Product ID: SQMIG35C2004
Global Cosmetic Surgery Market Size, Share, Growth Analysis, By Type(Surgical Procedures {Breast Augmentation, Liposuction), By Gender(Females, Males), By Providers(Hospitals & Specialty Clinics, Cosmetic Surgery Centers) - Industry Forecast 2024-2031
Report ID:
SQMIG35C2004 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
98 |
Figures:
76
Global Cosmetic Surgery Market Insights
Cosmetic Surgery Market size was valued at USD 67.3 billion in 2019 and is poised to grow from USD 75.11 billion in 2023 to USD 201.68 billion by 2031, growing at a CAGR of 11.6% in the forecast period (2024-2031).
The cosmetic surgery market is rapidly expanding. The industry is being propelled forward by technological advancements and the development of sophisticated materials such as silicone implants. Furthermore, social and cultural factors such as media, fashion, and entertainment industry influences, as well as social networking apps such as Snapchat and Instagram, are driving the global market. The non-essential nature of cosmetic surgery, the social taboo against injuring parts of the body, and the high costs associated with these surgeries, on the other hand, are some of the major barriers to the growth of the cosmetic surgery market. Economic factors such as rising per capita income and lower cosmetic surgery costs are expected to drive market growth in the coming years.
Social influences in the fashion, film, and media industries, peer pressure on appearance and charm, changing dimensions of beauty, and the expansion of the tourism sector and the establishment of medical tourism clusters such as Miami and Bangkok increased exposure to cosmetic surgery and created a high demand for these procedures. Increased obesity, accidents, increased safety margins for cosmetic surgery, and an increase in the number of cosmetic surgery hospitals are all health-related factors. The development of sophisticated materials such as silicone implants is one of the technical aspects. Economic factors such as rising per capita income and lower cosmetic surgery costs are major growth drivers in the global market.
US Cosmetic Surgery Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Cosmetic Surgery Market Report Snapshots
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