Cosmetic Surgery Market Introduction and Overview
According to SPER Market Research, the Global Cosmetic Surgery Market is estimated to reach USD 65.08 billion by 2033 with a CAGR of 4.11%.
The report includes an in-depth analysis of the Global Cosmetic Surgery Market, including market size and trends, product mix, Providers, and supplier analysis. Cosmetic surgery is a voluntarily undertaken operation used to improve a patient's physical appearance and alter their physique. A variety of surgical and non-surgical treatments are used in this operation, which includes facelifts, rhinoplasty (nose reshaping), breast augmentations, and many other types of surgeries. In addition, there are certain cosmetic procedures that are exclusive to a person's gender, such as male breast reduction (gynecomastia surgery) and female genital cosmetic surgery, which includes hymenoplasty, labia majora augmentation, vaginoplasty, etc. Cosmetic procedures can be carried out once the body reaches its mature size. It is usually done on males between the ages of 15 and 16, and on females between the ages of 14 and 15.
- March 2023: Establishment Labs Holdings Inc. declared that it has signed contracts with four European partners and another chain of partners in Japan for the introduction of Mia Femtech, a 15-minute technique that enhances breast shape.
- July 2022: Cutera declared that AviClear, the first and only laser treatment tool authorized for treating mild, moderate, and severe acne in the United States, has received approval.
- February 2021: The FDA approved GALDERMA's use of Restylane Defyne for the repair and enhancement of mild to moderate chin retrusion.
Market Opportunities and Challenges
Rising aesthetic procedure demand, increased surgical procedure prevalence, and increased technical advancements in the healthcare industry are the main factors driving the expansion of the global cosmetic surgery market share. Additionally, the growth of the cosmetic surgery market is driven by the rising number of product approvals. At the same time, the medical device industry's technological advancements in the production of sophisticated cosmetic surgical products are anticipated to present lucrative opportunities for the global cosmetic surgery market to expand during the forecast period.
Furthermore, the market is growing as a result of initiatives developed by both public and private entities to advance the healthcare sector. The market's expansion is anticipated to be restricted by the adverse effects of cosmetic surgery as well as its high cost. In addition, rise in the number of unlicensed providers selling cosmetic services in several countries is also restraining the market growth. These facilities employed unlicensed physicians and surgeons, which has a detrimental effect on the market by increasing the frequency of mishandled cosmetic procedures where patients end up with inferior implants leading to severe side effects. Consequently, the market's expansion will be constrained by the aforementioned reasons.
Market Competitive Landscape
There is fierce competition between several local and foreign competitors in the highly fragmented global market. However, the introduction of new items into the market is being hampered by a stringent regulatory approval process. To maximize their market share, industry leaders are implementing tactics including product launches and mergers and acquisitions. Majors Players are AbbVie Inc., Apyx Medical, Bausch Health Companies Inc., Cutera, Cynosure, GALDERMA, Johnson & Johnson Services, Inc., Long Island Plastic Surgical Group, PC, Merz Pharma, Sientra, Inc. are some of the major companies involved in the global Cosmetic Surgery market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Gender, By Procedure, By Age Group, By Provider.
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | AbbVie Inc., Apyx Medical, Bausch Health Companies Inc., Cutera, Cynosure, GALDERMA, Johnson & Johnson Services, Inc., Long Island Plastic Surgical Group, PC, Merz Pharma, Sientra, Inc.
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COVID-19 Impact on Global Cosmetic Surgery Market
Globally, the COVID-19 pandemic's effects led to a decline in the market for a number of cosmetic operations. The governments of many nations were directed to defer elective and non-essential procedures in order to reallocate their healthcare resources in order to combat COVID-19. Cosmetic operations declined due to disruption of supply chains and suspension of elective procedures. In 2020, fewer cosmetic surgeries were performed overall than the year before. Numerous significant players reported a drop in their product sales as a result of this aspect, which also had an impact on sales of cosmetic surgery. The market is anticipated to be driven by the relaxation in lockdown limitations, the rise in demand for procedures based in home care, and the emphasis on producing cutting-edge solutions to suit the demand.
Key Target Audience:
Women and Men of Various Ages
Professionals and Career-Oriented Individuals
Individuals with Specific Concerns
Medical Tourism Audience
Reconstructive Surgery Audience
Our in-depth analysis of the Cosmetic Surgery Market includes the following segments:
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By Gender: |
Female
Male
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By Procedure: |
Non-Surgical Procedure
Surgical Procedure
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By Age Group: |
18 Years and Younger
19 to 34 Years
35 to 50 Years
51 to 64 Years
65 Years & Above
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By Provider: |
Hospitals & Speciality Clinics
Spas & Cosmetic Surgery Centres
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Key Topics Covered in the Report:
- Global Cosmetic Surgery Market Size (FY’2023-FY’2033)
- Overview of Global Cosmetic Surgery Market.
