The cosmetic surgery market is projected to grow to US$56.495 billion by 2024, from US$37.372 billion in 2018, at a CAGR of 7.13% over the forecast period. Cosmetic surgery is a medical procedure aimed at enhancing appearance through surgical and medical techniques. An individual may undergo a cosmetic procedure either for reduction, augmentation, lifting, or improvement of a body part. The market for cosmetic surgery has seen a significant rise over the years, driven by advancements in surgical procedures rising incomes, expanding urbanization, cultural effects of global integration, and a rise in specialized surgeons.
Surgical procedures have historically proven to generate high demand, while non-invasive procedures are gaining traction. The United States is the largest market for cosmetic surgery, followed by Europe. In addition, Asia Pacific is expected to witness the fastest regional market growth between 2018 and 2024. This growth is attributed to growing awareness regarding surgery, enhanced technology spillover from mature markets, rising healthcare expenditures, and the availability of trained surgeons.
The Cosmetic Surgery Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product, solution, industry vertical, and geography.
The cosmetic surgery market has been segmented based on type, body part, and geography. By type, the market has been segmented on the basis of surgical procedures, non-surgical procedures, and liposuction. By body part, the market has been segmented as face and head, breast and body, and extremities.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyzes 13 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries presents for the manufacturers.
Major players in the cosmetic surgery market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the cosmetic surgery market.
| Report Metric | Details |
| Market size value in 2018 | US$37.372 billion |
| Market size value in 2024 | US$56.495 billion |
| Growth Rate | CAGR of 7.13% from 2018 to 2024 |
| Base year | 2018 |
| Forecast period | 2019–2024 |
| Forecast Unit (Value) | USD Billion |
| Segments covered | Type, Body Part, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | Candela Corporation, Allergan, Cutera, Merz pharmaceuticals, Mentor Plastic Surgery, Lumenis, Sinclair Pharma, Cutera, Candela Corporation |
| Customization scope | Free report customization with purchase |
Segmentation
The cosmetic surgery market has been segmented based on type, body part, and geography as below:
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