USD 3.45 billion
Blepharoplasty Market Size, Share, Growth Analysis, By Procedure Type(Upper Eyelid Surgery, Lower Eyelid Surgery), By End-user(Clinics, Hospitals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35E2015 |
Region:
Global |
Published Date: March, 2019
Pages:
165
|Tables:
61
|Figures:
75
Blepharoplasty Market Insights
Blepharoplasty Market size was valued at USD 3.45 billion in 2019 and is poised to grow from USD 3.71 billion in 2023 to USD 7.2 billion by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031).
Wrinkles and sagging skin around the eyelid are common signs of aging due to the skin's gradual loss of elasticity. Accordingly, the blepharoplasty market is being driven in part by the increasing proportion of the population that is over the age of 65 and the subsequent desire for minimally invasive surgical treatments.
Blepharoplasty is typically performed to improve the appearance and vision of the eyes by addressing sagging eyelids, drooping eyelids, and other eyelid abnormalities and deformities. Through blepharoplasty, extra fatty deposits can be eliminated, hence reducing eye puffiness. Consequently, the increasing prevalence of these disorders is driving demand for the blepharoplasty procedure, thereby driving the market throughout the analysis period.
US Blepharoplasty Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Upper Eyelid Surgery
Fastest Growth
Upper Eyelid Surgery
Growth Rate
7.6% CAGR
Global Blepharoplasty Market ($ Bn)
Country Share for North America Region (%)
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Blepharoplasty Market Segmental Analysis
The Global Blepharoplasty Market is segmented based on procedure type, end-user, and region. Based on procedure type, the market is segmented into upper eyelid surgery and lower eyelid surgery. Based on end-user, the Blepharoplasty Market is segmented into clinics and hospitals. Based on region, the global Blepharoplasty market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Blepharoplasty Market Analysis by Type
In 2021, upper eyelid surgery accounts for the largest market share of the global Blepharoplasty market and is expected to do so during the analysis period because of its growing demand as compared to lower eyelid surgery. Upper eyelid surgery gets rid of extra skin along the upper eyelids and tightens sagging skin to improve vision that was previously blocked. Some of the benefits of this surgery are a smoother forehead and a younger look. These are some of the major factors driving the demand for upper eyelid surgeries globally.
The lower eyelid surgery segment is also expected to register faster growth due to its benefits, over the forecast period. Lower eyelid surgery gets rid of fat, loose skin, and extra skin in the lower lids. It also gets rid of under-eye bags, dark circles, and lines and wrinkles on the eyelids. These are some of the key factors that are driving the demand for eye surgery procedures and driving the blepharoplasty market during the analysis period.
Global Blepharoplasty Market By Type (%)
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Blepharoplasty Market Regional Insights
In terms of market share, North America dominated the global blepharoplasty market in the year 2021. Due to the availability of enhanced facilities and the growing demand for cosmetic surgery among the millennial and elderly populations, the market for blepharoplasty is expanding. Moreover, the region's rapid adoption of innovative techniques and devices is driving the blepharoplasty market.
The Asia-Pacific region is predicted to have the fastest growth during the projection period. This can be attributed to an aging population, an increase in the desire for cosmetic surgery, and the growing popularity of blepharoplasty as a medical treatment. In addition, an increase in the number of patients undergoing eyelid surgery in countries such as South Korea and Japan, as well as the expansion of the sector in India and China, is anticipated to fuel growth throughout the projection period. The increasing frequency of blepharoplasty in China is primarily because of increasing disposable income, and the rising acceptability of cosmetic surgery. These are some of the major factors propelling the blepharoplasty market growth during the analysis period.
Global Blepharoplasty Market By Geography
- Largest
- Fastest
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Blepharoplasty Market Dynamics
Blepharoplasty Market Driver
Technological advancements in the field of blepharoplasty are expected to drive market growth.
