What is Global Cosmetic Surgery and Service Market?
The Global Cosmetic Surgery and Service Market is a vast and dynamic field that encompasses a wide range of procedures and services aimed at enhancing physical appearance and correcting functional impairments. This market includes both surgical and non-surgical treatments, with the former involving invasive procedures like liposuction, breast augmentation, and rhinoplasty, while the latter includes treatments like Botox, dermal fillers, and laser hair removal. The market is driven by factors such as the increasing desire for physical perfection, advancements in technology, and the growing acceptance of cosmetic procedures worldwide.
Cosmetic Surgery, Non-surgical Treatments in the Global Cosmetic Surgery and Service Market:
Cosmetic Surgery and Non-surgical Treatments are two major segments of the Global Cosmetic Surgery and Service Market. Cosmetic surgery involves procedures that reshape normal structures of the body to improve appearance and self-esteem. These include procedures like breast augmentation, liposuction, and nose reshaping. On the other hand, non-surgical treatments are procedures that do not involve any incisions or general anesthesia. These include treatments like Botox injections, dermal fillers, and laser hair removal. Both these segments have seen significant growth in recent years, driven by factors such as technological advancements, increasing consumer awareness, and the growing acceptance of these procedures.
Adults, Children in the Global Cosmetic Surgery and Service Market:
The Global Cosmetic Surgery and Service Market caters to a wide range of demographics, including both adults and children. For adults, these procedures are often sought to enhance physical appearance, combat signs of aging, or correct functional impairments. For children, cosmetic procedures are typically performed to correct congenital defects or injuries. It's important to note that the decision to undergo cosmetic surgery should be made with careful consideration and consultation with a qualified medical professional.
Global Cosmetic Surgery and Service Market Outlook:
In 2023, the Global Cosmetic Surgery and Service Market was valued at a whopping US$ 45840 million. The market is projected to experience substantial growth, with an expected value of US$ 173000 million by 2030. This represents a compound annual growth rate (CAGR) of 20.6% during the forecast period from 2024 to 2030. In comparison, the global market for medical devices was estimated at US$ 603 billion in 2023 and is predicted to grow at a CAGR of 5% over the next six years.
Report Metric | Details |
Report Name | Cosmetic Surgery and Service Market |
Accounted market size in 2023 | US$ 45840 million |
Forecasted market size in 2030 | US$ 173000 million |
CAGR | 20.6% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | AbbVie, Galderma, LG Life Sciences, Merz, Medytox, HUGEL, Croma-Pharma, Beijing IMEIK, Bloomage Bio, Elravie (Humedix), Cleviel (Pharma Research Products), Haohai Biological, Q.O.Fill (JW Pharmaceutical), Teoxane, Sinclair, Suneva Medical, CG Bio, SciVision Biotech, Prollenium, Matex-Lab, Jingjia Medical, Genoss, Bohus BioTech, Caregen |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |