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

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 global cosmetic surgery market is experiencing remarkable growth impacted by the leading factors like the rising awareness of cosmetic procedures, a huge impact of social media, and technological advancements like emergence of less invasive procedures. Less invasive procedures like fillers and botox and rising acceptance of aesthetic procedures among the young population is notable impacting the growth of the market. Furthermore, with the growing ageing population, the demand for anti-aging procedures is increasing. This comprises the interested individuals to opt for liposuction, facelifts, and other associated procedures that aim to restore youthfulness. In addition, growing disposable income that enables people to opt for affordable aesthetic procedures is boosting the growth of the cosmetic surgery market. 

Despite significant growth seen in the market, the high price of cosmetic surgery may refrain some individuals from availing treatments mainly for complicated procedures. This may considerably impact on market growth. Also, ethical concerns for cosmetic procedures and strict regulations may notably create obstacles for newbies and intricate the industry dynamics, thus hampering the market growth. In addition, complications and risks related to cosmetic surgeries like dissatisfaction with outcomes and associated infections may create hesitation among people from undergoing treatments. Yet, the market will progress with opportunities like progressing market in developing regions, rise of non-surgical treatments, and growing personalization and customization in treatments.

US Cosmetic Surgery Market  is poised to grow at a sustainable CAGR for the next forecast year.