- The increasing prevalence of eye-related illnesses, particularly in the elderly population, is anticipated to stimulate growth. Globally, eye disorders such as droopy eyes, blurred vision, and wrinkles around the eyes are on the rise, consequently boosting the demand for blepharoplasty procedures. Ultimately, this will increase demand during the projection period. Additionally, the demand for enhanced aesthetics is driving market expansion.
- In addition, surgeons are widely using non-surgical approaches such as blepharoplasty due to their numerous advantages over conventional methods. In comparison to traditional surgeries, which involve surgical procedures, anesthesia, and lengthy recovery periods, new technological techniques eliminate these disadvantages. Modern technologies using plasma exercise procedures, for instance, are cost-effective, non-invasive, and have an instant effect. Such technical breakthroughs are projected to drive the blepharoplasty market over the forecast period.
Blepharoplasty Market Restraint
The high cost of performing blepharoplasty is a major restrain for the market growth.
- High cost of performing blepharoplasty procedures and complications such as dry eyes, muscle damage, and scars are some of the major restraints for the blepharoplasty market. These are some of the major factors that would slow down the blepharoplasty market growth during the analysis period.
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Blepharoplasty Market Competitive Landscape
The Blepharoplasty market is relatively fragmented, with a high level of competition. Few large players, like Stanford Health Care, Luminera Derm Ltd., and IOPtima Ltd., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Blepharoplasty Market Top Player’s Company Profiles
- Allergan Inc.
- Cutera Inc.
- Cynosure Inc.
- Erchonia Corporation
- Hologic Inc.
- Lumenis Ltd.
- Merz Pharma GmbH & Co. KGaA
- Nestlé Skin Health S.A.
- Palomar Medical Technologies Inc.
- Sciton Inc.
- Syneron Medical Ltd.
- Alma Lasers Ltd.
- Bausch Health Companies Inc.
- El.En. S.p.A.
- Fotona d.o.o.
- Galderma S.A.
- InMode Ltd.
- Lutronic Corporation
- Solta Medical Inc.
- Valeant Pharmaceuticals International Inc.
Blepharoplasty Market Recent Developments
- In August 2022, Stanford medicine announced it has opened a new pediatric emergency department with a child-centered space. This is done to make children and their families comfortable while their visit to the pediatric center.
- In December 2021, IOPtima announced a partnership with ROCOL, a distributor of medical equipment in Colombia. ROCOL is known for producing goods of the greatest quality in the fields of ophthalmology, cancer, aesthetics, and surgery.
Blepharoplasty Key Market Trends
- The trend for blepharoplasty is fueled by the increasing desire to improve one's appearance aesthetically and the rising awareness of cosmetic operations. In addition, the increasing number of millennials, rising disposable income, and rising healthcare expenditures are significant market growth drivers.
- Increasing inclination for minimally invasive operations is anticipated to create potential prospects for the global blepharoplasty market over the forecast period. In many Asian nations, double eyelid surgery is the most common surgical procedure, particularly in South Korea. The surgery is renowned for generating the most natural, long-lasting double eyelids for patients. This type of procedure typically lasts approximately an hour, and patients are not required to remain in the hospital afterward. Numerous foreigners travel to South Korea each year to have their eyelids operated on as a result of how frequent and simple the procedure is, thereby contributing to the expansion of the blepharoplasty market.
Blepharoplasty Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global Blepharoplasty market is being driven in part by the increasing proportion of the population that is over the age of 65. The increasing prevalence of these disorders is driving demand for the procedure, thereby driving the market throughout the analysis period. Based on region, the global Blepharoplasty market is segmented into North America, Europe, Asia-Pacific, South America, and MEA. North America is expected to dominate the global blepharoplasty market during the analysis period. The Asia-Pacific region is predicted to have the fastest growth during the projection period. Regional Insights
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 3.45 billion |
| Market size value in 2031 | USD 7.2 billion |
| Growth Rate | 7.6% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Blepharoplasty Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Blepharoplasty Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Blepharoplasty Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Blepharoplasty Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Blepharoplasty Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Blepharoplasty Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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