Cosmetic Surgery Global Market to Reach $75.67 Billion by 2027 at a CAGR of 5.14%

DUBLIN, Dec. 23, 2022 /PRNewswire/ -- The "Cosmetic Surgery Market, Size, Global Forecast 2023-2027, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to  ResearchAndMarkets.com's offering.

Cosmetic Surgery Market is expected to reach US$ 75.67 Billion by 2027 according to the publisher. Cosmetic Surgery aims to boost a person's confidence, self-esteem, and physical appearance.

Cosmetic Surgery Market will grow with a CAGR of 5.14% during the forecast period (2022 - 2027):

The demand for cosmetic surgery operations has surged, along with society's growing need for greater aesthetic value and the rising number of medical spas and specialty clinics. Furthermore, the expansion of the cosmetic surgery industry is driven by an increase in the number of cosmetic surgical product approvals. For instance, the FDA approved Johnson and Johnson's new mentor MemoryGel BOOST breast implant for female breast augmentation in Jan 2021. Additionally, rise in technological advancement and growing awareness among people for skin treatment will drive the cosmetic surgery market during the forecast period.

By Procedure, Surgical Procedures holds the largest market share:

Cosmetic Surgeries can be performed through two different procedures, i.e., surgical and non-surgical procedures. Surgical procedures acquire the majority of the market share. Due to the rising demand for cosmetic surgical treatments to fix implants, the breast augmentation technique is one of the most highly performed cosmetic surgical procedures.

Furthermore, liposuction, abdominoplasty, and rhinoplasty are among the top surgical procedures in the cosmetic surgery market. Additionally, botulinum toxin and hyaluronic acid treatment are the top performed non-surgical procedures in the cosmetic surgery market. Due to less pain, low cost, and instant results, non-surgical procedures will grow steadily during the forecast period.

North America dominates the cosmetic surgery market:

By region, the Cosmetic Surgery market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America dominates the cosmetic surgery market. The presence of board-certified and trained cosmetic surgeons, the adoption of cosmetic treatments, the rising frequency of skin problems, and North America's advanced healthcare infrastructure are some of the key drivers of market expansion.

Furthermore, during the forecast period, the Asia Pacific region will also increase significantly due to the growing medical tourism, increasing number of cosmetic surgeries, rising per capita expenditure, and availability of technological advancement in the Asia Pacific region. According to our research findings, the global cosmetic surgery market was US$ 56.18 Billion in 2021.

By End User, Dermatology clinics have Significant Market Share:

A dermatologist specializes in skin disease, and no one knows skin better than a board-certified dermatologist, whether it's rashes, wrinkles, psoriasis, or melanoma. People prefer to get cosmetic surgery treatment to be done at dermatology clinics to get a perfect look and better opinion which is boosting the dermatology clinics market in cosmetic Surgery. The availability of various dermatology clinics and their diversified procedure portfolio are further driving the market. Additionally, the hospital segment will also grow during the forecast period due to the growing number of licensed hospitals to conduct cosmetic Surgery.

Key Players Analysis:

Johnson & Johnson, Bausch Health, Cutera Inc., Abbvie, Hologic, Ipsen, Sientra Inc., and Anika Therapeutics Inc. are the leading competitors in the Cosmetic Surgery Market. These companies are using various marketing strategies to grow their market share, including R&D initiatives, increased collaborations, awareness campaigns, technological improvements, global expansion, and the launch of new products. Furthermore, the performance of these companies in the market has been largely attributed to their solid distribution networks and well-established brand presence.

Procedure
A. Surgical Procedure

1. Breast Augmentation
2. Liposuction
3. Eyelid Surgery
4. Rhinoplasty
5. Abdominoplasty
6. Breast Lift
7. Fat Grafting Face
8. Breast Reduction
9. Facelift
10. Buttock Augmentation
11. Others

B. Non-Surgical Procedure

1. Botulinum Toxin
2. Hyaluronic Acid
3. Hair Removal
4. Non Surgical Fat Reduction
5. Photo Rejuvenation
6. Chemical Peel
7. Micro Ablative Resurfacing
8. Full Field Ablative
9. Calcium Hydroxylapatite
10. Poly-L-Lactic Acid

Region

1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa

End User

1. Dermatology Clinics
2. Hospitals
3. Others

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

5. Cosmetic Surgery Market

6. Cosmetic Surgery Volume

7. Market Share - Cosmetic Surgery Analysis

8. Procedure- Cosmetic Surgery Market and Volume

9. Region - Cosmetic Surgery Market

10. End User - Cosmetic Surgery Market

11. Key Players Analysis

Companies Mentioned

• Johnson & Johnson
• Bausch Health
• Cutera Inc.
• Abbvie
• Hologic
• Ipsen
• Sientra Inc.
• Anika Therapeutics Inc.

For more information about this report visit https://www.researchandmarkets.com/r/z00uk

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets