Cosmetic Surgery Market Size, Trends, Industry Analysis, Overview, Share And Forecast 2023 To 2030

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Market Overview:

The Cosmetic Surgery Market includes surgical and non-surgical cosmetic procedures that enhance physical aesthetics and boost self-esteem. Cosmetic procedures involve plastic surgery of facial parts or body contouring techniques to complement or enhance one's appearance according to personal choice and taste. The market has witnessed significant growth due to increasing disposable incomes, growing middle-class population globally, and changing social lifestyle pattern.

The global Cosmetic Surgery Market is estimated to be valued at US$ 57.35 Bn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. 

Get more insights on this topic: https://www.coherentmarketinsights.com/market-insight/cosmetic-surgery-market-4517

Market key trends:

One of the key trends driving the market is increasing adoption of minimally invasive and non-invasive cosmetic procedures. Procedures like Botox, laser treatments, and chemical peels are gaining popularity as they involve lesser downtime and carry fewer risks. With advancements in technologies, manufacturers are introducing novel products for performing these procedures that are becoming more effective yet less painful. Further, improved cosmetic outcomes and fast recovery are propelling the demand for minimally invasive cosmetic procedures.

Segment Analysis

The global cosmetic surgery market is segmented by type into surgical procedures and non-surgical procedures. The surgical procedures segment dominates the market due to the rising preference for surgical procedures to correct physical deformities or enhance facial features and body contouring. Within surgical procedures, breast augmentation is the largest sub-segment owing to the growing trend of breast enhancement among women across the globe. 

Key Takeaways

The global cosmetic surgery market is expected to witness high growth, exhibiting a CAGR of 3.9% over the forecast period, due to increasing focus on physical appearance and rising adoption of minimally invasive surgeries. 

Regional analysis: North America dominates the global cosmetic surgery market due to the rising number of cosmetic procedures in the US. Asia Pacific exhibits the fastest growth due to increasing medical tourism in countries like China, India, South Korea and Thailand.

Key players: Key players operating in the cosmetic surgery market are Bausch Health Companies Inc. (Canada),Johnson & Johnson Services, Inc. (MENTOR) (U.S.),AbbVie Inc. (U.S.),Cutera (U.S.),Merz Pharma (Germany),GALDERMA (Switzerland),Sientra, Inc. (U.S.),Cynosure (U.S.),Apyx Medical (U.S.),Long Island Plastic Surgical Group, PC (U.S.).

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