The Cosmetic Surgery Global Market Report 2023 by The Business Research Company, provides cosmetic surgery market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Cosmetic Surgery Global Market Report 2023, the global cosmetic surgery market size grew from $42.55 billion in 2022 to $46.45 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cosmetic surgery is expected to grow to $63.66 billion in 2027 at a CAGR of 8.2%.
The rising number of cosmetic surgery hospitals is driving the growth of the cosmetic surgery market. Cosmetic surgery is done to improve a person's appearance by repairing the damaged areas of skin, and removal of wrinkles or blemishes. The growing social and cultural influences such as media, fashion, and film industry, peer pressure for appearance and attractiveness, and shifting dimensions of beauty have raised the number of cosmetic surgery hospitals all over the world.
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The cosmetic surgery market is segmented:
1) Cosmetic Surgery Market By Procedure Type: Surgical Procedures, Non-Surgical Procedures, Other Procedures
2) Cosmetic Surgery Market By Provider: Spas And Cosmetic Surgery Centers, Hospitals And Specialty Clinics
3) Cosmetic Surgery Market By Gender: Male, Female
4) Cosmetic Surgery Market By Application: Liposuction, Eyelid And Nose Surgery, Body Contouring, Face Reconstruction, Cosmetic Implants, Other Applications
5) Cosmetic Surgery Market By End-User: Hospitals, Surgical Centers, Other End-Users
The Botulinum Toxin is a key trend gaining popularity in the cosmetic surgery market. The increasing demand for cosmetic surgeries and minimally invasive procedures has increased in the past few years. Botulinum Toxin injections also known as Botox are used to improve appearance by relaxing muscles that cause wrinkles. These injections are also used in treating medical conditions like eye problems, migraines, hyperhidrosis, and overactive bladder. For instance, in 2021, a study, from the American Society of Plastic Surgeons, found that Botox injections became the most popular non-invasive cosmetic procedure in 2020, with 4.4 million procedures performed in 2020. .
The cosmetic surgery market report table of contents includes:
1. Executive Summary
2. Cosmetic Surgery Market Characteristics
3. Cosmetic Surgery Market Trends And Strategies
4. Cosmetic Surgery Market – Macro Economic Scenario
5. Cosmetic Surgery Market Size And Growth
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26. Africa Cosmetic Surgery Market
27. Cosmetic Surgery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cosmetic Surgery Market
29. Cosmetic Surgery Market Future Outlook and Potential Analysis
30. Appendix
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