Market Research Future (MRFR) asserts that the Global Cosmetic Surgery Market is likely to garner USD 21.97 billion, grabbing a CAGR of 7.8% during the forecast period (2017-2023). Global Cosmetic Surgery Market Information; by Surgery Type (Liposuction, Eyelid and Nose Surgery, Body Contouring (Tummy Tuck, Breast Lift, Others), Facial Reconstruction, Cosmetic Implants (Breast Augmentation, buttock Implants, Chin & Cheek Implants) and others) – Forecast to 2023
Cosmetic Surgery refers to a special type of surgery which involves reconstruction, restoration, and alteration of the human body in order to enhance its appearance. Cosmetic surgery can be defined as a medicinal discipline where the medical professionals focus on enhancing the look with the help of surgical and medical techniques and can be performed on any parts of the body. The surging influence of the media on the global population is one of the prominent causes of the market growth.
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Global Cosmetic Surgery Market – Competitive Dashboard
The prominent players operating in the Global Cosmetic Surgery Market comprises Valeant Pharmaceuticals International, Johnson & Johnson, Syneron Medical Ltd., Cutera Inc., Genesis Biosystems Inc., and Allergan Inc.
April 03, 2019
Doctors have figured out a latest medical procedure which can help to replace painful invasive surgeries. The 3D printed molds and electric current can soften and reshape the cartilage without having to make a single incision. The development can effectively shorten the recovery time for medical procedures and also make it entirely less painful.
Global Cosmetic Surgery Market – Regional Insights
Geographically, the Cosmetic Surgery Market span across regions namely, Europe, North America, Asia-Pacific, and the Middle East & Africa.
Considering the global scenario, the North American region is likely to command the maximum share in the global market and is estimated to retain its pole position. The growth can be ascribed to the presence of the U.S. in this region which has the presence of its solid healthcare system and infrastructure. The advanced technologies have further added to its growth parameters. Advancing technologies implemented in the procedure is also impacting the growth of the market. Moreover, the surging awareness coupled with the rising acceptability of the plastic surgery is estimated to contribute to its market growth.
The Asia Pacific region is likely to emerge as the fastest expanding region in the global market due to the presence of economies like China, Japan, and India. With breast implementation and eyelid surgeries gaining prominence in Japan, the market is flourishing rapidly. Moreover, medial tourism in the developing countries is offering better economic growth.
Global Cosmetic Surgery Market – Segmental Analysis
The Global Cosmetic Surgery Market has been segmented on the basis of surgical procedures and non-surgical procedures.
By mode of surgical procedures, the global cosmetic surgery market has been segmented into cosmetic ear surgery, lipoplasty, cosmetic eyelid surgery, gynecomastia treatment, breast augmentation, abdominoplasty, breast lift, and breast reduction. Among these, the breast augmentation and lipoplasty are the most prominent surgeries.
By mode of non-surgical procedures, the global cosmetic surgery market has been segmented into laser hair removal, laser therapy of leg veins, sclerotherapy, cosmetic injectables, and skin rejuvenation. Among these, the cosmetic injectables segment is likely to gain prominence during the appraisal period owing to the wide acceptance and application.
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