The Cosmetic Surgery Market share is primarily driven by the growth of cosmetic surgical procedures; Increase in demand for aesthetic procedures; and increase in technological advancements in the health care sector. Cosmetic surgery is an elective procedure that is performed to reshape, reshape, and improve a patient’s physical appearance. Cosmetic procedures include a unique discipline of surgical and non-surgical techniques aimed at improving a person’s appearance. According to the American Society of Plastic Surgeons, in 2020, the U.S. In 2020, an estimated 352,555 rhinitis procedures were performed. In 2020, the U.S. Rhinitis was analyzed as the major surgical procedure.
Cosmetic surgical procedures include various types of surgery such as breast augmentation, rhinoplasty (nose replacement), liposuction, facelift, eyelid surgery (blepharoplasty). In addition to some gender-specific cosmetic surgeries, female genital cosmetic surgery includes hymenoplasty, labia majora augmentation, vaginoplasty, labiaplasty and G-spot amplification, and many male breast reduction procedures.
๐๐๐ญ ๐๐ฉ ๐๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ, ๐๐ข๐ฅ๐ฅ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐๐๐ญ๐ก ๐จ๐ ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐.
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According to American Society of Plastic Surgeon, in 2020, it was reported that around 2 million cosmetic surgical procedure are conducted in female population.
An increase in the number of cosmetic surgical product approvals drives the growth of the cosmetic surgery market. For example, in January 2021, Johnson & Johnson, a medical device and drug manufacturing company, received approval from the US Food and Drug Administration (FDA) for the MemoryGel Boost breast implant for breast augmentation in women.
Increase in demand for aesthetic procedures is predicted to contribute to the growth of the cosmetic surgery market. Moreover, increasing number of young women, increasing awareness about skin treatments, increasing the demand for cosmetic surgical procedures and increasing the size of the cosmetic surgery market.
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Market growth is fueled by initiatives taken by government and private organizations to develop the healthcare industry. Presence of major manufacturing companies to manufacture cosmetic surgery products and increasing spending on healthcare products is driving the growth of the market. Technological developments in the medical device industry for manufacturing advanced cosmetic surgical products are expected to provide lucrative opportunities for the expansion of the global cosmetic surgery market during the cosmetic surgery market forecast.
The cosmetic surgery market is segmented by procedure, gender, age group, provider, and region. By procedure, the market is segmented into breast augmentation, eyelid surgery, liposuction, rhinoplasty, and others.
By type, the female segment accounted for the largest share in 2021 and is expected to maintain its lead over the forecast period due to rising demand for aesthetic procedures and rapid emphasis on personal aesthetics among women and increasing growth number of women cosmetic surgery population. On the basis of gender, it is divided into male and female. By age group, 13 to 29, 30 to 54, and 54 and above are classified. Depending on the provider, it is classified into hospitals and clinics and office and cosmetic surgical centers. By region, the market is analyzed in North America, Europe, Asia-Pacific, and LAMEA.
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Asia-Pacific is expected to witness profitable growth due to increase in the number of liposuctions, increasing awareness among young people about the field of aesthetics, increase in healthcare expenditure and increasing adoption of aesthetic products.
Key Benefits:
โข Quantitative analysis of market segments, current trends, forecasts and cosmetic surgery market analysis from 2021 to 2031 to identify opportunities in the prevailing cosmetic surgery market.
โข Market research is offered with information related to key drivers, restraints, and opportunities.
โข Porter’s five forces analysis highlights the strengths of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer networks.
โข An in-depth analysis of cosmetic surgery market segmentation helps in identifying prevalent opportunities in the market.
โข The major countries in each region are mapped according to their revenue contribution to the global market.
โข Market player positioning facilitates benchmarking and provides a clear understanding of the current position of market players.
Key Market Players
โข Abbvie Inc
โข Bausch Health Companies Inc.
โข Candela Syneron
โข cynosure inc
โข Galderma SA
โข Merz Pharma GmbH and Co. KGaA
โข Sientra Inc
โข Sinclair Pharmaceuticals Limited
โข Teoxane Laboratories
โข Johnson and Johnson
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