Gender Reassignment Surgery Market -- 55% growth to originate from North America

NEW YORK, Aug. 30, 2022 /PRNewswire/ -- The "Gender Reassignment Surgery Market by Gender Transition and Geography - Forecast and Analysis 2021-2025" report by Technavio expects the market size to increase by USD 209.07 million between 2020 and 2025. According to the report, the market will observe significant growth in North America. The region will account for 55% of the global market share. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Download Sample Report PDF Here 

The global gender reassignment market is concentrated. The number of competitors in the market is moderate in the market. There is a requirement for highly skilled professionals to perform gender reassignment surgery. Also, the exit barrier in the market is high. These factors are expected to limit the entry of new entrants into the market. However, the steady growth of the industry over the past five years is expected to attract new entrants to the market. Hence, due to these factors threat of rivalry is expected to be moderate during the forecast period.

The increase in the number of people opting for sex-change surgeries globally has been instrumental in driving the growth of the market. However, the high cost of the surgery might hamper the market growth. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also must leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Boston Medical Center, Bupa, Cleveland Clinic, CNY Cosmetic & Reconstructive Surgery, Moein Surgical Arts, Mount Sinai Centre for Transgender Medicine and Surgery (CTMS), Phuket International Aesthetic Centre (PIAC), Rumer Cosmetic Surgery,  Sava Perovic Foundation Surgery, and Transgender Surgery Institute are identified as some of the major market participants.

The global gender reassignment surgery market is segmented as below:

• Gender Transition
• Male to female
• Female to male

The male to female segment will generate maximum revenue in the market during the forecast period.

• Geographic
• North America
• Europe
• Asia
• ROW

55% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for gender reassignment surgery in North America. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The gender reassignment surgery market report covers the following areas:

• Gender Reassignment Surgery Market Size
• Gender Reassignment Surgery Market Trends
• Gender Reassignment Surgery Market Industry Analysis

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist gender reassignment surgery market growth during the next five years
• Estimation of the gender reassignment surgery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the gender reassignment surgery market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of gender reassignment surgery market vendors

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Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Gender transition

• Market segments
• Comparison by Gender transition
• Male to female - Market size and forecast 2020-2025
• Female to male - Market size and forecast 2020-2025
• Market opportunity by Gender transition

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• Asia - Market size and forecast 2020-2025
• ROW - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Boston Medical Center
• Bupa
• Cleveland Clinic
• CNY Cosmetic & Reconstructive Surgery
• Moein Surgical Arts
• Mount Sinai Centre for Transgender Medicine and Surgery (CTMS)
• Phuket International Aesthetic Centre (PIAC)
• Rumer Cosmetic Surgery 
•  Sava Perovic Foundation Surgery
• Transgender Surgery Institute

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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SOURCE Technavio