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Cosmetic Surgery Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2032

Oct 3, 2023 9:00 PM ET

Cosmetic Surgery Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2032

Cosmetic Surgery Market Research Report Information by Procedure Type {Invasive (Breast Augmentation, Liposuction, Nose Reshaping, Eyelid Surgery, Tummy Tuck, and Others) Non-invasive (Botox Injections, Soft Tissue Fillers, Chemical Peel, Laser Hair Removal, Microdermabrasion, Dermabrasion, and Others)}, by End User (Hospitals and Dermatology Clinics, Ambulatory Surgical Centers, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World – Forecast till 2030

Market Overview

The Cosmetic Surgery market size was valued at USD 46.24 billion in 2022 and projected to grow from USD 48.37 billion in 2023 to USD 63.32 billion by 2030, exhibiting a CAGR of 9.81% during the forecast period (2023 – 2030).

Competitive Analysis

The major players of the market are AbbVie (US), Cynosure (US), Evolus Inc. (US), Gladerma (Switzerland), REVANCE AESTHETICS (US), Lumenis (Israel), Solta Medical (US), Candela Corporation (US), Alma Laser (Israel), Cutera (US), Sientra, Inc. (US), Fotona (Europe), and Johnson & Johnson Services, Inc. (US).

Market Dynamics

In the past decade, cosmetic surgery and minimally invasive procedures such as botulinum toxin and facial filler injections have increased in popularity. In recent years, consumers have increased their expenditure on cosmetic surgery. In addition, market participants are consistently developing technologically advanced products, which may stimulate segment growth over the forecast period.

The preference of women for cosmetic procedures, such as breast augmentation, liposuction, eyelid surgery, abdominoplasty, and breast lift, is increasing the market demand for cosmetic treatments. The availability of innovative technologies and devices for treating skin conditions, as well as the improvement of reimbursement policies for cosmetic procedures, will result in a rise in the number of patients undergoing these operations. Moreover, a growing number of individuals prefer simple, painless methods for appearing youthful and healthy without complications. This circumstance drives up demand for non-surgical procedures.

In addition, rising demand for medical tourism, in which individuals travel to foreign countries for cosmetic procedures, and the emergence of new cosmetic clinics are anticipated to drive the growth of the cosmetic surgery market during the forecast period.

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Market Segmentation

The Market segments of Cosmetic Surgery, based on procedure type, includes invasive and non-invasive.

By End User, the market has been segmented into Hospitals and Dermatology Clinics, Ambulatory Surgical Centers, and others.

Regional Analysis

The developed healthcare infrastructure, the high number of surgeries performed in the region, and the presence of major key players in the region, such as AbbVie (US), Cynosure (US), Solta Medical, and Candela Corporation (US), are some of the factors driving growth for the North America cosmetic surgery market.

Due to technological advancements, rising healthcare costs, and the prevalence of skin diseases, the cosmetic surgery market in Europe accounted for the second-largest market share worldwide. In addition, cosmetic surgery in Germany is anticipated to hold the largest market share, while cosmetic surgery in France is anticipated to be the fastest-growing market in Europe.

Browse In-depth Market Research Report (80 Pages) on Cosmetic Surgery:

Due to countries such as China, India, and South Korea, the Asia-Pacific cosmetic surgery market is anticipated to expand at the quickest rate between 2023 and 2030. South Korea is known as a cosmetic surgery center, which contributes to the expansion of the industry. The regional market is anticipated to be driven by the availability of technologically advanced products and the increased value placed on physical attractiveness. In addition, China cosmetic surgery held the greatest market share, while India cosmetic surgery is anticipated to be the fastest-growing market in the Asia-Pacific region.

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