Industry Background:
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 | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Merz Pharma (Germany), Galderma (Switzerland), Valeant Pharmaceuticals (Canada), Allergan (Ireland), Johnson & Johnson (United States), Cutera, Inc. (United States) and Syneron Medical Ltd (United States) |
This growth is primarily driven by The Increasing Awareness about Cosmetic Surgery and The Growing Safety Margin of Cosmetic Surgery.
Globally, a noticeable market trend is evident The Growing Number of Hospitals and Surgeons Specializing in Cosmetic Surgery
The Diseases & Therapeutic Areas sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Merz Pharma (Germany), Galderma (Switzerland), Valeant Pharmaceuticals (Canada), Allergan (Ireland), Johnson & Johnson (United States), Cutera, Inc. (United States) and Syneron Medical Ltd (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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.
Key Developments in the Market:
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.
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
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cosmetic Surgery Market
- Analysis about New Entrants in Cosmetic Surgery Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cosmetic Surgery Study Sheds Light on
The Cosmetic Surgery Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cosmetic Surgery industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cosmetic Surgery industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.