JERSEY CITY, N.J., Nov. 16, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Cosmetic Surgery Market" By Procedure (Surgical Procedures, Non-surgical Procedures), By End-User (Hospitals, Surgical Centers), and By Geography. According to Verified Market Research, the Global Cosmetic Surgery Market size was valued at USD 49.14 Billion in 2020 and is projected to reach USD 64.88 Billion by 2028, growing at a CAGR of 3.54% from 2021 to 2028.
Social and cultural influences such as media, fashion, and film industry impact, peer pressure for appearance and attractiveness, shifting dimensions of beauty, and so on. The expansion of the tourist sector and the creation of tourism clusters like Miami and Bangkok have not only expanded exposure to cosmetic operations but also generated a high point demand for these procedures. Factors affecting health include the growth in obesity, accidents, the expanding safety margin of cosmetic surgery, the rising number of cosmetic surgery hospitals, and so on.
Technological aspects include the development of sophisticated materials such as silicone implants, among other things. Economic reasons such as rising per capita income, lowering cosmetic surgery costs, and so on are some of the main growth drivers in the worldwide Cosmetic Surgery Market. Because of increased acceptance and awareness, as well as technical improvements, nonsurgical treatments like dermal fillers, laser hair removal, and chemical peels are projected to drive market expansion. For example, improvements in cosmetic and reconstructive operations, including microdermabrasion and photo rejuvenation, are expected to drive the Cosmetic Surgery Market throughout the projected period.
In May 2021, GC Aesthetics, Inc, announced the launch of its next generation of breast implants, PERLE. PERL is a highly innovative line of smooth breast implants that features a proprietary surface technology, GCA's industry-leading gel technology, and an enhanced version of the safety features that have underpinned GCA's long-term excellent safety record.
In February 2021, Galderma announced that the U.S. Food and Drug Administration (FDA) has approved Restylane Defyne for the augmentation and correction of mild to moderate chin retrusion for adults over the age of 21.
The major players in the market are AbbVie Inc., Bausch Health Companies Inc., Cynosure Technologies, Galderma SA, Laboratories Vivacy SAS, Merz Pharma GmbH & Co. KGaA, Sinclair Pharma PLC, Syneron, Teoxane Laboratories, and Vital Esthetique.
Verified Market Research has segmented the Global Cosmetic Surgery Market On the basis of Procedure, End-User, and Geography.
Cosmetic Surgery Market, By Procedure
Cosmetic Surgery Market, By End-User
Cosmetic Surgery Market by Geography
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
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