Cosmetic Surgery And Procedure Market Size Hit US$ 144.7 Bn by 2030

According to Vision Research Report, during the forecast period of 2022 to 2030, the global Cosmetic Surgery And Procedure market is estimated to develop at a compound annual growth rate (CAGR) of 9.5%. The global Cosmetic Surgery And Procedure market was valued at USD 62.4 Million in 2021, and it is predicted to exceed USD 144.7 Million by 2030. The study investigates several elements and their consequences on the growth of the Cosmetic Surgery And Procedure market.

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Growth Factors

Manufacturers coming up with innovative aesthetic devices has led to an increased demand for aesthetic treatments in recent years. For instance, the introduction of technologically advanced products, such as non-invasive body contouring systems, which use fat freezing technology, is expected to create lucrative growth opportunities. According to the Aesthetic Society (U.S.), non-invasive body fat reduction was among the top 5 non-invasive procedures in the U.S. in 2020 with 140,314 procedures performed.

The substantial increase in the volume of cosmetic procedures can be attributed to the popularity of digital photography, rising demand by consumers to boost self-esteem, the introduction of self-monitoring apps, and the increasing affordability of cosmetic surgeries in developing countries. Furthermore, risk associated with cosmetic surgery has decreased due to technological developments and the presence of skilled surgeons.

It was observed that the volume of both surgical and nonsurgical cosmetic procedures has increased in the past few years. This can be attributed to increasing disposable income, increasing safety of surgical procedures, growing faith of patients on such surgeries, and growing medical tourism.

Report Coverage

By Procedure Type Analysis

On the basis of procedure types, the market has been further segmented into invasive procedures and non-invasive procedures. The non-invasive procedures segment dominated the market in 2021 with a revenue share of more than 54.0%.

The segment is projected to expand further at the fastest CAGR retaining the dominant market position throughout the forecast period. Less pain, instant results, and low cost are some of the factors that have increased the demand for non-invasive procedures at a global level.

By Regional Analysis

On the basis of geographies, the global market has been divided into North America, Asia Pacific, Latin America, Europe, Middle East & Africa. In 2021, North America accounted for the largest share of more than 35.0% of the global revenue.

Advanced healthcare infrastructure, adoption of cosmetic procedures, increasing prevalence of skin disorders, and the presence of board-certified and skilled cosmetic surgeons in the region are some of the major factors contributing to the market growth.

Asia Pacific, on the other hand, is projected to grow at the fastest CAGR during the forecast period. The region is backed by countries, such as China, India, and South Korea. South Korea is considered the hub of cosmetic surgeries, which supports the market growth.

Key Players

• AbbVie
• Cynosure
• Evolus Inc.
• RevanceGalderma
• Lumenis
• Solta Medical
• Syneron Candela
• Alma Laser

Market Segmentation

• By Procedure Type
  • Invasive
    • Breast Augmentation
    • Liposuction
    • Nose Reshaping
    • Eyelid Surgery
    • Tummy Tuck
    • Others
  • Non-invasive
    • Botox Injections
    • Soft Tissue Fillers
    • Chemical Peel
    • Laser Hair Removal
    • Microdermabrasion
    • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • India
    • Japan
    • China
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

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