Cosmetic Surgery Products Market Report
Cosmetic Surgery Products Market Trends, Dynamics & Market Insights See less
Cosmetic Surgery Products Market Trends, Dynamics & Market Insights
Cosmetic Surgery Products Market, By Product (Injectables, Implants, Equipment, Others), Application (Breast, Facial, Body, Neck, Others), End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Universities, and Research Centers), and Region - COVID-19 Impact Analysis and Forecast to 2026.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Cosmetic Surgery Products market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
Cosmetic Surgery Products Market, By Product (Injectables, Implants, Equipment, Others), Application (Breast, Facial, Body, Neck, Others), End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Universities, and Research Centers), and Region...
The Cosmetic Surgery Products Market is projected to grow from USD xx billion in 2020 to SD xx billion by 2026 at a CAGR of around 7.0% during the forecast period.
Cosmetic surgery products are defined as products that are used in performing cosmetic surgery. Cosmetic surgery is defined as a process that enhances a portion of an individual’s body or, faces through the incision. Cosmetic surgeries include altering facial structure (maxillofacial), reconstruction or reshaping of body parts, and altering the structure of jaw (craniofacial) among others.
Key players operating in the Cosmetic Surgery Products market are-
The growth of the Cosmetic Surgery Products market is primarily driven by an increasing number of cosmetic surgeries being performed across the globe. Growing personal appearance consciousness among consumers coupled with rising per capita disposable income is expected to drive the market growth at a significant rate during the review period. In addition to this, increasing medical tourism in developing countries is likely to create lucrative opportunities for the players operating in the global cosmetic surgery products market in the coming years.
By end-user, the cosmetic surgery products market has been bifurcated into hospitals, ambulatory surgical centers, clinics, and universities & research centers. The hospital segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment can be attributed to the availability of required infrastructure and technical expertise.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to expanding geriatric populace coupled with the presence of key market players such as Cynosure (US) and DePuy Synthes (US). The market growth in Asia-Pacific is expected to be driven by an increasing number of cosmetic surgeries and rising medical tourism in developing countries.
The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the cosmetic surgery products market negatively as the healthcare solutions other than covid-19 treatment declined due to fear of coronavirus infection. Also, supply chain disruptions due to the imposition of lockdown affected the product availability on time and thus, affected the market growth.
Here is the list of the group of customers that the cismetic surgery products market hopes to have the greatest opportunity to convert-
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The cosmetic surgery products market is expected to witness an impressive growth of 7.0% CAGR in the coming years.
Allergan, Inc. (Ireland), Cynosure (US), DePuy Synthes (US), Galderma S.A. (Switzerland), Syner-on Medical Ltd. (US), Alma Lasers Ltd (Israel) , Stryker Corporation (US), Cutera, Inc. (US), Iri-dex Corporation (US), Johnson & Johnson (US), Lumenis Ltd (Israel), Genesis Biosystems (US), Merz Pharma GmbH & Co. KGaA (Germany), Sanofi S.A. (France), Smith & Nephew plc (UK), Syneron Medical Ltd (US), Bausch Health Companies Inc. (Canada) and Cynosure (US) are among the key players in the cosmetic surgery products market.
An increasing number of cosmetic surgeries being performed across the globe is the prime factor driving the growth of cosmetic surgery products market.
The hospital segment is expected to register significant growth in the cosmetic surgery products market in the coming years.
North America accounted for the largest share in the cosmetic surgery products market in 2020.
Cosmetic surgery products distributors, Cosmetic surgery products suppliers, Cosmetic surgery products manufacturers, Logistics organizations, Government bodies are the target audience in the cosmetic surgery products market.