About Cosmetic Surgery
The global cosmetic surgery market is expected to grow in the forecasted period owing to the influence of fashion, media, and other cultural aspects. Cosmetic surgery is a medical field of study where the emphasis is on enhancing the look via medical and surgical procedures. It can be conducted on almost any part of the body. The visual appeal it adds to a person’s personality aids the market is drawing attention from different sectors. The high disposable income and social influences on the idea of beauty are increasing the demand for cosmetic surgeries in the developing the region.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The market has the potential to emerge as the swiftest growing owing to the rapidly evolving economies in the region. Several developing economies are considering medical tourism as a beneficial option to treat ailments and to improve the economic condition of the nation. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cosmetic Surgery market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merz Pharma (Germany), Galderma (Switzerland), Valeant Pharmaceuticals (Canada), Allergan (Ireland), Johnson & Johnson (United States), Cutera, Inc. (United States) and Syneron Medical Ltd (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Genesis Biosystems, Inc. (United States) and Bausch Health (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Cosmetic Surgery market by Type (Surgical Procedure and Non-surgical Procedure), Application (Liposuction, Eyelid and Nose Surgery, Body Contouring (Tummy Tuck, Breast Lift, Others), Facial Reconstruction and Cosmetic Implants (Breast Augmentation, buttock Implants, Chin & Cheek Implants)) and Region.
On the basis of geography, the market of Cosmetic Surgery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Age, the sub-segment i.e. Under 18 Years will boost the Cosmetic Surgery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Growing Number of Hospitals and Surgeons Specializing in Cosmetic Surgery and Growing Per Capita Income and Falling Cost of Cosmetic Surgeries
Market Growth Drivers:
The Increasing Awareness about Cosmetic Surgery and The Growing Safety Margin of Cosmetic Surgery
Challenges:
Social Taboos against Violation of Body Parts
Restraints:
Non-Essential Nature of Cosmetic Surgery and The High Cost of Cosmetic Surgeries Despite the Reduction
Opportunities:
The Development of Advanced Materials such as Silicone Implants and Growing Demand from Emerging Countries
Market Leaders and their expansionary development strategies
In July 2023, a plant derived extracellular nanoparticle (PDEN) technology was supplied to S-Thetics, medical aesthetic clinic in UK. The technology is designed to help the skin’s signaling pathways to rebalance with the plant version of human exosomes to target inflammation.
In September 2023,The International Society of Aesthetic Plastic Surgery (ISAPS) released the results of its annual Global Survey on Aesthetic/Cosmetic Procedures this week at the ISAPS Olympiad Athens World Congress 2023, which brought together more than 1,000 attendees from 90 countries to discuss the latest scientific research, innovations and techniques to improve patient safety in aesthetic plastic surgery.
Key Target Audience
Cosmetic Surgery Providers and Suppliers, Research and Development (R&D) Companies, Market Research and Consulting Service Providers, Academic Institutes and Universities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.