[195 Pages Report] The Plastic Surgery Market size was estimated at USD 41.69 billion in 2023 and expected to reach USD 44.21 billion in 2024, at a CAGR 6.43% to reach USD 64.50 billion by 2030.
Plastic surgery is a specialty procedure involving the reconstruction, restoration, or alteration of the human body. Plastic surgery’s fundamental objective is to restore tissue and skin’s function and appearance as close to normal as possible. The growing preference towards aesthetic appearance, increasing cases of congenital face disorders and tooth deformities, and rising need for minimally invasive reconstruction surgeries are driving the growth of the plastic surgery market. At the same time, associated limitations, side effects, and unfavorable reimbursement policies may hinder the development of the market. However, integrating innovative technologies and introducing advanced materials in plastic surgery might overcome the challenges and expand the market growth in the future.
Regional Insights
From a geographical perspective, the United States is considered the primary choice for plastic surgery treatments due to state-of-the-art technologies, well-qualified surgeons, and better hospital facilities. Moreover, the ongoing research activities by many healthcare organizations in the United States for plastic surgery create a lucrative spectrum for market development. According to the Aesthetic Society of the United States, surgical procedures increased by 54% in 2021, and total surgical revenue increased by 63% from 2020, representing 69% of all revenue for aesthetic functions. Moreover, Asia-Pacific is expected to experience profitable growth due to increased liposuction, awareness among young people about the aesthetics sector, health care expenditures, and the adoption of aesthetic products. Simultaneously, Europe, the middle east, and African (EMEA) countries also witness significant growth in the forecast period owing to advancements in surgical tools and technologies and the availability of well-qualified healthcare professionals.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Plastic Surgery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plastic Surgery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Plastic Surgery Market, highlighting leading vendors and their innovative profiles. These include AbbVie Inc., Advanced Aesthetics, Alma Lasers GMBH, B. Braun SE, Bausch & Lomb Incorporated, Black & Black Surgical, Colorado Facial Plastic Surgery, COMEG Medical Technologies, Cynosure Aesthetics, DIMEDA Instrumente GmbH, DRE Medical, Eurosurgical Ltd., Evolus, Inc., Genesis Biosystems, Inc., Graham Plastic Surgery, Guangzhou Wanhe Plastic Material Co., Ltd., Hayden Medical Inc., Implantech, Inc., Integra Lifesciences Holdings Corporation, IRIDEX Corporation, Jinan Fosychan International Trading., Ltd., Johnson & Johnson Services, Inc., KLS Martin Group, Koken Co., Ltd., Lumenis Be Ltd., Luminera Ltd., Luminis Health, Medtronic PLC, Millennium Surgical Corp, Minneapolis Plastic Surgery, LTD, New York Center for Facial Plastic & Laser Surgery, S.TETIK, Sinclair Plastic Surgery, Stryker Corporation, Suneva Medical, Sunset Cosmetic Surgery, Surgery Partners, Surgical Instruments, Surgiform Technology, Ltd., USA Health, and Westlake Dermatology P.A..
Market Segmentation & Coverage
This research report categorizes the Plastic Surgery Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Surgery
- Aesthetic Surgery
- Burn Surgery
- Craniofacial Surgery
- Hand Surgery
- Microsurgery
- Pediatric Plastic Surgery
- Product
- Injectable
- Lasers
- Liposuction Equipment
- End-User
- Ambulatory Surgical Centers
- Clinics
- Hospitals
- Research Laboratories & Institutes
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Plastic Surgery Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plastic Surgery Market?
- What are the technology trends and regulatory frameworks in the Plastic Surgery Market?
- What is the market share of the leading vendors in the Plastic Surgery Market?
- Which modes and strategic moves are suitable for entering the Plastic Surgery Market?
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