Global Cosmetic Surgery Market

Cosmetic Surgery Market Size, Share, Growth Analysis, By Gender(Female, and Male), By Age Group(13 to 29, 30 to 54, 55 and above), By Procedure(Breast augmentation, Eyelid surgery, Liposuction, Rhinoplasty), By End User(Ambulatory Surgical Facility, Hospital and Clinic, and Office and Cosmetic Surgical Center), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35C2004 | Region: Global | Published Date: September, 2024
Pages: 157 | Tables: 98 | Figures: 76

Cosmetic Surgery Market Regional Insights

North America dominated the market in 2023 and is expected to continue leading during the forecast period. This is owing to its increasing popularirty, the presence of advanced technology, and skilled professionals. The cultural acceptance of aesthetic procedures in the region is higher than other regions, resulting in more demand for professional and personal reasons. Also, North America is the leading center for a large number of innovative procedures and superior healthcare technology that improve effectiveness and safety. The region also holds a huge number of well-certified surgeons and professionals that again contribute to growing patient satisfaction and trust. The key players profiled in the region include Allergan Aesthetics, Galderma, Merz North America, Hologic, Inc., Revance Therapeutics, Inc., and more. 

Europe is the fastest-growing region in the global cosmetic surgery market due to robust cultural inclination towards aesthetics and beauty with a large population seeing cosmetic surgery as a major means of self- confidence and improvement. European nations provide a broader range of cosmetic surgeries like non-invasive treatments, satisfying a large patient pool with diverse needs and choices. Moreover, strict regulatory standards confirm quality standards and high safety in healthcare practices. This ultimately improves patient trust and confidence. Also, Europe is home to numerous medical professionals and talented surgeons prominent for their specialization in aesthetic procedures. Growing medical tourism in the countries like turkey, France, and Germany is also boosting the regional growth.

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Global Cosmetic Surgery Market size was valued at around USD 75 billion in 2022 and is expected to rise from USD 83.6 billion in 2023 to reach a value of USD 199.8 billion by 2031, at a CAGR of 11.5% over the forecast period (2024–2031).

The competitive landscape of the cosmetic surgery market is categorized by different players, comprising specialized clinics, multinational corporations, and progressing startups. Leading companies like Merz, Gladerma, Seintra, and Allergen are dominating the market with a broad range of services and products, especially in surgical implants and injectables. Other established companies are actively investing in R&D to launch novel products and innovative techniques like advanced imaging technologies and minimally invasive surgeries. With the evolving trends, the profiled companies will be implementing changes as per consumer requirements and adapting to technological improvements. 'Allergan, Inc. ', 'Alma Lasers, Ltd. ', 'Cutera, Inc. ', 'Cynosure, Inc. ', 'Erchonia Corporation ', 'Galderma S.A. ', 'InMode Ltd. ', 'Johnson & Johnson Services, Inc. ', 'Lumenis Ltd. ', 'Merz Pharma GmbH & Co. KGaA ', 'Mentor Worldwide LLC ', 'Sientra, Inc. ', 'Sinclair Pharma plc ', 'Syneron Medical Ltd. ', 'Zimmer Biomet Holdings, Inc. ', 'Valeant Pharmaceuticals International, Inc. ', 'Polytech Health & Aesthetics GmbH ', 'GC Aesthetics ', 'Hans Biomed Corp. ', 'Qufu GuangLong Biochem Co., Ltd.'

Most individuals travel to other nations with low prices for superior aesthetic treatments like Thailand, Turkey, Mexico, and more. This trend is propelling the growth of the overall cosmetic surgery market as individuals are hunting for reliable and affordable treatment options. Most medical tourism locations also offer their appeal for aesthetic procedures. 

Rising Demand for Male Aesthetic Procedures: There is a remarkable rise in the number of male populations opting for cosmetic enhancements, comprising treatments like hair transplants, gynecomastia surgery, facial rejuvenation, and more for professional and personal reasons. This inclination is changing owing to societal regulations for self-care and masculinity. Clinics are also developing strategies for addressing the growing needs of male patients. 

North America dominated the market in 2023 and is expected to continue leading during the forecast period. This is owing to its increasing popularirty, the presence of advanced technology, and skilled professionals. The cultural acceptance of aesthetic procedures in the region is higher than other regions, resulting in more demand for professional and personal reasons. Also, North America is the leading center for a large number of innovative procedures and superior healthcare technology that improve effectiveness and safety. The region also holds a huge number of well-certified surgeons and professionals that again contribute to growing patient satisfaction and trust. The key players profiled in the region include Allergan Aesthetics, Galderma, Merz North America, Hologic, Inc., Revance Therapeutics, Inc., and more. 

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Global Cosmetic Surgery Market

Report ID: SQMIG35C2004

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