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Cosmetic Surgery Market Is Booming Across The Globe By Share, Growth Size, Key Segments And Forecast To 2030

Jan 24, 2024 8:00 PM ET

Cosmetic Surgery Market Is Booming Across The Globe By Share, Growth Size, Key Segments And Forecast To 2030

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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

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 compound annual growth rate (CAGR) of 9.81% during the forecast period (2023 – 2030).

The cosmetic surgery market refers to the industry that provides surgical procedures and treatments aimed at enhancing or altering a person’s physical appearance. It encompasses a wide range of procedures, including breast augmentation, liposuction, rhinoplasty, and facelifts, among others, driven by consumer demand for aesthetic improvements.

The global cosmetic surgery market has witnessed remarkable growth in recent years, driven by evolving beauty standards, technological advancements, and an increasing emphasis on personal aesthetics. Cosmetic surgery encompasses a broad range of procedures aimed at enhancing physical appearance, including facelifts, breast augmentation, liposuction, rhinoplasty, and more.

Rising consumer awareness, coupled with a growing acceptance of cosmetic procedures, has contributed to the expansion of the market. Additionally, advancements in medical technology and techniques have led to safer and more effective procedures, attracting a wider demographic. Social media and the influence of celebrities have also played a pivotal role in fueling the demand for cosmetic surgery as individuals seek to achieve idealized beauty standards.

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Segment Analysis

The global Cosmetic Surgery market has been segmented based on Procedure Type and End User.

On the basis of Procedure Type, the market is segmented into invasive and non-invasive. The invasive segment is further subdivided into procedures including stomach tucks, liposuction, nose jobs, eyelid operations, and breast augmentation. Injections of Botox, soft tissue fillers, chemical peels, laser hair removal, microdermabrasion, dermabrasion, and others are further divided into the non-invasive sector.

Based on End User, the global Cosmetic Surgery market has been segmented into hospitals and dermatology clinics, ambulatory surgical centers, and others. In 2022, the dermatology clinics and hospitals sector dominated the market. The fact that cosmetic surgical procedures are frequently carried out in hospitals, where all supporting infrastructure is available, acts as a motivating element for the industry.

Competitive Analysis:

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),Johnson & Johnson Services, Inc. (US)

Regional Analysis

The global Cosmetic Surgery market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Cosmetic Surgery market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Cosmetic Surgery market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cosmetic Surgery market comprises of Middle East, Africa, and Latin America.

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The North America Cosmetic Surgery Market dominated this market in 2022 A large number of procedures are conducted in the area as a result of the well-developed healthcare infrastructure. Aesthetic Plastic Surgery Statistics show that although non-surgical operations rose by 44%, surgical procedures rose by 54%. The average plastic surgeon performed 320 operations in 2021, up from 220 in 2020. Additionally, 365,000 breast augmentations (+44%) were carried out in 2021.  Additionally, 71,000 women had their implants removed but not replaced, compared to 148,000 women who had them removed and replaced (+32% from 2020).

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