Plastic Surgery Products Market Highlights 2020 – 2030
The Cosmetic Surgery Products market is expected to grow at a CAGR of ~7% during the forecast period (e.g. 2021-2030), thereby generating significant revenue. The growth of the market can be attributed to factors such as rising beauty consciousness among people increasing adoption of invasive and minimally invasive surgeries to maintain youthfulness and improvements in cosmetic treatment procedures. Apart from this, rapidly aging population globally and increasing disposable income of people are also expected to drive the market growth in the near future. According to the World Health Organization (WHO), there are 1 billion people over the age of 60. This number is estimated to increase to up to 203 billion by the end of 2014. Additionally, glossy advertising in the entertainment industry to attract more and more people to the services is expected to provide lucrative opportunities for the market in the coming years.
The market is segmented into implant injectables and devices by product type, among which the injectables segment is the largest segment in the plastic surgery products market due to the widespread use of treatments such as BOTOX and dermal fillers to add volume to the skin to erase lines and wrinkles near the chin. It is expected to witness high growth. Forehead and nose. Among various types of non-surgical procedures, botulinum toxin (BOTOX) accounted for the largest share in 2018. The calculated value is approximately 7.5 million procedures. On the basis of procedures, the non-surgical procedures segment is assessed to account for the largest market share during the forecast period, increasing the demand for these procedures over the past few years due to benefits such as shorter recovery time, minimal or no pain, lower costs, and reduced risk of side effects. It may be due to .
Global Plastic Surgery Products Market Regional Synopsis
Based on geographical analysis, the plastic surgery products market is segmented into five major regions including North America Europe Asia Pacific Latin America and Middle East & Africa. The market in North America is estimated to have the largest share during the forecast period due to increasing adoption of sophisticated surgical techniques and large number of successful cosmetic surgeries in this region. In 2018, the largest number of plastic surgeries were performed in the United States. The total number was estimated at over 4.3 million. It is also assessed to increase awareness about advanced medical procedures, thereby increasing the demand for plastic surgery products in the region. Additionally, the Asia Pacific region is expected to witness notable market growth during the forecast period, which can be attributed to greater availability of cosmetic services at affordable prices, increasing purchasing power of the middle-class population, and rising disposable income of people in the region.
The plastic surgery products market is further segmented on the basis of region as follows:
- North America (US and Canada) Market Size YOY Growth and Opportunity Analysis
- latin america
- (Brazil Mexico Argentina Rest of Latin America) Market Size YOY Growth and Opportunity Analysis
- Europe (United Kingdom Germany France Italy Spain Hungary Belgium Netherlands and Luxembourg Northern Europe Poland Turkey Russia Rest of Europe) Market Size YOY Growth and Opportunity Analysis
- Asia Pacific
- (China India Japan Korea Indonesia Malaysia Australia New Zealand Rest of Asia Pacific) Market Size YOY Growth and Opportunity Analysis
- Middle East and Africa (
- Israel GCC (Saudi Arabia UAE Bahrain Kuwait Qatar Oman) North Africa South Africa Rest of Middle East & Africa) Market Size YOY Growth and Opportunity Analysis
Market Segmentation
In-depth analysis of the Cosmetic Surgery Products market includes the following segments:
By product type
- implant
- breast implants
- lip implants
- chin implant
- cheek implants
- different
- injection
- Collagen
- botulin toxin
- Hyaluronic acid
- different
- facility
- skin resurfacing laser
- liposuction equipment
- hair removal laser
- light based system
- different
By procedure
- surgery
- non-surgical procedure
growth engine
- Increasing awareness of beauty among people around the world
- Rapid improvements in plastic surgery procedures
challenge
- High cost of aesthetic treatments
Top Key Companies Dominating the Market
- Allergan PLC
- Company Overview
- business strategy
- Featured product offerings
- financial performance
- Key Performance Indicators (KPI)
- risk analysis
- recent developments
- Location by region
- SWOT analysis
- Sinclair Pharmaceuticals Plc
- Kuterra Co., Ltd.
- Mentor Corporation
- lantern construction
- Lumenis Co., Ltd.
- Iridex Corporation
- Johnson & Johnson Services Inc.
- Syneron Medical Co., Ltd.
- Cynosure Co., Ltd.