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Global Cosmetic Surgery Market Share, Size, Trends, Growth, Forecast: By Gender: Female, Male; By Age Group: 13 to 29, 30 to 54, 55 and Above; By Procedure: Eyelid Surgery, Breast Augmentation, Liposuction, Rhinoplasty, Others; By End User: Hospital and Clinic, Ambulatory Surgical Facility, Others; Regional Analysis; Supplier Landscape; 2023-2031
Global Cosmetic Surgery Market Outlook
The global cosmetic surgery market size in 2022 was USD 70.20 billion, driven by the rising importance of physical appearance across the globe. The global cosmetic surgery market is anticipated to grow at a CAGR of 10.2% during the forecast period of 2023-2031 to achieve a value of USD 167 billion by 2031.
Global Market Likely to be Driven by People’s Desire to Enhance Appearance
Cosmetic surgery seeks to enhance an individual’s appearance, self-confidence, and self-esteem. Popular cosmetic surgery procedures include those for the face [Cheek lift, Botox, Chin surgery, Chemical peel, Dermabrasion, Cosmetic dentistry, Blepharoplasty (eyelid surgery), Eyebrow/forehead rejuvenation (brow lift), Facial contouring, Face-lift, Facial wrinkles, Facial fillers, Laser resurfacing, Laser hair removal, Otoplasty (ear surgery), Neck lift, Rhinoplasty (nose surgery), Skin problems (spider veins, blemishes, tattoo removal, scar revisions), Wrinkle treatment], and for the body [Arm lift, Abdomen reduction (tummy tuck), Breast augmentation, Liposuction, Breast reduction surgery, Breast lift, Circumferential body lift, Buttock lift (belt lipectomy), Inner thigh lift, Laser hair removal].
The global cosmetic surgery market is expected to be driven by people’s desire to look good and attractive.
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Cosmetic Surgery and Plastic Surgery
Cosmetic surgery seeks to use surgical and medical techniques to enhance appearance. Cosmetic surgery may be carried out on all areas of the head, body and neck. Cosmetic surgery is elective as the treated areas only lack aesthetic appeal, but function adequately. On the other hand, plastic surgery seeks to reconstruct body and facial defects that may be a result of trauma, disease, burns, and birth disorders. Thus, plastic surgery is reconstructive in nature and aims to correct dysfunctional body areas.
Cosmetic Surgeries are Very Common
Cosmetic surgical procedures are very common. Each year, over 15 million cosmetic surgeries are performed in USA; over 13 million of these are minimally invasive procedures. Individuals belonging to all age groups and genders undergo cosmetic surgery; however, such procedures are more prevalent in adults between ages 40 and 54. Women undergo nearly 92% of cosmetic surgery procedures. In Asian nations, a robust growing economy and significant social changes have made cosmetic surgery more acceptable, which has led to a greater number of individuals undergoing cosmetic surgery to enhance their appearance and quality of life.
Number of Cosmetic Surgeries Being Carried out is Increasing
The number of people undergoing cosmetic surgery procedures has been rising steadily; some factors contributing to such rise in numbers include:
Constant public exposure – Increasing use of smart phones and social media platforms has increased public exposure, and at the same time, the desire to look good. Many people are motivated by the idea of looking more beautiful, handsome or desirable in public eye; many of these people choose to undergo cosmetic procedures.
Greater acceptance of cosmetic procedures – Cosmetic surgery has gained a lot more acceptance over time, and people have come to display greater willingness to undergo such procedures to enhance their looks and appearance. Growing acceptance is expected to drive the global cosmetic surgery market.
Increased affordability – Cosmetic surgical procedures have become more affordable, which has led to an increase in the number of people opting for such procedures.
Technical developments – Technical advances have made cosmetic procedures safer and more reliable.
The aforementioned reasons are likely to boost the global cosmetic surgery market.
