Blepharoplasty Market

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.

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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).

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. '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.'

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.

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.

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.

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Blepharoplasty Market

Report ID: SQMIG35E2015

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