful. As the financial condition of developing countries has gradually improved, the disposable income in the hands of citizens has also improved drastically in recent years. This has led to a rise in the expenditure on luxuries such as facial rejuvenation.
The growing complexity of surgical rejuvenation procedures, which has led to the development of pain-free and effective non-surgical techniques, is expected to hamper the demand for surgical rejuvenation. Asia Pacific, followed by Latin America are expected to exhibit the highest growth rate due to rising development, increase in disposable income, growing healthcare industry and the presence of a large patient population in these regions. However, unfavorable reimbursement scenario and increasing cost of surgical procedures are some of the factors that might hinder the growth of surgical rejuvenation market. Some of the key players in the surgical rejuvenation market are: Merz GmbH & Co. KGaA, Lumenis, Mentor Worldwide LLC, Cynosure, Inc., Gal derma S/A, Alma Lasers, and Strax Rejuvenation.
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