Global Cosmetic Surgery Market is indicating it could reach USD 132.2 billion by 2031

Global Cosmetic Surgery Market is estimated to grow at a CAGR of 10.4% during the forecast period 2024 to 2031

Mar 4, 2024 - 18:11
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Global Cosmetic Surgery Market is indicating it could reach USD 132.2 billion by 2031
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Market Size 

The Global Cosmetic Surgery Market experienced substantial growth, reaching USD 61.3 billion in 2022, and is poised for further expansion, with projections indicating it could reach USD 132.2 billion by 2031.

Cosmetic surgery involves altering or enhancing the natural appearance of various body parts to improve their aesthetic appeal. Qualified surgeons, well-versed in anatomy and tissue structure, typically perform these procedures with meticulous care and precision. 

Such surgeries are usually elective and aim for precise results. They are gaining popularity as individuals seek to enhance their appearance. Additionally, rising instances of dermatological conditions and a growing number of patients seeking treatment contribute to the increasing demand for these procedures in the market. 

Cosmetic Surgery Market Trends 

The surge in cosmetic surgical procedures among both the youth and aging demographic is being propelled by a growing emphasis on fitness and appearance. This trend is set to influence global market dynamics significantly. Emerging nations are witnessing a rising interest in aesthetic treatments, which will further fuel the demand for cosmetic procedures in the foreseeable future.  

Notably, procedures like nose reshaping, botox injections, and liposuction are gaining widespread acceptance, contributing to the expansion of the global cosmetic surgery industry. 

For example, data from the American Society of Plastic Surgeons (ASPS) indicates a substantial number of cosmetic surgeries performed in 2020. This included over 15 million procedures, encompassing various cosmetic surgeries such as mammoplasty augmentation, blepharoplasty, rhytidectomy, liposuction, and rhinoplasty.  

Additionally, there were over 13 million minimally invasive procedures like neuromodulator injections, soft tissue filler injections, and chemical peels, highlighting the diverse range of treatments driving the cosmetic surgery market. 

Cosmetic Surgery Market Segmentation 

By Procedure 

  • Abdominoplasty 

  • Blepharoplasty 

  • Mammoplasty 

  • Buttock augmentation 

  • Laser Skin Rejuvenation 

  • Face Surgery 

  • Liposuction 

  • Others 

By Product 

  • Implants  

  • Equipment 

  • Hyaluronic acid 

 

Cosmetic Surgery Companies 

Major key players are AbbVie, Bausch Health Companies, Candela Syneron, Cynosure Technologies, Galderma SA, Johnson and Johnson, Merz Pharma GmbH, Sientra, Sinclair Pharma, and Teoxane Laboratories. 

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