Axiom Market Research & Consulting™ added “Cosmetic Surgery And Procedures Market Report, By Type And Geography – Global Market Share, Trend Analysis And Forecast Up To 2024”
The Global Cosmetic Surgery and Procedures market report covers in-depth analysis of multiple market segments based on type & their sub-types, and study across different topographies. The report is also inclusive of competitive profiling of the leading cosmetic surgery and procedure vendors, and latest developments.
Global increase in the incidence of acne and other skin-related conditions has driven the market. Furthermore, rapidly aging population and increasing concerns about wrinkles & related skin disorders are some of the key factors likely to boost the market. Furthermore, increasing prevalence of breast cancer has increased the demand for breast augmentation and breast lift procedures.
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The demand for tummy tuck (abdominoplasty) and liposuction is also growing due to increasing obese population. Moreover, changing lifestyle, increasing affordability, and advancements in technologies are likely to propel the market growth of cosmetic surgery. Cosmetic surgery and procedure market was valued at ~USD 35 billion in 2017, and is projected to grow at a CAGR of 7.2% during the forecast period 2019-2024.
The global increase in population also results in an increased demand for anti-aging cosmetic and aesthetic treatments. Owing to its distinctive viscoelastic and moisturizing properties coupled with lower toxicity levels, demand for hyaluronic acid products are directly affected by growing application in minimally invasive antiaging solutions. Growing aesthetic awareness among the population and increasing medical tourism in the developing regions of Asia Pacific and Latin America due to developing healthcare infrastructure & affordable treatments are likely to propel the market.
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The global cosmetic surgery and procedure market has been segmented based on type & their sub-types, and geography. Based on type the cosmetic surgery and procedure market has been segmented as surgical and non-surgical. Based on surgical type, the market is segmented as breast augmentation, liposuction, tummy-tuck, eyelid surgery, and breast lift. Nonsurgical type is further segmented as Botulinum toxin, Dermal Fillers, Laser hair removal, Chemical peels, Photo-rejuvenation, and Microdermabrasion. The nonsurgical procedures segment is estimated to grow at a higher rate over the forecast period. This is due to increasing aesthetic awareness among the population, rise in medical tourism in regions such as India, South Korea, Brazil, and Singapore. In addition, nonsurgical procedures are more economical for patients. This segment is projected to grow at a CAGR of 7.5% from 2019 to 2024.
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Email: sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 23869707
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