Market Segmentation
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By gender, the market is divided into:
- Female
- Male
By age group, the market is classified into:
- 13 to 29
- 30 to 54
- 55 and above
By procedure, the market is segmented into:
- Eyelid Surgery
- Breast Augmentation
- Liposuction
- Rhinoplasty
- Others
By end user, the market is classified into:
- Hospital and Clinic
- Ambulatory Surgical Facility
- Cosmetic Surgical Centre
By region, the market is divided into:
- Europe
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
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Key Industry Players in the Market
The report offers an extensive assessment of major players in the global cosmetic surgery market; it evaluates their capability, observes latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:
- Merz Pharma GmbH & Co.KGaA
- AbbVie Inc.
- Johnson & Johnson Services, Inc.
- Cynosure LLC
- Candela Corporation
- Bausch Health Companies Inc.
- Lumenis Be Ltd.
- Evolus Inc
- Alma Lasers GmbH
- Galderma SA
- Others
Using SWOT analysis and Porter’s Five Forces model, the EMR report offers deep insights into the industry.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2016-2022 |
| Forecast Period | 2023-2031 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Gender |
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| Breakup by Age Group |
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| Breakup by Procedure |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Cosmetic Surgery Market Overview
3.1 Global Cosmetic Surgery Market Historical Value (2016-2022)
3.2 Global Cosmetic Surgery Market Forecast Value (2023-2031)
4 Global Cosmetic Surgery Market Landscape
4.1 Global Cosmetic Surgery Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Cosmetic Surgery Product Landscape
4.2.1 Analysis by Gender
4.2.2 Analysis by Age Group
4.2.3 Analysis by End User
5 Global Cosmetic Surgery Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Cosmetic Surgery Market Segmentation
6.1 Global Cosmetic Surgery Market by Gender
6.1.1 Market Overview
6.1.2 Female
6.1.3 Male
6.2 Global Cosmetic Surgery Market by Age Group
6.2.1 Market Overview
6.2.2 13 to 29
6.2.3 30 to 54
6.2.4 55 and Above
6.3 Global Cosmetic Surgery Market by Procedure
6.3.1 Market Overview
6.3.2 Eyelid Surgery
6.3.3 Breast Augmentation
6.3.4 Liposuction
6.3.5 Rhinoplasty
6.3.6 Others
6.4 Global Cosmetic Surgery Market by End User
6.4.1 Market Overview
6.4.2 Hospital and Clinic
6.4.3 Ambulatory Surgical Facility
6.4.4 Cosmetic Surgical Centre
6.4.5 Others
6.5 Global Cosmetic Surgery Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Cosmetic Surgery Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Cosmetic Surgery Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Cosmetic Surgery Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Cosmetic Surgery Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Cosmetic Surgery Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 AbbVie Inc.
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Bausch Health Companies Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Galderma SA
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Merz Pharma GmbH & Co.KGaA
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Johnson & Johnson Services, Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Cynosure LLC
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Candela Corporation
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Lumenis Be Ltd.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Evolus, Inc.
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Alma Lasers GmbH
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Solta Medical
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
18 Global Cosmetic Surgery Market- Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The cosmetic surgery market was valued at USD 70.20 billion in 2022.
The market is expected to grow at a CAGR of 10.2% from 2023 to 2031 to reach a value of USD 167 billion by 2031.
The major market drivers are the increasing awareness regarding potential applications of cosmetic surgery and growing technological advancements.
The key cosmetic surgery market trends include increasing focus on physical appearance, the growing healthcare industry, and improved accessibility for cosmetic surgeries.
The various procedures in the market for cosmetic surgeries include eyelid surgery, breast augmentation, liposuction, and rhinoplasty, among others.
The various end users in the market for cosmetic surgeries include hospitals and clinics, ambulatory surgical facilities, and cosmetic surgical centres.
Plastic surgery involves a wide range of procedures that restore the body's usual function and appearance, whereas cosmetic surgery emphasises on aesthetic procedures.
The most popular aesthetic treatments for men are Botox and derma filters, hair restoration, microdermabrasion, liposuction, and laser therapy.
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