- Segmentation of Global Cosmetic Surgery Market By Gender (Female, Male).
- Segmentation of Global Cosmetic Surgery Market By Procedure (Non-Surgical Procedure, Surgical Procedure).
- Segmentation of Global Cosmetic Surgery Market By Age Group (18 Years and Younger, 19 to 34 Years, 35 to 50 Years, 51 to 64 Years, 65 Years & Above).
- Segmentation of Global Cosmetic Surgery Market By Provider (Hospitals & Speciality Clinics, Spas & Cosmetic Surgery Centres).
- Statistical Snap of Global Cosmetic Surgery Market
- Expansion Analysis of Global Cosmetic Surgery Market
- Problems and Obstacles in Global Cosmetic Surgery Market
- Competitive Landscape in the Global Cosmetic Surgery Market
- Impact of COVID-19 and Demonetization on Global Cosmetic Surgery Market
- Details on Current Investment in Global Cosmetic Surgery Market
- Competitive Analysis of Global Cosmetic Surgery Market
- Prominent Players in the Global Cosmetic Surgery Market
- SWOT Analysis of Global Cosmetic Surgery Market
- Global Cosmetic Surgery Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts on the Global Cosmetic Surgery Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Cosmetic Surgery Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cosmetic Surgery Market
7. Global Cosmetic Surgery Market, By Gender (USD Million)
7.1. Global Cosmetic Surgery Market Value Share and Forecast, By Gender, 2023-2033
7.2. Female
7.3. Male
8. Global Cosmetic Surgery Market, By Procedure (USD Million)
8.1. Global Cosmetic Surgery Market Value Share and Forecast, By Procedure, 2023-2033
8.2. Non-Surgical Procedure
8.3. Surgical Procedure
9. Global Cosmetic Surgery Market, By Age Group (USD Million)
9.1. Global Cosmetic Surgery Market Value Share and Forecast, By Age Group, 2023-2033
9.2. 18 Years and Younger
9.3. 19 to 34 Years
9.4. 35 to 50 Years
9.5. 51 to 64 Years
9.6. 65 Years & Above
10. Global Cosmetic Surgery Market, By Provider (USD Million)
10.1. Global Cosmetic Surgery Market Value Share and Forecast, By Provider, 2023-2033
10.2. Hospitals & Speciality Clinics
10.3. Spas & Cosmetic Surgery Centres
11. Global Cosmetic Surgery Market Forecast, 2019-2033 (USD Million)
11.1. Global Cosmetic Surgery Market Size and Market Share
12. Global Cosmetic Surgery Market, By Gender 2019-2033 (USD Million)
12.1. Global Cosmetic Surgery Market Size and Market Share by Gender (2019-2026)
12.2. Global Cosmetic Surgery Market Size and Market Share by Gender (2027-2033)
13. Global Cosmetic Surgery Market, By Procedure, 2019-2033 (USD Million)
13.1. Global Cosmetic Surgery Market Size and Market Share by Procedure (2019-2026)
13.2. Global Cosmetic Surgery Market Size and Market Share by Procedure (2027-2033)
14. Global Cosmetic Surgery Market, By Age Group, 2019-2033 (USD Million)
14.1. Global Cosmetic Surgery Market Size and Market Share by Age Group (2019-2026)
14.2. Global Cosmetic Surgery Market Size and Market Share by Age Group (2027-2033)
15. Global Cosmetic Surgery Market, By Provider, 2019-2033 (USD Million)
15.1. Global Cosmetic Surgery Market Size and Market Share by Provider (2019-2026)
15.2. Global Cosmetic Surgery Market Size and Market Share by Provider (2027-2033)
16. Global Cosmetic Surgery Market, By Region, 2019-2033 (USD Million)
16.1. Global Cosmetic Surgery Market Size and Market Share by Region (2019-2026)
16.2. Global Cosmetic Surgery Market Size and Market Share by Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. AbbVie Inc.
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Apyx Medical
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Bausch Health Companies Inc.
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Cutera
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Cynosure
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. GALDERMA
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Johnson & Johnson Services, Inc.
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Long Island Plastic Surgical Group, PC
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Merz Pharma
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Sientra Inc.
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
