Global Cosmetic surgery and procedure Market: Description
The report is inclusive of competitive profiling of the leading cosmetic surgery and procedure vendors, and latest developments.
The Global Cosmetic Surgery and Procedures market report covers in-depth analysis of multiple market segments based on type & their sub-types, and study across different topographies.
Changing lifestyle, increasing affordability, and advancements in technologies are likely to propel the market growth of cosmetic surgery.
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Cosmetic surgery and procedure market was valued at ~USD 35 billion in 2017, and is projected to grow at a CAGR of 7.2% during the forecast period 2019-2024.
Global increase in the incidence of acne and other skin-related conditions has driven the market.
Furthermore, rapidly aging population and increasing concerns about wrinkles & related skin disorders are some of the key factors likely to boost the market.
Furthermore, increasing prevalence of breast cancer has increased the demand for breast augmentation and breast lift procedures. The demand for tummy tuck (abdominoplasty) and liposuction is also growing due to increasing obese population.
Global Cosmetic surgery and procedure market Analysis
Growing aesthetic awareness among the population and increasing medical tourism in the developing regions of Asia Pacific and Latin America due to developing healthcare infrastructure & affordable treatments are likely to propel the market.
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The global increase in population also results in an increased demand for antiaging cosmetic and aesthetic treatments. Owing to its distinctive viscoelastic and moisturizing properties coupled with lower toxicity levels, demand for hyaluronic acid products are directly affected by growing application in minimally invasive antiaging solutions.
Global Cosmetic surgery and procedure market Geography
Based on geography, the global cosmetic surgery and procedure market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada, and Mexico whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific. In Latin America, Brazil, Argentina, and Rest of Latin America are the key segments whereas in Middle East & Africa, South Africa and Rest of MEA are the key segments covered in the report.
“North America dominated the global market in 2016 and accounted for more than 40% of the total market in 2016.”
Global Cosmetic surgery and procedure market Top key Players
The global cosmetic surgery and procedure market is concentrated with leading manufacturers such as Allergan plc, Merz Pharma, Nestle, Cutera, Cynosure Inc, Ipsen, Sientra Inc., Alma Lasers, Johnson & Johnson, Sinclair IS Pharma, Lumenis, Invasix Aesthetic Solutions, and Syneron Medicals among others.
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