Understand How The Cosmetic Surgery Market Is Poised To Grow Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Cosmetic Surgery Global Market Report 2023, the cosmetic surgery market is expected to show significant growth in the forecast period.
Key insights from the cosmetic surgery market forecast include:
- Market Size
The global cosmetic surgery market will increase from $42.55 billion in 2022 to $46.45 billion in 2023, with a 9.2% CAGR. By 2027, it’s projected to reach $63.66 billion, growing at an 8.2% CAGR.
- Major Driver
The growth in count of cosmetic surgery facilities propels market expansion. Cosmetic surgery enhances appearance by addressing skin issues and eliminating wrinkles or blemishes. In 2020, The American Society of Plastic Surgeons reported $16.7 billion spent on U.S. cosmetic procedures, totaling 15.6 million. Of these, 2.3 million were cosmetic surgeries, 13.2 million were minimally-invasive, and 6.8 million were reconstructive procedures, leading to increased surgical centers, ambulatory facilities, and offices for these procedures.
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- Key Trend
Botulinum Toxin emerges as a popular trend in cosmetic surgery. Growing demand for cosmetic procedures and minimally invasive treatments drives its popularity. Botulinum Toxin, or Botox, injections relax wrinkle-causing muscles, enhancing appearance and addressing medical issues like eye problems, migraines, hyperhidrosis, and overactive bladder. In 2021, a study by the American Society of Plastic Surgeons revealed Botox as the leading non-invasive cosmetic procedure in 2020, with 4.4 million procedures conducted.
- Largest Region
North America was the largest region in the cosmetic surgery market in 2022.
- Major Players
Major players in the food diagnostics market are AbbVie, Cynosure, Alma Laser, Bausch Health Companies Inc., Galderma SA, Merz Pharma GmbH & Co. KGaA, Evolus Inc., RevanceGalderma, Lumenis, Solta Medical, Syneron Candela, Sinclair Pharma PLC, Syneron, Teoxane Laboratories, Vital Esthetique, Polytech Health & Aesthetics GmbH, GC Aesthetics, HansBiomed Co. Ltd.
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Key Cosmetic Surgery Market Segments
The global cosmetic surgery market 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
The Cosmetic Surgery Global Market Report 2023 provides an in-depth analysis on the cosmetic surgery market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cosmetic surgery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Minimal Invasive Surgery Devices Global Market Report 2023
Minimally Invasive And Non Invasive Product And Service Global Market Report 2023
Cellulite Treatment Global Market Report 2023
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