LONDON, June 08, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the cosmetic surgery market, the growing number of cosmetic surgery hospitals are driving the growth of the cosmetic surgery market. Cosmetic surgery is performed to improve a person’s appearance by repairing damaged areas of skin and removing wrinkles or blemishes. Growing social and cultural influences such as the media, fashion and the film industry, peer pressure for appearance and attractiveness, and changing dimensions of beauty have increased the number of cosmetic surgery hospitals in the whole world. For example, in 2020, according to the American Society of Plastic Surgeons, an organization specializing in plastic surgery, $16.7 billion was spent on cosmetic procedures in the United States. A total of 15.6 million cosmetic procedures were performed, of which 2.3 million were cosmetic surgeries. , and 13.2 million were minimally invasive procedures, while 6.8 million included reconstructive procedures. The growing popularity of cosmetic surgery has increased the number of hospitals, freestanding outpatient surgical facilities, and offices to perform cosmetic surgery procedures.
Request for a sample of the world plastic surgery market report
Global Cosmetic Surgery Market Share Expected to Increase from $39.01 billion in 2021 to $40.67 billion in 2022 at a compound annual growth rate (CAGR) of 4.3%. The growth of the global cosmetic surgery market is expected to reach $48.84 billion in 2026 at CAGR of 4.7%.
Botulinum toxin is a key trend gaining popularity in the cosmetic surgery market. The growing demand for cosmetic surgeries and minimally invasive procedures has increased over the past few years. Botulinum toxin injections, also known as Botox, are used to improve appearance by relaxing the muscles that cause wrinkles. These injections are also used to treat medical conditions such as eye problems, migraines, hyperhidrosis, and overactive bladder. For example, in 2021, a study by the American Society of Plastic Surgeons found that Botox injections became the most popular non-invasive cosmetic procedure in 2020, with 4.4 million procedures performed in 2019.
The major players in the cosmetic surgery market are AbbVie, Cynosure, Alma Laser, Bausch Health Companies Inc., Galderma SA, Merz Pharma GmbH & Co. KGaA, Evolus Inc., RevanceGalderma, Lumenis, Solta Medical, Syneron Candela, Sinclair Pharma PLC, Syneron, Teoxane Laboratories, Vital Esthetique, Polytech Health & Aesthetics GmbH, GC Aesthetics, HansBiomed Co. Ltd.
TBRC’s global cosmetic surgery industry analysis is segmented by procedure type into surgical procedures, non-surgical procedures, other; by supplier in spas and cosmetic surgery centers, hospitals and specialized clinics; by sex into male, female; by application in liposuction, eyelid and nose surgery, body contouring, facial reconstruction, cosmetic implants, others; by the end user in hospitals, surgical centers, etc.
North America was the greater region in the cosmetic surgery market in 2021 and is expected to be the fastest growing region in the global cosmetic surgery market over the forecast period. Regions covered in the global cosmetic surgery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Global Cosmetic Surgery Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports by The Business Research Company that provide insights into the cosmetic surgery market, analyze the cosmetic surgery market and forecast market size and growth for the overall market, cosmetic surgery market segments and geographies, cosmetic surgery market trends, cosmetic surgery market drivers, market restraints of cosmetic surgery, revenues, profiles and market shares of the main cosmetic surgery market competitors in more than 1000 industry reports, covering more than 2500 market segments and 60 geographies.
The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. A highly experienced and expert team of analysts and modellers provide market analysis and forecasts. The reports identify key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
Not the market you are looking for? Check some ssimilar market intelligence reports:
Global Dermatology Medical Lasers Market Report 2022 – By Device (Surgical Lasers, Vascular Lasers), By End Users (Hospitals, Skincare Clinics, Cosmetic Surgery Centers), By Application (Cancer, Hair Removal, Tattoo Removal, resurfacing, other applications) – Global market size, trends and forecasts 2022-2026
Global Minimally Invasive Surgery Devices Market Report 2022 – By Product Type (Portable Instruments, Inflation Devices, Cutting Instruments, Guiding Devices, Electrosurgical Devices, Auxiliary Devices, Monitoring & Visualization Devices), By Application (Laparoscopy, Cardiovascular, Cosmetic Surgery, Orthopedic Surgery, Obstetrics & Gynecology, Ophthalmology, Neurosurgery, Urology, Other Applications), By End Users (Hospitals, Ambulatory Surgical Centers (ASCS), Research Institutes) – Market Size, Trends and global predictions 2022-2026
Global Cosmetic Lasers Market Report 2022 – By Type (Standalone Lasers, Cross-platform Lasers), By Modality (Pulsed Dye Laser (PDL), YAG Laser, Carbon Dioxide Laser, Erbium, Intense Pulsed Light (IPL), Radio Frequency , infrared), by application (Hair removal, skin resurfacing, vascular lesions, scar and acne removal, body contouring), by end user (hospitals, skincare clinics, cosmetic surgery center) – Global Market Size, Trends and Forecast 2022-2026
Want to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in business, market and consumer research. Located around the world, it has consultants specializing in a wide range of industries, including manufacturing, healthcare, financial services, chemicals and technology.
The most comprehensive database in the world
The Business Research Company’s flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and measures across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess gaps between supply and demand.